Forex Super Fractal Breakout Trading Strategy
Forex Super Fractal Breakout Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is Bill Williams fractals (swing highs / lows) and breakouts from a range. It has 8 settings, for example Number Of Days (default 50), Begin 1 (default 08:00) and End 1 (default 11:00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Super Fractal Breakout Trading Strategy
Forex Super Fractal Breakout Trading Strategy is an indicator for MetaTrader 4. It has 8 settings, such as Number of days, Begin 1 and End 1. MQL source code included.
Files in the download: fractal breakout.tpl, i-ParamonWorkTime.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Number of days | 50 | |
| Begin 1 | 08:00 | Hour when trading starts (server time) |
| End 1 | 11:00 | |
| Color 1 | DarkBlue | Colour on the chart |
| Begin 2 | 14:00 | Hour when trading starts (server time) |
| End 2 | 17:00 | |
| Color 2 | Brown | Colour on the chart |
| High range | False |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Breakout · Fractals · MT4 Indicator · MQL4 Source Code