Fractal Vol Opt
Fractal Vol Opt is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to Bill Williams fractals (swing highs / lows). It draws arrows on the chart. It has 6 settings, for example Equals (default 5), n Left Up (default 2) and n Right Up (default 2). 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 Fractal Vol Opt
Fractal Vol Opt is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 6 settings, such as Equals, N left up and N right up. MQL source code included.
Files in the download: FractalVolOpt.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Equals | 5 | |
| N left up | 2 | |
| N right up | 2 | |
| N left down | 2 | |
| N right down | 2 | |
| All bars | 2400 |
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: Fractals · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code