Aims Ao Bars
Back to products
Trend Manager Recent Weight
MT4
Watch video
Click to enlarge

Fractals Adjustable Period SR

Trade reversals and breakouts with the Fractals Adjustable Period SR indicator. It plots clear color-coded support and resistance based on fractals.

Trading Style

Indicator Type

Timeframe

,

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 142

Download now
Description

Features of the Fractals Adjustable Period SR Indicator

The Fractals Adjustable Period SR draws support and resistance lines on the chart based on fractals. Fractals come when the price makes a U-turn, going from bullish to bearish or bearish to bullish.

The indicator draws a deep sky-blue resistance line every time the price turns from bullish to bearish. On the other hand, it draws a pale violet-red support line when the price turns from bearish to bullish.

How the Indicator Can Benefit You

The Fractals Adjustable Period SR indicator helps traders identify key reversal areas in the market. At the same time, it is perfect for a breakout strategy. The indicator shows a bullish trend when it makes consistently higher support and resistance lines. In this case, you can wait for the price to pull back to the support line to enter a buy position. Place your stop loss below the previous low and targets according to your strategy. You can also trade a break above the resistance line.

Meanwhile, when the support and resistance lines are consistently lower, it shows a bearish trend. Here, wait for the price to return to the resistance line to place their sell orders. Place your stop loss above the previous high with appropriate targets. You can also trade a break below the support line.

On the other hand, when the support and resistance lines are neither going up or down, it shows a ranging market. Aggressive traders can sell every time the price hits the resistance line and buy when it hits the support line.

Indicator Setting Description

Fractal period: This input allows you to change the indicator period

Upper arrow displacement: This input allows you to change the distance between the bullish signal lines and the candlesticks.

Lower arrow displacement: This input allows you to change the distance between the bearish signal lines and the candlesticks.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Fractals Adjustable Period SR”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

Pivot Points All-In-One

Unlock Reversal Opportunities with Pivot Points Indicator for MT4. Trade Reversals and Breakouts for Big Profits.
MT4
Quick view
Add to wishlist

Order Block Breaker

The Order Block Breaker Indicator is a powerful tool for forex traders, identifying areas of significant buying or selling pressure based on past price action. It works by analyzing order blocks on the price chart, making it easy for traders to see where these important levels are located.
MT4
Quick view
Add to wishlist

Chandelier Exit

Maximize trends, and prevent premature exits with Chandelier Exit Indicator for MT4. ATR-based stop loss, adaptable entries, ideal for effective trend trading.
MT4
Quick view
Add to wishlist

Central Pivot Range

Trade CPR with TC and BC using the Central Pivot Range MT4 indicator. Identify excellent pivot based breakout trade setups and identify forex market trend direction. Includes a multitude of pivot based tools including Fibo Pivots, Camarilla Pivots and Mid pivot points.
MT4
Quick view
Add to wishlist

Forex Trading Sessions

The Forex Trading Sessions indicator is a new powerful and popular MT4 indicator designed to help traders identify active trading sessions in the forex market. This indicator shows the opening and closing times of various global financial centers including Tokyo, London and New York on a trading chart, highlighting active trading sessions with colored rectangles. The Forex Trading Sessions indicator is a useful tool for forex traders of all levels, from beginners to experienced traders, that provides important information about active forex trading sessions, helping to optimize trading strategies and increase profitability.
MT4
Quick view
Add to wishlist

Darvas Boxes nmc

,
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.
MT4
Quick view
Add to wishlist

Fibonacci Pivots

The Fibonacci Pivots Indicator is a powerful MT4 tool for Forex traders looking to predict key levels of support and resistance.Using the Fibonacci sequence, the indicator calculates the pivot levels and displays them on the chart, making it easy to identify potential entry and exit points. The Fibonacci Pivots Indicator works best in trending markets and can be used on multiple timeframes, making it suitable for both short-term and long-term traders. With its clear and easy-to-use interface, this indicator is a valuable addition to any trader's toolbox.
MT4
Quick view
Add to wishlist

Support Resistance Breakout Arrows

,
Unlock profitable trading opportunities with the Support Resistance Breakout Arrows indicator for MT4. It generates precise buy and sell signals using Fractal, CCI, and RSI. The indicator also automatically marks significant support and resistance levels, helping in trend analysis. Benefit from clear entry signals, customizable settings, and compatibility across various time frames for daily and long-term traders.