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AW Flexible Fractals

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The indicator analyzes the price structure of fractals and determines possible reversal points of market dynamics. It is perfect when used in combination with other types of indicators. 

  • Works on all instruments and timeseries,
  • Does not redraw its results,
  • Customizable colors of the indicator elements,
  • It goes well with any trend strategy,
  • Adjusting the strength of fractals.

MT5 version -> HERE / Our news -> HERE

MT5 version -> HERE / Our news -> HERE

AW Flexible Fractals is an indicator that indicates signals not instantly, but with a delay, due to the structure of the fractal. 

To detect the signal in the variable “Number of candles on each side of the fractal“, you can adjust the number of bars on each side of the central point of the fractal. 

In the default settings, the value “2” is used – this means that the signal will be set when there are 2 bars lower on each side relative to the central (upper) fractal. Of these, the one closest to the fractal on each side will be the middle one, and the next one will be the lowest in the group. The indicator will draw a fractal when all the bars in the figure are closed.

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You can adjust the type of fractals:

  • When using the “All Fractals” type, there will be more singals, since the fractal shape for the signal to arrive does not have to be accurate.
  • When using the “Strong Fractals” type, fewer signals will be received, but the figure when forming a group should be more accurate and the signal is stronger. 

This indicator allows you to detect early entry points. However, this indicator is not a full-fledged trading strategy and will be useful in combination with trend or other types of indicators.

  • Fype of fractal – Selection of the type of incoming signals when forming fractals.
    • Strong fractals only – The number of fractals will be less, but their quality is higher.
    • All fractals – The number of fractals is greater, since the shape of the fractal is not as accurate.
  • Number of candles on each side of the fractal – The number of candles on each side relative to the top point of the fractal
  • Bars limit for calculation – The number of candles on which the indicator will be calculated 
  • Up Fractal Color – The color of the indicator elements when an upward direction signal is received 
  • Down Fractal Color – The color of the elements when a downward direction signal is received 
  • Strong fractals only – The number of fractals will be less, but their quality is higher.
  • All fractals – The number of fractals is greater, since the shape of the fractal is not as accurate.

We are happy to provide our developments for free, but due to our limited time, all free products are provided without any support.

Thanks for understanding.

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