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Fractals Support Resistance MT4


The arrow indicator shows the support and resistance levels of the current timeframe (yellow arrows) and the two higher timeframes of the user’s choice

(TF2 = sea-green arrows, TF3 = magenta, TF4 = blue arrows).

When the arrows of three colors appear in one place, it is considered a good time to open a position.

  • NumOfBars – the number of bars on which the indicator will show arrows;
  • DistanceArrow – You can increase the distance (vertically) between the arrows, especially at higher TFS.
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