The Fractals indicator displays only fractals with the specified parameters in the indicator settings on the chart. This allows you to record the trend reversal with greater accuracy, excluding false reversals. 

According to the classical definition, a fractal is an extreme candle on the chart, which was not crossed by the price of 2 candles before and 2 candles after the appearance of the fractal candle. In this indicator, it is possible to adjust the number of candles before and after the extreme, as well as the minimum number of points for the price to move from the extreme to the left and to the right of it. 

In the Fractals indicator, it is possible to set an alert for the appearance of a new fractal, as well as sending a letter or push notification.

Fractals Indicator Tinctures

– – – – – – – – Settings – – – – – – – –

Left bars – the number of bars before the fractal candle

Right bars – the number of bars after the fractal candle

Left side points – the minimum number of points for the price to move away from the extreme of the fractal to the left

Right side points – the minimum number of points for the price to move away from the extreme of the fractal to the right

– – – – – – – – – Display – – – – – – – – –

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History bars (0 – all bars of chart) – the number of chart bars on which the indicator should be displayed

– – – – – – – – – Alerts – – – – – – – – –

Alert – alert when a new fractal is formed

Push notification – push notification when a new fractal is formed

Email-sending a letter when a new fractal is formed

I will be grateful for your positive feedback, as well as suggestions for improving the indicator.

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