MA on Fractals is a professional trend indicator for the MetaTrader 4 terminal. It builds a moving average on Bill Williams fractals. MA on Fractals, in our opinion, will be much more effective than the standard moving average, and its combination with other indicators will allow you to get more accurate trading signals. It is best used on the timeframes M15, M30, H1, H4.
- A unique indicator, there are no analogues.
- Gives a minimum of false signals.
- Suitable for beginners and experienced traders.
- Simple and easy indicator setup.
- It works on any timeframe.
- It works on any financial instruments.
- Does not redraw.
- The Type parameter can take one of four values: Upper, Lower, Average, and All. Upper builds a moving average on the upper fractals. Lower builds a moving average on the lower fractals. Average builds a moving average for all fractals (for the lower and upper ones). All will select three moving averages at once (Upper, Lower, and Average).
- Period – the period for calculating the indicator.
- Width – the thickness of the indicator lines.
- Upper clr-color of the line drawn from the upper fractals.
- Lower clr– color of the line drawn from the lower fractals.
- Average clr – the color of the line drawn on all fractals (on the lower and upper ones).
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