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PZ Fractal Channel MT5

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This is a really simple but powerful index for trading on breakouts of variable fractal intervals. A fractal is a cost action
creation of an odd number of pubs, which is the average bar of the lowest or highest price point of the formation.
These prices behave as short-term resistance and support levels that this index uses to build
price station and breakout display. [

Manual
installation instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
products
]

  • simple to exchange
  • Fractal breakouts can start long-term trends
  • Fractal channel is a great trailing stop method
  • it is not repaint and not repaint
  • It implements alerts of all kinds
  • Customizable colors and sizes
A higher period leads to more reliable breakouts, but they appear less frequently. This indicator must be confirmed
analysis on higher timeframes. In general, you want to increase the fractal period for lower timeframes and
reduce it for higher timeframes.

Input parameters

  • Period: the number of bars for calculating fractals. Must be an odd number
  • Breakthroughs: to enable or disable the breakthroughs
  • Colors: customize the color and size of the arrow
  • Alerts: Enable or disable all types of alerts

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[spoiler title=”Read More…”]

This is a really simple but powerful index for trading on breakouts of variable fractal intervals. A fractal is a cost action
creation of an odd number of pubs, which is the average bar of the lowest or highest price point of the formation.
These prices behave as short-term resistance and support levels that this index uses to build
price station and breakout display. [

Manual
installation instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
products
]

  • simple to exchange
  • Fractal breakouts can start long-term trends
  • Fractal channel is a great trailing stop method
  • it is not repaint and not repaint
  • It implements alerts of all kinds
  • Customizable colors and sizes
A higher period leads to more reliable breakouts, but they appear less frequently. This indicator must be confirmed
analysis on higher timeframes. In general, you want to increase the fractal period for lower timeframes and
reduce it for higher timeframes.

Input parameters

  • Period: the number of bars for calculating fractals. Must be an odd number
  • Breakthroughs: to enable or disable the breakthroughs
  • Colors: customize the color and size of the arrow
  • Alerts: Enable or disable all types of alerts

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

This is a really simple but powerful index for trading on breakouts of variable fractal intervals. A fractal is a cost action
creation of an odd number of pubs, which is the average bar of the lowest or highest price point of the formation.
These prices behave as short-term resistance and support levels that this index uses to build
price station and breakout display. [

Manual
installation instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
products
]

  • simple to exchange
  • Fractal breakouts can start long-term trends
  • Fractal channel is a great trailing stop method
  • it is not repaint and not repaint
  • It implements alerts of all kinds
  • Customizable colors and sizes
A higher period leads to more reliable breakouts, but they appear less frequently. This indicator must be confirmed
analysis on higher timeframes. In general, you want to increase the fractal period for lower timeframes and
reduce it for higher timeframes.

This is a really simple but powerful index for trading on breakouts of variable fractal intervals. A fractal is a cost action
creation of an odd number of pubs, which is the average bar of the lowest or highest price point of the formation.
These prices behave as short-term resistance and support levels that this index uses to build
price station and breakout display. [

Manual
installation instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
products
]

  • simple to exchange
  • Fractal breakouts can start long-term trends
  • Fractal channel is a great trailing stop method
  • it is not repaint and not repaint
  • It implements alerts of all kinds
  • Customizable colors and sizes
A higher period leads to more reliable breakouts, but they appear less frequently. This indicator must be confirmed
analysis on higher timeframes. In general, you want to increase the fractal period for lower timeframes and
reduce it for higher timeframes.

  • Period: the number of bars for calculating fractals. Must be an odd number
  • Breakthroughs: to enable or disable the breakthroughs
  • Colors: customize the color and size of the arrow
  • Alerts: Enable or disable all types of alerts
  • Period: the number of bars for calculating fractals. Must be an odd number
  • Breakthroughs: to enable or disable the breakthroughs
  • Colors: customize the color and size of the arrow
  • Alerts: Enable or disable all types of alerts

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[/spoiler]

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