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Extended Fractals MT5

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The indicator expands the capabilities of standard fractals, allows you to find, display and use them, calculating for any odd length, that is, 3, 5, 7, 9 and so on bars.

To set the number of bars used, the Left fractal bars count variable is set in the settings (the default value is 2), the number in which sets the number of bars on one side without taking into account the central one, that is, it is equal to 2 for a standard fractal with a size of 5 bars (2 bars * 2 sides 1 central = 5 bars for searching and determining the fractal).

  • Period price MA – the period of the moving average for calculating fractal prices (value 1-corresponds to the usual calculation of fractals without averaging)
  • Method price MA – moving average method for calculating fractal prices
  • Price High – the price for searching for highs
  • Price Low – the price for searching for minimums
  • Left fractal bars count – the number of bars in the fractal on one side without taking into account the vertex, that is, for a standard fractal of 5 bars, the value is 2
  • Arrow shift from extremum-indent in points from the value of the extremum of the fractal to highlight the vertex
  • Using high/low bars values to draw arrows – the true value says that the maximum/minimum of the candle should be taken into account when displaying
  • Up arrow code-symbol for indicating the fractal up
  • Down arrow code-symbol for indicating a down fractal
  • UpFractalAlert-enabling / disabling alerts when a new fractal is formed up
  • DnFractalAlert-enabling / disabling alerts when a new fractal is formed down
  • Enable Alert message on new Fractal – enabling / disabling a text message
  • Enable Notification on new Fractal – enabling / disabling sending notifications
  • Enable Sound on new Fractal – enable / disable sound notification
  • SoundFileName – the name of the file for the sound alert
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