Reversal Fractals 4.0

Metatrader Indicator (MT4)

  • Overview

    This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals of different bar sizes to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model.

    • Reversal fractals can start long trends
    • The indicator is non repainting
    • It implements alerts of all kinds
    • Customizable colors and size

    This indicator is a reactive or lagging signal, because a a fractal is a formation of an odd number of bars being the middle bar the highest or lowest in the formation, and the indicator draws when the all bars in the fractal close. However, traders with a pre-existing directional bias will find this indicator extremely useful, picking up early entry points.

    This indicator is not a boiled-down signals indicator nor a complete trading system.

  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Bars in Fractal
    Amount of bars in each fractal. Must be an odd number such as 3, 5, 7, 9, 11, 13, ...
    Max History Bars
    Amount of past bars to evaluate when the indicator loads.
    Colors
    Customize arrows and lines colors and sizes.
    Alerts
    Enable or disable alerts of all kinds.
  • ? FAQ
    Does the indicator repaint?
    No, it does not!
    How can I confirm trades?
    You can use bollinger bands from higher timeframes, for example.
  • Comments

    Keep comments tidy and respectful. Avoid spam, offensive remarks, self-promotion and posting personal or payment information. The comment section is for discussion and questions only. Please note that we'll never solicit payments in the comments section.

Screenshots

Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader
Reversal Fractals Indicator for Metatrader