Fractal Channel 3.0
メタトレーダー・インジケータ (MT4/MT5)
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ℹ 概要
This is a very simple yet effective indicator to trade breakouts of variable fractal periods. A fractal is a price formation of an odd number of bars, being the middle bar the highest or lowest price point of the formation. These prices act as short-term support and resistance levels, which this indicator uses to draw a price channel and display breakouts.
- Easy to trade
- Fractal breakouts can start long trends
- The fractal channel is a great trailing stop method
- It is non-repainting and non-backpainting
- Customizable colors and sizes
- It implements alerts of all kinds
A higher period leads to more reliable breakouts, yet they appear less often. This indicator should be confirmed with higher-timeframe analysis. In general, you'll want to increase the fractal period for lower timeframes and decrease it for higher timeframes.
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入力パラメータ
エキスパートを任意のチャートにロードすると、入力パラメータとして一連のオプションが表示されます。パラメータは分かりやすいブロックにまとめられているので、一見してパラメータの種類が多すぎると思っても絶望しないでください。
- Period
- Amount of bars to calculate fractals. Must be odd.
- Breakouts
- Choose if breakout arrows must be displayed.
- Verbose
- Enable to display consecutive breakouts in the same direction.
- Buy Arrow
- Color of bullish arrows.
- Sell Arrow
- Color of bearish arrows.
- Alerts
- Enable or disable alerts of all kinds.
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FAQ
- What is a fractal?
- A fractal is a price formation of five bars, being the middle bar the highest or lowest price point of the formation. An unbroken fractal is usually regarded as a possible reversal point for the market, whereas a broken fractal is regarded as a breakout that can start a new trend.
- Does the indicator repaint?
- No, it does not.
- Does the indicator backpaint?
- No, it does not.