Select language
Balance replenishment ALIEBAY

REGISTER PARTICIPANTS Indicator Pz Fractal Channel Mt4 Mt4

Discussion in 'Technical Indicators MetaTrader 4' started by Emma McNeill, Nov 3, 2020.

Stage:
Recruitment of participants
Price:
30.00 USD
Participants:
0 of 100
Organizer:
Emma McNeill
  1. Emma McNeill

    Emma McNeill Moderator
    Staff Member Organizer

    Joined:
    Aug 5, 2020
    Threads:
    1,452
    Messages:
    1,453
    Video Channel:
    1
    Likes Received:
    1
    Country:
    Ireland
    PZ Fractal Channel MT4

    #pzfractalchannelmt4

    pz-fractal-channel-mt4-logo-200x200-3462.png

    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. [

    You are not allowed to view links. Register or Login
    Guide< | You are not allowed to view links. Register or Login
    Guide< | You are not allowed to view links. Register or Login
    | You are not allowed to view links. Register or Login
    | You are not allowed to view links. Register or Login
    Products< ]

    • 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
    • It implements alerts of all kinds
    • Customizable colors and sizes
    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.

    Input Parameters

    • Period: amount of bars to calculate fractals from. Must be an odd number
    • Breakouts: enable or disable breakouts
    • Colors: customize arrow colors and size
    • Alerts: Enable or disable alerts of all kinds
    Author[/b]

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    pz-fractal-channel-mt4-screen-3335.png pz-fractal-channel-mt4-screen-3217.png pz-fractal-channel-mt4-screen-1099.png pz-fractal-channel-mt4-screen-6746.png pz-fractal-channel-mt4-screen-7169.png

     

Share This Page

Select language
Balance replenishment ALIEBAY
  • Subscribe to new topics

    Subscribe
  • International online service AliEbay