Fractal Minimum Distance - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
EA trades based on fractal indicators . It only trades when new bars appear. Lot calculation: percentage of available margin. When an upward fractal is found, a sell signal is generated and all buy positions are closed. When a downward fractal is found, a buy signal is generated and all sell positions are closed.
For optimization purposes.
Two input parameters simplify configuration:
Fractal minimum distance. "Distance" parameter
Signal bar — check the number of bars of the fractal (relative to the current bar).
Attachment download
📎 fractals_minimum_distance.mq5 (22.21 KB)
Source: MQL5 #18326
Fractal Minimum Distance - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Fractal Minimum Distance - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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