iFreeNumFractals - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources


Real author : Artem Trishkin
This indicator discovers fractals in any dimension.
In the settings you can set the number of bars to search on the left ( number of bars on the left ) and the center fractal point on the right ( number of bars on the right ).
Version 2.0 has a fixed algorithm for searching fractals, and the required size of upper and lower fractals can be set separately.
In version 3.0, the following fractal search methods were added:
The figure shows the two fractals that will be searched when choosing different search methods:

The code was first implemented in MQL4 and published in the code base of mql4.com on November 16, 2016.

Figure 2. iFreeNumFractals indicator
Attachment download
📎ifreenumfractals.mq5 (19.07 KB)
Source: MQL5 #18088
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