FractalChannel_v1 - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
Very interesting way to draw channels. Despite the obvious primitiveism of drawing, it can be useful during flat analysis (for example, if you don't have access to a terminal for a while and it's necessary to quickly assess past events). - Free download of the "FractalChannel_v1" indicator for MetaTrader 4 via "Scriptor" in the MQL5 code base, May 16, 2016
Attachment download
Source: MQL5 #7563
FractalChannel_v1 - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
FractalChannel_v1 - MetaTrader 4 script | 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 on titles or short-term profit descriptions.
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