i-FractalsEx - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator draws fractals using the number of bars indication options available for determining the fractal in the input parameters:
Input unit Fr_Period = 6 ; // Number of candles
The indicator was first implemented in MQL4 and released in the code base on June 19, 2007.
Figure 1. i-FractalsEx indicator
Attachment download
📎i -fractalsex.mq5 (7.09 KB)
Source: MQL5 #2385
i-FractalsEx - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
i-FractalsEx - MetaTrader 5 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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