RFractals - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author:
Fractals with the ability to set ranges. The fractal range is determined by the values of the indicator input parameters:
Input unit range fractal = 5 ; //fractal range (odd numbers are not less than 3)
The even number of this parameter is changed to an odd number, and every odd number is added!
Please note that standard 5th order fractals are available in the full МetaTrader5.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on June 27, 2009.
Figure 1 Rfractals indicator
Attachment download
📎 rfractals.mq5 (6.99 KB)
Source: MQL5 #1309
RFractals - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
RFractals - 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 only on titles or short-term profit descriptions.
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