VFractals - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
Real author:
The VFractals indicator marks the level of a fractal formed on a bar with a volume greater than the average volume of the last 3 bars of the fractal.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on June 10, 2010.
Figure 1 VFractals indicator.
Attachment download
📎 vfractals.mq5 (7.51 KB)
Source: MQL5 #1172
VFractals - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
VFractals - 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. Focus on 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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