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Since_Last_Fractal - MetaTrader 5 Script - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

Since_Last_Fractal - indicator for MetaTrader 5

Since_Last_Fractal - indicator for MetaTrader 5

"Since last fractal" displays in a separate chart window the number of bars elapsed since the formation of the last fractal. Two rows: the first row shows the number of bars after the upper fractal, the second row shows the number of bars after the lower fractal.

There are no parameters to adjust.

Since_Last_Fractal - indicator for MetaTrader 5

Figure 1. Since the last fractal

Since_Last_Fractal - indicator for MetaTrader 5

Figure 2. Since the last fractal + fractal


Attachment download

📎 since_last_fractal.mq5 (8.24 KB)

Source: MQL5 #23006

Since_Last_Fractal - MetaTrader 5 script usage and filtering suggestions

Since_Last_Fractal - MetaTrader 5 script is a resource related to trading scripts. 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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