How to Add Fractals Indicator on MetaTrader 4 Charts - Adding MT4 Fractals Forex Chart Indicator

Step 1: Open Navigator Window on FX Trading Platform

Open Navigator window as shown & illustrated below: Go to 'View' menu (click on it), then select 'Navigator' window (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard short cut keys 'Ctrl+N'

On Navigator window, choose 'Indicators', (Double-Click)

How to Add Fractals Indicator on MetaTrader 4 - MT4 Fractals Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding Fractals MT4 Chart Indicator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the Fractals forex chart indicator from this list of forex indicators so as to add the Fractals forex indicator on the forex chart.

How to Add Fractals Indicator - From the Above window you can then place Fractals indicator that you want on the Forex chart

How to Add Custom Fractals Indicator to MT4

If the technical indicator you want to add is a custom indicator - for example if the Fractals technical indicator you want to add is a custom indicator you will need to first add this custom Fractals indicator on the MT4 platform & then compile custom Fractals indicator so that the newly added Fractals custom indicator pops up on the list of custom indicators in MetaTrader 4 software.

To learn how to install Fractals indicators on MT4, how to add Fractals indicator window to MT4 and how to add Fractals custom indicator in MT4 - How to add a custom Fractals forex trading indicator in MT4.

About Fractals Technical Indicator Tutorial Explained

Chaos Fractals Technical Analysis and Chaos Fractals Signals

Created by Bill Williams

A fractal is formed by three price bars

It is used to detect the bottom or the top.

Up Fractal- defined as a middle bar with 2 lower highs on each side (A- shaped)

Up Fractal

Down Fractal- defined as a middle bar with 2 higher lows on each side (V-shaped)

Up Fractal

FX Technical Analysis & How to Generate Signals

Break-Out Trading

The break out method of using fractals to initiate trades is to take trades based on the direction of a price breakout above or below most recent fractal.

Buy Trading Signal

If price breaks above the most recent Up Fractal enter long.

Stop losses should be placed below the lowest low of the most recent Down Fractal or the second most recent Down Fractal.

Buy Signal Break-Out Trading

Sell Forex Signal

If price breaks below the most recent Down Fractal enter short.

Stop-loss orders should be set above the highest high of most recent Up Fractal or the second most recent Up Fractal.

Sell Signal Break-Out Trading