How to Add Fractals Trading Indicator on MT4 Charts - Adding MT4 Fractals Chart Indicator
Step 1: Open Navigator Panel on Trading Platform
Open Navigator panel as shown & displayed below: Go to 'View' menu (click on it), then choose 'Navigator' window panel (click), or From Standard Tool-Bar click 'Navigator' button or press key-board short cut keys 'Ctrl+N'
On Navigator window, choose 'Indicators', (Double Click)
How Do You Add Fractals Indicator on MT4 - MT4 Fractals Indicator
Step 2: Expand the Indicators Menu on the Navigator - Adding Fractals MT4 Chart Indicator
Expand the menu by pressing the expand(+) button marker (+) or doubleclick the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the Fractals chart indicator from this list of indicators so that to add the Fractals indicator on the chart.
How Do I Add Fractals Trading Indicator - From the Above window you can then place Fractals indicator that you want on the chart
How to Add Custom Fractals Indicator to MT4
If the indicator you want to add is a custom indicator - for example if the Fractals technical indicator you as a trader 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 MT4 platform.
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 indicator in MT4.
About Fractals Technical Indicator Tutorial Explained
Chaos Fractals Analysis & Chaos Fractals Signals
Developed by Bill William
A fractal is formed by three price bars
It's used to detect the bottom or the top.
Up Fractal- defined as a middle bar with 2 lower highs on every side (A- shaped)
Up Fractal
Down Fractal- defined as a middle bar with 2 higher lows on every side (V-shaped)
Up Fractal
Technical Analysis & How to Generate Signals
Breakout Trading
The break out method of using fractals to initiate trades is to take trade transactions based on the direction of a price breakout above or below recent most fractal.
Buy Trade Signal
If price breaks above the recent most Up Fractal enter long.
Stoploss should be placed below the lowest low of the most recent Down Fractal or the second recent most Down Fractal.
Buy Signal Break Out Trading
Sell Trade Signal
If price breaks out below the recent most Down Fractal enter short.
Stoploss orders should be set above the highest high of recent most Up Fractal or the second most recent Up Fractal.
Sell Signal Breakout Trading
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