How to Add MT4 Fractals Indicators on MT4 Chart
Step 1: Open MetaTrader 4 Software Navigator Panel
Open MetaTrader 4 Navigator panel as shown on example below: Go to 'View' menu (click), then select the 'Navigator' panel (click), or From Standard Tool Bar click 'Navigator' button or press keyboard MetaTrader 4 short-cut keys 'Ctrl+N'
On MetaTrader 4 Navigator window, choose "Indicators", by DoubleClick
How Do You Use MT4 Fractals Indicator in MT4?
How to Add Fractals MetaTrader 4 Indicator
Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will then appear as (-) & will now display a list of MT4 indicators as shown on example below - select the Fractals indicator from this list of MT4 indicators so that you can add the Fractals MT4 indicator on MetaTrader 4 chart.
How Do You Use MetaTrader 4 Fractals Indicator on MT4?
How to Place Custom Fractals Indicator on MT4 and How to Install Fractals Indicator Meta Trader 4
If the MT4 indicator that you want to add on the MT4 charts is a custom MT4 indicator - for example if the Fractals indicator that you want to add is a custom MT4 indicator you will need to first add this custom Fractals MT4 indicator on MetaTrader 4 platform & then compile custom Fractals indicator so that the newly added Fractals MT4 custom indicator pops up on the list of custom indicators on MT4 software.
To learn how to add Fractals indicators on MT4 - how do you add Fractals indicator window to MT4 platform? - how do you add Fractals custom indicator on MetaTrader 4? - How to add a custom Fractals custom indicator in MT4.
How Do You Use Fractals MetaTrader 4 Indicator?
Chaos Fractals Indicator Analysis and Chaos Fractals Buy & Sell Signals
Created by Bill William
A fractal is formed by three price bars
A fractal is used to detect the market bottom or the market top.
Up Fractal - defined as a middle bar with two lower price highs on each side (A- shaped fractal)
How Do I Add MT4 Fractals Indicators on MetaTrader 4 Chart
Down Fractal - defined as a middle bar with two higher price lows on each side (V-shaped fractal)
How Do You Add MetaTrader 4 Fractals Indicators in MetaTrader 4 Chart
How to Generate Buy & Sell Signals
Breakout Signals
The break out forex method of using fractals indicator is used to initiate trades and open trades based on the direction of a price breakout either above or below most recent fractal.
Buy Signal
If price breaks out above the most recent FX Up Fractal - this is interpreted as a buy signal.
Stop loss orders should be placed below the lowest low of the most recent Forex Down Fractal or second most recent Down Fractal.
Fractals Buy Signal - How Do You Use MT4 Fractals Indicator in MT4?
Sell Signal
If price breaks out below the most recent Forex Down Fractal - this is interpreted as a sell signal.
Stop loss orders should be placed above the highest high of the most recent Forex Up Fractal or second most recent Up Fractal.
Fractals Sell Signal
How Do You Use MT4 Fractals Indicator in MT4?