Fractal Levels MTF for MT5

Fractal Levels MTF for MT5

Indicator displays fractal levels one, two or three different senior timeframes since the current. When a new fractal is drawn next level. The indicator can be used for visual analysis of the current chart and used in the EA. If you want more levels, start a new instance of the indicator.

Features

  • It works on any timeframe on any symbol.
  • If the settings selected timeframe than the current schedule will show the level of the current timeframe.
  • Ability to display levels are not extrema prices (fractal), and the closing levels of the candles (near fractal).
  • Block various alert when the price level of the fractal or intersection (enable / disable each of the signals).

Input parameters

  • Applied price: Used to draw level price. There are two options:
    • High_Low: The maximum and minimum price (fractal);
    • Close_Close: The closing price of the candle, the closest to a fractal;
      When used in the EA indicator parameter High_Low corresponds to figure 2, Close_Close – figure 3.
  • ON / OFF Smaller timeframesOn / off the first level;
  • ON / OFF Middle timeframesOn / off of the second level;
  • ON / OFF Larger timeframesOn / off the third level;
  • Smaller timeframes: Timeframe first level;
  • middle timeframes: Timeframe second level;
  • Larger timeframes: Time frame of the third level;
  • Pop-up alertsOn / off pop-up alert in the terminal;
  • Sound alertsOn / off audible warning;
  • Send alerts to EmailOn / off notifications by e-mail;
  • Send Push alerts to mobileOn / off notification to the mobile terminal.

Color settings and levels of thickness standard.

Fractal Levels MTF for MT5

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Options

  • zzDepth, zzDev, zzBack – ZigZag indicator parameters
  • factorAB_min, factorAB_max – the minimum and maximum ratio of AB and AX levels (see. screenshot)
  • factorBC_min, factorBC_max – the minimum and maximum ratio BUsing and AB levels (see. screenshot)
  • factorCD_min, factorCD_max – the minimum and maximum ratio of CD and BC levels (see. screenshot)
  • factorAD_min, factorAD_max – the minimum and maximum ratio of AX and AD levels (see. screenshot)
  • bearColor – color display bear figure
  • bullColor – color display bullish figures
  • CountBars – limiting the number of bars for the indicator processing (reduces time boot)
  • UseAlert – Pop-up messages
  • UseNotification – Resolution push-notifications
  • UseMail – permission email notifications

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Video

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??Options

  • Calculation period – period calculation
  • Smoothing method – method of smoothing
  • Used price – used price
  • Use digital filter – enabling / disabling the additional digital filtering
  • Digital filter mode – digital filter mode
  • Show colored arrows – enabling / disabling colored characters rising / falling
  • Arrow up symbol codeGrowth character code
  • Arrow down symbol code – the fall of the character code
  • Shift left or right – offset to the left or right
  • Additional precision – More accurate data

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  • if the quotation of accumulated mostly under the stairs, the expected movement quotations upward;
  • if the quotation of accumulated mainly on the stairs, the expected movement of the quotes down.

The indicator is used on any timeframe and any currency pairs

Parameters indicator settings

  • Calc_Period – calculating a parameter for setting step (e.g. 40)
  • Calc_History – calculating a parameter for setting a period (e.g. 1000)
  • CLR_Lvl – color mapping indicator line

This is the first version of the indicator. Be sure to consider all requests and responses. Please write comments.

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