Introducing the Breakout Fractal Channel Indicator

Are you looking for a reliable tool to enhance your forex trading experience? Look no further than the Breakout Fractal Channel Indicator for MetaTrader 4. This powerful indicator is designed to provide you with valuable insights into market trends and potential breakout opportunities.

What is the Breakout Fractal Channel Indicator?

The Breakout Fractal Channel Indicator is a versatile tool that helps traders identify potential breakout levels in the forex market. It uses fractal analysis to detect key price levels and plots them on your MetaTrader 4 chart. By analyzing historical price data and identifying fractal patterns, this indicator helps you anticipate potential breakouts and make informed trading decisions.

How Does it Work?

Using the Breakout Fractal Channel Indicator is simple. Once installed on your MetaTrader 4 platform, it automatically scans the market and identifies fractal patterns. It then plots the breakout levels on your chart, making it easy for you to spot potential trading opportunities. The indicator also provides customizable alerts, allowing you to stay informed even when you’re away from your trading platform.

With the Breakout Fractal Channel Indicator, you can take advantage of market volatility and increase your chances of success in the forex market. Whether you’re a beginner or an experienced trader, this indicator can be a valuable addition to your trading toolkit.

Don’t miss out on potential breakout opportunities. Get the Breakout Fractal Channel Indicator for MetaTrader 4 today and take your forex trading to the next level.

Inputs

Time fram : Current time frame
Custom time frame to use (if custom time) :0
Fractal period 5 = std mt4 fractal : 5
Upper fractal price :High price
Lower fractal price : Low price
Display type : Display channel with dots
Bars width (when candles are included.. : 2
Wicks width (when candles are include.. : 3
Lines width (when lines are included in… : 3
Upper channel color :Teal
Lower channel color : Orange
Up candle color : Teal
Down candle color : Orange
Up wick color : Teal
Down wick color : Orange
Up arrow size : 3
Down arrow size : 3
Up arrow code : 159
Down arrow code : 159
Up arrow gap : 0.5
Down arrow gap : 0.5
Up arrow color : DodgerBlue
Down arrow color : Magenta
Arrow on first bars? : true
Turn alerts on? : true
Alerts on still opened bar? : false
Alerts should show popup message? : true
Alerts should play a sound? : false
Alerts should send email? : false
Alerts should send notification? : false
Interpolate in multi timeframe mode? : true