Fractal_Level_Xrust – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • It draws the horizontal lines at the level of the last fractal upwards and downwards.

    List of external variables:

    extern int TimeFrame=0;//If=0, then the current TF, or TF in minutes, the levels of fractal will be taken from this TF;
    extern int Distanse=0;//The distance between the line and the fractal in points, if the value is negative then the shift is inside, if positive – outside;
    extern string FrApNam=”Ap”;//The name of the line that corresponds the fractal upwards;
    extern string FrDnNam=”Dn”;//The name of the line that corresponds the fractal downwards;
    extern color ClAp=Blue;//The color of the line that corresonds the fractal upwards;
    extern color ClDn=Red;//The color of the line that corresonds the fractal downwards;
    extern bool comment=true;//Permission to comment;

    The added version, changes:

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    The separate distances for the top and the bottom line

    Removes the lines if the market position appears, the filtration by the magic number is possible.

  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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