Mql5官网 MA on Fractals 外汇EA

MA on Fractals is a professional trend-following indicator for MetaTrader 4. It builds a moving average using Bill Williams’ fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4.

Advantages

• Unique indicator.
• Generates minimum false signals.
• Suitable for beginners and experienced traders.
• Simple and easy indicator configuration.
• Works on all timeframes.
• Works on any financial instrument.
• No repainting.

Recommended symbols

EURUSD, AUDUSD, GBPUSD, NZDUSD.

Usage tips

Buy when the price crosses the indicator line upwards.
Open sell when the price crosses the indicator line downwards.

Parameters

• Type – may take one of the four values: Upper, Lower, Average and All. Upper builds a moving average by upper fractals. Lower builds a moving average by lower fractals. Average builds a moving average by all fractals (upper and lower ones). All displays three moving averages at once (Upper, Lower and Average).
• Period – indicator calculation period.
• Width – indicator line width.
• Upper clr – color of the line based on upper fractals.
• Lower clr– color of the line based on lower fractals.
• Average clr – color of the line based on all (upper and lower) fractals.