Fractals AM 外汇EA

Classic indicator.

The Fractals indicator analyzes the price patterns that form on the candlestick chart and display the reversal points of the market trend.

The indicator consists of candles, the middle of which is either the highest (up fractal) or the lowest (down fractal).

Highs and lows, indicated by the indicator on the chart, are recommended to be taken as points that form support and resistance lines.

Unlike the original indicator, where fractals are formed by five candles (high/low in the center and two candles with lower/higher highs/lows on each side), the proposed version of the indicator allows you to independently adjust the number of candles on each side of the central candle to identify the fractal .

Also, the proposed indicator identifies three different types of fractal at the same time.