📈 Fractals – adjustable period and prices

One of the “classics” but with a twist – unlike the built in fractals indicator, this one allows you to :

adjust the fractals period (the built in fractal indicator is using period 5)
chose prices for high and low (might be useful in some cases – in extreme whipsaw market conditions, for example)

PS: also, the way how fractals are calculated does not prevent having fractal up and fractal down at the same bar and that is a correct way how it should be calculated. Limiting it to just one fractal per bar is introducing a bias that has no mathematical cause

Fractals – adjustable period and prices – indicator MetaTrader 4

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

Alternative: Test_values_print - script MetaTrader 5

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