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olyakish_fractals_01 - Indicator for MetaTrader 4

olyakish_fractals_01
TypeIndicators PlatformMT4 Version10 Date created28 May 2015 Date updated 7 August 2017
Formatmq4 Size8.7Kb Downloads147 Rating
3 of 5
based on 12 rates

The indicator was developed on the basis of the Theory of Chaos by Bill Williams. Its operation is based on the searching "squatting" fractals, i.e., the bars where the final battle of buyers and sellers takes place. The later versions of the indicator draw current resistance and support lines.

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