Fractal Forex Indicator V1.0 MT4 – Smart Reversal Detection


Introduction


One of the most powerful ways to trade forex is to spot reversals before they happen. But most traders either enter too early or too late. The Fractal Forex Indicator V1.0 MT4 was designed to give traders a clear, reliable system for detecting turning points in price action.


This indicator uses fractal-based logic to mark potential highs and lows in the market. Whether you’re a scalper on M5 or a swing trader on H4, the Fractal Forex Indicator helps identify where price might reverse so you can plan better entries and exits.


Overview of Fractal Forex Indicator V1.0 MT4


The Fractal Forex Indicator is built around the idea of fractals in price movement — repeated patterns that signal exhaustion points.


When price forms a local high or low surrounded by opposite candles, it often signals a possible reversal or continuation breakout. The indicator automatically plots these on your chart, eliminating the need to manually scan for fractals.


It can be applied to any forex pair, gold (XAU/USD), and even indices or crypto, making it versatile for all market types.


Key Features



  • Automatic Fractal Detection – Marks highs and lows without manual drawing.

  • Any Pair & Timeframe – Works across forex, gold, indices, and crypto.

  • Reversal & Breakout Alerts – Shows potential turning points and continuation levels.

  • Non-Repainting Logic – Once plotted, fractals stay fixed.

  • Custom Alerts – Pop-up, sound, or email notifications.

  • Scalping & Swing Friendly – Useful for short-term traders and long-term setups.

  • Supports Multi-Timeframe Analysis – Confirm signals on higher TFs for more accuracy.

  • Simple & Clear Design – Beginner friendly with easy-to-read signals.

  • Risk Management Helper – Ideal for placing SL above/below fractals.

  • Lightweight Code – Runs smoothly on multiple charts.



How It Works


The indicator identifies fractal formations — a 5-candle pattern where:



  • A bullish fractal (bottom) forms when a candle low is surrounded by higher lows.

  • A bearish fractal (top) forms when a candle high is surrounded by lower highs.


These fractals are marked with arrows or symbols, showing where price may:



  1. Reverse: Traders can enter in the opposite direction with SL beyond the fractal.

  2. Breakout: If price breaks past the fractal, it may continue in trend direction.


This makes it a dual-purpose tool for both reversal trading and breakout strategies.


Best Settings & Trading Tips



  • Pairs: Works on all forex majors (EUR/USD, GBP/USD, USD/JPY, AUD/USD) + gold (XAU/USD).

  • Timeframes:

  • Scalping – M5/M15

  • Intraday – H1

  • Swing – H4/D1

  • Trading Styles:

  • Use as entry signals for reversals.

  • Use as SL placement for trend-following.

  • Confirmation Tip: Combine with RSI or Moving Average to filter false signals.

  • Risk Management: Place stops 5–10 pips beyond fractal levels.


Performance Insights


In backtests across EUR/USD & XAU/USD:



  • Accuracy: ~72% win rate when combined with trend filters.

  • Scalping (M15): Average 10–15 pips per trade.

  • Swing (H4): Captured 150+ pip reversals.

  • Breakout Trading: Breakouts above/below fractals had ~70% follow-through.



Installation Guide



  1. Download Fractal Forex Indicator V1.0 MT4 from FXCracked.org.

  2. Open MT4 → File → Open Data Folder → MQL4 → Indicators.

  3. Paste the .ex4 file into Indicators folder.

  4. Restart MT4.

  5. Open a chart and attach the indicator.

  6. Adjust alert settings and colors as preferred.


Why Choose YoForex & FXCracked Tools?


When downloading from YoForex-backed platforms like FXCracked, you get:



  • Free lifetime downloads.

  • Tested indicators on real markets.

  • Regular updates for performance.

  • Community support via WhatsApp & Telegram.


If you’re new, check our Beginner’s Guide for full installation and usage steps.


Support 



Call to Action – Download Now


Stop missing reversals and start trading with confidence. Download the Fractal Forex Indicator V1.0 MT4 today and catch market turning points like a pro.


Download Free at FXCracked.org
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