Indicator Advanced Fractal Envelopes builds two envelopes on the mean prices of the pre-defined number of upper and lower fractals and the central line.
It has three adjustable parameters:
- Average – number of fractals to build a moving average on their prices
- Show central line – show the central line
- Show fractals – show the fractals
Calculations:
Top = AvgFractUp
Bottom = AvgFractDn
Central = (AvgFractUp + AvgFractDn) / 2.0
where:
AvgFractUp = SMA(SumAvgUp, Average)
AvgFractDn = SMA(SumAvgDn, Average)
SumAvgUp – sum of the prices of upper fractals within the Average number
SumAvgDn – sum of the prices of lower fractals within the Average number
MT5 Indicators – Download Instructions
Advanced Fractal Envelopes MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
Advanced Fractal Envelopes MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install Advanced Fractal Envelopes MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download Advanced Fractal Envelopes MT5 Indicator.mq5
- Copy Advanced Fractal Envelopes MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Advanced Fractal Envelopes MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Advanced Fractal Envelopes MT5 Indicator.mq4 is available on your Chart
How to remove Advanced Fractal Envelopes MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Advanced Fractal Envelopes MT5 Indicator (Free Download)
Click here below to download:
La entrada Advanced Fractal Envelopes MT5 Indicator se publicó primero en ForexMT4Indicators.com.