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Fractals Trend Lines Forex Indicator (MT5)

    The Fractals Trend lines Forex indicator for Metatrader 5 is based on Fractals and draws buy & sell trend lines on the chart.

    Trend lines are a powerful tool that are used by millions of traders worldwide.

    Buy & sell signals from this indicator are easy to identify:

    • A buy signal occurs when price closes above the upper red Fractal trend line.
    • A sell signal occurs when price closes below the lower green Fractal trend line.

    The indicator can be combined with any existing trading strategy or system of your preference.

    Free Download:

    Download the “FractalsTrendLines.mq5” indicator

    Indicator Example Chart (EUR/USD M5)

    After you downloaded and installed the Fractals Trend lines indicator on the trading platform, it should appear like the image as shown below.

    Trading Tips:

    Feel free to use your own favorite trade entry, stop loss and take profit strategy when trading with this technical indicator.

    As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

    Please note that even the best trading indicator cannot yield a 100% win rate over long periods.

    Indicator Specifications & Inputs:

    Trading Platform: Developed for Metatrader 5 (MT5)

    Trading Instruments: Works for Forex, Stocks, Commodities, Equity Indices, Precious Metals, Energies and Shares

    Time frames: Works for any time frame

    Trade Style: Works for scalping, day trading and swing trading

    Input Parameters: Variable (inputs tab), color settings & style

    Indicator type: Fractals

    Does the indicator repaint? No.

    Download Now:

    Download the “FractalsTrendLines.mq5” indicator

    How to install the Fractals Trend lines indicator in Metatrader 5?

    Open the Metatrader 5 platform

    From the top menu, click on “File”

    Then click on “Open Data Folder”

    Then double click with your mouse button on “MQL5”

    Now double click on “Indicators”

    Paste the indicator in the Indicators folder.

    Finally restart the MT5 platform and attach the indicator to any chart.

    How to remove the indicator?

    Right click with your mouse on the chart that you have the indicator attached to.

    Select “Indicator List” from the drop down menu.

    Select the indicator and press delete.

    How to edit the indicator’s inputs and parameters?

    Right click with your mouse on the chart that you have the indicator attached to.

    From the drop down menu, click on indicators list.

    Select the indicator from the list and press edit.

    Now you can edit the indicator.

    Finally, press the OK button to save the updated configuration.

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