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Fractals Support And Resistance Metatrader 4 Indicator

    This indicator finds and draws support and resistance lines based on fractals for the following periods: Month, week, day, 4 hour and 1 hour.

    A nice indicator to trade breakout signals above/below the fractals R/S lines.

    Trading Signals

    Buy a breakout above resistance lines.
    Sell a breakout below support lines.

    Indicator Preferences

    Currency pairs: any
    Preferred Time frames: M15 and above
    Sessions: any


    Download the FractalSupportResistance.mq4 indicator.

    Configurable Indicator Options

    Support/resistance line colors

    GBP/USD H4 Chart Example


    How to install the Fractals Support And Resistance custom indicator in Metatrader 4?

    • Download the FractalSupportResistance.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.