Reversal Fractals Indicator MT5
Platform: MT5 Type: Reversal Last update: March 20, 2025The Reversal Fractals Indicator for MT5 is responsible for calculating high-probability reversal levels based on fractal patterns. It analyzes market tops and bottoms and once the signal is in place it draws thick line and buy/sell arrow. This approach gives very user-friendly visual clues.
Example chart:
How to trade with reversal fractals indicator for mt5?
The standard approach is simple and straightforward. A potential short trade occurs when a red downward arrow appears, while a blue upward arrow indicates a potential long trade. Each arrow suggests the start of a new trend or the end of a previous one with a market turnaround in the making. It’s important that provided signals are solid due to non-repainting feature.
We need to highlight that multiple signals in the same direction can occur. So, don’t always expect the next signal to be in the opposite direction.
Real nature of these fractals-based signals
Since this indicator relies on fractals, you must take into account that its signals are lagging. A fractal consists of an odd number of bars, with the middle bar acting as the highest or lowest point in the pattern. The signal is only confirmed once all bars in the fractal have closed. Despite this lag, traders who already have a directional bias may find it highly effective for spotting early entry opportunities.
What’s more, it uses adjustable number (note: only odd numbers are accpted like 7 or 9) of bars per fractal with default amount of nine bars. You can change that in the settings tab.
Conclusion
The reversal fractals indicator for metatrader 5 is an interesting proposition for position traders. While the name suggests only to use it for spotting reversals, it can help identify strong continuation pattern as well.
