iFractalsClassic Trading Indicator: Proper Fractals Construction
iFractalsClassic trading indicator is based entirely on the classical method of construction of fractals.
Not many people pay much attention to this, but the standard Fractals indicator in MT4 is not calculated by 2 candles on the right and 2 on the left - it counts 2 candles on the right and 6 on the left in the case of equal High/Low. This allows it to show a little more signals. The iFractalsClassic indicator, in turn, builds fractals according to the classical principle.
iFractalsClassic trading indicator allows you to choose the number of calculated bars for one fractal and to switch on/off the re-rating. The indicator can be effectively used in trend trading strategies and when "refilling" positions.
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