Fractals with Alert for MT4 and MT5

Fractals Alert indicator is a free MT4/MT5 indicator that you can download here and use in your MetaTrader to receive notifications via email, mobile app, and in the platform when a fractal arrow appears on the chart.

What Is Fractals Indicator?

Bill Williams created several technical indicators that together could be used as a basis for a trading strategy. One of these indicators is Fractals.

Bill Williams created this indicator to highlight a point peaks and troughs on the chart.

A lower fractal appears below a candle with the low price below the low price of the two preceding and two consecutive candles.

An upper fractal appears above a candle with the high price above the high price of the two preceding and two consecutive candles.

Example of Fractal Indicator Arrows

Fractals Alert Indicator

MetaTrader platform includes Bill Williams' Fractals among its indicators, but it comes without any notification capabilities.

In many cases, it is useful to get a notification when a fractal appears on the chart. This situation means there could be a trend reversal trading opportunity.

You can download our Fractals Alert Indicator for MetaTrader to fix the issue of missing alerts.

This indicator allows you to receive alerts when a fractal appears on the chart. You can receive notifications via:

  • Email
  • Mobile app
  • On screen

Some Alert Examples with Fractals Alert Indicator

Another interesting feature of the Fractals Alert indicator is that it can draw buy and sell signals as customizable red and green arrows in place of the traditional MetaTrader Fractals arrows.

Custom Arrows by Fractals Alert Indicator

Fractals Alert Indicator Source Code

If you are interested in alert indicators, you can use the source code of the present Fractals Alert Indicator for your further development. Additionally, you can inspect the code of our Alert Indicator Template, which was used as a foundation for this indicator.

How to Download and Use MT4 Fractals Alert Indicator?

You can download the indicator for free using the link below and install it by following the provided instructions.

The installation is very easy to perform. The same is true for using this tool.

Once you run the indicator you can set the parameters. You can choose how exactly you wish to receive notifications.

➥ Download MQLTA MT4 Fractals With Alert

MT4 Fractals Alert Installation

To install Fractals Alert Indicator, please follow the instructions below:

  1. Download the indicator archive file.
  2. Open the MetaTrader 4 data folder (via File→Open Data Folder).
  3. Open the MQL4 Folder.
  4. Copy all the folders from the archive directly to the MQL4 folder.
  5. Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

For more detailed instructions on how to perform the installation please visit this article.

MT5 Fractals Alert Indicator

What Is MT5 Fractals Alert Indicator?

Fractals Alert Indicator for MetaTrader 5 is a plugin that allows you to set up alerts for fractal arrows appearing on your MT5 chart. It has exactly the same features as the version of the indicator for MT4.

How to Download and Use MT5 Fractals Alert Indicator?

You can download the indicator for free using the link below and install it by following the provided instructions.

➥ Download MQLTA MT5 Fractals With Alert

MT5 Fractals Alert Installation

To install the MT5 Fractals Alert Indicator please follow the instructions below:

  1. Download the indicator archive file.
  2. Open the MetaTrader 5 data folder (via File→Open Data Folder).
  3. Open the MQL5 Folder.
  4. Copy all the folders from the archive directly to the MQL5 folder.
  5. Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

For detailed instructions on how to setup the alerts in MetaTrader please refer to our guide on notifications in MT4/MT5..

You can open a trading account with any of the MT4 Forex brokers to freely use the presented here indicator for MetaTrader 4. If you want to use an MT5 version of the indicator presented here, you would need to open an account with a broker that offers MetaTrader 5.

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