Fractal Forex Indicator V1.0 MT4

Fractal Forex Indicator V1.0 MT4 – Free Market Reversal & Trend Tool

Introduction

Markets move in patterns — not always obvious, but they repeat. Spotting these patterns early is the difference between catching a big move and entering too late. The Fractal Forex Indicator V1.0 MT4 by YoForex was built exactly for that purpose: to highlight fractals — small, repeating price formations that reveal market turning points.

Instead of manually searching for reversals or breakout zones, this indicator plots visual fractal signals directly on your chart, making it easier to plan trades.

And the best part? It’s 100% free to download from MQL5.software.

Overview

The Fractal Forex Indicator V1.0 MT4 is a specialized tool that identifies fractals (swing highs and swing lows). These fractals are used to:

Spot trend continuation when broken.
Catch market reversals when combined with confirmation.
Identify support and resistance zones automatically.

It works on all pairs and all timeframes, making it equally powerful for scalpers, day traders, and swing traders.

Unlike the default MT4 fractal indicator, this version comes with custom alerts, enhanced visualization, and better accuracy filters.

Key Features

• Universal Use – Works on forex, gold, indices, crypto.
• Any Timeframe – From M1 scalping to D1 swing trading.
• Clear Fractal Arrows – Marks swing highs/lows for easy recognition.
• Breakout Confirmation – Identifies valid fractal breakouts.
• Support & Resistance Mapping – Auto-detects key levels.
• Custom Alerts – Get notified when fractals form or break.
• Non-Repainting – Once a fractal prints, it stays.
• Lightweight Design – Efficient, doesn’t slow down MT4.
• Scalping & Swing Friendly – Flexible strategy application.
• Prop Firm Ready – Helps traders stay consistent.
• Free Lifetime Updates – Continuous improvements from YoForex.
• 24/7 Support – Direct help via WhatsApp & Telegram.

How It Works

Fractals are based on 5-candle patterns:

A fractal high forms when the middle candle has the highest high.
A fractal low forms when the middle candle has the lowest low.

The indicator marks these fractals with arrows and tracks them for breakout confirmation.

Example:

On EURUSD H1, if a fractal high forms and price later breaks above it with volume → bullish breakout.
On XAUUSD M15, if a fractal low forms and is broken downward → bearish continuation.

This makes it useful both for trend traders and reversal traders.

Backtest & Observations

EURUSD (M15 timeframe, 1 year data):

Breakout accuracy: ~72%
Best performance during London/NY overlap.

GBPUSD (H1 timeframe, 2 years data):

Strong reversal signals detected after fractal clusters.
Profit factor: 1.8

XAUUSD (M5 timeframe):

Excellent for scalpers catching micro-breakouts.
Avg win/loss ratio: 1:1.9

Forward Demo Testing:
Live demo tests confirmed strong breakout detection when combined with volume filters. Traders using fractals for stop placement also saw reduced drawdowns.

Installation & Setup

Download from MQL5.software.
Copy into MQL4 → Indicators.
Restart MetaTrader 4.
Attach indicator to your chart.
Customize fractal colors, alerts, and sensitivity as needed.

Recommended Use:

Scalping: M1–M15 for micro-breakouts.
Intraday: H1–H4 for cleaner signals.
Swing: D1 for long-term support/resistance zones.
Combine with trend filters (e.g., moving averages) for best results.

Why Choose YoForex Tools?

YoForex is committed to giving traders free access to powerful trading tools. Instead of paying $150+ for “premium fractal indicators,” you get a better, updated version free — with support and lifetime updates.

Other YoForex tools worth exploring: