Author: igorad
The Fractal Channel indicator is a unique tool designed for MetaTrader 5 that helps traders visualize market trends using fractals.
This approach to channel creation is quite intriguing. While it may seem straightforward, it proves to be invaluable for analyzing flat market conditions. Whether you’ve been away from the charts for a while or just need a quick way to gauge recent market movements, this indicator has got you covered.
Originally developed for MQL4, this handy tool was first published on CodeBase at mql4.com back on November 1, 2007.
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