Fractal Levels On Closes: Forex MT4 Indicator

🔷 Fractal Levels On Closes Indicator

🧠 Smart Price Structure Mapping Based on Closes – Not Wicks!

🚀 Transform your chart with this advanced fractal indicator that ditches noisy highs/lows and focuses on candle body closes to give you a cleaner, more reliable structure. It's ideal for traders who want clarity, confirmation, and real-time market insights! 📉📈

🌟 Why This Tool Is a Game-Changer?

🔹 💡 Fractals Based on Closes (Not Wicks!)
Most fractal tools rely on candle highs and lows. This one uses body closes 🕯️ for more meaningful swing zones, reducing false signals and clutter.

🔹 🔱 Three Levels of Fractal Strength

🥉 Level 1 – Basic swing points

🥈 Level 2 – Repeating, confirmed fractals

🥇 Level 3 – Major structural pivots for big reversals

🎛️ Each level can be enabled/disabled, styled, and colored to fit your trading strategy!

🔹 📏 Automatic Horizontal Zones
Draws and extends support & resistance lines from fractal points with smart filtering.
✨ Display only active lines, or all – you choose.

🔹 📐 Trendline Projections
Automatically draws dynamic trendlines from recent Level 2 fractals.
Perfect for breakout traders, channel setups, and momentum scalpers.

⚙️ Features at a Glance

✅ Custom arrow styles: circles, arrows, triangles, or none
✅ Fractal zones: Upper & lower zone coloring, with price-body sensitivity
✅ Smart filtering: Show only Level 2+3 lines, or full spectrum
✅ Trendlines: Adjustable width, color, and style 🧩
✅ Auto-cleanup: Deletes outdated objects for clean visuals
✅ Fast & lightweight: Efficient calculation over 500+ bars

🎯 Ideal For

🟩 Swing traders spotting reversal zones
🟥 Structure traders who hate noise
📊 Breakout traders who need clean bias zones
🧘 Anyone who values non-repainting, candle-body confirmation

🔧 How It Works

Scans your chart for price action patterns

Identifies fractals based on closed candle bodies

Categorizes them into Level 1, 2, and 3

Plots clean arrows and trendlines based on your settings

(Optional) Draws horizontal lines from each level for market structure clarity

🎨 Fully Customizable Interface
You get complete control over:

🎯 Arrow size, type, and color

🎯 Trendline style and behavior

🎯 Zone levels and their visibility

🎯 Comment display, object lifespan, and bar limits

🛠️ Final Word

This isn’t just another fractal indicator — it’s a visual structure assistant that brings simplicity to your price action trading. 💼🔍
Get more confidence in your setups and spot turning points like a pro!

💎 “Structure is the roadmap. This indicator is the compass.”