Fractals indicator draws fractal lines: FractalSupport and FractalResistance. It could also show fractals on the chart calculated from another timeframe chart.
Parameters, used in the fractal indicator:
FractalTimeFrame = 0 - Time frame for calculation fractals, could be the next values: 1 minute. 5 minutes. 15 minutes. 30 minutes. 60 1 hour. 240 4 hour. 1440 Daily. 10080 Weekly. 43200 Monthly. 0 (zero) 0 Time frame used on the chart.
Fractals = 300 - Iteration number to find the fractals;
FractalColor = Red - Color for fractal lines;
FractalColorText = Blue - Color for text;
UseFractalText = False - Show or hide text comments below fractal lines;
FractalThick = 1 - Fractal lines thickness, could be 1, 2, 3, ..;
This version is only for metatrader 4. Source code not included.