OPEN-SOURCE SCRIPT
MTF FRACTAL BREAK ALERT
This indicator is based on one I use in MT4 for years called ROI alert. It alerts you if the price breaks a fractal level- default levels are set for H1, H4 and Daily.
You can see the fractal levels of the timeframes you choose on lower timeframes.
Use fractal levels as support and resistance- they are powerful- especially on higher TFs
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.