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MT4-OsMA Fractal channel

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The indicator builds fractals on extrema of the OsMA indicator
Appears on the chart as a fractal or a fractal channel.
It has a flexible setting and, in contrast to the standard fractals, lags only by 1 bar.

Settings:

  • DeepBars - the indicator's depth of display;
  • Sensitivity_1_or_2 - 1 - for small periods of OsMA, 2 - for large periods;
  • Arrow_or_channel - display on the chart fractals or channel;
  • FastMA - period of the fast moving average;
  • SlowMA - period of slow moving average;
  • SignalSMA - period of the signal moving average;
  • Metod - method of calculation of FastMA and SlowMA;
  • Price - for calculation of the FastMA and SlowMA;

I wish you all a successful trading!