Trend Filigre

Trend Filigre

Trend Filigree — Multi-Timeframe Fractal Analysis

Trend Filigree is a professional trading tool designed for traders who utilize fractal analysis within a Multi-Timeframe (MTF) strategy. The indicator automatically calculates and projects fractals from a higher timeframe (HTF) directly onto your current working chart.

This allows you to see high-order support and resistance levels without the need to constantly switch between terminal tabs.

Key Features:

• Dynamic TF Selection: The indicator automatically determines the higher timeframe based on your chosen offset (Variant).

• Market Noise Filtering: By focusing on significant higher-period fractals, you can effectively filter out minor price fluctuations.

• Precise Visuals: Arrows are displayed with an offset considering the current spread, making it easier to visualize entry points or Stop Loss placement.

• Optimized Performance: Built with modern MQL5 buffer handling for high execution speed and low CPU usage.

Input Parameters:

• Variant: The step for the higher timeframe (e.g., if you are on M15 and Variant = 2, the indicator displays H1 fractals).

• ShowFractalsUpperTF: Toggle the visibility of fractal arrows.

• nBarsHistory: Limits the history depth for calculations to ensure maximum performance.