FractalZone Levels Pro

Overview

FractalZone Levels Pro automatically identifies support and resistance levels using fractal highs and lows, then enhances them with colored zones, touch markers, and break detection arrows. Instead of simple lines, you get a complete picture of how price interacts with each level.

The indicator answers the most important question: Is this level holding or breaking?

How It Works

The indicator uses the built-in Fractals algorithm to detect swing highs and swing lows:

• Resistance = the most recent fractal high (red line)
• Support = the most recent fractal low (blue line)

When a new fractal forms, the level updates. Between fractals, the level stays flat — creating a clear horizontal reference that tracks the current support/resistance.

Colored Zones

Instead of thin lines, the indicator draws colored zones around each level:

• Red zone around resistance — shows the area where selling pressure exists
• Blue zone around support — shows the area where buying pressure exists
• Zone width is calculated dynamically using ATR (Average True Range) — wider in volatile markets, tighter in calm markets
• Four zone styles: Off, Thin, Medium, Wide

This gives you a realistic view of S/R as areas, not exact prices.

Touch & Break Detection

The indicator automatically detects and marks two critical events:

Touches (yellow dots):

• Price approached the level but didn't break it
• More touches = stronger level
• Shown as small yellow markers near the level

Breaks (colored arrows):

• Green arrow up = price closed above resistance (bullish breakout)
• Red arrow down = price closed below support (bearish breakdown)
• Alerts available for breaks: popup, email, and push notifications

Draggable Statistics Panel

The professional dark-themed panel shows real-time data:

• Current Resistance and Support prices
• Zone width in pips (auto-calculated from ATR)
• Touch counts — how many times each level was tested
• Break counts — how many times levels were broken
• Timeframe display

Panel features:

• Drag anywhere on chart
• [_] minimize to title bar
• [+] restore full panel
• [?] open built-in help guide

Built-in Help Guide

Press [?] for an interactive guide explaining:

• How fractal-based S/R works
• What zones and markers mean
• Trading strategies
• Panel usage tips

Trading Strategies

1. Range Trading — Buy near support zone, sell near resistance zone. More touches on a level = higher probability of holding.

2. Breakout Trading — When a green/red arrow appears (break signal), wait for a retest of the broken level and enter in the breakout direction.

3. Zone Width Analysis — Wide zones (high ATR) mean uncertain S/R — use wider stops. Narrow zones (low ATR) mean precise levels — use tighter stops.

4. Touch Count Strategy — A level with 3+ touches that hasn't broken is very strong. Look for bounces with high confidence at these levels.

5. Break Frequency — If breaks are frequent (high break count), the market is trending. If touches are frequent (high touch count), the market is ranging.

Settings

How to Install

1. Download the .mq4 file (for MT4) or .mq5 file (for MT5)
2. Copy to MQL4/Indicators or MQL5/Indicators folder
3. Restart the terminal or refresh Navigator panel
4. Drag the indicator onto any chart
5. Adjust zone style and colors to your preference

Compatibility

• MetaTrader 4 — full support, all timeframes
• MetaTrader 5 — full support, all timeframes (M1-MN)
• Works on any instrument: Forex, Crypto, Metals, Indices, Stocks
• Uses built-in Fractals and ATR indicators (no external dependencies)
• Minimal CPU usage

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