The BB with Fractal Deviation Indicator is a useful forex indicator that is popular among traders using the MT4 platform. This indicator is free to use and helps traders identify potential trend reversals in the market. The indicator combines two powerful tools – Bollinger Bands and Fractals – to provide traders with clear buy and sell signals. The Bollinger Bands help traders identify overbought and oversold conditions in the market, while the Fractals help identify potential reversal points. To use the BB with Fractal Deviation Indicator, traders simply need to look for buy or sell signals when the price breaks out of the Bollinger Bands or when a Fractal pattern occurs. This indicator can be used on any currency pair and timeframe, making it a versatile tool for forex traders of all skill levels.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Bb-With-Fractal-Deviation-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Bb-With-Fractal-Deviation-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Bb-With-Fractal-Deviation-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Bb-With-Fractal-Deviation-screenshot-3-230x144.png)
BB With Fractal Deviation
BB with Fractal Deviation Indicator is a popular and free forex indicator for MT4. It is a useful tool for traders to identify potential trend reversals by combining Bollinger Bands with fractal analysis. The indicator works by measuring deviations within the market trends, providing valuable insights for making informed trading decisions. Use it to enhance your forex trading strategy today.
Indicator Type | |
---|---|
Trading Style | , |
Platform | |
Timeframe |
0
People watching this product now!
Category: Envelope Indicators
Downloads - 1
Description
Reviews (0)
Be the first to review “BB With Fractal Deviation” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Raff Channel
The Raff Channel Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify and take advantage of trends in the market. The indicator works by plotting two parallel lines on a chart, one above the other. These lines represent the upper and lower boundaries of the current price trend. The Raff Channel Indicator is easy to set up and use, making it a popular choice for traders of all levels.
Keltner Channel
The Keltner Channel Indicator is a popular and useful Forex indicator that can be used to identify potential price breakouts. It is free to use on the MT4 trading platform and is designed to help traders identify overbought and oversold market conditions. The Keltner Channel Indicator works by plotting two bands around a moving average. The Keltner Channel Indicator is a great tool for traders to use to identify potential price breakouts and make informed trading decisions.
Bollinger Bands
The Bollinger Bands Indicator is a popular and useful Forex indicator for MT4 traders. It is a free indicator that helps traders to identify potential market entry and exit points. This indicator uses a combination of three moving averages to create upper and lower bands that can be used to identify price movements and trends. The bands are adjusted according to the market volatility and can be used to identify overbought and oversold conditions. The indicator is easy to use, and traders can customize the settings to suit their trading style. This indicator is a great tool for any trader looking to gain an edge in the Forex market.
Donchian Channel
The Donchian Channel Indicator is a popular forex indicator that is widely used by forex traders to determine trend direction as well as entry and exit points designed to be used in the forex market with the MT4 platform. This indicator is very popular among traders because of its simplicity and efficiency, it works by determining the high and low of the price for a certain period and plotting a channel based on these values. The Donchian Channel Indicator is a popular and effective forex indicator that gives clear market entry and exit signals, making it an essential tool in a successful forex trader's toolbox.
Reviews
There are no reviews yet.