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Saturday, 28 January 2023


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True Fractals Bands MTF Indicator


Introduction to the True Fractals Bands MTF Indicator

The True Fractals Bands MTF Indicator implements a dynamic trading channel with additional fractals displayed.

This is a multi-timeframe forex indicator. For example, you can trade the M15 chart while using H4 TF for the indicator.

That indicator is displayed directly on the main trading chart.

It fits all kinds of timeframes and currency pairs.

The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to set up the True Fractals Bands MTF indicator in MT4?

Installation Guide

Download the True Fractals Bands MTF.rar archive at the bottom of this post, unpack it, then copy and paste the True Fractals Bands MTF.ex4 or True Fractals Bands MTF.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

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