MTF Fractals [RunRox]

🔽 MTF Fractals is a powerful indicator designed to visualize fractals from multiple timeframes directly on your chart, highlight liquidity sweeps at these fractal levels, and provide several additional features we’ll cover in detail below.

We created this indicator because we couldn’t find a suitable tool that met our specific needs on TradingView. Therefore, we decided to develop a valuable indicator for the entire TradingView community, combining simplicity and versatility.

⁉️ WHAT IS A FRACTALS?

In trading, a fractal is a technical analysis pattern composed of five consecutive candles, typically highlighting local market turning points. Specifically, a fractal high is formed when a candle’s high is higher than the highs of the two candles on either side, whereas a fractal low occurs when a candle’s low is lower than the lows of the two adjacent candles on both sides.

Traders use fractals as reference points for identifying significant support and resistance levels, potential reversal areas, and liquidity zones within price action analysis. Below is a screenshot illustrating clearly formed fractals on the chart.


📙 FRACTAL FORMATION

Here’s how fractals form depending on your chosen setting (3, 5, 7, or 9):

▶️ 3-bar fractal – forms when the central candle is higher (for highs) or lower (for lows) than one candle on each side.
▶️ 5-bar fractal – forms when the central candle is higher or lower than two candles on both sides.
▶️ 7-bar fractal – forms when the central candle is higher or lower compared to the three candles on each side.
▶️ 9-bar fractal – forms similarly but requires four candles on each side, making the fractal significantly more reliable and robust.

A higher number of bars ensures stronger fractal levels, highlighting more significant potential reversal points on the chart.

Now that we’ve covered the theory behind fractal formation, let’s explore the indicator’s functionality in more detail.

Below, I’ll explain each feature clearly and illustrate how you can effectively utilize this indicator in your trading.

🕐 MULTI-TIMEFRAME FRACTALS

We realized that displaying fractals only from the current timeframe isn’t always convenient, so we’ve introduced Multi-Timeframe Fractals into this indicator.

Now you can easily display fractals from higher timeframes directly on your current chart, providing you with broader market context and clearer trading signals.

Fractals from Current Timeframe – Fractals identified directly on the chart’s current timeframe.


Fractals from Higher Timeframes – Fractals sourced from higher timeframes and displayed clearly on your current chart for enhanced market perspective.


📈 FRACTAL LINES

Since fractals represent areas of high liquidity, we’ve added an option to extend fractal levels horizontally as Fractal Lines across your chart.

This feature allows you to clearly visualize critical liquidity areas from higher timeframes, directly on your current timeframe chart, as demonstrated in the screenshot below.


With this approach, you can clearly visualize significant fractal levels from higher timeframes directly on your current chart - for example, projecting fractals from the 1-hour (1H) timeframe onto a 3-minute (3m) chart. ✅ This helps you easily identify critical liquidity areas and potential reversal zones without the need to switch between multiple timeframes.

💰 LIQUDITY SWEEP (LIQUDITY GRAB)

To enhance your trading experience, we’ve introduced a feature that clearly identifies liquidity sweeps of fractal levels.

A Liquidity Sweep occurs when a candle closes beyond a fractal line, leaving a wick that pierces through it, signaling that liquidity has been collected at this level.

Below, you’ll find two examples illustrating this functionality:
▶️ Fractal lines from the current timeframe
▶️ Fractal lines projected from higher timeframes

The first example illustrates liquidity being swept from fractals on the current timeframe.

Here, the candle clearly closes beyond the fractal line, leaving a wick through it. This indicates a liquidity sweep at the fractal level, visually highlighting a potential reversal or continuation opportunity directly on your chart.


In the second example, fractals from the higher timeframe are projected onto your current chart.

When a candle on your current timeframe closes beyond an HTF fractal line - leaving a wick through this level - the indicator highlights it clearly. This signals to traders a potential reversal zone, indicating that liquidity has been swept, and price may reverse or significantly react from this area.


You can also enable the display of additional labels on the chart. These labels clearly mark liquidity sweeps at fractal levels, making it easier to visually identify potential reversal points directly on your chart.


⚙️ SETTINGS

Below are the indicator settings with detailed explanations for each parameter.

🔷 Bars in Fractal – Number of candles to the right and left required to form a fractal.
🔷 Fractal Timeframe – Select the timeframe from which you want to display fractals on the current chart.
🔷 Max Age, bars – Number of bars during which the fractal will remain active.
🔷 Show Fractal Line – Display or hide fractal lines.
🔷 Line Style – Choose the style of the line displayed on the chart.
🔷 Line Width – Thickness of the fractal line.
🔷 High Fractal – Style and color of bearish fractals.
🔷 Low Fractal – Style and color of bullish fractals.
🔷 Fractal Label Size – Select the size of fractal labels.
🔷 Show Sweep Labels – Option to display labels when a liquidity sweep occurs.
🔷 Label Color – Color and transparency of the area marked on the chart during a sweep.
🔷 Shade Sweep Area – Show or hide the sweep area shading.
🔷 Area Color – Color and transparency settings for the sweep area.

🔶 We’d love to hear your feedback and any suggestions for additional features you’d like to see in this indicator. We’ll be happy to consider your ideas and continue improving the indicator!