Probably many have come across such a concept as "Fractal". Experienced luminaries, of course, look for them with their “trained” eye or simply use the standard fractal indicator, which comes in all trading terminals by default.
There are also many different upgrades, one of which we will analyze here.
This indicator is more correct in that it displays the very peaks of the prices of the current TF, and it even does this with some observance of the principles of wave chart marking.
Here are some examples of such a fractal indicator on charts with different time periods:
Here is the chart on H1:
Here on H4:
You can download the upgraded fractal indicator for free using the link below! Don't forget to share this page on social media. networks are welcome!