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Fractals Alert
Fractals Alert indicator is a free MT4/MT5 indicator that you can download here and use in your MetaTrader to receive notifications via email, mobile app, and in the platform when a fractal arrow appears on the chart.
What Is Fractals Indicator?
Bill Williams created several technical indicators that together could be used as a basis for a trading strategy. One of these indicators is Fractals.
Bill Williams created this indicator to highlight a point peaks and troughs on the chart.
A lower fractal appears below a candle with the low price below the low price of the two preceding and two consecutive candles.
An upper fractal appears above a candle with the high price above the high price of the two preceding and two consecutive candles.

Fractals Alert Indicator
MetaTrader platform includes Bill Williams' Fractals among its indicators, but it comes without any notification capabilities.
In many cases, it is useful to get a notification when a fractal appears on the chart. This situation means there could be a trend reversal trading opportunity.
You can download our Fractals Alert Indicator for MetaTrader to fix the issue of missing alerts.
This indicator allows you to receive alerts when a fractal appears on the chart. You can receive notifications via:
- Mobile app
- On screen

Another interesting feature of the Fractals Alert indicator is that it can draw buy and sell signals as customizable red and green arrows in place of the traditional MetaTrader Fractals arrows.

MT4 Fractals Alert Installation
To install Fractals Alert Indicator, please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 4 data folder (via File→Open Data Folder).
- Open the MQL4 Folder.
- Copy all the folders from the archive directly to the MQL4 folder.
- Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.
MT5 Fractals Alert Installation
To install the MT5 Fractals Alert Indicator please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 5 data folder (via File→Open Data Folder).
- Open the MQL5 Folder.
- Copy all the folders from the archive directly to the MQL5 folder.
- Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.