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Fractal RSI Indicator with Higher-Timeframe Selection

Article MQL5 code base

Summary

This note describes a Fractal RSI indicator that lets the user select the timeframe used for its calculations through an input parameter. The example default is a four-hour period, showing that the indicator can be configured to use a chart interval selected independently through its settings.

The text provides a basic installation requirement for the compiled indicator file but does not explain how the Fractal RSI is calculated, what signals it produces, or how traders might interpret those signals. It also provides no examples, tests, or performance evidence. The description therefore establishes timeframe configurability, but not whether the indicator is useful or reliable as part of a trading strategy.

Key ideas

  • The indicator exposes a timeframe setting for its Fractal RSI calculation.
  • The stated example default is a four-hour interval.
  • The document provides no calculation details, signal rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.