Fractal Support/Resistance with EMA 100, Buy/Sell Signals, and TP/SL
This indicator identifies fractal-based support and resistance levels while incorporating EMA 100 as a trend filter. It generates buy and sell signals based on price crossing EMA 20 high/low, ensuring alignment with the overall trend.
Key Features: Fractal Support & Resistance: Plots dashed lines at key levels. EMA 100 Filter: Helps identify the primary trend. Buy/Sell Signals: Based on price breaking EMA 20 with trend confirmation. Take Profit & Stop Loss Levels: Automatically calculates TP1 (1:1.5), TP2 (1:3), and TP3 (1:5) based on risk-reward ratios. Break Detection: Removes signals if price hits SL and marks "Break" on the chart. Ideal for traders looking to combine trend-following strategies with fractal-based support/resistance levels for better trade management.