Channel of Fractals mx: Precise MT4 fractal-based trend lines for clearer decisions

This 2026 review and performance analysis examines Channel of Fractals mx in both backtest samples and limited live-account snapshots to produce an objective performance picture. Channel of Fractals mx draws red resistance lines and blue support lines from recent fractal highs and lows, and the review measures typical win rates, average trade duration, and drawdown behavior across selected instruments. The indicator was evaluated on MT4 across major forex pairs and a selection of crypto pairs to reflect different volatility regimes. What makes Channel of Fractals mx unique is its focus on local fractal geometry rather than relying on moving averages or oscillators. Developed by DMITRII GRIDASOV, the algorithm locates recent fractal pivot points, fits trend segments through those points, and projects them forward to highlight probable support and resistance corridors. Users can change the number of fractals used and adjust visual parameters, which alters sensitivity and signal frequency. Because Channel of Fractals mx does not auto-execute trades, it integrates naturally into discretionary workflows where traders combine its lines with candle structure and volume confirmation on MT4 charts. The tool handles trending and moderately ranging markets most effectively; sudden, high-impact news events or thin liquidity during overnight hours can produce false extensions. Risk management is expected to be trader-driven: typical deployment pairs the indicator with stop placements beyond recent fractal extremes and conservative position sizing. Expected performance characteristics include lower signal frequency on H4 and D1, increased signals on M15–H1, and improved drawdown control when users apply strict money management and follow the graphical confirmation rules embedded in the indicator.