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NinjaTrader 8

NinjaTrader Fractal Breakout Indicator

NinjaTrader Fractal Breakout Indicator is an analytical tool designed for the technical study of recurring price fluctuations — fractals. The indicator marks the peaks of all found fractals on the chart, as well as breakout points at the price levels of these fractals. Depending on the settings, the chart can display all breakout points or only those that correspond to the trend determined by the moving average.

fractal breakout strategy indicator NinjaTrader Fractal Breakout Ninjatrader 8 Fractal Breakout Indicator NinjaTrader 8 alerts
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Overview

What the Fractal Breakout Indicator Does

NinjaTrader Fractal Breakout Indicator uses fractals to analyze price fluctuations. Fractals display not only local highs and lows on the chart, but also allow you to determine important support and resistance levels, which helps provide additional context for price analysis.

A fractal is a cluster of several bars, where surrounding bars form a structure around a central high or low point, which represents the top or bottom of the fractal. Thus, there are upper fractals and lower fractals.

Upper fractals (peaks) are marked by triangles directed upward and located at the level of the maximum price of the bar. Lower fractals (troughs) are marked by triangles pointing down and located at the level of the minimum price of the bar. Fractals indicate the minimums and maximums reached by the market over a certain period, visually highlighting them with directional indicators (triangles).

Fractal structures are commonly used in technical analysis to identify local price extremes. These levels often act as reference zones where liquidity may concentrate, making them relevant for breakout analysis.

After detecting the next fractal, the indicator monitors its level. If the price breaks the level of the last upper fractal from the bottom up, this place is marked on the chart as an upward breakout — indicated by a green visual marker (arrow) pointing upward and located below the bar on which the breakout was detected. The price crossing the level of the last lower fractal from top to bottom, that is, a downward breakout, is indicated by a red visual marker (arrow) pointing down and located above the bar.

To clearly associate each breakout with its corresponding fractal level, the indicator draws a horizontal line from the point of the breakout to the top of the corresponding fractal. The levels of upper fractals (pierced from bottom to top) are green, the levels of lower fractals (pierced from top to bottom) are colored red.

If you enable filtering by the moving average in the indicator settings, this average will be displayed on the chart. In this case, the chart will display breakouts only in the direction based on price position relative to the moving average — that is, the position of the price relative to the average. Upward breakouts are only shown on the chart if they occur above the average, and downward breakouts are only displayed if they occur below the average.

To ensure important breakout events are not overlooked, the indicator provides settings for various types of alerts.

Limitations of Fractal-Based Analysis

Fractal-based analysis reflects historical price structure and does not predict future price movement. Breakout conditions identified by the indicator should be interpreted within a broader market context, including trend structure, volatility, and surrounding price levels.

How to Use

How to Interpret and Use the Fractal Breakout Indicator

The most common market theory explains price changes as the interaction of two opposing forces: buyers and sellers. Buyers, providing demand, contribute to higher prices. Sellers, on the contrary, by making offers, help reduce prices. Due to the inertia of market processes, these forces cannot reach equilibrium, as a result of which the price makes oscillatory movements. If the influence of one of the forces significantly exceeds the influence of the other, the second force retreats, and the price makes a strong movement (breakout) with a transition to another price level. Further fluctuations are made within the limits of new price levels, until another breakout occurs and the price makes another significant change.

Fractals highlight structural levels that, when breached, may reflect a shift in local market momentum. Thus, a price breakout of the upper fractal level marks a potential upward breakout condition. Conversely, a price breakout of the lower fractal level marks a potential downward breakout condition.

When a breakout is detected, the indicator provides three types of notifications: a text message window, an audio alert, or an email. Moreover, notification can be made both on formed and on emerging bars.

Bar Signal

Formed bars

When working on formed bars, the trader is notified of a level breakout only after the bar closes, which is a more conservative way to identify a breakout condition.

Bar Signal

Emerging bars

Tracking breakouts on emerging bars allows you to identify a breakout condition in real-time, providing immediate visual feedback on current market dynamics.

Settings

Indicator Settings & Parameters

Full parameter reference, grouped by configuration area.

ParameterDescription
Fractal Detection
FractalSetting fractal parameters.
Bar signalDisplays the visual marker on a formed bar or the current one.
Trend Filter
Use Trend MA FilterOn/off using a moving average as a confirmation filter.
Moving AverageSettings for moving average parameters — used as a confirmation filter.
Alerts
AlertsSetting up various types of alerts.
Strategy & Automation

Plot Outputs for Strategy Builder & Automation

The indicator provides a set of exposed analytical plot outputs designed for structured integration with third-party strategy builders and automation tools such as BloodHound and BlackBird (SharkIndicators), as well as other algorithmic trading environments.

Valuenumeric plot value > 0condition active when the value is above zero

Breakout Direction

  • Long> 0
  • Short> 0

Fractal Levels

  • UpFractalValue
  • DownFractalValue
  • LongFractalValue
  • ShortFractalValue

Trend Filter

  • MAValue

Plot output names are technical identifiers intended solely for software integration purposes and do not constitute trading advice, signals, or recommendations.

Requirements & Installation

System Requirements & Installation

What you need to run the indicator, how to download and install it in NinjaTrader 8, and how the license works.

System Requirements

Platform
NinjaTrader 8 (Desktop)
Operating system
Windows 10 or Windows 11
Instruments
Futures, forex, stocks and ETFs supported by NinjaTrader
Data
NinjaTrader’s native data connections

Not available on NinjaTrader Web or Mobile. NinjaScript indicators run in NinjaTrader Desktop only.

License Terms

Lifetime License
This indicator only, 1 PC, one-time payment, free updates included.
All-Access Subscription
All indicators and trade copiers, billed monthly, cancel anytime, updates included while the subscription is active.
Free trial
5 days on the subscription plan. If not cancelled, the subscription starts automatically.
License binding
Linked to your email and to the computer on which it was first activated.
Moving to another computer
Available on request through support.

Installation

  1. Get access

    Start the free trial, subscribe, or buy a lifetime license on this page.

  2. Download

    The indicator is not sent by email. Open (top right of this page) and enter the email you used for your trial, subscription or purchase. The installation file (.zip) downloads to your computer.

  3. Import into NinjaTrader 8

    In the Control Center, go to Tools → Import → NinjaScript Add-On and select the downloaded .zip file. Do not unzip it.

  4. Add to a chart

    Open a chart, click Indicators, select the indicator from the list and apply it.

  5. Activate the license

    In the indicator settings, enter the same email. On first activation, the license is linked to that email and to your computer.

Updating: When a new version is released, download it again through and import it the same way over the existing version.

Installation questions? Contact support, Monday to Friday.

Developed by Nordman Algorithms

Developed, tested, documented, and maintained by our algorithmic trading software development team.

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Custom Programming

Need a different setup?

We can customize this indicator to your workflow, or convert it into a fully automated trading strategy with risk management and trailing-stop logic. Fixed-price quote before development begins.

Custom Logic Strategy Automation Risk & Trailing-Stop Logic Alert & Automation Outputs