fractalist scalpers and traders on 5 minute charts in the financial markets are often swamped by too many fractals; switching charts back and forth to do multi time frame analysis can be a headache too; so here's an indicator script coded by yours truly to make our lives easier.
how it works?
apply MTFWA on a 5 minute chart; sychronise it with your 1 hour chart; draw the standard horizontal line to mark fractals on your 1 hour chart...there you go; better fractals filtered to analyse your 5 minute chart; scalp your hearts out.