This channel indicator is a unique and effective technical tool for constructing channels based on the time segments of straight lines.

The indicator supports implementation across multiple time segments, catering to various trading strategies. Experienced traders can take advantage of customizable parameters, including the ability to organize searches by segments. Additionally, the indicator allows for the customization of fractal searches and offers multiple options for displaying the channel, which is constructed according to fractals and represented with arrows.

The PRT FB Fractals Bands Indicator also includes the following features:

• Multi-Timeframe (MTF) mode

• History trimming capabilities

• HLDivider "divider" feature (indicating the number of bars on the right). A smaller "divider" facilitates the formation of a new fractal of the same color, while a larger "divider" accelerates the emergence of a new fractal of the opposite color.

• Display of the central line (median from the borders)

• A dedicated settings block for the borders, allowing for personalized adjustments. To enable custom border settings, set BandsLikeHL to false.

The drawing of borders can be managed through the ShowBands parameter, which allows users to choose whether to calculate borders, display all three, or show them separately.