The WLX Fractals Indicator is a popular and free Forex indicator for MetaTrader 4 (MT4) trading platforms. It works by plotting fractal points on the chart, which are used to indicate the current trend. When the fractal points are below the price, it indicates a bearish trend, while when the points are above the price, it indicates a bullish trend. The indicator is also useful for identifying entry and exit points, as well as for setting stop-loss and take-profit levels. The WLX Fractals Indicator is a great tool for Forex traders of all levels and can be a valuable addition to any trading strategy.