Fractal blaster trading strategy

fractal blaster trading strategy

more details, more chart images, and many other examples of this strategy in action! How to use fractals in Forex. What happened after was that there were five or more candles that appeared that did not drift down to the alligator teeth, the alligator lines did not cross, and the price action finally broke above the fractal best work from home jobs europe candle thus triggering a trade. The less timeframe, the more false fractals and breakdowns will appear. Step # 3 Price Action Need to Break Below Fractal Candle That was Distinguished in Step #1 Step #4 Exit the trade when two of the alligator lines cross over each other. Step #2 The price action must stay above the Alligator Teeth for at least 5 consecutive candles (Buy Trade) This is where all the magic happens. Stop losses are on an opposite extreme from 2 last fractals: purchase is below the lowest, sale is slightly higher than the highest. So when you see a fractal here is what may have happened for it to appear: There were a series of at least five successive bars, with the highest high in the middle and then the two lower highs are on both sides.

This Trading strategy shows you the best fractal trading.
This Fractal Trading Strategy will answer all your questions about fractals, and show you step by step how to use these to hit consistent winning trades.
Euraud 1H fractal blaster trading strategy.
Fractal Low Breakout level posted on chart Waiting for a Bearish breakout of fractal low level Bearish bias because Price failed to break above 50 sma Price failed to close above 20 sma Sell Stop @.5845 1st Take Profit @.5805 2nd.

Either one is ok to do because the same criteria is needed. The Fractal Trading Strategy uses the combination of price action analysis that complements these great indicators. The main thing is that one of the central bars has to show an obvious extreme. This Fractal Trading Strategy will answer all your questions about fractals, and show you step by step how to use these to hit consistent winning trades. Here is what it will look like: As you can see, I marked where our original fractal was discovered.

When carrying out the fractal analysis we pay attention to the standard factors: The longer the period of formation of fractal structure, the more reliable the trading signal given. Bill Williams Alligator: How does Bill william alligator indicator work? A firm breakthrough candle but with the small volume appears to be an unstable signal. But before we start trading using fractals profitably, I want to give you some background information on Bill Williams himself to help you understand the significance if these special so read about. Do you know how to trade with the best Fractal Trading Strategy? . The fractals have whats called a high and a low value. Current price movement 1 point higher the level of the fractal up is the breakthrough of the sellers, while if it is 1 point below the fractal down, it is a breakthrough of the buyers.

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