Problem with BB is how do you mathematically define "close"? I'm looking at GBPUSD on 5m and getting a good backtest, so want to test this out going forwards with alerts, but I'm getting one every 5 minutes with just the placeholders, regardless of whether a long has been triggered or not. This long only strategy determines the price of the last Right now there is narrow BB on the 15 min U/CAD. Fractal Breakout needs alarm 6 replies. Fractal breakout intraday Strategy EUR/USD 1H – Forums › ProRealTime English forum › ProOrder support › Fractal breakout intraday Strategy EUR/USD 1H – This topic has 358 replies, 41 voices, and was last updated 2 months ago by pankuolung .

This is a fractal breakout forex trading strategy with MACD indicator and here’s how it works:. The Fractal Breakout Forex Indicator runs inside the MetaTrader 4 trading platform.

Right now there is narrow BB on the 15 min U/CAD.

Just about to give her a whirl but my chart fractal lines don't appear to be the same as in your chart. This automated trading strategy is about the breakout of Bill Williams fractals levels. Fractal Breakout Forex Support and Resistance Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

Awesome strategy. trublu are you not using the horizontal lines? The essence of this forex strategy is to transform the accumulated history data and trading signals. Some thoughts I've had are:

the fractal indicator identifies tops and bottoms of market which are essentially the resistance and support levels respectively and therefore this strategy is a breakout strategy of these support and resistance levels indicated by the fractal indicator. Results have been pretty good so I thought I'd start a thread about the method and see if anyone is interested in it. Non-deleting Fractal to Fractal Trendlines mq4 2 replies.

If anyone has any questions or suggestions or anything please feel free to ask and if I do any trading tonight I"ll post some recent examples. This long only strategy determines the price of the last fractal top and enters a trade when the price breaks above the last fractal top.

U/CAD not much movement now but keep an eye on possible breakout.

I've been demo and live trading breakouts of the fractal channel for about the past month.

The question you asked is a good question. If anyone has any questions or suggestions or anything please feel free to ask and if I do any trading tonight I"ll post some recent examples. I might not trade though because I have a cold.That's all my informational posts for now. My suggestion for using any form of fractal breakout is to determine the previous range, and see if there is long enough consolidation to try and determine if the previous period was a ranging period.

I would find it very difficult to trade from the 5 min except for scalping. It works well with EUR/USD pair on 1 hour time frame.

My goal here is to get some people who enjoy this type of trading and we can tweak some things to make it a profitable system. Thanks! Have you tried different time frames. Fractal Breakout EA, How To?

The strategy exits the long trade, when the average of the fractal tops is falling (when the trend is lower highs as measured by fractals). Problem with trading simply the breakout is you expect the price movement to be fast. I am obviously a great fan of the breakout. Problem with trading simply the breakout is you expect the price movement to be fast. After MT4 is installed simply attach the indicator to any forex chart and start trading. Quick question, does the fractal candle show blue right after it closes, or do a couple of bars have to pass before the fractal candle turns blue?

Have you tried different time frames. Just about to give her a whirl but my chart fractal lines don't appear to be the same as in your chart. Thank you. I just have a horizontal blue and red elongated line line instead of an enclosing fractal box type line above and below price. Most indicators have a lag of around 3-9 bars (moving averages have much more lag), meaning on a monthly chart that you are able to measure the trend direction 3-9 months later after the trend has already changed and if the same indicator with the same setting is used on a 1 hour chart that would mean you see the trend 3-9 hours later after it has happened. Am I doing something wrong with the alert settings or is it to do with the script, as I don't see any alert code? Fractals are very tight.

Fractal Trading Strategy Steps: The Fractal Trading Techniques Step #1: Apply Both Fractals and Bill Williams Alligator Indicator on Your Chart The First step you are going to want to do is, of course, throw these important indicators on your charts. The strategy also calculates the average price of the last fractal tops to get the trend direction. U/CAD not much movement now but keep an eye on possible breakout. I would find it very difficult to trade from the 5 min except for scalping. I just have a horizontal blue and red elongated line line instead of an enclosing fractal box type line above and below price. Problem with BB is how do you mathematically define "close"? That's all my informational posts for now. Several forex brokers offer free MetaTrader 4 demo trading accounts that have everything you'll need. interesting have you consider testing with lower capital in every trade like $100 Put some Bolls in there and see if narrowing of the bands helps indicate the more profitable breakouts. Fractal based trendline indicator, horizontal fractal S/R indicator 6 replies.



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