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FracLine

4.5
The "FracLine" Expert Advisor uses trend lines based on fractals to open a position.

It works at closing prices, so optimization and testing can be performed at open prices.

The time frame and tool can be anything.

Definition of a fractal for this EA:

a fractal is a 9-candlestick pattern, where the central one is the maximum (in an upward movement) or minimum (in a downward movement) in this pattern.

A prerequisite is that to the left and right of the high (fractal candle) there must be at least 4 candles each with a closing price lower than the high (fractal candle)



To open a buy order:

  1. the correct position of fractals is determined: up-dn-up;

  2. nearest fractal - up;

  3. between the first and the second up fractal there are at least 10 candles. (can be changed in the settings.)

  3. building a trend line based on fractals. The first point is the second up fractal, the second point is the first up fractal.

       (Fractal numbers can be changed in the EA settings.)

  4. if the first candlestick closed above the trend line, and the previous candlestick closed below the line, then at the opening of the next candlestick we open a buy order.

To open a sell order, everything is mirrored.
Avis 5
Aleksandr Dumler
221
Aleksandr Dumler 2023.01.04 18:10 
 

Шедевр. Прогнал на AUD/CAD на М5 и ни одного ордера в минус. Просадка 2 процента. Счёт в Альпари. Ставлю на реальный счёт. Автору респэкт.

John Winsome Munar
3471
John Winsome Munar 2022.05.28 14:58 
 

Good ea, thanks.

Aldo Marco Ronchese
5752
Aldo Marco Ronchese 2022.01.26 22:46 
 

Doesn't trade all the time but most of the trades are good - you need equity to cover the drawdown as with most EA's. I enjoyed watching what i assume are trend lines forming and moving on the graph before it decides to trade.

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Filtrer:
Aleksandr Dumler
221
Aleksandr Dumler 2023.01.04 18:10 
 

Шедевр. Прогнал на AUD/CAD на М5 и ни одного ордера в минус. Просадка 2 процента. Счёт в Альпари. Ставлю на реальный счёт. Автору респэкт.

Cristian Mihail Pauna
12988
Cristian Mihail Pauna 2022.09.29 05:29 
 

Positive feedback! This EA can be definitely improved!

Dionisio Muteia
193
Dionisio Muteia 2022.06.24 08:01 
 

HI I'm tired of loosing money with other robots. please recommend to me something to make me win. fracline is good but I need something else to make a winning pair. please help S.O.S

aleksandr butkov
17098
Réponse du développeur aleksandr butkov 2022.06.24 08:06
John Winsome Munar
3471
John Winsome Munar 2022.05.28 14:58 
 

Good ea, thanks.

Aldo Marco Ronchese
5752
Aldo Marco Ronchese 2022.01.26 22:46 
 

Doesn't trade all the time but most of the trades are good - you need equity to cover the drawdown as with most EA's. I enjoyed watching what i assume are trend lines forming and moving on the graph before it decides to trade.

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Version 1.1 2022.02.16
Added limit for opening orders