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2 Indicators [MTF Fractal & Tweezer]
- 1H time frame with display a 4H support & resistance fractal period.
- Each dot = a fractal period. The 1H chart can display 1-4 dots = the 4H candle.
- Tweezer indicator has its own setting
Trading scenario
Sell /Short
- At least 1 Resistance Fractal dot printed. Note- that max is 4 dots
- Tweezer Candle is printed in the Fractal set
- The Tweezer high(price) must be in the designated fractal price range
- Provide pip range setting. Tweezer high must be 10 pips within fractal price range
- When the conditions are met, the Tweezer candle sets the entry price
- Provide % Candle Entry setting. Trigger sell at 50% of Tweezer candle
- Provide 3 option setting for TP & SL (Manual SL/TP & ATR SL/TP) same as the last EA. 3rd option is Fractal – when 1 Support Fractal dot is printed then close trade for TP. SL = when price is 20 pips Above the Fractal price value.
- Provide pip range setting for SL Fractal range.
Buy /Long
- At least 1 Support Fractal dot printed. Note- that max is 4 dots
- Tweezer Candle is printed in the Fractal set
- The Tweezer Low (price) must be in the designated fractal price range
- Provide pip range setting. Tweezer high must be 10 pips within fractal price range
- When the conditions are met, the Tweezer candle sets the entry price
- Provide % Candle Entry setting. Trigger sell at 50% of Tweezer candle
- Provide 3 option setting for TP &SL (Manual SL/TP & ATR SL/TP) same as the last EA. 3rd option is Fractal – when 1 Resistance Fractal dot is printed then close trade for TP. SL = when price is 20 pips Below the Fractal price value close trade
- Provide pip range setting for SL Fractal range.
Additional Options: (printed Tweezer before and after printed MTF Fractal)
Pre-Tweezer & Pos Tweezer Fractal (There are times when a printed Tweezer is 1 candle out of the printed Fractal Range)
- Pre-Fractal Tweezer (True / False) when True, if a Tweezer Candle is printed as the 1st candle BEFORE the start of the Fractal period range is printed then run EA rules
- Pos-Fractal Tweezer (True/ False) when True, if a Tweezer Candle is printed as the 1st candle AFTER the end of the Fractal period range is printed then run the EA rules
Push Notifications:
1 for Signal
1 for Trade
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