MTF Fractal and Tweezer Combination system EA

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