AN EA BASED ON FRACTAL BREAK

MQL4 Experts

Termos de Referência


3 time frame will be looking, first two for trend and third one for entry

 

1)Initially we will look higher time frame , in which bollinger band touch and expand. We will mark as a box to identity in lower time frame

In first pic, in monthly  BB lower band touch ( there should be option to select time frame)

We will be focusing on sell.

 

2)in second time frame will be lower like h4 or d1, in which

 

1) osma and macd should be down

2)price should be below than bb lower band

 

 

 

 

3)in third time frame we will entry in below condition.

As we marked box in osma H4, we will look lower time frame below condition to enter

 

·       Macd should come above zero

·       Osma pattern should come

·       Then fractal break to enter

 

Stop loss

High when breaking fractal

 

Target

Complete macd cycle


Arquivos anexados:

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