Ok here is one of my ideas that i had made as an EA .
The code is open for you to see and test it .
The Ea works like this :
method :
0 = SMA,
1 = EMA
2 = SMMA
3 = LWMA
apply to:
0 = PRICE CLOSE
1 = OPEN
2 = HIGH
3 = LOW
4 = Median (HL/2)
5 = Typical (HLC/3)
6 = Weighted (HLCC/4)
FOR BUY. We start our trade and look at the 2 most recent confirmed up fractals that have been formed in our diagram. If the last fractal is lower than the previous of it then we have our setup ready for the trade. When the Moving Average breaks the line that connects these fractals we go long . We close our trade if we have our target with the Take profit , or if an opposite trade opens, or if we hit our stoploss .
FOR SELL Vice versa
Please test it and tell your opinion . I have a few ideas to make better , but i want you to tell first.
The code is open for you to see and test it .
The Ea works like this :
method :
0 = SMA,
1 = EMA
2 = SMMA
3 = LWMA
apply to:
0 = PRICE CLOSE
1 = OPEN
2 = HIGH
3 = LOW
4 = Median (HL/2)
5 = Typical (HLC/3)
6 = Weighted (HLCC/4)
FOR BUY. We start our trade and look at the 2 most recent confirmed up fractals that have been formed in our diagram. If the last fractal is lower than the previous of it then we have our setup ready for the trade. When the Moving Average breaks the line that connects these fractals we go long . We close our trade if we have our target with the Take profit , or if an opposite trade opens, or if we hit our stoploss .
FOR SELL Vice versa
Please test it and tell your opinion . I have a few ideas to make better , but i want you to tell first.
Attached File(s)
Skliris_Fotios_Fractal_Break_EA.mq4
24 KB
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