Timing Direction Strength

Non-deleting Fractal to Fractal Trendlines mq4 3 replies
3 Bar Fractal with mid-bar and bar on each side 11 replies
Fractal alerts based on when fractal is confirmed 0 replies
Fractal based trendline indicator, horizontal fractal S/R indicator 6 replies
Pin bar, pin bar, pin bar 0 replies
Disliked{quote} Do you mean such lines? Here is a new version "sm3BarFractalBreak v2.0" with extended lines and with the option to draw the fractals arrows. {image} {file}Ignored
DislikedGreen bull candle may have broke candle 3 but it didn't close which is a prerequisite before moving onto the next stage of the trade. From my perspective the candle I marked as '4' was the first one to close beneath candle 3 of that particular fractal I was watching. Is candle 4 too far from candle 3? Maybe, maybe not, it's not something I have tested.Ignored
Disliked{quote} Dazjw2311's post 61 refers to entry conditions in post 51. Only needed to break not close. Buy yeah needs to close once going down to the entry timeframe. Also correct me if Im wrong but he said 4 must happen straight after 3 , to be valid to go down to your lower entry timeframe for trigger?Ignored
DislikedI'm struggling a bit with optimising TP and SL. If I use the extreme of the trigger bar that closes beyond the entry, often will get taken out before a much bigger move. If I use the most recent fractal, the SL is sometimes too large in terms of R:R. Using daily ATR may be a good target. Any tips appreciated!Ignored
Dislikedtheres no right or wrong guys, its just my rules, if you find a slight tweak works for you, use itIgnored
Dislikeddazjw2311 & everyone, Although I'm a no indicator type of trader when it comes to the traditional/standard MT4 indicators I have applied a Bollinger Band indicator set @ 24, Div 2, Median Price H/L on the 15M time frame & look for the following. #1. Look for the setups when the bands become constricted. #2. Look for the setups when PRICE goes/or start to go OUTSIDE of the bands either HIGH or LOW. This is just what I have observed across many pairs on the 15M. I enter off of the 5M time frame. This is a very simplistic method if you pay attention...Ignored