3 Bar Fractal Break | Page 28 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: 3 Bar Fractal Break
Exit Attachments

3 Bar Fractal Break

  • #541
  • Mar 27, 2020 3:00pm Mar 27, 2020 3:00pm
Quoting driven18
Daren, can you add to below for disqualification of the signal - example we are analyzing 4 hr bars Disqualify, 1. When opposite 1 hr bar fractal appears 2. If PA went beyond our initial Fractal 4 hr without entry 3. ? 4. ? etc...
Ill do a proper sheet on this soon, but you only void it if the opposite 3 bar fractal forms on the set up time frame , not entry time frame
Ill make it more clear soo. im not an educator so im a bit slow on stuff like this but ill get there
  • #542
  • Mar 27, 2020 7:22pm Mar 27, 2020 7:22pm
Quoting dazjw2311
Can these members please PM me please. SWEEPI PETERHENDERS BABAKK ANDYS0506 JAKDAN would like a chat guys, got something that may interest you
I'm here as requested to pm you
  • #543
  • Mar 28, 2020 6:33am Mar 28, 2020 6:33am
Quoting laksior
Hello dazjw2311, there is one thing i don't get... what do you mean by saying that 4th candle must break 3rd candle? It means the candle 4 must close below/abowe 3rd candle lo/hi? Or candle 4 hi/lo must be greater than 3rd candle hi/lo? Which screenshot is correct? {image}{image}

Laksior,
Your chart showing the formation of this pattern is the best example described in clear terms for those who want to search out & trade these patterns.
No indicator needed, but in this case an indicator would be of much value in helping to locate these patterns.

Are you trading these patterns? If so what time frames are you using? For me its the 15M & 5M. I followed what Dazjw2311 suggested & went back in time on two pairs on the 4Hr & it is amazing how these patterns repeat week after week. What Dazjw2311 mentioned about the days of the week need to be considered is also of importance. To keep this method simple as it is @ this time nothing more is really needed...…@ least for me anyway. Having said that I still see the need for an indicator that will number these patterns, or at least number the 1 & the 4. Really surprise someone hasn't coded up one yet.

I addressed this post to you as your the one I feel has clearly shown on a chart what this pattern looks like. Others have too, but yours stands out to me.

Best trades to you in the future.
  • #544
  • Mar 28, 2020 7:14pm Mar 28, 2020 7:14pm
Great strategy very similar to how i trade(profitable). This honestly is the best post i've seen on this forum. Everyone thats on this forum should look at this thread. This strategy is very consistent and can provide great RR if you know where to put your SL. My advise to everyone would be to simply just learn the startegy with strictly PA, no indicators, and not to focus on EA's. An EA will never trade better than you. People should be extremely happy you blessed them with this.
  • #545
  • Mar 28, 2020 7:22pm Mar 28, 2020 7:22pm
Quoting Blaxst3r
Great strategy very similar to how i trade(profitable). This honestly is the best post i've seen on this forum. Everyone thats on this forum should look at this thread. This strategy is very consistent and can provide great RR if you know where to put your SL. My advise to everyone would be to simply just learn the startegy with strictly PA, no indicators, and not to focus on EA's. An EA will never trade better than you. People should be extremely happy you blessed them with this.
Right on. All points.
  • #546
  • Mar 28, 2020 7:43pm Mar 28, 2020 7:43pm
Is this correct from what i understand?

Attached Image (click to enlarge)
Click to Enlarge Name: 123.png Size: 42 KB
wise man say, only fools rush in
  • #547
  • Mar 28, 2020 8:45pm Mar 28, 2020 8:45pm
Quoting eastrader
Is this correct from what i understand? {image}

Eastrader,... For me, but get clearance from Dazjw2311 to be sure. Did you number those, or do you have an indicator?
  • #548
  • Mar 28, 2020 8:58pm Mar 28, 2020 8:58pm
Quoting eastrader
Is this correct from what i understand? {image}
You can enter on the candle that breaks and closes above/below the 4th candle. So you would enter on the ones you labeled breakout candle. But since the setup was on 1H TF you can go on 15min and enter on the the candle that breaks and closes above/below the 4th candle of H1 setup for a possible better entry.
  • #549
  • Mar 28, 2020 10:41pm Mar 28, 2020 10:41pm
Quoting dazjw2311
Please see picture for rules https://i.imgur.com/qstXVuc.png Very simple and very powerful. Huge expansion once high of bar 4 is breached. My entry is based from 5m chart price action, enter on m1 when one minute candle closes above bar 4 on m5 chart. MOST PROBABLE SET UPS FORM ON DAILY AND H4 CHARTS PLEASE PRACTICE SET UPS TO GET USED TO PATTERN ON LOWER TIME FRAMES ON DEMO. THIS GETS YOU CONFIDENT ON BIGGER TIME FRAMES +++++++++THOSE WHO LEARN IT AND POST SET UPS ( wrong or right, i want people who want to learn this, not lazy people...
Thanks for sharing such a simple and interesting pattern. May I ask, the first 2 candles must be both red or green, right?
  • #550
  • Mar 28, 2020 10:52pm Mar 28, 2020 10:52pm
Quoting acetrader
{quote} Eastrader,... For me, but get clearance from Dazjw2311 to be sure. Did you number those, or do you have an indicator?
I numbered manually & #2 i think always the highest or lowest. Should it be only green candle on #1 & #2 for a sell setup and red candle on #1 & #2 for buy setup?

Quoting Blaxst3r
{quote} You can enter on the candle that breaks and closes above/below the 4th candle. So you would enter on the ones you labeled breakout candle. But since the setup was on 1H TF you can go on 15min and enter on the the candle that breaks and closes above/below the 4th candle of H1 setup for a possible better entry.
Thanks Blaxst3r
wise man say, only fools rush in
  • #551
  • Mar 29, 2020 9:58am Mar 29, 2020 9:58am
Hi All, I read all post of this thread before anyone comment to read! Maybe I need read again, again and again.

But, if you let me ask something i would you like very much!

I think that this questions will be usable to anyone that look this thread.
Can you answer yes or no to next questions please?
When we Looking by "3 bar fractal Break" pattern:

1) Put fractal indicator on chart let more easy count 1234? We have that remember that bill willian´s mt5 fractal just show us after 5th Candle analisys!

2) I just should be forget fractal indicator and analyse:
on tops find: high(1stcandle) < high(2ndcandle) > high(3rdCandle) && low(3rdCandle) > low(4thCandle)
on bottoms find: low(1stcandle) > low(2ndcandle) < low(3rdCandle) && high(3rdCandle) < high(4thCandle)

3) We should be consider the open or close of some 1st,2nd,3rd or 4th candle? I means the color of bars with this. exame: If in top I have 2 gaps on, 1th candle is down candle and 2nd too but have higher high.

Inserted Code
                     |
                    [♦]
             |       |
            [♦]
             |

4) the 4th candle shold be crossed the low or of the 3rd candle and not more? Junt don't import the 1st or 2nd size or position!

tnks mates!
  • #552
  • Mar 29, 2020 2:29pm Mar 29, 2020 2:29pm
Inserted Video


Sunday pre market analysis video
  • #553
  • Mar 30, 2020 4:18am Mar 30, 2020 4:18am
Looks like the USD index may be turning , if the next h4 bar produces 3 bar fractal, im looking for buy set ups on GU EU and sell set ups on usdcad, UJ and USDCHF
Attached Image (click to enlarge)
Click to Enlarge Name: 47nEFVj.png Size: 26 KB
  • #554
  • Mar 30, 2020 4:20am Mar 30, 2020 4:20am
For those who are still waiting for answers for questions, i am not ignoring you. I will be doing a video on rules so it clear. Ill get this done this week
  • #555
  • Mar 30, 2020 5:02am Mar 30, 2020 5:02am
Quoting dazjw2311
For those who are still waiting for answers for questions, i am not ignoring you. I will be doing a video on rules so it clear. Ill get this done this week
Hi Daz,
Thank you for your ideas working well for me. I have a some success with different fractal ideas. Can you tell me please where you get those quotes for the dollar index
etc.
Brian.
  • #556
  • Mar 30, 2020 5:21am Mar 30, 2020 5:21am
Quoting Brian214
{quote} Hi Daz, Thank you for your ideas working well for me. I have a some success with different fractal ideas. Can you tell me please where you get those quotes for the dollar index etc. Brian.
Try this Brian... https://www.liteforex.com/
Stop killing our Oceans, Stop using single use plastics.
  • #557
  • Mar 30, 2020 5:24am Mar 30, 2020 5:24am
Quoting Brian214
{quote} Hi Daz, Thank you for your ideas working well for me. I have a some success with different fractal ideas. Can you tell me please where you get those quotes for the dollar index etc. Brian.
Found it thank you. Best of luck with the trades.
  • #558
  • Mar 30, 2020 9:09am Mar 30, 2020 9:09am
Hallo,

I wish everyone a good start to the week
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 68 KB
  • #559
  • Mar 30, 2020 9:56am Mar 30, 2020 9:56am
Quoting sweepi
Hallo, I wish everyone a good start to the week {image}

Hi mate did you get my message? pm me want to show you something
  • #560
  • Mar 30, 2020 10:08am Mar 30, 2020 10:08am
Quoting sweepi
Hallo, I wish everyone a good start to the week {image}
sweepi, if you are trading of main 1 hr TF, this opposite fractal would disqualify your Sell
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 197 KB
1 trader viewing now