3 Bar Fractal Break

i didnt take into account that, good point. i forgot, but the orders will be there to show where market is going. tomorrow i expect to be dead. i expect a reaction tuesday. ill know tuesday evening as i said in video the actual direction for week. honestly mate. everyteacher says dont trade monday. i say dont trade monday and tuesday. lol, you catch the real move on wednesday and thursday. Im the first to say it but watch the 50% of monday tuesday range. you can with big probability catch winning trades.

Hi.
Is there an expert Advisor for MetaTrader 5 for this strategy?

Just a quick update on the trade i left open last friday, spotted the 3BFB on the orange dots at the 1HR TF, moved my TP target to the lower order block, but cautiously trailing (just me making sure i still take home a bit out of this trade.)

Today fast trade. Perfect AAA setup for me, price is touched wave 3 x ema34, and fourth candle is inside last swing. Profit 22 pips, RRR 1:3.

i saw this opptunity。but，i did not trade

Don't know if others have this problem cos I doubt it's just my mt4, but if you delete Swingman fractal indicator, it deletes the arrow but still leaves the lines on the chart and they are not shown in objects so you can't remove them there either.

Hii

indicators on 47 pages

Cemil

AUD USD nice setup

daz hope you are fine. dear do you use Mon Tuesday auto label on your charts or you type them manually.

Hi, that is an indicator. You can have it.

Thanks xiaotiao

Text book pattern in play but tuesday is the reason not looking for a trade.

IMMEDIATE RESULTS

Currently in my watchlist. If this setup holds close of Tuesday, looks like GBPCHF is preparing for a move higher this week.
Targeting entry near the midpoint level (.50 level).

Daz Eagerly waiting for today's market analysis.

Unfortunately there will be no video tonight. I dont see any sets forming according to my analysis as the markets have shot to levels too early and i expect reversals. I will explain in fridays market recap, no trades for me this week unless i see dramatic change which is unlikely

Take care daz have a great week

Hello everyone
and
Daz Thank you for creating an interesting thread.

I like 3bfb.
My Entry is always awful.
(I'm not so good at exits ... HAHA)

3bfb has a very simple entry procedure and I really like it.
I want to use it myself soon,But I am still trying to find a method that suits me.

I'm not good at English, but I have an interesting look at Daz's thoughts and Trading results of everyone else.
And I was thinking about where and how to use 3bfb.

I am very interested in what time frame you are trading on.

Now I'm making a simple EA and backtesting at 4H & 1H first.

Currency is GBP / USD / EUR / JPY

When doing a backtest, I sometimes encountered 3Bfb with 4 bars in a row.
It is very difficult to judge this.
3Bfb with four bars in a row, entry feels a little late.
RR setting is very difficult.

Therefore, I made a simple EA and tried to count the number under various conditions.
I wanted to check the rough numbers, so The numbers are a little processed.

It's a very meaningful statistic, but ...

The "Monday-Tuesday HL 50%" that Daz adds to the trending is very interesting.
So, I created a simple EA and tested some of them.

And we are getting some interesting results.

Period is from 2015 to 2019
The data used is FXDD, so some data is missing.
In all currencies, the number of bars in 1H was about 31,300.

Currency is
GBP / USD / EUR / JPY

Setup with 1H
Entry at 15M
SL is a 4H bar
RR = 1: 1
Especially the exit is very rough.
(No break even or trailing)

Trend judgment.
20EMA and 50EMA
Monday-Tuesday HL 50%

Setup & entry near 2 EMA



I feel that the Monday-Tuesday HL 50% and EMA Trend judgment will looks good at 1H tf.



I do not intend to trade in this EA.
I created it to know if the method I am thinking is effective.
So It's a very crude EA, but the results feel a bit of potential.

The first three images are simple trend judgments only for EMA.
I feel the possibility despite the simple conditions.






The next three images are from the case of adding Monday-Tuesday HL 50% to the trend judgment.
DD is reduced. (The number of transactions is also low)
This was a new discovery.
I can't publish detailed results yet because it is a rough test content, but I will continue testing and will publish detailed test results if there is an opportunity.