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Fractal Geometry

  • #281
  • Mar 6, 2021 9:44am Mar 6, 2021 9:44am
Quoting O_s_a
{quote} Nice going Gleam
Thanks . The main base is given to us by the author. We each look differently and adapt to ourselves.. and thank you for sharing knowledge
  • #282
  • Mar 6, 2021 8:42pm Mar 6, 2021 8:42pm
A little weekend Bitcoin action

BTC/USD M30 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSDM30.png Size: 49 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #283
  • Mar 7, 2021 12:27am Mar 7, 2021 12:27am
Quoting Expo33
A little weekend Bitcoin action BTC/USD M30 FRACTAL LINE {image}
Booked some decent profit and off to bed. We can use fractal line on any instrument.

BTC/USD RESULT
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSDM30.png Size: 46 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #284
  • Mar 7, 2021 4:25am Mar 7, 2021 4:25am
Quoting Expo33
A little weekend Bitcoin action BTC/USD M30 FRACTAL LINE {image}
Awesome, friend, good entry! I didn’t know bitcoin works on weekends either, thanks..
  • #285
  • Mar 7, 2021 9:35am Mar 7, 2021 9:35am
Quoting Gleam
{quote} Awesome, friend, good entry! I didn’t know bitcoin works on weekends either, thanks..
Thanks. Yea, I didn't either and never trade it but it is available on FTMO so I thought I'd give it a try. Good thing I took profit before bedtime because it rocketed up to the moon after I closed the trade. Super volatile instrument.
Pride always comes before destruction.... -Proverbs 16:18
  • #286
  • Edited 11:46am Mar 7, 2021 11:12am | Edited 11:46am
As a huge fan of mixed martial arts and the UFC, congrats to Jan Blachowicz, the beast with the Polish power! He retained his light heavyweight belt last night verse Israel Adesanya, the "style bender" and one of the best technical strikers/kickboxers on the planet. Israel was 20-0 and the reigning middleweight champion and stepped up in weight class to try and win a belt in 2 weight classes. Not an easy task. Jan is a beast with explosive power in his hands. A humble and classy man.
Attached Image (click to enlarge)
Click to Enlarge Name: BLACH.png Size: 413 KB


The only reason I posted this is that it highlights the attributes it takes to be a successful trader. You need to be disciplined and dedicated to a daily regimen. Training your body, mind, soul, and spirit for the daily battle. Prioritizing family life and responsibilities. Eating and sleeping right. Taking responsibility for your failures. Planning the trade and trading the plan, and so forth.
Pride always comes before destruction.... -Proverbs 16:18
  • #287
  • Mar 7, 2021 5:49pm Mar 7, 2021 5:49pm
Looking to buy the broken fractal line on the retrace.

EUR/JPY H1 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 49 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #288
  • Mar 7, 2021 10:27pm Mar 7, 2021 10:27pm
Quoting Expo33
Looking to buy the broken fractal line on the retrace. EUR/JPY H1 FRACTAL LINE {image}
We booked about 6 pips profit here. The benefit of being awake during trades allows for micromanagement. Had I been asleep, the stop wouldn't have been moved to BE and this would have ended up as a full loss. Going to bed soon so we will replace our hard stops with trailing stops.

We are life again with a manual entry riding the good side of this fractal line up.

CAD/JPY M30 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM30.png Size: 46 KB


And we are back at it with Bitcoin which soo far had been very good to trade. Tight stop loss holding up so far.

BTC/USD M30 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSDM30.png Size: 48 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #289
  • Mar 7, 2021 10:42pm Mar 7, 2021 10:42pm
A missed trade from Friday. A beautiful example of a standard fractal line in confluence with a wickless trendline.

EUR/NZD H4 - FRACTAL LINE CONFLUENT WITH WICKLESS TRENDLINE
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 41 KB


And the wickless view
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4l.png Size: 41 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #290
  • Mar 8, 2021 2:05am Mar 8, 2021 2:05am
Hello traders in new week!

My thoughts to discus and check in real trading.
Stop loss value depend on fractal line bias.

Attached Image (click to enlarge)
Click to Enlarge Name: 51767ba6de5c2d9698a568762cfb2ec9.png Size: 113 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 392d8ed2771f8b5ecf91800ce4d60dfc.png Size: 110 KB
  • #291
  • Mar 8, 2021 2:54am Mar 8, 2021 2:54am
Quoting Expo33
As a huge fan of mixed martial arts and the UFC, congrats to Jan Blachowicz, the beast with the Polish power! He retained his light heavyweight belt last night verse Israel Adesanya, the "style bender" and one of the best technical strikers/kickboxers on the planet. Israel was 20-0 and the reigning middleweight champion and stepped up in weight class to try and win a belt in 2 weight classes. Not an easy task. Jan is a beast with explosive power in his hands. A humble and classy man. {image} The only reason I posted this is that it highlights the...
Yah, my friend, Here just as much as in trading and also in life in general
Hi, traders!
I hope the author will not be angry that I have added my creations, I will not offer my own to anyone, but my plan helps me and today my orders are as follows will see how will be week:
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AUDNZDH1.png Size: 72 KB
Click to Enlarge Name: EURCADH1.png Size: 61 KB
Click to Enlarge Name: EURCHFH1.png Size: 64 KB
  • #292
  • Mar 8, 2021 2:59am Mar 8, 2021 2:59am
Quoting O_s_a
Hello traders in new week! My thoughts to discus and check in real trading. Stop loss value depend on fractal line bias. {image} {image}
Thanks, O_s_a, interesting idea, it seems logical, it should be checked how it works in the long run
  • #293
  • Mar 8, 2021 3:02am Mar 8, 2021 3:02am
Quoting Expo33
{quote} We booked about 6 pips profit here. The benefit of being awake during trades allows for micromanagement. Had I been asleep, the stop wouldn't have been moved to BE and this would have ended up as a full loss. Going to bed soon so we will replace our hard stops with trailing stops. We are life again with a manual entry riding the good side of this fractal line up. CAD/JPY M30 FRACTAL LINE {image} And we are back at it with Bitcoin which soo far had been very good to trade. Tight stop loss holding up so far. BTC/USD M30 FRACTAL LINE {image}...
It seems trail stop is not working on our EA, BE ok. Or I am wrong?
  • #294
  • Mar 8, 2021 9:33am Mar 8, 2021 9:33am
Quoting Gleam
{quote} Yah, my friend, Here just as much as in trading and also in life in general Hi, traders! I hope the author will not be angry that I have added my creations, I will not offer my own to anyone, but my plan helps me and today my orders are as follows will see how will be week: {image} {image} {image} {image}
I see your trading style only with trend exactly match second type of trade I posted earlier.
So You can use theorytically 10% ADR SL all the time.
  • #295
  • Mar 8, 2021 11:23am Mar 8, 2021 11:23am
Quoting O_s_a
Hello traders in new week! My thoughts to discus and check in real trading. Stop loss value depend on fractal line bias. {image} {image}
Interesting concept. I tend to look at how much power it takes, or how long price has to go to reach the line. If the line is very steep angle and price has to go a long way to get to the line I will use a smaller stop loss. In general, I now have been using smaller stop losses, especially for M30 setups.

Example: Price here still has about 140 pips to reach the line and has been as much as 200 pips below the line so if I use 30% of 20ADR for the H4 timeframe I get a stop loss of 40 pips. For me, that is too big of a stop. If price moves 140 more pips to get to this steep line then I think theoretically it should run out of energy before a 40 pip stop loss is hit. I hope that makes sense.

But in any event, I think each trade is unique and each trader should have a unique way of setting and managing their trade. However, it is good to know what everyone is thinking. We all learn and grow when we consider other ideas.

This line has an angle over 61 degrees. That's very steep!! Imagine hiking a mountain with this angle and then reaching the top. You would probably have no energy left when you reached the top. But maybe if the hike was only 30 degrees you could still go farther when you reached the top. (bigger stop needed)

GBP/AUD H4 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.png Size: 53 KB

AND SQUEEZING THE Y AXIS DOWN TO SEE IT BETTER
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 50 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #296
  • Mar 8, 2021 11:29am Mar 8, 2021 11:29am
Quoting Gleam
{quote} Yah, my friend, Here just as much as in trading and also in life in general Hi, traders! I hope the author will not be angry that I have added my creations, I will not offer my own to anyone, but my plan helps me and today my orders are as follows will see how will be week: {image} {image} {image} {image}
No problem my friend. It's your chart and my hope is that you are successful however you do it.
Pride always comes before destruction.... -Proverbs 16:18
  • #297
  • Edited 12:08pm Mar 8, 2021 11:47am | Edited 12:08pm
Quoting Gleam
{quote} It seems trail stop is not working on our EA, BE ok. Or I am wrong?
I entered manually on last night's trades so I set my trailing stops manually from the Meta4 platform but from my demo testing, the EA trailing stop function worked fine.

Note: The trailing stop does not activate until you are in profit that is the same size as the trailing stop.

For example: If you set your TS = 10 pips then the EA won't do anything or show up on your chart until you are in profit of 10 pips. When you hit 10 pips profit the trailing stop will appear 10 pips from that price level and will either stay at that level if your trade starts to move against you or it will move with your trade if it continues with more profit, always staying 10 pips from the latest price.

Also, note that if you set your BE=0 and your TS=10 then as soon as the trade is activated the EA will automatically initiate the TS at 10 pips.

EDIT: I just did some more demo testing and this is weird. When I did a buy with SL=20 AND TS=10 when the trade activated the SL instantly set at 20 pips on the chart as it should, but when I did a sell the TS apparently took precedence, and when the trade activated, there was no SL at 20 pips but only a TS at 10 pips.

I think I'm going to ask someone in the platform tech thread to see if they can modify this EA. Maybe make the trendline description shorter and check into this TS thing.
Pride always comes before destruction.... -Proverbs 16:18
  • #298
  • Mar 8, 2021 12:39pm Mar 8, 2021 12:39pm
Well, I made a request for help in modifying the EA.

Here is the request thread if anyone cares to read it or add any other suggestions.

https://www.forexfactory.com/thread/...e-modification
Pride always comes before destruction.... -Proverbs 16:18
  • #299
  • Edited 10:36pm Mar 8, 2021 10:07pm | Edited 10:36pm
Tonight's orders ready for action

GBP/NZD H1 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 50 KB

AUD/CAD H1 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH1.png Size: 49 KB

EUR/CAD H4 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 49 KB

EUR/GBP H4 FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 50 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #300
  • Mar 9, 2021 2:28am Mar 9, 2021 2:28am
Quoting O_s_a
{quote} I see your trading style only with trend exactly match second type of trade I posted earlier. So You can use theorytically 10% ADR SL all the time.
Yes, it seems to fit that. I will do research my last three weeks when my kids go out to have fun and I will be left alone on weekend.. Less stop more profit..!
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