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Fractal Geometry

  • #361
  • Mar 12, 2021 2:19am Mar 12, 2021 2:19am
Quoting Expo33
Bedtime here. Safe trading all. Don’t forget CAD employment news at 8:30AM New York time
Good rest for you..
  • #362
  • Mar 12, 2021 2:21am Mar 12, 2021 2:21am
Some orders activated at London open. One loss already, but others looks good..
Attached Image(s) (click to enlarge)
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  • #363
  • Edited 7:50am Mar 12, 2021 7:25am | Edited 7:50am
Quoting Expo33
Pending orders EUR/USD M30 FRACTAL LINE {image} GBP/AUD M30 FRACTAL LINE {image}
Ugh, if I'm awake I can scale in a couple of positions, instead, I miss a homerun trade by 1 or 2 pips.

GBP/AUD M30 FRACTAL LINE
Attached Image (click to enlarge)
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I think the EA triggers on the bid price only so for a sell order I'll have to add the spread amount to the trigger amount as well.
Pride always comes before destruction.... -Proverbs 16:18
  • #364
  • Mar 12, 2021 11:13am Mar 12, 2021 11:13am
I wonder how well the price responds to both strategies,,
Attached Image (click to enlarge)
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  • #365
  • Mar 12, 2021 2:13pm Mar 12, 2021 2:13pm
Quoting Gleam
I wonder how well the price responds to both strategies,, {image}
Nice.

I really like when the triangle and the fractal line are in confluence. I'll be waiting for this level if we ever get there.

EUR/JPY H1 FRACTAL LINE IN CONFLUENCE WITH TRIANGLE CONVERGENCE LEVEL
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 42 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #366
  • Mar 12, 2021 3:26pm Mar 12, 2021 3:26pm
Quoting Expo33
{quote} Nice. I really like when the triangle and the fractal line are in confluence. I'll be waiting for this level if we ever get there. EUR/JPY H1 FRACTAL LINE IN CONFLUENCE WITH TRIANGLE CONVERGENCE LEVEL {image}
good evening
i have a question please,
those the fractle indicator repaint?
thank you
  • #367
  • Mar 12, 2021 3:51pm Mar 12, 2021 3:51pm
Quoting ayoub1988
{quote} good evening i have a question please, those the fractle indicator repaint? thank you
Hello and welcome.

No, the fractal indicator does not repaint.
Pride always comes before destruction.... -Proverbs 16:18
  • #368
  • Mar 13, 2021 6:57am Mar 13, 2021 6:57am
Hi, traders.
Just wanted to share my results for the last week. There were to many orders. But I have no idea how to filter the best ones. I took almost every setup from 28 pairs all week. Used H1, H4 two SMA 200 and 120. All triggers according trend. Working time from approx. London opening till 1.5 hr after New York open. I think I will continue to follow this strategy and will see.. Thanks again our Guru Expo33.
Attached Image (click to enlarge)
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  • #369
  • Mar 13, 2021 9:32am Mar 13, 2021 9:32am
Quoting Gleam
Hi, traders. Just wanted to share my results for the last week. There were to many orders. But I have no idea how to filter the best ones. I took almost every setup from 28 pairs all week. Used H1, H4 two SMA 200 and 120. All triggers according trend. Working time from approx. London opening till 1.5 hr after New York open. I think I will continue to follow this strategy and will see.. Thanks again our Guru Expo33. {image}
You're welcome brother. You're doing all the work, I just put up a simple theory.

Nice graph! Up up up.
Pride always comes before destruction.... -Proverbs 16:18
  • #370
  • Edited 1:59pm Mar 14, 2021 1:15pm | Edited 1:59pm
Quoting Gleam
Hi, traders. Just wanted to share my results for the last week. There were to many orders. But I have no idea how to filter the best ones. I took almost every setup from 28 pairs all week. Used H1, H4 two SMA 200 and 120. All triggers according trend. Working time from approx. London opening till 1.5 hr after New York open. I think I will continue to follow this strategy and will see.. Thanks again our Guru Expo33. {image}
The big question is how do we filter trades?

As I said, I think each trade is unique and each trader has a unique way of seeing a particular structure and then determining if that structure is worth trading. Of course, it's important to be aware of the surrounding fundamentals in a general sense and to be aware of news events. However, I never believed in trying to predict news outcomes or to attach much meaning to fundamentals when using this system. We are in essence scalping or more appropriately, looking for intraday impulse retracements/continuations.

So, I decided to put together a trading journal specifically for the fractal line setup. (No triangle trades or wickless trendline trades, but they can be used as a source of confluence and noted in the journal comments)

Anyways, if anyone is interested in using the template, here is the link: https://docs.google.com/spreadsheets...it?usp=sharing

Here is a screenshot with some explanations below:
Attached Image (click to enlarge)
Click to Enlarge Name: Journal.png Size: 7 KB

TREND Y/N - If the trend for the next two higher time frames is in the same direction you are trading, then Yes(Y) otherwise No(N). For example, if you are trading the H1, then for your entry to be "Y" the H4 and D1 time frames must be trending up, otherwise your entry is "N"

EXPAND/CONTRACT - If impulse wave CD is larger than AB then the structure is "EXPANDING" otherwise the structure is "CONTRACTING".

BC LENGTH - Number of candles for impulse wave BC.

PARALLEL Y/N - Are waves AB and CD approximately parallel then "Y", if not then "N"

Everything else is self-explanatory and of course, some of these entries can be skipped if they don't seem useful.

I want to log 100 trades and then see if there is any pattern that appears as to which trades are better than others then I will share my results.
Pride always comes before destruction.... -Proverbs 16:18
  • #371
  • Edited 5:54pm Mar 14, 2021 5:32pm | Edited 5:54pm
Manual Entry

GBP/JPY H1 - FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 47 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #372
  • Edited 8:30pm Mar 14, 2021 7:12pm | Edited 8:30pm
Quoting Expo33
Manual Entry GBP/JPY H1 - FRACTAL LINE {image}
Although I haven't been stopped out yet, I consider this trade as a loser because the H1 candle has distinctly closed above the fractal line. As such, we will let the trade go and wait for a small retrace before initiating a recovery trade. Manual exit for a loss of 10 pips after a small retracement.

GBP/JPY H1 - FRACTAL LINE RECOVERY TRADE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 49 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #373
  • Mar 14, 2021 9:35pm Mar 14, 2021 9:35pm
Manual Entry

GBP/AUD H1 - FRACTAL LINE WITH TRIANGLE CONFLUENCE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 51 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #374
  • Mar 14, 2021 11:32pm Mar 14, 2021 11:32pm
Quoting Expo33
{quote} Although I haven't been stopped out yet, I consider this trade as a loser because the H1 candle has distinctly closed above the fractal line. As such, we will let the trade go and wait for a small retrace before initiating a recovery trade. Manual exit for a loss of 10 pips after a small retracement. GBP/JPY H1 - FRACTAL LINE RECOVERY TRADE {image}
Manual exit for +10 pips. I guess if we call it a recovery trade then we better take the 10 pips

We'll leave our GBP/AUD short open and time for bed.

Safe trading and good morning soon to my friends across the pond. Chat in T-minus 8 hours....ish
Pride always comes before destruction.... -Proverbs 16:18
  • #375
  • Mar 15, 2021 3:40am Mar 15, 2021 3:40am
Quoting Expo33
{quote} The big question is how do we filter trades? As I said, I think each trade is unique and each trader has a unique way of seeing a particular structure and then determining if that structure is worth trading. Of course, it's important to be aware of the surrounding fundamentals in a general sense and to be aware of news events. However, I never believed in trying to predict news outcomes or to attach much meaning to fundamentals when using this system. We are in essence scalping or more appropriately, looking for intraday impulse retracements/continuations....
Good rest for you at the moment.. Thanks for ideas.. And we will wait for the results and conclusions of the research
  • #376
  • Mar 15, 2021 3:42am Mar 15, 2021 3:42am
According H1, H4 trend, entries at the moment..
Attached Image(s) (click to enlarge)
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  • #377
  • Mar 15, 2021 11:59am Mar 15, 2021 11:59am
Quoting Gleam
{quote} Good rest for you at the moment.. Thanks for ideas.. And we will wait for the results and conclusions of the research
Thanks brother. I got a late start on my workout so I missed the party.
Pride always comes before destruction.... -Proverbs 16:18
  • #378
  • Mar 15, 2021 12:11pm Mar 15, 2021 12:11pm
Quoting O_s_a
Ok, I've changed 2 things for now. 1. We need to use pips instead of point in settings. If You want SL = 30 pips You set it to 30 (not 300 like it was). 2. TS is activated when BE is hit like described in post 343. Please use it as Beta version not on real account before we fix any bugs. Of course let me know about the bugs. For the rest of mods I need to have a little more time. {file}
Hello brother, I hope you are well.

I've been trying to test the modified EA and it seems that it won't trigger a buy/sell if you set TS=0. If I set TS=1 or any other number it triggers fine.
Pride always comes before destruction.... -Proverbs 16:18
  • #379
  • Edited 7:41pm Mar 15, 2021 7:27pm | Edited 7:41pm
Pending orders

GBP/USD H4 - FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 50 KB

USD/CAD M30 - FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.png Size: 50 KB

NZD/USD M30 - FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 52 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #380
  • Mar 16, 2021 6:30am Mar 16, 2021 6:30am
Woke up for a bathroom break at 2AM and checked my charts and was lucky enough to catch a manual buy on this one. They say don't try to catch a falling knife but if you know where to put your net, then it's no problem.

Now we are looking to sell another fractal line.

GBP/JPY H1 -FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 51 KB


And from last night's pending orders this one missed triggering by 2 pips. Painful to look at

NZD/USD - FRACTAL LINE
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 52 KB
Pride always comes before destruction.... -Proverbs 16:18
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