Fractal trade for breakthrough

Fractal – trade for a breakthrough

Many experienced traders say that making money by trading on the market, easily. It is difficult to keep them afterwards. All markets are characterized by the fact that for most of the time the price is not much change, and only for a short time (15 – 30 percent) account for trend changes in prices. For traders who are not located in the exchange and / or non-specialists, attacking difficult times, when the market is not going anywhere. Most traders tend to put a protective stop (foot) is too close to the market and as a result suffer losses. The most favorable for profit during periods when market prices change according to a certain trend. Therefore, our first task is not to miss any significant trend. Remember – this is the first of our five entry systems in the market, and this is the first signal that we have to consider after the Alligator starts to wake up.

FRACTAL BREAKTHROUGH

We do not want to participate in the market and "keep your powder dry" as long as the Alligator will not be hungry and will not start your search of food (either higher or lower prices). We do not make any trades until until the first fractal will be in charge of our conditions. Let’s take another look at a typical stock and / or futures market (Fig. 4-1).

A typical situation in the market trading

Fig. 4-1 shows a typical, "characteristic" market behavior. Market from 70 to 85 percent of the time headway. During this period, the market activity of the majority of traders are losing money;
arrived at this time are only traders working in the stock room, which crush the market in a very short period of time. The most critical is the point at which there was at least the last. My trading methods, including the five magic bullets – is the best way to detect the bottom or the top.
Alligator will help us to engage in a real trend and not to conclude the transaction at the time of price fluctuations within a limited range, which is eating up our profits.

MODEL fractal

fractal model is simple. The market is moving in one direction or another. After some time, buyers who wanted

Fig. 4-1 Typical market

make a purchase, it made (during an uptrend), and the market falls back due to lack of buyers. Then on traders starting to affect some new information (Chaos). There is a new shopping flow, and the market is looking for a place value of non-compliance and agreement on the price moves up. If the driving market force (momentum) and the power of buyers is large enough to overcome the preceding up fractal, we can deliver an order to buy, so that concluded one transaction at a price exceeding one minimum price change (tick) the maximum fractal. Let’s examine some typical fractal model.

Fig. 4-2 you see an idealized diagram of fractal models "A’. The technical definition of a fractal – a series of at least five consecutive bars where the highest high before and behind him are two bars with lower highs. (The opposite configuration corresponds to a fractal for sale). One way to visualize this

Fig. 4-2 Model fractal.

reach out in front of him, splayed with five toes, while your middle finger is pointing upward. Your fingers – it’s five successive bars, and your middle finger is the highest high, forming a fractal. In fractal upstairs, we are interested only in the highest values ​​of the bars, while the fractal down interest are only the lowest bars. It is important to pay attention to the following restrictions:

  1. If the current bar has the same meaning on top of that and the average, the highest bar, it is not considered
    one of the five bars needed to form a fractal. For fractal purchase you must have
    maximum, which was preceded by two lower highs, and to be followed by two more
    low maximum. For fractal for sale, you should have at least one, which would be preceded by
    two higher minimum Isa followed by two higher lows.
  2. Fractals upward and downward, may include the same beverage. The same bar can be part of both the
    up fractal, and fractal down.

Pay attention to how the Model "AT" It meets all the requirements for a fractal. Two previous and two subsequent fractal may have any maximum, whose vertices will be no higher than the average bar (finger). In addition, the model "AT" is a fractal both upward and downward, since both of the preceding bar and the following bars and both are internal bars, if compared with the average bar fractal.
Model "FROM" It shows a different formation, which creates both an up fractal, and fractal down. As shown here, these fractals can "include" a same beverage. Model "D" It requires six bars to form a fractal up, because the fifth bar has a height equal to the previous highest high. To emphasize the above, once again repeat here the working definition:
Fractal must have two previous and two following bars with lower highs (more vysokimiminimumami when the downward trend). For fractal purchase we are interested in only the maximum value of the bars. For fractal for sale we are interested in only the lowest bars.
Fractals tell us a lot about "phase space" market behavior, but we can improve our trade, knowing how to change behavior of the fractal function, when the market will move from high to low and back again. After a fractal is formed, it will always be a fractal, but the role he plays, depends on its position in relation to the Alligator’s mouth. Fig. 4-3 shows the fractal buy and fractal for sale. If the buy signal is above the Red Balance Line (Alligator’s Teeth), we would place a stop order to buy at a minimum price change is one higher than the maximum up fractal. If a sell signal is below the Red Balance Line, we would place a stop order to sell at a minimum price change is one lower than the minimum signal fractal down.
It is important to understand that we do not pay attention to the fractal signal to buy, if, at the time when he is overcome, the price is below the Red Line Balance. This is the best method to filter out non-profit fractal transaction, which is known to us.

Fig. Fractal signals 4-3

After the fractal signal is generated and has power that is determined by its position Alligator’s mouth, it remains a signal as long as no infestation, or until such time as there is no more recent fractal signal.
Fig. 4-4 shows several fractal patterns. Fractal buy is at the top, and fractal for sale -in the bottom. Remember that although the formation of a fractal can be started, it must be filtered using the Alligator. In other words, you should not conclude a deal to buy if a fractal is below the Alligator’s teeth, and you should not conclude a deal to sell if a fractal is above the Alligator’s teeth.
Fig. 4-5 is an overview of a fractal characteristics. The basic structure of the market – it’s Elliott Wave, and the basic structure of the Elliott Wave – a fractal. If a trader is able to correctly identify the place of fractals, it allows him to profit by trading using Elliott Wave, not caring

Fig. 4-4 Various possible shapes of fractals

  1. What is happening between Fractal Fractal top down, it is always
    "Elliott wave of a certain level;
  2. Fractal always means a change in behavior; He is recognized as a
    sequence of five bars, where the central bar (or group) has a
    highs of fractals on top and lower lows FRACTALS
    DOWN.

One way to trade using fractal is as follows: if the market
overcomes the outer extreme high for up fractal or minimum
for a down fractal, move towards external orientation / Fractal point.

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LiteWave EA

LiteWave EA

Scalper on the principle of Martingale to work on timeframes M1 / ​​M5 / M30. Advisor automatically selects when to enter the market and when to exit, if something goes wrong. It works well with most of the characters with a low spread, although the spread size does not really matter.

He opens the first order with the appearance of patterns and conditions of moving averages, and at a certain average take-profit to release creates an additional warrant for martingale with a multiplier of the lot of your choice.

It works best on the charts EURUSD M5 and M1. The minimum deposit is 100 to $ 300 (depending on configuration) for a micro or a cent account, and from about 1000 to 10 000 $ for a standard account. It is recommended to use a cent account to have more control over the size of the lots and multipliers.

It works perfectly with any kind of spreads and commissions, best with STP-brokers.

It works best on a virtual server (VPS) for faster execution of trading operations. Permissible slight slippage.

The default is set at a micro or a cent account EURUSD M1.

Other symbols and standard accounts are acceptable. Especially recommended for currencies with low spreads. Best shown itself vapor containing EUR, AUD and USD.

If you have any questions, please contact me. Configuration files can be found in the “Discussion” section. Also in the discussion there are many useful information.

Warning: Martingale strategies carry a high level of risk, should be understood as they should be used, and it is not recommended to use them during the news release.

Options

  • Fixed Lots: Use an initial fixed lot size X.
  • Turn MM on: Use the calculation of risk warrants.
  • Risk: The risk of 0.01 to 1 (depending on settings). When the risk value of 1.0, the betting starts with 0.01 lots for every $ 15. Adjust in accordance with this value.
  • Martingale Factor: The factor for subsequent transactions on martingale.
  • Min Space Between Trades: Minimum distance in pips between transactions martingale.
  • Take Profit: Minimum value in pips for fixing average profit (70 pips = 7.0).
  • Bias: The value used as the threshold for transactions. The lower the value, the lower the transaction is performed, but it is safer. -500 to 50,000.
  • RSI min: The minimum value for opening transactions cycle using RSI H1.
  • RSI Max: The maximum value for the opening of transactions cycle using RSI H1.
  • Max Simultaneous Trades: Maximum number of transactions on the martingale, recommend value of 5 to 7 depending on the other settings.
  • Low RSI Value: RSI value filter Martingale cycles.
  • High RSI Value: RSI value filter Martingale cycles.
  • Magic Number: Magic number of transactions. It is necessary to use different magic numbers for each running copy LiteWave.
  • Start Time and End Time: Time of day trading. Use the format xx: yy (ie 10:30).
  • Use Percent Equity StopLoss: Use a stop loss on a percentage of assets. If true, it will be taken into account maximal drawdown percentage.
  • Max DD to accept: Percentage value of the maximum drawdown.

LiteWave EA

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One Click Precision Pro

One Click Precision Pro

Utility One Click Precision Pro by Wolf Trading allows you to perform most of the trading in MetaTrader 4 with a single click. Install all trading options without leaving the timeline. Work out a deal with a single click and control the stop-loss and take-profit, without distracting from the schedule. Use the trade panel for management of individual transactions or group control of all transactions.

The market moves quickly. Be even faster.

Features

  • On Screen Parameters Menu – set the lot size, stop loss and take profit in the upper left corner.
  • One Click Trade Placement – click on the arrow to the right in the trade menu to open a transaction to buy or sell. Up arrow to open long positions, the down arrow – short.
  • One Click Order Placement – hold down B to go long or short S to open and click the mouse on the place where you want to place an order. Binding feature allows you to easily set the order exactly highs and lows of the previous candle.
  • On Screen Trade Management – Right after the installation order is displayed in red and green area. For accurate setting take profit and stop-loss drag them in these areas.
  • On Screen Trade Panel – It allows you to view multiple transactions, to manage them individually or by a group of transactions. Open the long position, hold M and clicking in the place where you want to place a trade panel. For short positions is the same with the key F.
  • Know Your Position – after entering the market on the right will be displayed numbers. The potential profit is displayed at the top of long positions, current profit or loss – in the middle, and the current loss is displayed in red at the bottom. And vice versa for short.
  • Automated Breakeven – at the top left of the screen can also be set avtobezubytok (Auto BE). Set the desired level, and your transaction will be automatically moved to breakeven.
  • Automated Trailing Stop Loss – there, on the left side of the screen, you can set an automatic trailing stop (Auto SL). Specify the number of pips, which is activated upon reaching the trailing stop, trailing stop will be tightened at every tick.
  • Snap To Function – luvom in the top right corner of the screen displays the binding function. automatically sets the mouse cursor over the maximum or minimum any spark when the cursor reaches a certain distance in pips from this maximum or minimum. You can change the sensitivity of the function, changing the value (in pips) from the menu.
  • net Breakeven – in the shopping menu on the right side of the screen you can place individual transaction to breakeven with a single click on a button with a single arrow in the purchase or sale of the menu. If your position is profitable, when you press the button the stop loss will automatically move into the black. Dvoynye arrow transfer position in the overall breakeven.
  • Scale Out Button – % character button. When you press your current position is reduced by half.
  • Delete Pending Order – button with image boxes in the shopping menu. When you click the utility removes all pending orders for current symbol.
  • Close Position – X button in the shopping menu. It closes the current position and all pending orders.

One Click Precision Pro

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Work on forex without risk

Work on the forex without the risk

If you want to become a successful trader, having learned to question other people’s conclusions. Join the mindless herd of losers – this is your most important risk in the forex market. There is a standard way for the majority, try without money, free and very quickly learn how to trade without risk in the forex market.

Somewhere to find a miracle strategy publicly available online. Download a free Trading Robot, which can be put on your computer and nothing else to do. Money in their understanding will come to them, because they need them, not because they deserve them.

All the above does not apply to experienced traders of the forex market, those who have already had enough bitter pills. For your colleagues, there is one saying that even Einstein said. He said that only a fool would expect to get different results doing the same thing. I advise you to reconsider your views on the market as a whole. Do not just change some separate element, and completely redefine your vision of how to make money without the risk of forex.
In the world of good investment yield 15-20% is considered to be relatively safe return per year. You somehow turn away from anything that gives less than 10% profit per month. Think about it, why all the top traders in the forex is more than 5% per month, without compound interest, not earn. Start thinking on a different plane. The only way you will find the correct costly to profit without risk in the forex market.

Let’s consider the basic judgments about the risks in the forex market

Work on the forex market – it is a risky activity


In fact, it risky do you do when you set your inquiries on the level of earnings on which directly depends on the size of the leverage used by you. Discard the leverage and this type of activity will be for you without risk. This Statement exchanger with reduced spreads on foreign exchange transactions.

The broker can always throw us disappeared with our money

Maybe, and this no one is safe. But if you have $ 10,000 and you’re worried about it, then go through the western broker, which guarantees safety of your money the state will perform. This will reduce this risk to a minimum. All Western brokers have better trading conditions than our kitchen company.
Do not forget about the reputation of the broker

  • In the market the broker must be at least 10 years.
  • Should be on everyone’s lips, that is, be popular.
  • Be white and fluffy, not have dark spots on the reputation.
  • I must have a lot of customers.
  • Should not lure their customers bonuses, which can participate in the loss.
  • Should not attract questionable investment vehicles of its own production.
  • Be alive to but yourself and you see others as traders and investors alike.

Such a broker you can trust worth up to $ 10 000.

Force majeure situation with powerful and prolonged market movements

Make the margin at least 5000 points and you will not threaten any currently known market movement. Any market collapse or rapid growth – it is always a good opportunity to make a medium-term protivohod market. Do not be afraid to refill money on your deposit and averaging its position in the market, within the framework of the strategy used. Working with a margin of safety in the 5000 points of your work is not in danger. Therefore, the forex you will forget about such a risk as a powerful and prolonged market movements.

Psychological factor, or simply began to play

  • Stop the clock hypnotize terminal.
  • Make analysis in the terminal, and the order to open the paper. After list the necessary actions to carry the data sheet of paper in the terminal.
  • Find someone performer who will knopkodavom and your risk manager.
  • Place the terminal on a dedicated server, a script that will close the order when the amount or the number is exceeded. Access to a dedicated server should be the other person.

Not already a terrible beast, the psychological factor, as he is painted. Therefore, the judgment that the trader’s success depends on its ability to calm and to do monotonous work, is not true 100%. You can solve the problem in another way, if there is data quality. It is said that half the battle, it is a recognition of the problem. Look at all that you are doing in the market. Determine what is the main source of risk for you in the forex.

It’s not all risks, these same evil dirty that hinder us to live peacefully and consistently earn on Forex. There is another risk, which I believe it is important to consider. The original work is a negative expectation and self-deception in relation to the fact that you will be able to beat the system within days. Why was I singled out in day trading. It has the highest share of commissions in orders due to the small value of profit and loss, in these orders in the amount of points. That does not change very much in your favor expectation. Go to work in the medium term, there is less risk and much easier to work.

If you have thoroughly researched his work in the market with my recommendations, I have prescribed for you in this article, you will be pleasantly surprised after a couple of months. Trading for you will be calm and stable in relation to the profit, which will open a clear understanding of the future prospects for you.

I hope my article will help many of you to stop losing money in the forex market and start a stable? and earn without risk. Good luck in trading!

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Marksman Trader

Marksman Trader

The adviser for efficient operation only EURUSD and only five minute (M5) graph. Advisor can be attached to a chart with a different timeframe, but it will only use the information display and graphics with the M5 timeframe. This is the first version of the advisor, so it only works on EURUSD M5. I started programming the next version. It would be better, and the latest version should be run on no less than 4 different currency pairs, as well as the timeframes M5, M15, M30 and H1. The only problem is that you use a lot of variables, so you will need at least a year to complete it. Needless to say that this version will be much more expensive.

Advisor uses a combination of three bars indicators and data (graphics data) to generate signals and determining SL and TP levels. The number of lots for each trade is equal to the balance sheet divided by 2500 so that the account currency should be weaker NZD. I advise everyone to test an expert before buying it.

This expert is only a five-digit brokers.

Good luck to everyone and profitable trades!

Marksman Trader

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VR Close Orders

VR Close Orders

The script for the closure and removal orders in MetaTrader 4.

Designed to facilitate routine work of the trader, as well as to maximize the speed of closing all orders in the terminal.

Thanks to script a trader can close orders by type, income, Magic number.

script Properties

  • Symbols – filter instrument:
    • All – all trading instruments;
    • Current – the tool on which the script is thrown.
  • Close Type – filter on the order type:
    • BUY – Only orders to buy;
    • SELL – only sell orders;
    • BUY_LIMIT – pending limit orders to buy;
    • SELL_LIMIT – deferred limit sell orders;
    • BUY_STOP – Entry Stop orders to buy;
    • SELL_STOP – Entry Stop orders to sell;
    • All – all warrants market and pending;
    • ALL_MARKET – Only market orders;
    • ALL_STOP – only stop orders;
    • ALL_LIMIT – Only limit orders.
  • Close Profit or loss – filter by profit orders:
    • Off – excluding profit;
    • Profit > Valueprofit greater than the predetermined setting value in the Value;
    • Profit < Valueprofit less than the predetermined setting value in the Value;
    • Profit = Value – profit equal to a predetermined setting value in Value.
  • Value – value to adjust the above;
  • Magic Number – filter by a unique number order:
    • -1 – all warrants (Warrants advisors + orders opened manually);
    • 0 – Only orders opened manually;
    • >0 – number of orders open another adviser.
  • Slippage – Slippage.

After the end of the script issues a report on the graph and report in the Journal of the terminal.

VR Close Orders

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Three Pair Basket Trader

Three Pair Basket Trader

EA trades basket of three currency pairs one account in part hedged formation. Pair traded simultaneously at a time when their prices are not correlated with each other. Advisor does not rely on network latency between multiple accounts. Advisor is fully automatic and requires no user intervention after the launch on schedule. Basket transactions closes on reaching a predetermined total profit in pips or in satisfying closing conditions.

Note that for testing the program has a free version that will only trade 0.01 lots and execute only part of transactions. This paid version is much more flexible, more sales and has more customizable options.

Advisor is well suited for low-risk trading in the market. Opening the three transactions at the same time partially hedged formation Advisor Protect your account from market fluctuations. transaction time is from several seconds to several days, rather than just a few seconds, as in the arbitration, as our EA less relies on network latency and speed of execution. However, we still recommend a broker with low spreads and fast execution, as these factors still affect the number of transactions and the profit potential.

adviser It can not be tested on history using a tester, so you can test only one pair at a time. I tested the adviser on stories using your own program and real tick data for all three pairs of default: AUDUSD, EURUSD and EURAUD. With the default risk (10) the expected maximum drawdown was 10% at the expected average yield of 5%. Advisor will limit risk to prevent large drawdowns. Results may vary depending on the brokerage commissions and other market conditions. Initially Advisor comes with settings to work with ECN-Broker. Please check whether your broker is ECN-Broker, to use a more appropriate setting.

Options

  • Magic – magic number to identify the advisor orders
  • Lots – fixed lot size if auto auction is not used, the EA will limit this value to avoid high risks.
  • useAutoLot – If true, the lot size is based on the account balance and risk settings
  • autoLotRisk – minimum percentage margin account when basket trading currencies
  • ProfitMult – the sum total of the number of pips * 10 to take profit when trading 3 pairs.
  • LossProfitMult – the total number of pips * 10 for the stop-loss
  • SpreadAllowed – the maximum spread
  • TakeProfit – fixed take profit for each pair of the loss of communication with the server
  • StopLoss – a fixed stop loss for each pair
  • fileRecord – True if all recorded tick data

Additional built-in security features

  1. Each transaction is accompanied by a fixed stop-loss and take-profit to the case of strong price movements or loss of communication with the brokerage server.
  2. All transactions are automatically closed if opened less than three transactions or an adviser can not open a transaction within the basket. This is important, since you can manually close a deal, and the program will immediately close the other, to keep the profits and protect the account.
  3. Commercial terminated upon reaching a predetermined number of consecutive loss trades.

Recommended use

  1. Run adviser on the chart with the highest number of ticks. As a rule, it EURAUD.
  2. Timeframe is not important. Advisor uses tics trade.
  3. Start with a small risk, to assess the work of the adviser with a specific broker.
  4. Use a low risk value to protect your accounts from drawdown.
  5. Do not close the transaction manually after the weekend, otherwise you risk losing your profits.
  6. For greater efficiency it is recommended low spreads, low commission and high-quality execution.
  7. The minimum deposit for trading 500 USD, the recommended 2,000 USD.
  8. Run adviser in a separate account, as it uses a very important margin depending on the risk values.

to my customers

Please contact me if you have any questions, I will be glad to help.

Author

Benjamin Patry – an expert on programming in the development, design and optimization of automated trading programs with over seven years experience in the Forex and more than ten years of trading experience.

Three Pair Basket Trader

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