180# Trend action with fractal support /resistance

Trend filtered 

Submit by Alexander 11/02/2016

 

Trend action with fractal support /resistance is a price action trend following scaping strategy that is also good for trading with binary options high/low.

Time frame 5 min.

Financial markets: Forex, Indices. 

Expiry time Binary Options high/low 3 candles.

Metatrader Indicators:

Fractal Support and resistance,

Pivot and psycolevel,

MA in color (100, 3);

Non lag MA (35),

Support and resistance,

Clive histogram CCI,

Heiken Ashi histogram,

Volumes indicator,

 

Buy

1. NonLagMA green (period 35) and up (crossed) LWMA too green (period 100)

2. Signal candle closes above NonLagMA and this bullish candle. (It happens that fulfills bearish candle, but it is better not to risk it)

3. Indicator TrendCCI repainted from red to green (the sooner 1-3 candles, the better).

4. indicator HA-Histo blue and shot, or at least touched MA6 line at its histogram. But "broke" - better to 100500%. The same spark 1-3

6. The volume indicator (standard MT-4) turned green and still be green, ie volumes, such build up.

 

Sell

1. NonLagMA red (period 35) and down (crossed) LWMA too red (period 100)

2. Signal candle closes below NonLagMA and this bearish candle. (It happens that fulfills bullish candle, but it is better not to risk it)

3. Indicator TrendCCI repainted from green to red (the sooner 1-3 candles, the better).

4. indicator HA-Histo red and shot, or at least touched MA6 line at its histogram. But "broke" - better to 100500%. The same spark 1-3

 

6. The volume indicator (standard MT-4) turned red and still be red, ie volumes, such build up.

In the pictures Trend action with fractal support /resistance in action.

Trend action with fractal support /resistance
Trend action with fractal support /resistance
Trend action with fractal support /resistance
Trend action with fractal support /resistance

 

Share your opinion, can help everyone to understand the forex strategy

 

Comments: 4
  • #4

    Hung (Sunday, 30 August 2020 07:02)

    Hello, have a good day. I am looking for a divergence tool like "Heiken Ashi histogram" but multi timeframes, can you help me?

  • #3

    wendell (Friday, 12 February 2016 13:41)

    If clean the history will run the indicator.

  • #2

    Paul (Thursday, 11 February 2016 23:29)

    Heiken Ashi is not working bars do not appear.

  • #1

    Victor (Thursday, 11 February 2016 20:29)

    Hi, take profit and stop loss?

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