523# Break Fractal Line

Fractal Breakout trading with trend

Submit by Corneliusson 24/05/2016

 

Break Fractal Line is breakout trend strategy based on fractal breakout indicator and Mega trend. This strategy works best with currency pairs in trend.

This is an good intraday forex strategy.

Time Frame 1 min or higher.

 

Financial market:any.

Metatrader Indicators:

Break Fractal Line with fractal period 5;

Zig Zaf version 2.3;

Megatrend 144 3.

 

Trading rules Break Fractal Line

 

Trades only in the dirrection of the trend.

The trend is determined by megatrend.

blue line trend up;

red line tren down.

 

Buy

Blue line trend up.

Break fractal buy arrow.

 

Sell

Red line trend up.

Break fractal buy arrow.

 

 

Exit position when the megatrend changes directio or with profit target predetermined that depends by currency pairs and time frame.

In the pictures Break Fractal Line in action.

 Break Fractal Line
Break Fractal Line
fractal breakout
fractal breakout
fractal breakout
fractal breakout
Break Fractal line.rar
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