21# Fractal and Moxo (Momentum Crossover) Trading System


Indicators:

1)Fractal;

2)Momentum (14);

 

 Long Entry position:

1)Buy Fractals are marked with a green "B"

above the high of the fractal bar;

2)Enter market when price rises to an amount

equal to or greater than two ticks above the

fractal bar's high.

3)A buy fractal is valid until it is hit.;

4)Signal bar is first MO bar that crosses zero line

from negative to positive;

5)Entry point is two ticks above high of

corresponding price bar;

6)A MOXO buy signal is valid until hit.

 

 

 Short Entry Position:

1) Sell Fractals are marked with a red "S" below

the low of the fractal bar;

2)Enter market when price falls to an amount

equal to or less than two ticks below the fractal

bar's low;

3)A sell fractal is valid until it is hit;

4)Signal bar is first MO bar that crosses zero line

from positive to negative;

5)Entry point is two ticks below low of

corresponding price bar;

6)A MOXO sell signal is valid until hit.


What should my initial stop loss be?

Long positions

In determining the first-bar stop loss for a long position, we will consider the lower of either

· the lowest low of the last three price bars (including the signal bar)

· or the lowest stability line below the low of the signal bar

Short positions

In determining the first-bar stop loss for a short position, we will consider the higher of either

· the highest high of the most recent three price bars (including the signal bar)

· or the highest stability line above the high of the signal bar.

Exit profit: Take profit or trailing stop.

Forex Indicator
frctal.rar
compressed file archive 662 Bytes
SignalStop.rar
compressed file archive 4.6 KB
SST_Trail.rar
compressed file archive 1.6 KB

 

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