91# Money Makers Pro Trading System
Fractal breakout with 1-2-3 pattern
Aggressive Setup Breakout Trading
Money Makers Pro Trading System is a fractal breakout strategy filtered but at the same time is also 1-2-3 pattern strategy but filtered by fractal breakout direction. The result of this trading experiment is a cyclic trading system with market entry timing based 1-2-3 breakout pattern.
This very interesting and very aggressive trading idea can then be easily managed by different types of money management.
Time Frame 15 min or higher.
Currency pairs: any.
Money Management: all.
Metatrader 4 Indicators:
ZZ semafor (default setting).
Fractal period 25 (high period 3-low period 2).
Panel trend mini dashboard.
1-2-3pattern V.6 (updated).
Trading rules Money Makers Pro Trading System
Trades only in the direction of the fractal arrow.
Buy arrow of the fractal indicator
Re-entry buy arrow of the 1-2-3- pattern
Sell arrow of the fractal indicator
Re-entry Sell arrow of the 1-2-3- pattern.
Note: Max two re-entry in the same direction. The double entry technique can be applied to this strategy.
Trading only with the first arrow (the fractal), the Martingala with Max multiplier 1.65 is also used as money management.
Place initial stop loss 3-10 pips above/below the previous swing high/low depends by pairs and time frame. If the position goes up, move the stop loss above / below the next fractal.
Profit target ratio stop loss 1:1.12. If you use a quick profit the profitability is very high. On the fractal arrow the profit can be higher.
Examples of trades.
Examples of trades only first arrow
Telegram Channel: https://t.me/freeforexresources
More examples in the video.
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