seikonan
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Please test this Expert Advisor, Fractal Wizard and forward your result.
FRACTALS-3
EXPERT ADVISOR
QUICK START GUIDE
Disclaimer
No claim is made by Forex Hope that the market information and/or trading methods shown in this manual will result in profits or will not result in losses. There is a substantial risk of loss in trading the Forex, or any other trading
vehicle for that matter. Past performance is not indicative of future results. Trading the Forex may not be suitable for all recipients of this manual. Always seek competent professional advice when considering any trade. All examples in this manual are for educational purposes only. All material and examples in this manual are based on information obtained from sources that are believed to be reliable, but which are not guaranteed as to their accuracy or completeness. Nothing in this manual should be construed, in any way, shape or form, as a solicitation of any offer to buy or sell any trading instrument. Forex Hope and
associates of Forex Hope have at times in the past and may now or at times in the future, trade or have traded any or all of the issues used as educational examples in the manual. Any thoughts or opinions expressed in this manual are subject to change without notice. No information provided in this manual should be construed in any way as an encouragement by the author, publisher or distributors to trade. Each trader must make his or her own decisions with regard to trading. Each trader must be responsible for his or her own decisions and his
or her own actions, if any. Reading this manual or parts thereof constitutes acceptance of and agreement to this disclaimer and exempts Forex Hope, the author, publisher and distributors
from any and all liability and litigation.
BASIC OF FRACTALS-3 EXPERT ADVISOR
Fractals-3 EA is a Volatility Breakout Trading System.
Breakout systems can actually be considered another form of swing trading,
(which is a style of short term trading designed to capture the next immediate
move). In other words, the trading system is not concerned with any long term
forecast or analysis, only the immediate price action.
Volatility breakout systems are based on the premise that if the market moves a
certain percentage from a previous price level, the odds favor some continuation
of the move. This continuation might only last one day, or go just a little bit
beyond the original entry price, but this is still enough of a profit to play for. A
trader must be satisfied with whatever the market is willing to give.
With a breakout system, a trade is always taken in the direction that the market is
moving at the time. It is usually entered via a buy stop or sell stop. The bit of
continuation that we are playing for is based on the principle that momentum
tends to precede price. There is also another principle of price behavior that is at
work to create trading opportunities. That is, the market tends to alternate
between a period of equilibrium (balance between the supply and demand forces)
and a state of disequilibrium. This imbalance between supply and demand
causes "range expansion", (the market seeking a new level), and this is what
causes us to enter a trade.
There are several ways to create short-term volatility breakout systems. I have
found that different types of systems based on range expansion test out quite
similarly.
Fractals-3 trading the breakout mode is by using "channel breakouts" which is
shown by 2 blue lines at your MT4 chart.
• If the price breaks, breakouts above or below the blue lines on your MT4
chart, then a trade is entered.
(NOTE: the breakout times need to be in the trading time zone specified at
the EA parameters).
Pros and Cons of Trading a Breakout System:
Like most systems, volatility breakout systems will clean up in high volatile or
runaway markets but tend to thrash when conditions get choppy or volume dries
up.
I believe they are still among the most profitable type oof system to trade, and I
also feel they will continue to be profitable in the long run. It is "durable" and
"robust", though it tends to deteriorate when too large of an order is placed.
Other information about this EA, you can make a careful study throughout the Guide.
We Shared we helping each other to find our better trading system and get more pips. Come get those pips
)
http://rapidshare.com/files/171671425/FRACTALS3-Instruction.pdf
http://rapidshare.com/files/171671470/Fractal_Wizard_EA.rar
http://rapidshare.com/files/171671343/FractalWizard.ex4
FRACTALS-3
EXPERT ADVISOR
QUICK START GUIDE
Disclaimer
No claim is made by Forex Hope that the market information and/or trading methods shown in this manual will result in profits or will not result in losses. There is a substantial risk of loss in trading the Forex, or any other trading
vehicle for that matter. Past performance is not indicative of future results. Trading the Forex may not be suitable for all recipients of this manual. Always seek competent professional advice when considering any trade. All examples in this manual are for educational purposes only. All material and examples in this manual are based on information obtained from sources that are believed to be reliable, but which are not guaranteed as to their accuracy or completeness. Nothing in this manual should be construed, in any way, shape or form, as a solicitation of any offer to buy or sell any trading instrument. Forex Hope and
associates of Forex Hope have at times in the past and may now or at times in the future, trade or have traded any or all of the issues used as educational examples in the manual. Any thoughts or opinions expressed in this manual are subject to change without notice. No information provided in this manual should be construed in any way as an encouragement by the author, publisher or distributors to trade. Each trader must make his or her own decisions with regard to trading. Each trader must be responsible for his or her own decisions and his
or her own actions, if any. Reading this manual or parts thereof constitutes acceptance of and agreement to this disclaimer and exempts Forex Hope, the author, publisher and distributors
from any and all liability and litigation.
BASIC OF FRACTALS-3 EXPERT ADVISOR
Fractals-3 EA is a Volatility Breakout Trading System.
Breakout systems can actually be considered another form of swing trading,
(which is a style of short term trading designed to capture the next immediate
move). In other words, the trading system is not concerned with any long term
forecast or analysis, only the immediate price action.
Volatility breakout systems are based on the premise that if the market moves a
certain percentage from a previous price level, the odds favor some continuation
of the move. This continuation might only last one day, or go just a little bit
beyond the original entry price, but this is still enough of a profit to play for. A
trader must be satisfied with whatever the market is willing to give.
With a breakout system, a trade is always taken in the direction that the market is
moving at the time. It is usually entered via a buy stop or sell stop. The bit of
continuation that we are playing for is based on the principle that momentum
tends to precede price. There is also another principle of price behavior that is at
work to create trading opportunities. That is, the market tends to alternate
between a period of equilibrium (balance between the supply and demand forces)
and a state of disequilibrium. This imbalance between supply and demand
causes "range expansion", (the market seeking a new level), and this is what
causes us to enter a trade.
There are several ways to create short-term volatility breakout systems. I have
found that different types of systems based on range expansion test out quite
similarly.
Fractals-3 trading the breakout mode is by using "channel breakouts" which is
shown by 2 blue lines at your MT4 chart.
• If the price breaks, breakouts above or below the blue lines on your MT4
chart, then a trade is entered.
(NOTE: the breakout times need to be in the trading time zone specified at
the EA parameters).
Pros and Cons of Trading a Breakout System:
Like most systems, volatility breakout systems will clean up in high volatile or
runaway markets but tend to thrash when conditions get choppy or volume dries
up.
I believe they are still among the most profitable type oof system to trade, and I
also feel they will continue to be profitable in the long run. It is "durable" and
"robust", though it tends to deteriorate when too large of an order is placed.
Other information about this EA, you can make a careful study throughout the Guide.
We Shared we helping each other to find our better trading system and get more pips. Come get those pips
)http://rapidshare.com/files/171671425/FRACTALS3-Instruction.pdf
http://rapidshare.com/files/171671470/Fractal_Wizard_EA.rar
http://rapidshare.com/files/171671343/FractalWizard.ex4
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