Chaos Fractals Expert Advisor Setup - Setting Up Chaos Fractals Expert Advisor

Chaos Fractals Expert Advisor Setup - Setting Up Chaos Fractals Expert Advisor - A trader can come up with an Chaos Fractals Expert Advisor based on the Chaos Fractals indicator explained below.

Chaos Fractals Expert Advisor rules can be combined with other indicators to come up with other EA Robots that trade using rules based on two or more indicators combined to form a system.

Chaos Fractals Analysis & Chaos Fractals Signals

Developed by Bill William

A fractal is formed by three price bars

It's used to detect the bottom or the top.

Up Fractal- defined as a middle bar with 2 lower highs on every side (A- shaped)

Forex Up Fractals - Chaos Fractals Automated EA - Setting Up Chaos Fractals Expert Advisor

Up Fractal - Chaos Fractals Expert Advisor Setup

Down Fractal- defined as a middle bar with 2 higher lows on every side (V-shaped)

Forex Chaos Fractals Expert Advisor Setup - Setting Up Chaos Fractals EA

Up Fractal - Forex Chaos Fractals EA Setup

Technical Analysis & How to Generate Signals

Break Out Trading

The breakout method of using fractals to initiate trades is to take trades based on the direction of a price break-out above or below most recent fractal.

Buy Trading Signal

If the market price breaks above the recent most Up Fractal enter long.

Stoploss should be placed below the lowest low of the most recent Down Fractal or the second recent most Down Fractal.

Chaos Fractals Automated EA - Fractals Expert Advisor MQL4