Fractal with moving average and alert for MT5 and MT4

Indicator and Settings

1) Fractal - Periods 2 to 5, 2 by default

2) Moving average - Length = 20

Fractal up & down settings

1) Fractal up if fractal above MA(20), close price candle > MA(20)

2) Fractal down if fractal under MA(20), close price candle < MA(20)

3) If Candle fractal = pinbar or doji (body < 20% of total candle) don t take this one as a Fractal, ignor it

4) Don t take in consideration Candle with up and down signal

Long enter strategy

1)     When price hit fractal level + range( see pics attached)

2)     Range = Price High of that candle + 0.1% of price

3)     Take profit = Full candle price range ( candle high – candle low)

4)     Stop Loss –  0.1% under LowCandle (close 50% of trade) and 50% if price hit the last short level

Short enter strategy

1)     When price hit fractal level + range ( see pics attached)

2)     Range = Price low of that candle – 0.1% of price

3)     Take profit = Full candle price range ( candle high – candle low)

4)     Stop Loss –  0.1% above HighCandle (close 50% of trade) and 50% if price hit the last long level

Other:

strategy for mt5 and 4

alert for buy and sell market direct on the platform

i use time frame 1 hour and 4 hour so i ll need to see 4h signal in 1h time frame.

For more info pls contact me

thx you

George