MTF Support & Resistance Fracatal / Tweezer & PinBar combination EA system

MQL4 Indicators Experts

Job finished

Execution time 3 days

Specification

3 Indicators [MTF Fractal & Tweezer & PinBar]

  • 1H time frame with display a 4H support & resistance fractal period.
  • Each dot = a fractal period.  The 1H chart can display 1-4 dots = the 4H candle.
  • Tweezer indicator has its own setting & PinBar indicator has its own setting

Trading scenario


Sell /Short

  • At least 1 Resistance Fractal dot printed. Note- that max is 4 dots
  • Tweezer or PinBar Candle is printed in the Resitance Fractal set
  • The Tweezer or Pinbar high(price) must be in the designated fractal price range value
  • Provide pip range setting.  The high of the Tweezer or PinBar  must be 10 pips within fractal price range value
  • When the conditions are met, the Tweezer or PinBar candle sets the entry price
  • Provide % Candle Entry setting.  Trigger sell at 50% of Tweezer or PinBar candle
  • Provide 3 option setting for TP & SL (Manual SL/TP & ATR SL/TP) same as the last EA. 3rd option is Fractal – when 1 Support Fractal dot is printed then close trade for TP.  SL = when price is 20 pips Above the Fractal price value.
  • Provide pip range setting for SL Fractal range value

Buy /Long

  • At least 1 Support Fractal dot printed. Note- that max is 4 dots
  • Tweezer or PinBar Candle is printed in the Support Fractal set
  • The Tweezer or PinBar Low (price) must be in the designated fractal price range value
  • Provide pip range setting. The low of the Tweezer or PinBar must be 10 pips within fractal price range value
  • When the conditions are met, the Tweezer or PinBar candle sets the entry price
  • Provide % Candle Entry setting.  Trigger Buy at 50% of Tweezer or PinBar candle
  • Provide 3 option setting for TP &SL (Manual SL/TP & ATR SL/TP) same as the last EA. 3rd option is Fractal – when 1 Resistance Fractal dot is printed then close trade for TP.  SL = when price is 20 pips Below the Fractal price value close trade
  • Provide pip range setting for SL Fractal range value.


Additional Options: (printed Tweezer or PinBar before and after printed MTF Fractal)   


Pre-Tweezer or PinBar & Pos Tweezer or PinBar Fractal (There are times when a printed Tweezer or PinBar is 1 candle out of the printed Fractal Range)


  • Pre-Fractal Tweezer or PinBar (True / False)  when True, if a Tweezer  or PinBar Candle is printed as the 1st candle BEFORE the start of the Fractal period range is printed then run EA rules
  • Pos-Fractal Tweezer or PinBar (True / False) when True, if a Tweezer or PinBar Candle is printed as the 1st candle AFTER the end of the Fractal period range is printed then run the EA rules


Push Notifications:

1 for Signal: Tweezer Buy or Sell / PinBar Buy or Sell

1 for Trade






















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