How to make your own Trading Descisions - Entry SIgnals

9 de jun. de 2022

Our specialty is AUDUSD but our Technical Analysis is Great.
This is a Live Test and a Tutorial on an Entry SIgnal called Fractal.
We use it a lot when making trading decisions and you can use it too.

Here are parameters you can add to your Trading Bot:
0) First Candle High
1) First Candle Close
2) Second Candle High & Close
if (Second Candle Close < First Candle Close) and (Second Candle High > First candle High)
# once the first statement passes, we check the third candle
3) Third Candle Close
If (Third Candle Close < First Candle Close) or (Third Candle Close < Second Candle Close)
Once all the Parameters are Complete, we move to code execution.

NOTE:
Sometimes the movement starts before the third candle closes.
We sometimes move to a few candlesticks lower to get a better view.
1D, 4HR, 15M, and 3M Depending on where the Fractal is Identified.

NOTE:
This Is not a stand-alone INDICATOR.
We combine it with Support and Resistance.
We combine it with Price Pattern Analysis.
We combine it with Fundamental Analysis

Like, Follow, Share. Hit me up if you want to build this on TradingView. Using PineScript.