Fractalsline Indicator: Hello, this par of profitunity that I discovered on some web site. There have been a minimum of 20 indicators making up the system lol. I stripped it all the way down to this indicator solely.
Timeframe of Fractalsline : 1hr, 4hr, every day
Currencies of Fractalsline Indicator: In the mean time I have never examined on something so any forex is nice for testing
Purchase rule: Look forward to value to shut under decrease line, than await value to shut above the decrease line. Enter at subsequent bar open.
SL= under the bottom low when decrease line was damaged. Use widespread sense. If the sl is just too large use 2x Atr max or one thing. TP= that is optionally available however I might use 5 pips under the higher line.
Promote rule: The whole lot reverse from purchase guidelines.
The chart I posted is 1hr and take earnings appear too small however Im too lazy to undergo 4hr so do it by yourself and put up right here.
Hooked up Picture (click on to enlarge)