The Fractal Guru Strategy - Forex Strategy Resources

Time Frame : 15mins and above
Indicators : average Movement that is directional Index ADX (Settings : 14) and Fractals

History on Fractals and ADX?
ADX Indicator or Average Directional Movement Index offers you a reading of how strong the marketplace is trending. We shall make use of this to our favor and combineit with Fractal Indicator to choose a probability trade that is high. These indicators is found by standard in your indicators list on your Metatrader 4 platform. Fractals reveal peaks and dips. To spell out it easier, a Up Arrow Fractal forms whenever there is a lower high on both general sides of a candle. A DownArrow Fractal forms when there will be higher lows on both relative sides of the candle. Please be aware that fractals will just form if the candle closes with the provided criteria of high lows or lower highs on both sides.

Understanding The Fractal Guru Strategy

Once the ADX is trending by seeing the line that is blue steadily, we look for Fractals to leap in the trend. We usually do not take all Fractals, just the ones withtails pointing to your Fractal. Let me explain this in a bit increased detail and since easy as possible with a few examples. (I will be posting a video clip tutorial with this to aid appreciate this method.)

Longer (Buy) Positions Making Use Of The Fractal Guru Strategy
- in the ADX, the dotted green is above dotted red and the solid line that is blue be steadily increasing
- search for a Candlestick with an end pointing to a Down Arrow Fractal
- whenever you see this Down Arrow Fractal, enter Long.
- Put stops 5 pips below the lower associated with Fractal Candle.
- Exit making use of cash that is appropriate or upon the cross regarding the dotted green and red lines in the ADX.

Short (Sell) Positions Utilizing The Fractal Guru Strategy
- regarding the ADX, the dotted line that is red be above dotted green line as well as the solid blue line should be steadily rising
- search for a Candlestick with an end pointing to a Up Arrow Fractal
- whenever you see this Up Arrow Fractal, enter Short.
- Put stops 5 pips above the high of the Fractal Candle.
- Exit using cash that is proper or upon the cross of the dotted green and red lines in the ADX.