Forex Trading System With Fractal Dimension And EMA

This FX trading system may look a bit complicated at first glance, but it’s quite easy to understand and pretty accurate from my experience.

Just follow the rules as outlined below to make this work for you.

Chart Setup

Indicators: BarTimer, EMA-Crossover_Signal, fractal_dimension, Forex_Trend_Signalsv1 (all default indicator settings)
Preferred time frame(s): 5 Min and above
Trading sessions: Any
Preferred Currency pairs: Any

Download

Download the Forex Trading System With Fractal Dimension And EMA for Metatrader 4.

USD/JPY 1 Hour Chart

forex-fractal-dimension-system

The chart above illustrates a valid buy trading signal. Check out a full explanation of the buy trading rules below. Click the chart to enlarge.

Trading Rules

Buy Rules:

  • Criteria #1: FDI (fractal_dimension) indicator has to be red and below 1.5 (trending market)
  • Criteria #2: BUFU_Trend_Signals (Forex_Trend_Signalsv1) has to be green (bullish trend)
  • Criteria #3: Green up arrow appears on the chart (short-term bullish signal)

Enter buy position. Set protective stop-loss 2 pips below the previous swing low price (low risk trade).
Price objective: Close your trade for at least 1.5 risk-to-reward (i.e. risking 100 to make 150).

Sell Rules:

  • Criteria #1: FDI (fractal_dimension) has to red and below 1.5 (trending market)
  • Criteria #2: BUFU_Trend_Signals (Forex_Trend_Signalsv1) has to be red (bearish trend).
  • Criteria #3: Red down arrow appears on the chart (short-term bearish signal).

Enter sell position. Set protective stop-loss 2 pips above the previous swing high price.
Price objective: Close your trade for at least 1.5 risk-to-reward (i.e. risking 50 to make 75).

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