Forex trading strategy #13 (The Fractal Guru Strategy)
Submitted by User on June 4, 2009 - 04:24.
Hello Edward - Here is another strategy your viewers may like.
Warm Regards,
Navin Prithyani
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Time Frame : 15mins and above
Indicators : Average Directional Movement Index - ADX (Settings : 14) and Fractals
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The Fractal is a 5 bar pattern, so you cant really enter on the open of the second bar of the pin bar, you will have to enter on the close of the 2nd bar..
if you enter at the second the price may go down past the wick of the pin and then there will be no fractal.. This still maybe ok as a strategy but you cant back test this... unless you use the close of 5th bar..
I could not be able to see +DI and -DI in my ADX indicator. Can you help me. I am using FXCM Trading station II
You need support from your broker - FXCM..?
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