Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. Fractals trading: Bill Williams' Chaos Theory. Fractals indicator is one of five indicators of Bill Williams trading system. Enable Hedging - whether or not to enable hedging Hedging is opening of opposite type of trades, used to counter losses from a losing trade. The type of Heiken Ashi candles can be customized by the trader, who has the possibility to set the moving averages method (smoothed, exponential, simple, linear period or shift, for the trend detection as well as trade entry signals. Consecutive fractals going in the same direction that are formed after the first order if triggered can be used to add on to an open trade. As trend (up or down) progresses a successive break and advance of new fractals will be seen.
Simple and versatile, fractals can be used as a stand-alone indicator or in combination with other Forex indicators. Bill Williams also gives us his approach to using fractals in trading, which we are going to highlight here as well. Download indicator: 4 How to trade with Camarilla indicator. Camarilla Equation is known among forex traders as Camarilla pivot points. Camarilla pivots are used for intra-day trading, it is a tool for Forex scalpers and short term traders alike.
MinProfit - if Close basket of trades at MinProfit is enabled and there are opened opposite trades on the chart (buys and sells the EA will close all of them when their profit reaches this amount. Then use the same Stochastic settings within to trade using the grid. It often happens that traders get too greedy or too scared and so they poorly manage an opened trade. To prevent this, our forex grid expert advisor can safely decrease the lotsize of the next grid trades. Set to true to close only if the profit is positive Close trades at opposite Heiken Ashi trendsignal - whether or not to close the trade/s if the trend changes and there is a buy or sell signal, depending on the trend Close opened winning. This entry signals can be validated by another safety feature - if the trader wants to use it - that is the swing zone confirmation.
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