The Fractal Guru Strategy
fractal_guru_strategy.jpg
Time Frame : 15mins and above
Indicators : Average Directional Movement Index - ADX (Settings : 14) and Fractals
Strategy by : Navin Prithyani
Long (Buy) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted green should be above dotted red and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Down Arrow Fractal
- When you see this Down Arrow Fractal, enter Long.
- Place stops 5 pips below the low of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Long Position Example 1 :
fractal_guru_example1.jpg
Long Position Example 2 :
fractal_guru_example2.jpg
Short (Sell) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted red line should be above dotted green line and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Up Arrow Fractal
- When you see this Up Arrow Fractal, enter Short.
- Place stops 5 pips above the high of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Short Position Example :
fractal_guru_example3.jpg
I have created a tutorial video about this strategy on youtube.
Please share your thoughts and fine tuning if available.
Thank you for letting me post here.
- Navin
The Fractal Guru Strategy
Linear Mode
