This is just the beginnings of something to aid in this strat. This kind of Ea is difficult to test in the tester as it doesn't open or close any positions. At the moment all this should do is pop an alert when the most recent fractal is pierced. ...

Power of Two System

It's a clear picture with a murky future. With only 1 bounce it's hard to say. It respects them until it doesn't. I think we will at least get a retrace and maybe more. 4 hour close above 1.0990 would make me think it will continue up. I will try to ...

EURUSD Only

I don't think longs are iron clad yet.

EURUSD Only

I wonder if some of this comes from different brokers showing fractals differently as we have seen. What some see as a NFT may show up as an FT retracement to others.

Power of Two System

4 hr dxy makes me think we may see some retracement of Friday. Have to see if it bounces from 102.20 or not.

The Swamp

Possibly, at the end of Friday USD/CAD did look like it wanted to start a retrace. Gaps will always be filled but the problem is the timing. Could be monday, could be 6 months from now. DXY tends to close gaps quicker than others. In this case I do ...

The Swamp

USD/CAD also looks ready to retrace down. I have gaps in USD/CAD at 1.3350 and EUR/USD at 1.0885

The Swamp

options expire at 10 am EST

The Swamp

Thank you to cpfleger for sharing all of the tools and motivation. Here is an indi to play with. It is a non repainting arrow indi.

M1 Countertrend Scalping Strategy

image

Power of Two System

NZD/USD is looking like a NFT in 20 minutes

Power of Two System

I'd be careful downloading zips or rars. No reason not to upload indi's and templates individually

Power of Two System

For now I have booked that long and shorted 1.0904 for a return to discount.

Power of Two System

4 hr fractals are the red lines, rest is just a fib Fib is drawn between the 4 hr fractals to find the mid and possible extension targets

Power of Two System

Charts as I'm seeing them.

Power of Two System

I finally got a new fractal low on the 4 hr. Mid point for me is 1.0887. With fib expansion I'm targeting 1.10265 with longs.

Power of Two System

Maybe, or maybe the others shouldn't have seen one

Power of Two System

With no new fractal low on the 4hr this is still just an extension of the last bullish NFT. I have to look for longs.

Power of Two System

I still don't see a new 4hr fractal on the low side as of yet.

Power of Two System

chart with fib target I mentioned earlier. image

Power of Two System