Break Fractal Line is a forex trading system. It is a trading system which generates trading signals on the basis of fractal indicator. Although Break Fractal line is a simple forex trading system, it is not recommended for newbie traders as it can be little confusing for them. Break Fractal Line is a highly profitable forex trading system. Break Fractal Line showed very impressive results during its back testing phase. Break Fractal Line consists of three indicators. When all these indicators are combined, they give very precise trading edge. While trading with this forex trading system, choose the pairs which are more volatile.
It is a trend following system therefore you should place your position in the direction of the trend only. When Break Fractal Line is correctly installed on your trading platform, your chart should look like this:
- Hull Moving Average
Hull Moving Average is a technical indicator which is basically a moving average but it changes its color as per the change in the trend of the market. When the market is up, Hull Moving Average is blue and when the market is down, Hull moving average is red. It is one of the major indicators of this forex trading system.
- Break Fractal Line
This indicator is the up and down silver color caps that you can see in the above charts. These caps allow you to know the potential reversals in the market. This indicator also consists of blue and red arrows. These arrows are used for buying and selling purposes.
There is another indicator called UDIN which looks like Bollinger bands but this indicator will not be used here to generate trading signals.
Buying Conditions Using Break Fractal Line system.
- Market should be above the Hull Moving Average.
- A blue arrow should appear below the market.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when a red arrow appears above the market.
Selling Conditions Using Break Fractal Line.
- Market should be below the Hull Moving Average.
- A red arrow should appear above the market.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when a blue arrow appears below the market.
Open demo account to test this system.
Download Free Forex Break Fractal Line System
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