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Do something
Wait
Yes
No
Information
Yes
Draw a vertical line on the last candle. Draw a vertical line on the last candle.
Yes
Check the 30 minute chart every 30 minutes. Has the direction changed?
No
Check the market direction. Is it the same? Check the market direction. Is it the same?
No
Check the 30 minute chart every 30 minutes. Has the direction changed?
No
No
Yes
Yes
Find the last down fractal and place the stop loss at the tip of this fractal.
Find the next pivot point up from the entry and place the prot target.
Find the next pivot point down from the entry and place the prot target.
Enter the volume 0.01 lots for every $100 you have in your account.
Yes
Yes
No
No
Adjust pending stop to the tip of the new conrmed down fractal.
No Yes
Yes
Cancel pending order.
No
Yes
Trade nished, go back to step 1/5.
Yes
Adjust the stop loss to the tip of the new conrmed down fractal if it is above the last down fractal only.
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Yes
No
No
Check the market direction. Is it the same?
Yes
Trade nished, go back to step 1/5.
No
Has a new conrmed down fractal appeared?
No Yes
No
Wait ve minutes.
No
Wait ve minutes.
Broken up fractal
The candle has broken the line placed at the fractal
Conrmed fractal
Two candles have formed after the candle where the fractal formed
Adjust pending entry to the highest price under the new conrmed up fractal.
Yes
Find the last conrmed up fractal (or wait for one to form) to the right of the vertical line and place a buy stop order at the high of the candle below the fractal.
Find the last conrmed down fractal (or wait for one to form) to the right of the vertical line and place a sell stop order at the low of the candle above the fractal.
Find the last up fractal and place the stop loss at the tip of this fractal.
Enter the volume 0.01 lots for every $100 you have in your account.
Wait ve minutes.
No Yes
Adjust pending entry to the lowest price above the new conrmed down fractal.
Yes No
Cancel pending order.
Adjust the stop loss to the tip of the new conrmed up fractal if it is below the last up fractal only.