Price Action Fractal Scalping Trading System

  • Time Frame:5min
  • Pairs: EUR/USD, AUD/USD, GBP/USD

Metatrader Indicators:


  • Fractal,
  • 6EMA, 12EMA, 34EMA
Long Entry:

  • 6EMA is higher than 12ema which is higher than 34ema;
  • The Up Fractal need to form above the EMAs for LONG;
  • We open a buy trade when the price is higher than the Up Fractal by 2 pips as shown in the following picture.

 

Short Entry:


  • 6ema is less than 12ema which is less than 34ema;
  • The Down Fractal needs to form below the EMAs for SHORT ;
  • We open a short trade when the price is lower than the Down Fractal by 2 pips.

Exit


  • The trade will exit by itself after we set the stoploss just below the previous up fractal for short trades or just below the down fractal for a long trade. The takeprofit :6 pips AUD/USD, 8 pips EUR/USD, 10/pips GBP/USD.

In the picture below an example of how works the strategy.

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