How to create EA with Fractals indicator
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FOR SELL
When price breaks below the last 1 Hour low with fractal.bot should activate.Stop loss at the high with that broke the low Take Profit immediately after a spike wait for price to come down to 80% low of the new spikeFOR BUY
When price breaks below the last 1 Hour high with fractal bot should activate.Stop loss at the low with fractal that broke the high Take Profit immediately after a spike wait for price to come up to 80% low of the new spike -
Are those trades supposed tio be open after or before the breakthrough is confirmed? I mean, fractals are not confirmed until two candles closed after it was found.
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The Fractal indicator does not provide accurate buffers by default. I recommend creating a custom indicator first, with clearly defined buffers for both buy and sell signals. After that, the rest of the process won't be difficult.