- Components:
1)
EMA 8 moves above 24: Candles Flip Green
EMA 8 moves Below 24: Candles Flip Pink
2)
Bull Div - Blue Candle
Bear Div - Red Candle
(On Mac D)
3)
Williams Fractals
Was designed on the 6 Hour Chart.
- Settings need to be adjusted:
Deslect the normal candles by right clicking the chart description in the top left and select "hide"
Hide the EMAs (i sometimes show the EMA 24) in the FILBFILB settings
Select the wick colour to grey in the FILBFILB settings
The Way i use this to:
- Use Stops based on Fractal points
- Enter Trades Long when flip Green Bear when flip Pink
- Hedge on Red Candles when in bull trend, unhedge when Blue (vica - versa in bear trend)