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REQ - Steinitz Fractal Breakout

smokey22

Member

Attachments

  • Steinitz Fractal Breakout Custom Indicator.pdf
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  • Steinitz Fractal Breakout Indicator_v1.2.ex4
    17.8 KB · Views: 6
  • Steinitz_Fractal_Pterodactyl_v1.42.mq4
    128.6 KB · Views: 8
Thanks for posting this guys! I bought the "No-Loss" robot when it came out, and it left a bad taste in my mouth. Steinitz got a lot of bad reviews on the net, so I lost faith in his stuff.

But I must admit I like this system a lot. Nice simple system, and it filters a lot of false signals with the classic "Next higher timeframe" confirmation. Just started with it yesterday and 3 pairs hit targets. You can see in the pic the GBP/USD went to all three fibo targets (which until now I never used fibo), and then bounced right off resistance. Currently have 2 pairs trading that hit 2 out of 3 targets already and are at break-even. So far so good, I slept on this one!
 

Attachments

  • fractal breakout.jpg
    fractal breakout.jpg
    26.5 KB · Views: 12

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