Fractal Breakout Strategy by ceyhun
By ceyhun
Performance Metrics
- Author: ceyhun
- Symbol: BITMEX:XBTUSD
- Timeframe: 4 hours
- Net P&L: +1,607.00 USD (+1.60%)
- Win Rate: 35.3%
- Profit Factor: 1.024
- Max Drawdown: 4,772.00 USD (4.77%)
- Total Trades: 201
- Sharpe Ratio: −0.065
Description
Mar 16, 2020FractalA type of pattern used in technical analysis to predict a reversal in the current trend. A fractal pattern consists of five bars and is identified when the price meets the following characteristics:1. A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it.2. A shift from an uptrend to a downtrend occurs when the highest bar is located in the middle of the pattern and two bars with successively lower highs are positioned around it.May 25, 2020Release Notesbugs fixed