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Courses
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Robots
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- What is the difference between EA Trading Academy's free and premium robots
- Which broker should I use to trade the Robots?
- Do I need a VPS to trade with Robots?
- Can I use Robots on cryptocurrency exchanges?
- How to trade with many EAs in the US? (FIFO solutions)
- I placed the EAs over the charts, but no trades are opening
- Is it possible to trade cryptocurrencies with Robots?
- Why do my trades not match on Demo and Live accounts with the same EAs?
- Why do some of the EAs in the courses not have SL and TP?
- Do the EAs have money management integrated?
- What returns should I expect from the robots
- Can I use Grid EA (like Waka Waka) on Prop Firms?
- Can you pass a challenge for me and manage my Funded account with the FTMO EA?
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- Articles coming soon
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Strategy Builders
- What are the main differences between EA Studio and FSB Pro?
- Is there a difference between the trial period and the license?
- Why is the backtest on EA Studio/FSB Pro different from the backtest in MetaTrader?
- Can I use Custom indicators on EA Studio or FSB Pro?
- What are the limitations of the EAs during the free trial?
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- Articles coming soon
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General Questions
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Indicators
Fractals
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Fractals are repeated, easily recognizable patterns that occur within chaotic marketplaces. They’re used to identify reversal points in the market. Traders use them to try to gain insight into the direction in which the price will develop.
If the price has struggled to rise higher, you’ll have an up fractal. Likewise, when the price has struggled to go lower, a down fractal will form. Five or more bars typically form a fractal.
After the fractal indicator finds points in the graph that could be reversals, it draws arrows to indicate where they are. You can identify both bearish and bullish turning points by using fractals.
A bearish turning point has a higher high in the middle with two lower lows on both sides. A bullish turning point has a low bar and two higher lows on both sides.
Fractals are lagging indicators, so they can’t be drawn until the market is actually in the reversal. However, the reversal will continue for a while, so that the trader who recognizes it early can profit
Assessing Fractals
The Alligator has to be used to filtrate fractals and give you a clear picture of what is happening. Never close a buy without checking to make sure that the fractal is higher than the Alligator’s Teeth. If the fractal’s lower, you shouldn’t close the buy..
If you’re thinking of selling, check that the fractal is lower than the Alligator’s Teeth. If the fractal is higher, don’t close the sell transaction at that point..
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