With the Fractal Pattern Scanner, you can choose to trade with both breakout and reversal price fluctuations. The fractal pattern scanner does this by detecting the mother wave and displaying a probability graph. The screenshot attached gives you a clear idea of how to do that. Mother wave detection provides important clues for predicting both inversion and breakout movements.
Throughout your trading career, you can specialize in either breakout trading or reversal trading. If you are willing, you can specialize in both. Here are two detailed articles on breakout and reversal trading. Be sure to read these two articles before choosing a trading style.
Click here for an article on how to use reversal trading.
Click here for an article on how to use breakout trading.
Before reading the above article, if you haven’t read this most basic and most important article yet, read it first.
Other education-related articles can be found here.
Use this short article on setting up a fractal pattern scanner.
Breakout Trading or Reverse Trading –Trading System –June 6, 2021
https://www.mql5.com/en/blogs/post/744237?utm_campaign=RSS&utm_medium=display&utm_source=MQL5+EN+Blog Breakout Trading or Reverse Trading –Trading System –June 6, 2021