Fractals-4 EA is a Combined High Volatility Breakout Trading and Low Volatility Breakout Trading System.
Many people believe that the markets are random. They believe, like Burton G. Malkiel in his book A Random Walk Down Wall Street that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager.
We do not subscribe to such an idea, but truly advocate the idea that focused attention to the market and rigorous analytical activity will yield solid predictions. High Volatility breakout trading systems are based on the premise that if the market moves a certain percentage from a previous price level, the odds favor some continuation of the move. This continuation might only last one day, or go just a little bit beyond the original entry price, but this is still enough of a profit to play for. A trader must be satisfied with whatever the market is willing to give
Low Volatility Breakout is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become
profitable in a Low Volatility market. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a directaccess broker and the stamina to place many trades is required for this strategy to be successful.
