Trend Action with Fractal Support/Resistance is a trend-following strategy combining Price Action tactics for scalping Forex or trading binary options. It uses multiple indicators on M5 charts to generate clear entry signals for CALL or PUT options lasting 3 candles.
Strategy Parameters
- Currency pairs: Any
- Timeframe: M5
- Option duration: 3 candles
- Trading sessions: London, New York
- Risk management: Risk no more than 2-5% of deposit per trade
Indicators Used
The strategy requires these indicators, installed via a provided template:
- Fractal Support and Resistance
- Pivot and Psycolevel
- MA in Color (100, 3)
- NonLag MA (35)
- Support and Resistance
- Clive Histogram CCI
- Heiken Ashi Histogram
- Volumes Indicator
Indicator and Template Installation
Follow these steps to set up the chart:
- Unpack the archive with templates and indicators.
- Copy indicators to MQL4 > indicators folder.
- Copy templates to templates folder.
- Restart the terminal.
- Open the chart for your currency pair.
- Apply the Za_Trendom_Vol2_Reloaded template.
The chart should look like this:
Template for Trend Action with Fractal Support/Resistance strategy
CALL Option Buy Signals
Enter CALL when price is expected to rise, confirmed by these signals:
- NonLagMA(35) is green and above LWMA(100) (or crosses above it), which is also green.
- Bullish candle closes above NonLagMA(35).
- TrendCCI changes from red to green (earlier is better).
- Heiken Ashi Histogram is blue and breaks (or touches) the moving average.
- Volumes indicator is green.
CALL option buy signals
PUT Option Buy Signals
Enter PUT when price is expected to fall, confirmed by these signals:
- NonLagMA(35) is red and below LWMA(100) (or crosses below it), which is also red.
- Bearish candle closes below NonLagMA(35).
- TrendCCI changes from green to red.
- Heiken Ashi Histogram is red and breaks the moving average.
- Volumes indicator is red.
PUT option buy signals
Additional Tips
Use support/resistance levels as filters—avoid trades near these levels. This strategy works for both binary options and Forex scalping, making it highly versatile.
Download template and indicators
FAQ
What timeframe and expiry does this strategy use?
M5 timeframe with 3-candle expiry for binary options; rules adapt easily to Forex scalping.
Which sessions are best for trading?
London and New York sessions provide the highest signal reliability due to increased volatility.
How to manage risk with this setup?
Limit risk to 2-5% of deposit per trade by adjusting option size based on account balance.
