EA119 Monster Fractal

EA119 Monster Fractal

Overview
Fractal EMA Smart Reversal EA is a powerful Expert Advisor that smartly combines the Fractal indicator and Exponential Moving Average (EMA) to detect high-probability reversal zones. The EA ensures trades are placed only when the price is at a configurable distance below or above the EMA, aligning with oversold (for buy) and overbought (for sell) conditions.

? Key Features

• Fractal Signal-Based Entries
  Trades are triggered by valid Fractal patterns to detect local market tops and bottoms.

• EMA Filtering
  Only executes:

  • Buy trades when a bullish fractal appears and price is below EMA by a minimum distance (oversold market condition).

  • Sell trades when a bearish fractal appears and price is above EMA by a minimum distance (overbought market condition).

• Grid Trading Options
  Enable grid mode to layer trades at a user-defined pip distance, useful in ranging markets.

• Flexible Risk Management

  • Take Profit in pips

  • Percentage-based Cut Loss (e.g., close all trades if account equity drops X%)

  • EMA Distance Filter (in pips) for trade filtering

• Fully Customizable Settings

  • Fractal confirmation type

  • EMA period

  • Minimum EMA distance

  • Grid step in pips

  • Max number of trades

  • TP and Cut Loss options

• Works on All Pairs and Timeframes (Recommended: M15–H1)

⚠️ Disclaimer

This EA is a tool to assist in trading and does not guarantee profits. Past performance is not indicative of future results. Use proper risk management and test settings on a demo account before going live. The user is fully responsible for any financial decisions made using this EA. This EA does not take your personal financial circumstances into consideration.