Skip to content
All library documents

Fractal Alignment Trading with Daily Bias and Session Filters

Article Strategy library · Author: LVWD_MVSH

Summary

This partial strategy script outlines a fractal-based trading system with configurable risk, exits, trading hours, and display options. It derives a daily directional bias from recent daily highs and lows: a middle low bounded by higher neighboring lows is treated as bullish, while a middle high bounded by lower neighboring highs is treated as bearish. The visible code also defines a session window, defaulting to hours 9 through 14 in GMT+3, and includes a toggle for applying that filter. Risk inputs include a per-trade risk percentage, a stop buffer beyond a pivot, two reward-to-risk targets, partial exits, and a trailing stop.

The document is truncated before the entry and exit logic is fully shown, so it does not establish precisely how the fractals, bias, or filters govern orders. It presents no backtest settings or performance evidence. The visible daily data requests use lookahead-on behavior, which may introduce future information in historical calculations; this is a material limitation for evaluating any eventual results. Treat the script as an incomplete strategy description rather than a validated trading method.

Key ideas

  • The visible system uses recent daily high-low patterns to assign bullish or bearish fractal bias.
  • A configurable intraday session filter defaults to hours 9 through 14 in GMT+3.
  • Risk controls include a pivot-based stop buffer, partial profit targets, and a trailing stop.
  • The excerpt ends before the strategy’s complete signal and order logic can be assessed.
  • Daily data requests visibly enable lookahead, which can compromise historical evaluation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.