Coinbook video of latest fractal support and resistance idea

15 Apr 2020

I thought it would be interesting to show a strategy that I've recently built that showcases support and resistance lines that connect the bottoms and tops of fractals. In this case I skip two fractals and line up the most recent with the fourth most recent (4th, skip 2&3, 1st). This has generated a bunch of support and resistance lines. It's very interesting and shows a good return. Most recently this strategy is short bitcoin so I'll publish as short, but the side switches every month or so.

As long as I have time, I have been creating backtests for free at coinbook.com/test-my-trading-strategy.