Fractal Breakout Retest
Uses daily highs/lows as structural levels and trades breakouts with retest confirmation for high-probability entries.
Key Indicators
Daily High/Low
Fractal Points
Volume Confirmation
1-minute Reversals
Market Structure
How It Works
Tracks daily high and low prices
Detects breakout: Price closes beyond daily level + volume
Enters RETEST state: Waits for pullback back toward level
Confirms on 1m reversal: Multiple touches to level, RSI confirmation
State progression: IDLE → BREAKOUT → RETEST → REVERSAL → ENTRY
Confidence scoring based on retest touches
Position size scales with confidence
SL on local 1m high/low
Entry Conditions
Long Trade
- Price breaks above daily high
- Volume confirms breakout
- Pullback to daily level (retest)
- 1m reversal candlestick forms
- Confidence >= threshold
Short Trade
- Price breaks below daily low
- Volume confirms breakout
- Pullback to daily level (retest)
- 1m reversal candlestick forms
- Confidence >= threshold
Advantages
Works with major market moves
Clear structural levels
Multiple confirmation layers
Good R/R ratios (1-2% targets)
Low false signal rate
Requirements & Best Markets
Technical Requirements
Daily candle data, Volume profile, Multi-timeframe candles (daily + 1m), Market structure analyzer
Best Trading Markets
Any timeframe, Daily breakout patterns, Post-consolidation moves, Strong trend days
Ready to Use This Strategy?
Configure this strategy in your EDISON settings to start trading.
View Configuration Guide