Forex 3 Bars High Low Binary Options Strategy
Forex 3 Bars High Low Binary Options Strategy:
Markets:Forex, Stocks, Futures, Commodities, Tresury Bond.
This Binary options strategy High/Low is for time 60 min or higher.
Indicator
Trend indicator;
ADX( 14) >19 optional filter.
Works only in trend
Setup:2 bars in sequence bars must be either bullish or bearish. Also it must be in slope.
Entry At open 3° candle.
In the example below (GBP/USD H1) we have the formation of the 5 patterns 3 bars bullish with five victories.
This Strategy is also a Scalping System exit for scalping at close bar or with fixed Profit Target.
Place stop loss at low or high of the 2° Bars.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex 3 Bars High Low Binary Options Strategy?
- Download Forex 3 Bars High Low Binary Options Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex 3 Bars High Low Binary Options Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
