Forex BB Top Breakout Binary Options Strategy
Forex BB Top Breakout Binary Options Strategy;
Binary Options Strategy: Bollinger Bands Breakout is an intraday strategy based an breakout of the Support an Resistence.
This Binary options strategy is very effective and accurate.
Time frame 30 min
Expires time 120 min
Forex Indicators
Bollinger bands (20 simple moving average, 2 standard deviation);
Show 1-2-3.
Rules for Binary Options Strategy: Bollinger Bands Breakout
Draw two lines: 1°on the level of the Rh High and 2° on theRh Low
Buy Call
When the price previously broken the lines on Rh high & then closed above the upper bollinger band, open a buy call position at opening of the next bar.
Buy Put
When the price previously broken the lines on Rh low & then closed above the upper bollinger band, open a buy put position at opening of the next bar.
Open two positions during the same breakout only if the price retraces on the moving average (20 periods).
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 BB Top Breakout Binary Options Strategy?
- Download Forex BB Top Breakout 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 BB Top Breakout 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”.
