Forex Bollinger Bands Breakout Binary Options Strategy
Forex Bollinger Bands Breakout Binary Options Strategy:
This 5 min Binary Options Strategy High/Low is based on the Bollinger Bands Breakout Method.
Markets: any.
Rules for: 5 min Bollinger Bands Breakout Binary Options Strategy High Low
Time Frame 1 min: expires time 5min
Metatrader Indicators:
ATRRatio indicator periods( 7,14,1);
Turtle Channel indicator (20-10);
Bollinger Bands (20, 1).
General Condition: trade only in diretion of the trend indicated by Turtle Channel indicator.
Buy Call
The Trend is up: Turtle Channel line Dodge Blue below the price;
ATR Ratio Value > gray line;
The price close out the upper band of the Bollinger Bands;
Buy Call at open next bar.
Buy put
The Trend is up: Turtle Channel line red above the price;
ATR Ratio Value > gray line;
The price close out the lower band of the Bollinger Bands;
Buy put at open next bar.
This Binary Option Strategy High-low: 5 min Bollinger Bands Breakout is also a good trading system for other financial instruments: Stocks, Forex, CFD.
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 Bollinger Bands Breakout Binary Options Strategy?
- Download Forex Bollinger Bands 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 Bollinger Bands 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”.