Forex Bollinger Bands Reversal Binary Options Strategy
Forex Bollinger Bands Reversal Binary Options Strategy;
Bollinger Bands Reversal with Platinum is a classic reversal strategy ever green.
The main feature of this strategy is when the price touches the upper or lower Bollinger Bands there is price reversal.
This Trading system is good for trading for Binary options or without Binary options.
Time Frame 5 min or higher.
Markets: Forex, Indicies and Commodities.
Expiry time for for trading with binary options high/low 4-7 candles.
Metatrader Indicators:
Bo0llitoucher (20, 2),
Platinum (trend alert indicator). The platinum indicator is Alarm indicator , a signal in the form of arrows corresponding color is displayed on a candle, and is not redrawn.
Buy call
When the price touches the lower band wait platinum buy arrow and open a buy position at opening of the next candle.
Sell
When the price touches the upper band wait platinum sell arrow and open a sell position at opening of the next candle.
Re-enter trades in same direction if the price do not touches the opposite band
Exit position
Make profit at the opposite band band or ratio stop loss 1:1.
Place initial stop loss 5-30 pips below/above the entry candle.
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 Reversal Binary Options Strategy?
- Download Forex Bollinger Bands Reversal 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 Reversal 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”.
