Forex Divergence Discretionary Binary Options Strategy
Forex Divergence Discretionary Binary Options Strategy:
Divergence Discretionary System is a trading method based on divergence filtered with trend line. We have more divergence indicator. Lead indicator,for this strategy is RSI with trend line.
Trade only in direction of divergence or at the breakout of the trend line on the RSI indicator. The other indicators are used as confirm.
This technique can be used for trading with binary options, or no options.
Time frame 5 min or higher.
Financial market : Forex, Futures, Indicies and commodities.
Expiry time 3 candles.
Metatrader Indicators:
Vline 1.1
Divergence RSI defaul setting,
FX 5 MACD (12, 26, 9).
Stochastic Divergence MTF.
Rules Divergence Discretionary System
The simple method
Buy
the RSI broken up the trend line.
FX 5 MACD crosses upward.
Stochastic crosses upward.
Sell
the RSI broken down the trend line.
FX 5 MACD crosses downward.
Stochastic crosses downward.
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 Divergence Discretionary Binary Options Strategy?
- Download Forex Divergence Discretionary 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 Divergence Discretionary 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”.
