Forex EMA Stochastic Colored Binary Options Strategy
Forex EMA Stochastic Colored Binary Options Strategy;
EMA Crossover signal with Stochastic colored is a trading system very simple.
This system is trend momentum, you can apply this strategy for trading also with binary options high-low.
Time Frame 15 min or higher.
Expiry time 1 candle.
Indicators:
EMA alert signal ( fast EMA 1 period, slow EMA 2 period. This setting of EMA is very fast they are problem of stability.)
Note: A configuration so fast can create stability problems of the algorithm that diminish with time frames higher. A filter makes it more readable and reliable configuration so boost. The proposed filter is the stochastic oscillator.
Stochastic colored (5,3,3).
In my experiments with SMA with 0 mode is better (more stable).
Trading rules EMA Crossover signal with Stochastic colored
Trend following
Buy
Buy Arrow of the EMA crossover
Stochastic Green bar.
Sell
Sell Arrow of the EMA crossover
Stochastic Red bar.
Reversal
Buy
When the price touches or broken the lower band wait the buy arrow confirmed by green bar of the stochastic colored.
Sell
When the price touches or broken the upper band wait the sell arrow confirmed by red bar of the stochastic colored.
Exit position at the opposit arrow
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 EMA Stochastic Colored Binary Options Strategy?
- Download Forex EMA Stochastic Colored 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 EMA Stochastic Colored 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”.
