Forex Fractals Breakout Binary Options Strategy
Forex Fractals Breakout Binary Options Strategy:
Fractals S&R with Double Bands Strategy is a great trading system with a good profitability. This strategy is based on fractals support and resistance in combination with two Bollinger Bands. This strategy can be used also for trading with binary options high/low.
Currency pairs: majors, minos more indicies, gold, bitcoin and oil.
Time frame 1 min or higher.
Binary options high/low expiry time 1 or 3 candles.
Indicators setting:
Bollinger Bands (periods 22, deviation 2.0);
Bollinger Bands (periods 22, deviation 1.0);
Fractals ajoustable price breakout (34 periods).
Trading rules Fractals S&R with Double Bands Strategy
Buy
Fractals draws on the chart support blue dot line below the lower bands of BB.
The price action touches the support line and com back in the bollinger Bands.
When the price touches the Bollinger bands with deviations ( 1.0) place an buy order or call.
Initial stop loss below the lower band (2.0).
Profit target middle band or upper band of BB (1.0).
Sell
Fractals draws on the chart resistance red line dot line below the lower bands of BB.
The price action touches the resistance line and com back in the Bollinger Bands.
When the price touches the Bollinger bands with deviations ( 1.0) place an sell order or call.
Initial stop loss above the upper band (2.0).
Profit target middle band or lower band of BB (1.0).
This is a winnig strategy.
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 Fractals Breakout Binary Options Strategy?
- Download Forex Fractals 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 Fractals 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”.
