Forex Impulse Cycle Bars Binary Options Strategy
Forex Impulse Cycle Bars Binary Options Strategy:
Impulse trading is a technique based on an indicator of pulses for the trade.
Impulse indicator can be interpreted in multiple ways.
I will post more ways of using impulse indicator. The first way that I propose to use in trading is with 123 patterns indicator.
This technique is suitable to the scalping that for trading binary options high / low.
Expiry time 4-6 candles.
Time Frame 5 min or higher
Currency pairs:any.
Metatrader Indicators:
Impulse Indicator (level 20).
123 patterns
Trading rules Impulse Trading
For a conservative trading they take into consideration the signals that come from higher impulses to 20 level.
Impulse with green bar is for buy.
Impulse with red bar is for sell.
Buy
when a green arrow appears to wait for a buy signal pattern 123.
Sell
when a green arrow appears to wait for a buy signal pattern 123.
Exit position with predetermined profit target.
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 Impulse Cycle Bars Binary Options Strategy?
- Download Forex Impulse Cycle Bars 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 Impulse Cycle Bars 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”.
