Forex New Viper Binary Options Strategy
Forex New Viper Binary Options Strategy:
New Viper System is a strategy based on i-regression channel and WPR Fast filtered by RSI. This strategy is also for trading with binary options high/low and has un good ratio win/loss.
Time frame 5 min or higher.
Financial market: any.
Expiry time for binary options high/low 6 candles.
Metatrader indicators:
Extreme binary robot channel ( setting imortant: period: 200, regression degree 4, dev 1, 1,27, Dev 2 1,618, dev 3 2,61),
RSI ( 6 period with level 75 and 25),
WPRSI signal ( period 27) dn filter 10, up filter 10.
Trading rules New Viper System
Long or call
WPRSI buy arrow
The price in the previous candles touched the oversold area of the channel.
The price in the previous candles touched the oversold area (this RSI condition can be optional).
The verification of a positive divergence of the RSI is a good confirmation of the buy arrow of WPRSI signal.
Short or put
WPRSI sell arrow
The price in the previous candles touched the overbought area of the channel.
The price in the previous candles touched the overbought area (this RSI condition can be optional).
The verification of a negative divergence of the RSI is a good confirmation of the sell arrow of WPRSI signal.
Exit position with ratio 1.3 stop loss or when the price touches the opposite channel.
Note:WPRSI fast is a good signal that do not repaint.
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 New Viper Binary Options Strategy?
- Download Forex New Viper 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 New Viper 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”.
