Forex One Touch Zig Zag Binary Options Strategy
Forex One Touch Zig Zag Binary Options Strategy:
This is a trading system based on the bollinger bands and Zig Zag.But it can also be considered a price action forex system.
This Binary options One Touch Strategy Bollinger Bands and Zig Zag works good also on time frame expire: 24H, Weekly and Montly. In the examples I show how the strategy works in the time frames 5 min and 15 min and time expire h1 (for 5 min TF) and h3 (15 min TF).
Markets :any.
Indicators :
Zig Zag indicator (8,2,3 period)
Zig Zag indicator (12, 5, 3)
CCI indicator (14) with levels 90 and -90
Stochastic 11-5-5
Bollinger bands (20, 3) and (20,2)
Long Entry
Conditions:
Price touch or close the bottom Bollinger bands indicator;
Zig Zag (12, 5, 3,)indicator and Zig Zag indicator (8,2,3,) meet together on the same candle;
CCI indicator get over -90 level;
stochastic indicator crossed and pointing up.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
Short Entry
Conditions:
Price touch or close the bottom Bolllinger bands indicator;
Zig Zag (12, 5, 3,)indicatorand Zig Zag indicator (8,2,3,)meet together on the same candle;
CCI indicator get over 90 level;
stochastic indicator crossed and pointing down.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
The Touch points for this Binary Options Strategyis the middle band but also 2 or 3 pips before the middle band.
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 One Touch Zig Zag Binary Options Strategy?
- Download Forex One Touch Zig Zag 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 One Touch Zig Zag 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”.
