Forex Pivot Point Levels Reversal Binary Options Strategy
Forex Pivot Point Levels Reversal Binary Options Strategy:
This Strategy Binary Options is based on the metatrader indicators: JMO and Pivot Points Levels but is inspired at 1hr trading system Levels Reversal but i have add a new indicator for filter(P.magic rainbow v.7).
Time Frame 240 minutes: Exiperes time 240 min or 480 depends by depends on the risk that one is willing to accept.
Currency pairs any.
Markets: Forex, Stocks, CFD, Futurex, Gold, Silver and Oil.
Metatrader Indicators:
Pivot points Levels,
JMO indicator.
P-magic Rainbow .v.7 (for filter).
Buy
When that the price breaks a support Pivot Point level, wait that jmo indicator come back up from overbought area and crosses upward.
This condition is reliable if P-Magic Rainbow does not break the upper band.
P-Rainbow Magic should fluctuate within the bands.
Sell
When that the price breaks a resistant Pivot point level, wait that jmo indicator come back down from oversold area and crosses downward.
This condition is reliable if P-Magic Rainbow does not break the Lower band.
P-Rainbow Magic should fluctuate within the bands.
Pivot Point Levels Reversal: Binary options One/Touch
Time Frame 240 minutes: Exiperes time 960 min
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 Pivot Point Levels Reversal Binary Options Strategy?
- Download Forex Pivot Point Levels Reversal 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 Pivot Point Levels Reversal 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”.
