Forex Price Action Style Binary Options Strategy
Forex Price Action Style Binary Options Strategy:
Simple Price Action Style is trading system based on support and resistance with overbougth and oversold levels of the Vcustom 3 indicator.
Time Frame 5 min or higher.
Financial Markets: any.
Expiry time for Binary options High/Low 1 or 2 candles.
Metatrader Indicators:
Support and Resistance Barry,
Moving Average 21,
Vcustom3.
Trading rules Simple Price Action Style
Buy
When you see the indicator green bar Custom wait on the main chart will form the support (green dot) and buy at the opening of the next candle.
Sell
When you see the indicator red bar Custom wait on the main chart will form the resistance (red dot) and sell at the opening of the next candle.
Being a price action strategy could be false signals.
Exit position with fast profit Target that depends by time frame and currency pairs.
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 Price Action Style Binary Options Strategy?
- Download Forex Price Action Style 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 Price Action Style 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”.
