Forex Price Channel MACD Binary Options Strategy
Forex Price Channel MACD Binary Options Strategy:
Price channel with MACD RSI is an scalping and intraday strategy that is good also for binary options High/Low. This is a trading system trend-momentum for trading reversal or trending.
Time Frame 1 min or higher.
Financial Markets: any.
Expiry time for binary options high/low 4-6 candles.
For scalping and intraday trading sessions time are London and New york.
Indicators and setting
Bollinger bands (40; 2.5);
Moving Average ( 3 period, close);
MACD RSI arrow ( 12,26, 9, RSI 5 period);
Price channel oscillator mtf ( setting next time frame, example if you trade at the TF 1 min setting Price channel tf 5 min) in the same window thre is also the stochastic (14, 4, 4, close).
Price channel with MACD RSI trading reversal
Buy
When the price broken the lower band of the Bollinger Bands wait the arrow buy of the MACD-RSI.
Optional: entry if the stochastic has crossed upward the lower channel of the Price channel.
Sell
When the price broken the upper band of the Bollinger Bands wait the arrow sell of the MACD-RSI.
Optional: entry if the stochastic has crossed downward the upper channel of the Price channel.
Exit position
With predetermined profit target that depends by time frame or make profit at the middle band of the BB. Place initial stop loss 5 pips below / above the bands.
This strategy is very simple and clean, aspect ratio win/loss 65/72 %.
This method is only for scalping or intraday trading (no Binary Options).
(best time frame for this is 5 min).
Buy
When Ema 3 ha crossed up the middle band of BB wait the arrow buy of MACD-RSI.
Sell
When Ema 3 ha crossed up the middle band of BB wait the arrow sell of MACD-RSI.
Exit at the oppsite arrow, at the upper or lower bands or with predetermined profit target that depends by time frame.
Not enter the before economic news or on bars very large ..
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 Channel MACD Binary Options Strategy?
- Download Forex Price Channel MACD 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 Channel MACD 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”.
