Forex RSI Extremums Binary Options Strategy
Forex RSI Extremums Binary Options Strategy:
RSI extremums binary strategy is an momentum-price action system.
Time Frame 30min, 60min 240 min daily.
Currency pairs:any.
Expires time:depends on the time frame used for the trade analysis. If you are using a 4hr or daily chart, your expiry must be at least 2-5 days to ensure your trade enters and stays in the money.
If you using 30- min and 60 min time frame expiry time is 4-6 candles.
Metatrader Indicators
Polynomial regression (120, bars);
AK Zig Zag,
Zig Zag pointer,
Arrzzx2
RSI Extremums indicator (8, 18, 34 ) with ma snoothed (2):
this indicator provides two signals traders on what direction to trade:
for sell or buy, depending on the market condition and the preceding trend
The indicator is displayed line in an indicator window below the charts. Check to see if the currency asset touches the green lines and the red lines on the chart and also check to see if they return to the blue line in the middle. Only currency pairs that can do this should be traded.
Rules RSI Extremums Binary Options strategy
Buy Put
A buy signal for the RSIExtremumsstrategyThe buy signal occurs when the price action of the asset touches the red lines on the chart, and the RSIExtremums Indicator is abve the ma smoothed . I
Buy Call
A buy signal for the RSIExtremumsstrategy. The buy signal occurs when the price action of the asset touches the green lines on the chart, and the RSIExtremums Indicator is below the ma smoothed.
This trading system is also good for trading in Forex Market, and Indicies.
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 RSI Extremums Binary Options Strategy?
- Download Forex RSI Extremums 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 RSI Extremums 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”.
