Forex Run Way Strategy Binary Options Strategy
Forex Run Way Strategy Binary Options Strategy:
Run Way Strategy is a reversal trend strategy for binary options high/low designed for 1 min chart. This strategy is based on these indicators, Dot MM5 and ml trend direction force index smoothed. The main feature of this strategy is to enter in the market when there are the extreme of the price (oversold or overbought), to better identify this situation I have also added the bollinger bands.
Time frame 1 min.
Currency pairs: indices, Majors and minors.
Expiry Time 5 candles.
Apply this strategy at many charts at the same time.
Sessions for trading: London and New York.
Metatrader 4 indicators setting
Bollinger Bands (20 period and 2.0 deviations).
Dot MM5 (2, 5).
ml trend direction force index smoothed (5.0 0.8, -0.8), this indicator is the filter.
Trading Rules Run Way Strategy
Buy
Price go otside the lower bollinger bands.
Buy arrow of dot MM5.
Dodger blue line of ml trend direction force index smoothed (this indicator is the filter).
Sell
Price go otside the lower bollinger bands.
sell arrow of dot MM5.
red line of ml trend direction force index smoothed.
If you want to apply this strategy for scalping recommended pt is 3 pips place initial stop loss 3 pips below the entry bar.
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 Run Way Strategy Binary Options Strategy?
- Download Forex Run Way Strategy 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 Run Way Strategy 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”.
