Forex Stochastic ITM Binary Options Strategy
Forex Stochastic ITM Binary Options Strategy;
Parabolic stochastic and ITM is a trend-momentum strategy for trading intraday and scalping in the financial markets good also for binary options high/low.
Time frame 1min or higher.
Markets: Forex, Indicies and Commodities.
Expiry time 5-7 candles.
Metatrader Indicators:
Bands /20, 2),
Magnified Market price,
Parabolic (0.02-0.2),
Moving average 50,
Support and Resistance (SR 3, SRZZ 90, Main RZZ 100, FP 120, SMF 3) this setting only time frames (1 min, 5 min and 30 min).
Alfa Profit.
Super Indicator V.2 nrp.
In the sub windw chart:
Stochastic oscillator (5, 3, 3),
ITM Financial.
Buy
Alfa profit buy arrow confirmed by following conditions:
price above Support;
Stochastic in oversold area or crosses upward but not in overbougth area;
ITM bar red or green bar in decline;
Parabolic below the price.
Sell
Alfa profit sell arrow confirmed by following conditions:
price below resistance;
Stochastic in overbought area or crosses downward but not in oversold area;
ITM bar green or red bar in decline;
Parabolic above the price.
Exit position for intraday trading and scalping with predetermined profit target or at the pivots levels. Place initial stop loss at the previous swing high/low.
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 Stochastic ITM Binary Options Strategy?
- Download Forex Stochastic ITM 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 Stochastic ITM 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”.
