Forex Stochastic Oscillator Binary Options Strategy
Forex Stochastic Oscillator Binary Options Strategy;
Stochastic Oscillator setting (21, 8,8,) is the main feature of this binary system.
Time Frame 1 min.
Expires Time 3 min or 15 min (the best option).
Markets: Forex (only volatile currency pair), Futures.
Sessions: London and New York.
Metatrader Indicators:
Heiken Ashi,
Pivots Level,
Super Dem,
Trend and Fibo alerts,
Stochastic oscillator (21, 8, 8),
Genesi Matrix 2.22
Rules Stochastic Oscillator 21, 8, 8, Binary System
Buy Call
Heiken Ashi Dodger blue;
Stochastic Oscillator cross upward from oversold Zone (conservative trade, aggressive trade: Stochastic Oscillator cross upward ).
Genesi Matrix three square dodger blue.
Buy Put
Heiken Ashi white;
Stochastic Oscillator cross downward from overbougth Zone (conservative trade, aggressive trade: Stochastic Oscillator cross downward ).
Genesi Matrix three square withe.
This Binary System is also good for trade scalping.
Rules Stochastic Oscillator 21, 8, 8,
The same rule for entry with conservative trade.
Exit position options
For Buy close position when the stochastic line touches 80 levels,
For Sell close positions when stochastic line touches 20 levels.
Initial Stop loss on the previous swing.
Fast Profit target predetermined.
Make profit on pivot levels.
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 Oscillator Binary Options Strategy?
- Download Forex Stochastic Oscillator 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 Oscillator 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”.
