Forex Super Support Resistance Binary Options Strategy
Forex Super Support Resistance Binary Options Strategy:
Super Support and Resistance trading is a strategy very fast designated for high frequency traders.
This is a trend momentum system but there are also dynamic and static line of support/resistance.
Time frame 1 min, for scalping intraday 5 min or 15 min.
Expiry time for binary options high/low 3 candles.
Financial market any.
Metatrader Indicators
main chart
XS time frame 5 min,
XS time frame 15 min,
XS time frame 60 min,
XS time frame 240 min,
exponential moving average 60, close,
exponential moving average 200, close.
RS Dwm,
All pivots v. 4 buil 600,
Axel levels,
Zone Tf 5,
Zone Tf 1,
Dynamic support and resistance:
Bands (2. 0 – 20),
Bands (2. 5 – 20),
Bands (3.0 – 20),
Bands (3. 5 – 20),
GSP ( alias Zig Zag pointer)
Kanal
In first Sub window
Similar FX Mnt
Commodity channel index ( 8 period, close),
RSI (8),
RSX-coron forex ( predictor indicator),
CCI (2),
On Balance volume,
CCI (100),
In second subwindow
Vertex indicator.
Trading rules Super Support and Resistance Trading
The purpose of this template is to filter the signals of the probabilistic vertex indicator.
The signals can be filtered with support and resistance static and dynamic momentum indicators with or with both approaches.
They are taken as valid signals vertex only at certain levels of support and resistance, and are confirmed when momentum indicators short cross indicator of momentum slow.
Buy
RSX (2), ICC (2)> OBV and CCI (100),
Sell
RSX (2), ICC (2) <OBV and CCI (100),
Make profit at first support and resistance.
Initial stop loss 10-14 pips on the 1 min time frame, 15- 18 pips on the 5 min time frame.
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 Super Support Resistance Binary Options Strategy?
- Download Forex Super Support Resistance 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 Super Support Resistance 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”.
