Forex Touch Point RSI Binary Options Strategy
Forex Touch Point RSI Binary Options Strategy:
This forex scalping system is also a good Binay options strategy One Touch.
Also In this Binary Options Strategy Stochastic indicator is a great filter.
Time Frame 5 min time expire 60 min.
Time Frame 15 min Time expire 180 min:
Time Frame 30 min Time wxpire 320 min.
Currency pairs major: (EUR/USD, GBP/USD, USD/CHF, USD/CAD, AUD/USD,).
Metatrader Indicators:
SFX MCL indicator
RSI Indicator (5-period) with two moving averages 11 and 34 periods;
Stocastic Indicator (14,3,3)-low-High;
Pivot points Levels-
Rules:,
Binary options strategy One Touch RSI and SFX MCL filtered by Trend Reversal
Long Entry
SFX MCL indicator line green >line blue
Wait crossing upward the RSI indicator, Moving Average of 17 and 34;
Trend Reversal indicator bars acqua;
Stochastic indicator crosses upward but is not in oversold Zone.
Not to Buy:
if the Stochastic indicator is in oversold Zone;(Stochastic as filter)
if the RSI indicator is >80;
Short Entry
SFX MCL indicator line green <line blue
Wait crossing downward the RSI indicator, Moving Average of 17 and 34;
Trend Reversal indicator bars red;
Stochastic indicator crosses downward but is not in overbougt Zone.
Not to Sell:
if the Stochastic indicator is in overbougt Zone;(Stochastic as filter)
if the RSI indicator is <20;
Target One Touch points:
5 min Time Frame 15 pips or first Pivot Points Levels in the market direction;
15 min Time Frame 18 pips or first Pivot Point Levels in the market direction;
30 min Time frame 22 pips or first or secod Pivot Points Levels in the market direction.
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 Touch Point RSI Binary Options Strategy?
- Download Forex Touch Point RSI 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 Touch Point RSI 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”.
