Multiple bars High or low Binary Options Strategy

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MARKETS:
Forex
Stocks,
Futures
Commodities
Tresury Bond.
TIMEFRAME  1H min or higher.
INDICATORS
Trend indicator, can be a moving average or a baseline
ADX
RULES
For this scenario we are going to look at 2 consecutive bullish bars and we enter on the beginning 3rd candle and exit at the end of it
Works only in trend
Candle has to be above moving average -> we need to be a in a trend
ADX value has to be >= 19 
RISK MANAGEMENT
TAKE PROFIT
Exit at close bar or with fixed Profit Target, we can go with either 1:1 , 1:2 or 1:3 ratio of the stop loss
STOP LOSS
Place stop loss at low or high of the 2nd bar.
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EXAMPLES
GBPUSD 1H , 4 long opportunities
EURUSD 1H , 6 short opportunities, 4 wins and 2 losses
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Binary options trading strategies

Glossary

Last modified 1yr ago

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