Multiple bars High or low Binary Options Strategy
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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