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.

EXAMPLES

• GBPUSD 1H , 4 long opportunities

• EURUSD 1H , 6 short opportunities, 4 wins and 2 losses