Time Frame 15 min or higher.
Markets: Forex, Indicies, Commodities.
For Binary Options High/Low expiry time 6-10 candles.
Indicators:
Bollinger Bands divergence (20, 2),
Bollinger Bands divergence (30, 3),
RSI 14.
Buy conditions:
Price bounce or broken lower Bollinger Bands,
RSI go below 30 level,
the small circle appears in the lower band,
entry when the price come back intro the bands.
Sell conditions
Price bounce or broken upper Bollinger Bands,
RSI go above 70 level,
the small circle appears in the upper band,
entry when the price come back intro the bands.
Note:
this binary template work good in sideways market.
You can use these template also for trading without binary options high/low.
Alan C says
For me, the role of Bollinger Bands in a trading strategy is critical. They’re one of my main indicators when taking a position.
Forex says
Lovely…….. See more……