Price Action Binary Options Strategy high/Low is a trading system trend following it’s based on the channel of 3 EMA High/Low.
Time Frame 5min.
Expires Time 15 min.
Markets: Forex (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD,GBP/JPY, EUR/JPY); Futures: (indicies: S&P500, Nasdaq, DAX, FTSE,); Metals (Gold and Silver).
Session: Londo and NewYork.
Metatrader Indicators:
Exponential moving average 3 periods (MA 3) High,
Exponential moving average 3 periods (MA 3) Low,
Xsupertrend Candles,
Trend Combo.
Rules for Price Action Binary Options Strategy
Buy call
Conditions:
Trend Combo Buy,
Green candles Xsupertrend candles,
wait that the price touches the red exponential moving average low and buy call at the open of the next bar.
Buy Put
Conditions:
Trend Combo Sell,
Red candles Xsupertrend candles,
wait that the price touches the blue exponential moving average high and buy put at the open of the next bar.
This trading system is also good for scalping.
Initial stop loss of the next swing.
Profit Target 7-10 pips.
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