Indicators and oscillator for binary options trading
After that we have a small green candle and then a big red candle which engulfs the green one. As,I said in my previous article this is an engulfing pattern and a sell signal. Of cource, like every trade we need confirmation. Our 8 period RSI is not in oversold condition, this is a good sign but we need more. Look at the stochastic.
Notice the blue box. In the beginning you will see that the stochastic is moving above level After some minutes dips below level 80 the blue box.
This is my confirmation. When stochastic is moving above level 80 and after that dips below is a sell signal for me. In the second blue box I have an ITM call. We have a reversal in the red horizontal line down which is our support and I took a call when the second green candle in the row was moving above level 20 of the stochastic.
This one it was a little bit risky. I have two blue boxes in this screenshot. I took my trade in the second blue box. Personally I like to filter signals in two ways with this indicator:. Different strategies developed at the intersection of Moving Average with so many different periods shows the right moment during which the market has taken an unambiguous direction, whereas the traders have decided to either purchase or sell an asset.
In the video below, you can see a few testing trades with this strategy. Let me know in the comments if you like it! Can I just confirm the setting on the moving average please. I also assume it is 5 min chart and 15 min expiry?? If what on the video, it look like M10 expired. Cause if wait for the first candle closed we have to count for next 3 candles.
Is there any way to use CCI and volume indicators with this? These have helped me to filter with other strategies. Your email address will not be published. How to use our strategies from Best-Binary-Options-Strategy. Hi Guys, Can I just confirm the setting on the moving average please. The strategy is ok ,but i dont understand it can i have training on the strategy pls. Maybe somebody here will contact you. Hello, I want to try this strategy as it looks very accurate.
Will update with any results. I tested this strategy based on the following conditions: Yes its Nice but You need to be carefzl In low volatility markets.