205# Simple Binary Strategy

Submit by Joy22

Simple Binary Strategy is based on a classic strategy formed by Parabolic SAR and Stochastic oscillator. This an intraday strategy.

Time Frame 15 min.

Currency pairs: any.

Indicators:

Parabolic SAR (0.005 – 0.2)

Stochastic Oscillator (5, 3, 3) with levels (15 and 85).

Call

Parabolic SAR dot below the price.

Stochastic indicator crosses below 15 level.

Open a a call position at the opened of the next candle.

Expiry time 3 candles.

Put

Parabolic SAR dot above the price.

Stochastic indicator crosses abovw 15 level.

Open a a put position at the opened of the next candle.

Expiry time 3 candles.

Trick: when is formed the setup for entry wait the close of an green candle for buy or red candle for sell. In this case expiry time 2 candles.

Exit for trading without binary options.

Place initial stop loss at the high of the previous swing.

Profit target ratio stop loss 1:1 If stop is 9 pips the profit is 9 pips or with fast profit target.

You can use this strategy also for scalping.

In the pictures Simple Binary Strategy in action.