Submit by FreddyFX 17/01/2014
RSI and Stochastic Oscillator Binary Options Strategy multi time frame High/Low is
a trend momentum trading system.
Markets:Forex (EUR/USD, USD/JPY, AUD/USD, USD/CHF, GBP/JPY,
Indicies (S&P 500, Nasdaq, DAX, FTSE), Metals (Gold and
Time Frame 15min and 1 min.
Expires time 10 min max 15 min.
Open 15 minute candlestick chart, add the
RSI (4 period, levels 25 an 75).
Stochastic (with the default settings of
Open also 1 minte chart with the same indicators.
Rules for RSI and Stochastic Binary
trade only in the direction of the
On the 15 min chart the RSI closing below 25 level
open the 1 minute chart and look at the stochastic indicator if it's crossing upward, place
your trade and buy call option.
On the 15 min chart the RSI closing above 75
open the 1 minute chart and look at the stochastic indicator if it's crossing downward, place your trade and buy put
This strategy is also good for scalping in the forex market on
Target price 7-10 pips depends by currency pair or the Fibonacci levels.
Initial stop loss 15 pips.