43# Price Action Binary Options Strategy

Price Action Binary Options trading High/Low

 

Submit by FreddyFx 18/01/2014

 

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.

 

This strategy seems simple but it needs a learning period on a demo account.

In this example: 8 trades: 6 won, 2 lost.

Price Action Binary Options trading High/Low
Price Action Binary Options trading High/Low
Price Action Binary Options Strategy
Price Action Binary Options trading High/Low (Template and Indicators)
price action binary options strategy.rar
compressed file archive 8.0 KB

Write a comment

Comments: 5
  • #1

    asaens (Monday, 20 January 2014 11:04)

    buy put
    RED candles

  • #2

    Forextradingstrategiesresources (Monday, 20 January 2014 14:33)

    yes, buy put red candles.

  • #3

    segun (Tuesday, 21 January 2014 15:25)

    Please i want you to create an indicator that work on this algorithm formular,it is very useful it works well on spreadsheet.
    Speed of trade = (Price Change / Volume) per unit time.
    = (Open-Close)/tick volume in the default period.
    If SoT of current candle is greater than twice the average SoT of the selected period, next candle will be in the same direction of the current candle. (Our signals can be given at the close of the current candle).
    This are the rule
    1) you need to get the SOT (speed of trade) of the current candle)

    2) you also need to get the SOT of the 10 or 14 previous candles and you consequently get the average* of the 14 candles

    3) to get the SOT, you need to get the difference between close and open of a candle. i will call that price change. you divide the price change by the volume and you multiply by 10000.
    so for the previous 14 candles you get each , their SOT and you sum it, divide by 100 and multiply by 14 ( or the chosen number of candles you are working with). This will give the sot average of the 14 candles.

    4) to get the direction of the next candle * you use the formula
    * if SOT>2*SOTAverage of the previous 14 candles, the next candle will take the direction of the current candle.


    i hope you understand now. in his example, the sot of the previous 14 candles was 1.70.
    and since the SOT of the current candle is 2.8 and it's greater than the SOT of the 14 candles (1.70) the direction of the next candle will be the same as the current candle. The current candle was down so the next candle will be down.so in other words since
    SOT>SOTAV price maintained its direction.
    thanks

  • #4

    Hernan Rojas (Wednesday, 09 April 2014 15:02)

    Se puede crear el indicador solicitado (SOT), y si esta creado se puede tener acceso a el
    y descargarlo.

    Muchas gracias

  • #5

    Mia (Wednesday, 17 September 2014 15:15)

    Speed of trade doesnt work. Author of this theory is Irvin Verma from this thread. http://fxcodebase.com/code/viewtopic.php?f=27&t=25492
    He didnt tell full theory or atleast how to calculate SoT average. He knows if it works only, other guys tried to copy this theory but unsuccessful. Many guys tried to code indicator for that, but it doenst work on spreadsheet at all, so succesful indi cant be made.
    or if it really works , results are not so accurate as he said.