159# Kenox Binary System
Kenox Binary indicator
Submit by Lucien 05/10/2015
Kenox Binary system is a trend following strategy based on the Kenox indicator for binary options high/low. The Kenox indicator is based on the ADX indicator with 13 period. The but of this system is to filter the signals of Kenox indicator.
The filter is based on three moving averages.
Time frame 1 min.
Financial markes: any.
Trading Sessions: London and New York.
Expiry Time 2-3 candles.
Exponential moving averages 20, close.
Exponential moving averages 11, close.
Exponential moving averages 3, close.
Parabolic (0.01, 0.1) optional.
Trading rules Kenox Binary System
Trade only in the direction of the trend.
EMA 3 > EMA 20;
EMA 3 > EMA 11.
Parabolic below the price (optional).
EMA 3 < EMA 20;
EMA 3 < EMA 11.
Parabolic above the price (optional).
In the pictures Kenox indicator in action.
Share your opinion, can help everyone to understand the forex strategy
Write a comment