181# Binary Cash Filtered
Binary Cash trading
Submit by Frank 15/02/2015
Binary Cash Filtered is another complex technique to filter out 'indicator Binary Cash signals. This trading strategy is trend following and can be used for scalping or to trade binary options high / low.
Time Frame 1min, 5min, 15 min.
Expiry time 3- 5 candles.
Financial Markets: any.
Find in the folder in attach the following indicators:
Daily open line,
M5 Cash M15 (faster ema 1, slower Ema 50, RSI 7),
PB Fast 3 EMA,
FX MACD Divergence (optional)
Trading rules Binary Cash Filtered
Trades only in the direction of the trend
Channel pointing down and the price below the open daily line.
Channel pointing up and the price above the open daily line.
When appears Binary Cash arrow buy for entry, wait the PB Fast3EMA green color and heiken Ashi green color.
When appears Binary Cash arrow sell for entry, wait the PB Fast3EMA red color and Heiken Ashi red color.
Exit position for scalping fast profit target that depends by currency pairs and the time frame. (8-15 pips)
Initial stop loss on the previous swing.
Tips:this strategy only works in trending markets.
Operating on those markets with a clear trend to the upside or downside to the time frame of 4 hours or daily.
In the folder there is also a similar template.
In the pictures Binary Cash Filtered in action.
Share your opinion, can help everyone to understand the forex strategy