200# 5 minute Binary system
Binary trading with ADX
Submit by BrunoFX 04/2017
5 minute binary system is a trend following system based on ADX and supertrend. This system is a multi signals for trading trading, for to have a good signal for entry you need of three signals in the same direction.
Time Frame 5 min.
Currency pairs: major.
Expiry time 3 min - 5 min candle.
This trading technique can also be used for scalping even with 15 minute candles.
Metatrader 4 indicators
SMA crossover Justin (fast ma 1, slow ma 34, signal period 5).
ADX crosses 5 period close,
ADX crosses 3 period close,
5 min bianry strategy indicator,
Supertrend indicator period 10, multiplier 3.
In the download folder there are also another folder with the previous indicators include all in one with an library file.
Trading Rules 5 minute Binary system
First buy arrow we need is SMA crossover Justin, after that candle close we need of other two buy arrows of ADX crosses (3) and ADX crosses(5), If these arrows appears in the same candle it may a best trade.
First sell arrow we need is SMA crossover Justin, after that candle close we need of other two sell arrows of ADX crosses (3) and ADX crosses(5), If these arrows appears in the same candle it may a best trade.
Note no trade 15 min before the news and 15 min after
the expiry time is 5 min but calculate the time right, if the signal is there after 2 min, expiry time is 3 min.
This system is price action indicators recalculate. There is a lot of practice to get to know this strategy.
In the pictures 5 minute Binary system in action.
Share your opinion, can help everyone to understand the forex strategy.