205# Simple Binary Strategy

Simple Binary Strategy with Parabolic SAR and Stochastic oscillator.

Submit by Joy22

 

 

Simple Binary Strategy is based on a classic strategy formed by Parabolic SAR and Stochastic oscillator. This an intraday strategy.

 

Time Frame 15 min.

Currency pairs: any.

Indicators:

Parabolic SAR (0.005 – 0.2)

Stochastic Oscillator (5, 3, 3) with levels (15 and 85).

Call

Parabolic SAR dot below the price.

Stochastic indicator crosses below 15 level.

Open a a call position at the opened of the next candle.

Expiry time 3 candles.

Put

Parabolic SAR dot above the price.

Stochastic indicator crosses abovw 15 level.

Open a a put position at the opened of the next candle.

Expiry time 3 candles.

 

Trick: when is formed the setup for entry wait the close of an green candle for buy or red candle for sell. In this case expiry time 2 candles.

 

Exit for trading without binary options.

Place initial stop loss at the high of the previous swing.

Profit target ratio stop loss 1:1 If stop is 9 pips the profit is 9 pips or with fast profit target.

 

You can use this strategy also for scalping.

In the pictures Simple Binary Strategy in action.

Simple Binary Strategy
Simple Binary Strategy
Simple Binary Strategy
Simple Binary Strategy

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    Marco (Tuesday, 13 June 2017 09:56)

    Hi

    I believe SAR is 0,005 - 0,2

  • #1

    Admin (Monday, 12 June 2017 19:31)

    Thanks for the trick. Sic et simpliciter.