235# The sun coming back Binary

Submit by Andrew

The sun coming back Binary is a method of trading in this case applied at the Binary Options High/Low but is good for trading also without Binary. This trading method is based on momentum and oversold/overbought of the money flow index.

Time Frame 5 min or higher.

Currency pairs: major, indecies Gold and oil.

Expiry time 2 candles for time frame 15 min or higher.

Expiry time 5 min time frame 4 candles.

Metatrader 4 indicators setting

CHT Value chart 5 period.

Sinergy pro Support and Resistance lines.

Money Flow Index 5 period, close, levels ( 20 - 80).

Trading rules The sun coming back

Buy

When the Money Flow Index is in oversold zone wait that the MFI trigger upward the 20 level.

Entry at close of the CTH Value Chart first green candle.

Initial stop loss below the entry bar.

Profit Target ratio stop loss 1:1.

Sell

When the Money Flow Index is in overbought zone wait that the MFI trigger dwonward the 80 level.

Entry at close of the CTH Value Chart first green candle.

Initial stop loss above the entry bar.

Profit Target ratio stop loss 1:1.

This is an attempt to search for precision trading.

In the pictures The sun coming back in action.

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