240# Range Market Binary Strategy

Contrarian trading with simple financial algorithms.

Slow Stochastic Oscillator with Parabolic Sar

Range Market Binary Strategy is a contrarian trading system for binary options high/low, scalping or day trading based on two forex indicators Slow Stochastic oscillator and Parabolic Sar for sidewys forex market. This is a contrarian strategy becouse a signal is generates when the slow Stochastic and Parabolic Sar have opposite direction. The principle of this system is that the slow stochastic when it is overbought or oversold in the lateral markets tends to anchor the change in trend.

Time frame 1 min or 5 min.

Currency pairs: majors, minors and Indices.

Expiry time 5 candles.

For scalping apply this template only at the majors with low spreads.

 

Forex indicators setting

Slow Stochastic Oscillator (5,5,5, close) with 25 level oversold and 75 level overbought.

Parabolic Sar (0.04, 01).

 

Trading rules Range Market Binary Strategy

Buy or Call

Slow Stochastic Oscillator break upward level 25.

Parabilic Sar dot below the price.

Initial Stop loss below the previous swing low.

Profit target 3-5 pips.

 

Sell or Put

Slow Stochastic Oscillator break downward level 75.

Parabilic Sar dot above the price.

Initial Stop loss below the previous swing low.

Profit target 3-5 pips.

Tip: find the sidewys market at the 4H time frame.

In the pictures Range Market Binary Strategy in action.

Range Market Binary Strategy
Range Market Binary Strategy
Range Market Binary Strategy
Range Market Binary Strategy
Range Market Binary Strategy
Range Market Binary Strategy

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