Your support is fundamental for the future, to continue sharing the best free strategies and indicators.


243# Run Way Strategy

Reversal trend strategy

Dot MM5 with ml trend direction force index smoothed

Submit by Alfred

 

 

Run Way Strategy is a reversal trend strategy for binary options high/low designed for 1 min chart. This strategy is based on these indicators, Dot MM5 and ml trend direction force index smoothed. The main feature of this strategy is to enter in the market when there are the extreme of the price (oversold or overbought), to better identify this situation I have also added the bollinger bands.

Time frame 1 min.

Currency pairs: indices, Majors and minors.

Expiry Time 5 candles.

Apply this strategy at many charts at the same time.

Sessions for trading: London and New York.

 

Metatrader 4 indicators setting

Bollinger Bands (20 period and 2.0 deviations).

Dot MM5 (2, 5).

ml trend direction force index smoothed (5.0 0.8, -0.8), this indicator is the filter.

 

Trading Rules Run Way Strategy

Buy

Price go otside the lower bollinger bands.

Buy arrow of dot MM5.

Dodger blue line of ml trend direction force index smoothed (this indicator is the filter).

 

Sell

Price go otside the lower bollinger bands.

sell arrow of dot MM5.

red line of ml trend direction force index smoothed.

 

 

If you want to apply this strategy for scalping recommended pt is 3 pips place initial stop loss 3 pips below the entry bar.

In the pictures Run Way Strategy in action.

Run Way Strategy
Run Way Strategy
Run Way Strategy
Run Way Strategy
Run Way Strategy
Run Way Strategy

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

Comments: 0
Run Way Strategy
Run Way Strategy
Run Way Strategy.rar
compressed file archive 120.3 KB