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263# Zeus Support and Resistance Strategy

RSI indicator with Support and Resistence

Pure price action strategy.

Submit by Maximo trader

 

 

Zeus Support and Resistance Strategy is a trading system born in a telegram group for fans of Binary Options game https://web.telegram.org/#/im?p=@formabinaryscam. The idea behind this not-so-simple strategy is to seek the rebound of the price on resistance and support levels, in order to achieve this purpose two versions of the RSI index with arrow are used. In reality the RSI indicator is not needed but in this case it helps us to look for the rebound on the support and resistance lines, then for those new to this type of trading it also helps in the timing of entry.

Time frame 1 min or higher.

Expiry time 1 min from 5 at 15 candles.

Currency pairs any.

 

Metatrader 4 indicators

Support and resitance lines 5 min.

-U.turn SR

SR indicator

Zeus arrow mq4.

1 min Binary mq4.

 

Trading rules Zeus Support and Resistance Strategy

Call or Buy

when the price bounces on the support and an arrow is formed, buy at the opening of the next bar.

Initial stop loss few pips below the support.

Profit target ratio stop loss 1:1 or at the next resistance.

 

Put or Sell

when the price bounces on the resistance and an arrow is formed, sell at the opening of the next bar.

Initial stop loss few pips above the resistance.

 

Profit target ratio stop loss 1:1 or at the next resistance.

In the picture Zeus Support and Resistance Strategy in action.

Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy

Zeus Support and Resistance V.2

update 08/06/2019

 

By Joy22

 

In this update I improved the momentum approach by adding a Stochastic indicator and changed the support and resistance indicator by introducing fxr sr zone. The other was fine too, but it is more suitable for those who start working with supports and resistances because it indicates the areas checked.

This second version is simplified. The signals of the second arrow are much more precise.

Time Frame 1 min

Expiry Time 5-10

Metatrader Indicators

Zeus

Stochastic Signal (11, 10,10- 80-20).

FXR SR Zone (you can also use the one from the previous version.

Symbol changer.

 

You can choose to trade in manual with RSI Signal and Stochastic signal

Examples in the pictures.

Zeus Support and Resistance  V.2
Zeus Support and Resistance V.2
Zeus Support and Resistance  V.2
Zeus Support and Resistance V.2
Zeus Support and Resistance  V.2
Zeus Support and Resistance V.2
Zeus Support and Resistance  V.2
Zeus Support and Resistance V.2

Share your opinion.

Zeus V.3 5 min

by Joy22

 

Time frame 5 min

currency pairs EUR/USD, GBP/USD, AUD/USD, AUD/CAD, AUD/JPY, CAD/JPY, USD/CAD, USD/JPY, EUR/JPY, EUR/GB

Expiry Time 4-5 candles.

 

Metatrader 4 Indicators:

Fx sr zone.

Stochastic oscillator (5,3,3).

Zeus indicator.

Symbol changer profit V.3.

IQLBV (default setting.

 

Trading rules Zeus V.3 5 min

We are waiting for signals from the IQLBV indicator or Zeus. When we receive a signal from the indicators, we determine at what level the price is - if the signal is near the level / support, then we’ll analyze the stochastic indicator. If the stochastic has entered the 20% or 80% zones and its lines have crossed, then it is worth opening a deal (depending on the position of the stochastic and the IQLBV or Zeus indicators arrows) It is in this sequence that you should work. First the lines, then the signal from IQLBV. If the stochastic has already entered into the zone of 20% or 80%, and its lines crossed - excellent. All three conditions must match.

 

Zeus V.3 5 min is also good for scalping.

In the pictures Zeus V.3 5 min in action.

Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 5 min
Zeus V.3 with Median Renko (easy  Win)
Zeus V.3 with Median Renko (easy Win)
Zeus V.3 with median renko (easy win)
Zeus V.3 with median renko (easy win)

Zeus V.4

Zeus with TMA BAND

The signals generated by Zeus indicator are filtered by TMA Band in the overbought or oversold areas.

This strategy is suitable for scalping.

Time Frame 1 min

currency pairs any, for scalping currency pair with low spreads.

Best Currecy pairs: EUR/USD, AUD/CAD, EUR/GBP/, GBP/USD, USD/JPY,

Expiry time 5-10 candles. Reccomended 10 candles.

Metatrader 4 indicators:

Zeus Indicator

TMA Band CG Mladen (72, 6, 2.0,)

ITM confirmator

ITM SR

PL Candle time.

 

Trading rules Zeus V.4

Buy or Call

Price bounces or breaks lower TMA Band.

Zeus buy arrow.

Above support dot blue line (optional).

Sell O Put

Price bounces or breaks TMA Band higher.

Zeus sell arrow.

Below resistance dot red line (optional).

Exit initial stop loss 5-10 pips depends on the currency pair.

Profit target ratio stop loss 1: 1 or on the central band.

Zeus V.4
Zeus V.4
Zeus V.4
Zeus V.4
Zeus V.4
Zeus V.4

Zeus 5

Zeus 5 with TMA Bands

Zeus 5. In this update, only the signals generated by closing the bar outside the upper and lower TMA bands are taken into consideration, so the system is very simple.

this trading system is also suitable for forex.

All currency pairs

Time frame 1 min or higher

Expiry time 5 candles or more.

 

Buy

Arrow below lower TMA band.

Open position at close of the candle.

Sell

Arrow above upper TMA band.

Open position at close of the candle.

See the examples.

 

 

 

Zeus 5
Zeus 5
Zeus 5
Zeus
Zeus 5
Zeus 5

Zeus 5.1 Trade in trend

Trend momentum strategy for binary and scalping

Time frame 1 min, 5 min

In this strategy the filters are multi time frame, then, recalculates.

Sell

Price touches or above upper Bollinger Band

RSI above 75 level.

Never trade below blue lower tma band.

Buy

Price touches or below upper Bollinger Band

RSI below 25 level.

 

Never trade above red upper tma band.

Zeus 5.2 Trade in trend
Zeus 5.2 Trade in trend
Zeus 5.2 Trade in trend
Zeus 5.2 Trade in trend
Zeus Support and Resistance Strategy
Zeus Support and Resistance Strategy
Emiliano.rar
compressed file archive 223.2 KB
Zeus Support and Resistance V.2
Zeus Support and Resistance V.2
Zeus V.2.rar
compressed file archive 133.1 KB
Zeus V.3 5min
Zeus V.3 5min
Zeus V3 5 min.rar
compressed file archive 161.4 KB
Zeus V.4
Zeus V.4
Zeus V.4.rar
compressed file archive 143.3 KB
Zeus 5
Zeus 5 update
zeus 5.rar
compressed file archive 397.0 KB
Zeus 5.1 Trade in trend
Zeus 5.1 Trade in trend
Zeus 5.1.rar
compressed file archive 617.4 KB
Symbol changer profit display v3.rar
compressed file archive 32.3 KB
Median Renko indicator
Median Renko indicator to apply at 1 min chart and after open offline chart M11.
Joy22
renko original chart indicator.rar
compressed file archive 42.2 KB
Comments: 4
  • #4

    Darpan bhagat (Saturday, 07 September 2019 04:56)

    Thank you very much for sharing this very few ppl share this in free of cost
    God bless you

  • #3

    Solinam (Wednesday, 12 June 2019 23:36)

    I slowed the box size of the median renko. 8-12 pips depends by pairs. Thanks.

  • #2

    Manuel (Wednesday, 12 June 2019 18:18)

    You are making me win for the first time in forex !!!
    God bless you. I bow.

  • #1

    myriam (Tuesday, 11 June 2019 01:44)

    I love this binary strategy!!! Joy22 is an my dream!!!! this trading system Zeus V. 2 is good also for forex!!!

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