269# SR Binary
Accurate Support and Resistance Trading
Value chart Interpretation
Submit by Dimitry
SR Binary is a trading strategy for binary options High / Low with two different interpretations.
The first one from which the name is based solely on support and resistance and the signals are filtered by these lines: The signal must be generated on Support or Resistance if the spark plug with the dot preceding the breaks signal the SR lines the signal should not be taken in consideration.
The second interpretation (optional) is based on the Value Chart indicator as a filter, the candle with the dot Blue or red must have a corresponding Value Chart value equal to or greater than 1.5 or -1.5, if this condition occurs the signal is valid .
Time Frame 5 min o higher.
Currency pairs: any.
Expiry time SR Binary 1 candle, SR Binary with Value Chart 3 candles.
Metatrader 4 Indicators.
Super Signals V.2
Accurate Fast Support/Resistance indicator.
Trading Rules SR Binary
Green dot above Support.
Entry at the next bar.
Red Dot below resistance.
Entry at the opening of the next bar.
Signals are rarer and requires a lot of sensitivity that is acquired through practice.
Trading rules SR Binay with Value Chart
Trading Session 8:00 -21:00 GMT Berlin time frame 5 min
15 min or higher all sessions (for forex).
Green dot below candle anr the corresponding value of Value Chart must have a corresponding value equal to or greater than -1.5, entry at the opening of the next bar (expiry time 3 candles).
Red dot above candle an the corresponding value of Value Chart must have a corresponding value equal to or greater than +1.5, entry at the opening of the next bar (expiry time 3 candles).
This second strategy is also suitable for forex trading but at a time frame of more than 5 minutes.
In the pictures SR Binary in action.
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