307# Boost Forex Strategy
Support and Resistance Strategy
Price action with momentum
Submit by Dimitri
Boost Forex Strategy is trading system based on the support and resistance filtered by DynamicTtraders Index. This forex strategy is suitable also for Binary Options.
This strategy can be used in two ways: aggressive and conservative.
Aggressive =:You enter a position when the arrow appears on a support or resistance.
Conservative: You enter the position when the arrow appears but you expect the crossover of the green line with the red line of the Dynamic Traders Index.
Time Frame 1 or higher.
Currecy pairs: any.
Expiry time for binary Options 5 candles.
Metatrader 4 Indicators
In main chart
Support and resistance indicators.
Arrow.
High/low
Candle time
Autorefresh.
Trader Dynamic Index with RSI (period 5, close).
Trading Rules Boost Forex Strategy
Buy or Call
Buy arrow above support
Traders Dynamic Index green line crosses upward red line.
Sell or put
Sell arrow below resistance
Traders Dynamic Index green line crosses upward red line.
Exit position
Initial stop loss above/below the support or resistance zone.
Profit target near next SR zone or ratio stop loss 1:1.3.
In the pictures Boost Forex Strategy in action.
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