314# FX-BO-Signal Generator Tool

Submit by Dimitri

FX-BO-Signal Generator Tool is a trend action strategy. The strategy generates trend following signals but they are filtered mainly by the price levels that are considered important. In other words, important price levels must be identified through the strategy tools on which the price reacts and follow the signals that follow. There are two indicators to identify the price levels: Support and Resistance with the numbering of the times that in the recent past the price has reacted on that level and Sniper market which identifies the levels based on higher buy or sell areas. These two tools can be used together or individually. However, it can be noted that when there is an area with more verifications and medium or strong (sellers or buyers) the signal is very reliable.

Setup strategy

Type of strategy Trend action

Style: scalping day trading, multday, binary options High Low.

Time Frame 1 min or higher

currency pairs: Majors, Minors, Commodities and Indices.

Expiry time Binary options high/low 3-5 candles.

Metatrader 4 indicators

Sniper Market (with zone weak, medium and strong: buyers and sellers).

Sniper Killer.

Candle time.

Support and Resistance levels (with levels weak, turnocoat, proven and verified).

Master Trend

Binary code indicator.

Trading rules FX-BO-Signal Generator Tool

Find the important levels on the time frame chart where you want to trade.

The important levels are: medium, strong (buyers and sellers) and verified zone.

Then when medium and strong coincide with verified levels, there is an important price zone.

Buy or Call

Wait for the price to bounce off the level.

Arrow buy of the Binary code indicator above an important support level.

Entry at opening of the next candle.

Sell or put

Wait for the price to bounce off the level.

Arrow sell of the Binary code indicator below an important resistance level.

Entry at opening of the next candle.

Exit position for forex

Place initial stop loss below/above the levels.

Profit target with ratio stop loss 1: 1.4 or before the next level of support or resistance.

Example of trades,