125# 1 min, 5min Binary System

1 min, 5min trend action Binary System

Submit by Timmy 05/04/2015


1 min, 5min Binary System is a trend action strategy very fast.

Time frame 1 min chart or 5min

Markets: Currency pairs (majors), Indicies.

Indicators

Heikin Ashi Candles

Bollinger Bands [20,2]

Moving Average [31]

RSI [7] (grey line) plus Moving average MA [4] (yellow point)

Directional Movement +DI/-DI [6]


Buy Call


For CALL 60 you have to follow these conditions

Heikin Ashi Candles have touched the lower Bollinger Band that means a reversal of a trend.

+DI line (green) has crossed from below the -DI line (red)

RSI moving average (yellow dots) have crossed the 30-mark from below.

Make sure that at least two Heikin Ashi candles have formed in the same colour

(green). The best and most effective candles are Heikin Ashi candles without

shadow” or “wigs”.


Buy Put

For PUT 60 seconds Options you have to follow these conditions:

Heikin Ashi Candles have touched the upper Bollinger Band that means a reversal of a trend.

-DI line (red) has crossed from below the +DI line (green)

RSI moving average (yellow dots) have crossed the 70-mark from above.

Make sure that at least two Heikin Ashi candles have formed in the same colour (red).

The best and most effective candles are Heikin Ashi candles without “shadow” or

wigs”.

Keep also an eye on important support and resistance level. Avoid trading if the price is directly at the daily open/close. At freestockcharts.com you can visualise the daily open and close price that will be plotted onto your trading chart with a thin yellow and blue line, respectively. Attention: Don't trade if the volume is low. So, keep also an eye on the volume. The moving average MA [31] is NOT providing any signals but rather a trend indicator. You can adjust the directional movement indicator (+/- DI) for your currency pair and trading session. We use a slighly lower DI for the Asian market session oppose to a longer DI value for London or New York session.

In the pictures 1 min, 5min Binary System in action template for download below.

 1 min, 5min Binary System in action
1 min, 5min Binary System in action
 1 min, 5min Binary System in action
1 min, 5min Binary System in action

 

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

 

Comments: 10
  • #10

    William (Sunday, 09 January 2022 21:01)

    To all who tells about missing indicators in the .rar file,
    First, this is true, there is only the template.
    Second, the template states that are used the following indicators :
    - Heiken Ashi (4 input parameters are the colors)
    - Bollinger bands period 20, shift 0, dev 2.0, apply to 0 (probably close), color, style, weight, period_flags and show_data
    - Moving average : period 31, shift 0, method 1(EMA), apply 0 (close), color, style, weight, period_flags and show_data
    - Average Directional Movement Index/ADX : period 6, apply 0 (close), colors, styles, weights, etc... one level line at 30.00
    - RSI : period 6, apply 6 (Weighted close HLCC/4), two level lines at 45 and 55
    - Moving average on the RSI window : period 4, shift 0, method 1 (EMA), apply 8 (first indicator's data) etc...
    So, in theory, the only missing custom indicator is the Heiken Ashi but you could find it quite easily even on this website, see other strategies. This custom indicator should be placed into the folder of the custom indicators. So even if you don't have the custom indicator, at least you should be able to see all the built-in indicators : moving averages, RSI, ADX, Boll bands, etc...

  • #9

    wer (Thursday, 09 April 2020 20:24)

    wer

  • #8

    علي (Saturday, 25 January 2020 14:20)

    Is any one tried it and what the result and what the expaire time

  • #7

    venkat (Sunday, 03 February 2019 06:12)

    There is no .ex4 files only contain Tpl files please check it and re upload

  • #6

    Quinson (Friday, 22 June 2018)

    Suggested expiration? Many thanks in advance.

  • #5

    m (Thursday, 19 April 2018 15:10)

    i will test this strategy

  • #4

    Rich Seely (Monday, 30 May 2016 03:34)

    Great system, GBPUSD 1min. started at 8pm EST 5/29/2016 for 1-1/2 and 4 wins already. Thanks for sharing... :-)

  • #3

    Evrom (Monday, 15 February 2016 08:58)

    The archive is no indicator.

  • #2

    Justice (Thursday, 02 July 2015 22:00)

    That's very true Alexander. I have also downloaded and loaded the setup system onto my mt4 platform and is completely different as shown in the pictures above.

    Timmy could you please look into this so that the necessary changes would be made and I'd greatly appreciate it if you could record a detailed video with all the necessary explanations of you trading this strategy and sharing it. That'll be brilliant and I'll forever be thankful. Just in case you want to communicate in private (nikoi.nickson91@gmail.com)

    I look forward to hearing from you soon.
    Many many thanks.

  • #1

    Alexander (Tuesday, 30 June 2015 10:12)

    Hi Pal! I just downloaded the file and I think it isn't complete. The setup isn't as it is in the photo attached. I would really appreciate it if you look into it. Cheers!

1 min, 5min Binary System.rar
compressed file archive 936 Bytes