Submit by Maximo Trader

SR with PT Binary Forex Strategy is a price actio binary and forex strategy based on the zone of support and resistance and a fast indicator of trend momentum as entry timing.

The binary options support and resistance indicator represents the price levels at which the price is most likely to stop or reverse. Thanks to this, you can not only predict reversals in any market, but also build your own trading strategy for binary options or use an existing trading strategy based on support and resistance levels.

Setup strategy

Terminal: Metatrader 4.

Times: Any.

Expiration: 1- 5 candles.

Types of options: Call/Put.

Trading Tools: All Currency Pairs, Gold, Nadaq, Oil.

Trading hours: 9am-5pm.

Forex time frame any

Metatrader 4 indicators

SR indicator: The support and resistance levels indicator has various settings that can be changed if desired. For example, you can set a greater number of levels thanks to the “maxLevels” parameter and increase or decrease the strength of the levels by changing the value of the “pivotStrength” parameter:

PT indicator show buy and sell arrow.

Trading rules

System logic

Support or resistance is a price level at which there is a high probability of stopping and reversing the downward trend. On the chart, it looks like a horizontal line that the market can cross, but after that the price almost immediately returns or stands at this level. After moving away from this line, the trend, in theory, should reverse and start moving in the opposite direction.

Buy

The price reaches the support zone with the related lines when the price rises on one of these lines, wait for the buy arrow to form and enter the position at the opening of the next bar.

Sell

The price reaches the resistance zone with the relevant lines when the price rises on one of these lines, wait for the sales arrow to form and enter the position at the opening of the next bar.

Exit position

Initial stop loss on the previous swing high/low.

Profit Target ratio stop loss from 1:1 to 1:1.3.

Money management for Binary options: Masaniello with 35 steps, D'Alembert progression.

Forex fix 1% or D'Alembert progression.

Submit by Maximo Trader 10/08/2010

This Strategy Binary Options is based on the metatrader indicators: JMO and Pivot Points Levels but is inspired at 1hr trading system Levels Reversal but i have add a new indicator for filter(P.magic rainbow v.7).

Time Frame 240 minutes: Exiperes time 240 min or 480 depends by depends on the risk that one is willing to accept.

Currency pairs any.

Markets: Forex, Stocks, CFD, Futurex, Gold, Silver and Oil.

Metatrader Indicators:

Pivot points Levels,

JMO indicator.

P-magic Rainbow .v.7 (for filter).

Buy

When that the price breaks a support Pivot Point level, wait that jmo indicator come back up from overbought area and crosses upward.

This condition is reliable if P-Magic Rainbow does not break the upper band.

P-Rainbow Magic should fluctuate within the bands.

Sell

When that the price breaks a resistant Pivot point level, wait that jmo indicator come back down from oversold area and crosses downward.

 This condition is reliable if P-Magic Rainbow does not break the Lower band.

P-Rainbow Magic should fluctuate within the bands.

Pivot Point Levels Reversal:  Binary options One/Touch

Time Frame 240 minutes: Exiperes time 960 min

 The Trading Rules are the same.

In the examples   Pivot Point Levels Reversal  in action

Level Reversal Trading system

Binary Options Strategy

Binary Options Strategy: Buy-Sell

Binary Options Strategy:Pivot Point levels Reversal

The Attack of the Viper: Binary Options Strategy