41# Three Candles High Low Binary Strategy
Binary Options Strategy Three Candles
Submit by Boris 16/01/2014
Three Candles High Low Binary Options Strategy is price action trend following trading system.
Time Frame 5 min, expires time 5 min.
Time Frame 15 min, expires time 15 min,
Time frame 30 min expires time 30 min,
Time Frame 60 min Expires time 60 min.
Markets: Forex (EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, EUR/JPY, GBP/JPY, Indicies: S&P500, Nasdaq 100, DAX, FTSE, Metals: Gold and Silver).
Metatrader Indicators and setting:
Trend Indicator: EMA+RSI Binary (setting current time frame);
only for time frame 5 min M-Candles (setting: for time frame 5 min M-candles 15 min,).
Rules for Three Candles High Low Binary Strategy
a: Identify a
trend with EMA+RSI Binary (up or down).
b: Enter (Buy Call or Buy Put) on the third consecutive candle which agrees with the same color.
EMA+RSI Binary trend green.
Two consecutive green candles.
Enter Call at the open of the third candle.
Binary trend red.
Two consecutive red candles.
Enter Put at the open of the third candle.
In the picture Three Candle High Low Binary Strategy in action.
NL (Friday, 29 April 2016 13:27)
Rather use the indicators above, just find coloured EMAs to determine trend.
AJ (Saturday, 22 August 2015 16:36)
Hi Boris. I have PureDeal trading plateform . What value of EMA and RSI should I plot on the chart ? Thanks. AJ.UK.
wilfred (Saturday, 22 February 2014 13:11)
The new upgrade for the meta4 does not accept the indicator for the ema+rsi. any idea as to wat to do?