48# Diamond Trader 60 min Binary Strategy
60 min Binary options strategy High/Low
Submit by Lucas 28/02/2014
Diamond Trader 60 min Binary Strategy is a trading system trend following filtered by ADX with a particular setting.
Time frame 15 min
Expires time 60 min
Diamond Trader (3, 3);
Ema crossover signal (4, 8),
ADX (14 periods with Ema 4 distance:5).
Rules for Diamond Trader 60 min Binary Strategy
General rule, trade only When ADX is below 4 EMA
We have two signal arrows for entry:
first Diamond trader for aggressive trade;
EMA crossover signal.
Buy Call
ADX<4EMA (exponential moving average),
Arrow buy.
Buy Put>4Ema (exponential moving average),
Arrow Sell.
The Diamond Trader repaint but when the volatility decrease it's more affidable.
Ema crossover signal do not repaint.
When the arrows are opposite, not to trade.
This idea for trading is good also for trade without binary options, for example for scalping but also with higher time frame (4h and daily).
See examples in the pictures
billybob164 (Thursday, 24 April 2014 05:29)
Hi Lucas; hope you check in here once in a while. The Diamond indicator does not work. Pink diamonds paint but the arrows DO NOT PAINT "live". They only paint statically when the chart is loaded. This makes the system worthless. Please check the indicators and update them as required. Thank you, B.