53# LSMA in color Binary Options Strategy
LSMA in color indicator
Submit by MJ 09/04/2014
LSMA in color binary options strategy breakout high/low
LSMA in color is based on fast MACD ( 3,12,3, ma method 1) and LSMA in color indicator.
Markets: Currency pairs EUR/USD, GBP/USD, AUD/USD, USD/CHF, GPB/JPY, AUD/JPY
Commodity: Gold ,Silver us/oil.
Time Frame 5 min
exipers time 10 or 15 min (discretionary)
Time Frame 15 min
expires time 15 or30 min (discretionary)
Fxbinary alert (Fx tren indicator).
LSMA in color ( period 13),
Fast MACD 3,12,3, ma method= 1 (GSOH2 with green line and blue line ),
overbought level 0.0001, oversold level 0.0001
GSO alert (fractal indicator)
Rules for LSMA in color system
when the green line of GSOH 2 broken the overbought area buy if also Fx trend indicator and LSMA in color are green.
when the green line of GSOH2 broken the oversold area buy if also Fx trend indicator and LSMA in color are red
This binary options strategy high/low is good als for trading scalping.
How to manage position for scalping.
To exit position there are more options:
Exit when the lines of GSOH2 intersect in the opposite direction.
profit target stop-loss ratio 1.1
predetermined profit target 7 -10 pips
Initial stop loss on the previous swing after 6 pips in gain move stop loss at the entry point.