64# Money Flow Index Binary System
Money Flow Index with Weighted WCCI Binary Options Strategy High/Low
Submit by Leobin 21/06/2014
Money Flow Index Binary System is a trend momentum High/Low.
Time Frame 60 seconds: expires time 120-300 seconds;
Time Frame 5 min expires time 10-30 min.
Markets: Forex, Indicies, Stocks, Metals.
Weighted WCCI (30, 13, 200,100, 200);
Money Flow Index ( periods, 4, levels 80, 20);
Moving Average 100 (high);
Moving Average 100 (low).
Rules for Money Flow Index Binary System
Trade only in direction of the trend.
Price above moving average (100) channel;
Money Flow Index above 80 level;
Weighted WCCI: line dodger blue > green line and > of 100 level.
Price below moving average (100) channel;
Money Flow Index below 20 level;
Weighted WCCI: line dodger blue < green line and < 100 level.
The advantage of this Binary strategy is great profitability.
This binary system is also good for trading in the forex market.
Share your opinion, can help everyone to understand the forex strategy