80# RSI Extremums Binary Options Strategy
Polynomial regression with RSI extremums
Submit by Rumus 25/09/2014
RSI extremums binary strategy is an momentum-price action system.
Time Frame 30min, 60min 240 min daily.
Expires time:depends on the time frame used for the trade analysis. If you are using a 4hr or daily chart, your expiry must be at least 2-5 days to ensure your trade enters and stays in the money.
If you using 30- min and 60 min time frame expiry time is 4-6 candles.
Polynomial regression (120, bars);
AK Zig Zag,
Zig Zag pointer,
RSI Extremums indicator (8, 18, 34 ) with ma snoothed (2):
this indicator provides two signals traders on what direction to trade:
for sell or buy, depending on the market condition and the preceding trend
The indicator is displayed line in an indicator window below the charts. Check to see if the currency asset touches the green lines and the red lines on the chart and also check to see if they return to the blue line in the middle. Only currency pairs that can do this should be traded.
Rules RSI Extremums Binary Options strategy
A buy signal for the RSIExtremumsstrategyThe buy signal occurs when the price action of the asset touches the red lines on the chart, and the RSIExtremums Indicator is abve the ma smoothed . I
A buy signal for the RSIExtremumsstrategy. The buy signal occurs when the price action of the asset touches the green lines on the chart, and the RSIExtremums Indicator is below the ma smoothed.
This trading system is also good for trading in Forex Market, and Indicies.
In the pictures RSI Extremums in action.