93# PFE Binary System
PFE trading
Submit by MJ 13/11/2014
PFE Binary systen is a trend following strategy. I Showed two templates based on PFE.
Time Frame 4H.
Expiry time 4-6 candles.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, USD/CAD, GBP/JPY, EUR/JPY, NZD/USD, USD/JPY, EUR/AUD.
Indicies: DAX, S&P 500, FTSE, Dow Jones.
General Rules PFE Binary System
Find a market in tendency.
This condition is essential.
Trade only in direction of the trend.
First Template
PFE Binary with Snake
Indicators:
Snake formed by three moving averages 34 period:
Exponential moving average period 34, close ;
Exponential moving average period 34, high ;
Exponential moving average period 34, low ;
Exponential moving average period 9, close.
Exponential moving average period 100, close ;
PFE (period 9, moving average period 9) with moving average smoothed (2 period, dev 1);
Buy Call
The snake above 100EMA.
PFE crosses upward MA.
Wait that the price bounce or touches on the Snake or 9 EMA.
Buy Call when these conditions are agree
Two typs of re-entry:
Re-entry with the previous conditions (see pictures)
Re-entry when the price bounce on 100EMA but wait that PFE crosses upward MA.
Tips:
if PFE crosses upward MA when IT's < 0, the expiry time is 6 candles or more;
if if PFE crosses upward MA when IT's > 0, the expiry time is 4 candles.
Buy Put
The snake below 100EMA.
PFE crosses downward MA.
Wait that the price bounce or touches on the Snake or 9 EMA.
Buy Put when these conditions are agree
Two typs of re-entry:
Re-entry with the previous conditions (see pictures)
Re-entry when the price bounce on 100EMA but wait that PFE crosses downward MA.
Tips:
if PFE crosses upward MA when IT's > 0, the expiry time is 6 candles or more;
if if PFE crosses upward MA when IT's < 0, the expiry time is 4 candles.
Second Template
PFE with 3SMA
Indicators
3SMA:Line red, Line Green .
3 MA Channel High/Low.
PFE (period 9, moving average period 9) with moving average smoothed (3 period).
Buy Call
3 SMA Line green above line red,
PFE crosses upward MA.
MA Channel above 3SMA
Buy Call when the price come back in the channel.
Tips the same of the previous template.
Buy Put
3 SMA Line Red above line gren,
PFE crosses downward MA.
MA Channel below 3SMA
Buy Put when the price come back in the channel.
Tips the same of the previous template.
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