95# Steenmarter Binary System
Stochastic alert and SVE RSI
Submit by Laursen 26/11/2014
Steenmarter Binary System is an trend momentum strategy based on the stochastic arrow indicator. The main feature of this binary system is the higher profitability.
Time Frame 30 min or higher.
Expiry time 5 candles.
Markets: Forex and Indicies.
Stocastic Arrow (3, 1, 3, 0, 1 level oversold 5, level overbought 95);
SVE RSI-I-fish (4-4);
optional indicators for forecast support:
MTF RSI dashboard;
Trading Rules Steenmarter Binary System
Trade only in the direction of the trend.
Price above Money line only buy, price below money line only sell.
Price above money line.
Stochastic arrow buy confirmed by SVE RSI below level 30.
Price below money line.
Stochastic arrow sell confirmed by SVE RSI above level 70.
In the pictures Steenmarter Binary System in action.