96# MA Candles Binary System
MA, RSI Binary Trading
Submit by MJ 30/11/2014
MA Candles binary system is a trend momentum strategy. This Strategy is good also for scalping.
Time Frame 1min, 5min, 15 min.
Expiry time 15-30 candles.
Currency pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, AUD/JPY, JPY/GPB, EUR/JPY, USD/CAD, NZ/USD.
Index: DAX, S&P 500, Dow Jones.
Metatrader Indicators:
Color fill MA (3, 50, 100);
MA Candles Two color (34 period);
Gold Indicator,
RSI MA (5 , 200, 12).
Trading Rules MA Candles Binary System
Buy
Wait that appairs Arrow Buy;
Candle Dodger blue;
Line Dodger blue above yellow line.
When these conditions are agree buy at opening of the next candle.
Sell
Arrow Sell;
Candle Red;
Line Dodger blue below yellow line.
When these conditions are agree buy Put (or sell) at opening of the next candle.
Exit positions for scalping
Profit Target:
1 min time frame 12-15 pips, 5 min 16-20 pips, 15 min 20-30 pips, or at the levels of pivot points.
Place Stop initial stop loss 15-30 pips depends by currency pairs and the time frame.
In the pictures Ma Candles Binary System.
Share your opinion, can help everyone to understand the forex strategy
sreenewas (Tuesday, 02 December 2014 20:25)
HI, may i know about the arrows in the above system, are they non repaint or not