12# Extreme Binary Sniper MT5
Price Action Trading System
Binary and Forex Strategy MT5
Submit by Alexander
Extreme Binary Sniper MT5 is a Binary and Forex Price Action Trading system.
The basic indicator of the system is Extreme Binary Sniper which is below the chart, this indicator repaints to provide a direction bias. Then the entry timing is determined by an arrow in the main chart which must principally agree with the indicator in the window below the main chart.
Time Frame 1 minute or higher
Binary time frame 1 minute, 5 minute, 15 minute, 30 minute.
Forex time frame 15 minutes or higher.
Expiry time Binary options high /low 3-5 candles.
Currency pairs: volatility pairs.
Metarader 5 Indicators
Boa Zig Zag arrow Duplex
Extreme Binary Sniper
FBW 3D BC
Support and Demand
TMA Central Bands (also this indicator repaint but it is used only as dynamic support and resistance).
Trading rules Extreme Binary Sniper MT5
Trade only in the direction of the support and resistance level which agrees with the indicator below the Extreme Binary Sniper main chart.
Buy arrow (FBW 3D BC).
Extreme Binary Sniper (green color).
TMA central Bands aqua color (optional).
The price go up from the support level.
Sell arrow (FBW 3D BC).
Extreme Binary Sniper (red color).
TMA central Bands red color (optional).
The price go down from the resistance level.
Note. Do not go into buying in the resistance zone, do not go into selling in the support zone.
Exit position for forex trading
Place initial stop loss below/above the previous swing high/low.
Profit target at the Fibonacci levels.
Note. This trading system is recommended more on forex than binary options. The results appear to be much better.
Examples of trades
Telegram Chanel: https://t.me/freeforexresources
Ananyi Alexander (Friday, 25 February 2022 22:40)
Dee nesty (Monday, 27 December 2021 01:51)
would love to try this indicator
Donald Wani (Friday, 10 December 2021 14:30)
My name is Donald Wani , Email firstname.lastname@example.org.
Thank you for the download link.
My God Jesus Christ will reward you greatly.
I appreciate the help.
Nosa Mcoliver (Saturday, 23 October 2021)
i need it .