Binary options strategy RSI and SFX MCL filtered by Trend Reversal:
This is a system of Janus Trader author.
How to trade with Binary options strategy RSI and SFX MCL filtered by Trend Reversal System?
Time Frame : + 5 min time expire 60 min,
+ 15 min Time expire 180 min,
+ 30 min Time wxpire 320 min.
Currency pairs major: EUR/USD, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Metatrader indicators: SFX MCL indicator, RSI Indicator (5-period) with two moving averages 11 and 34 periods; Stocastic Indicator (14,3,3)-low-High; Pivot points Levels-Trend Reversal indicator
Entry Position for Binary options strategy RSI and SFX MCL filtered by Trend Reversal system:
– Long Entry: + SFX MCL indicator line green >line blue
+ Wait crossing upward the RSI indicator, Moving Average of 17 and 34;
+ Trend Reversal indicator bars acqua;
+ Stochastic indicator crosses upward but is not in oversold Zone.
– Not to Buy: + If the Stochastic indicator is in oversold Zone;(Stochastic as filter)
+ If the RSI indicator is >80;
– Short Entry: + SFX MCL indicator line green <line blue
+ Wait crossing downward the RSI indicator, Moving Average of 17 and 34;
+ Trend Reversal indicator bars red;
+ Stochastic indicator crosses downward but is not in overbought Zone.
– Not to Sell: + If the Stochastic indicator is in overbought Zone;(Stochastic as filter)
+ If the RSI indicator is <20;
Target One Touch points: + 5 min Time Frame 15 pips or first Pivot Points Levels in the market direction;
+ 15 min Time Frame 18 pips or first Pivot Point Levels in the market direction;
+ 30 min Time frame 22 pips or first or second Pivot Points Levels in the market direction.