Binary Point Reversal Trading Strategy
Content
The Binary Point Reversal trading strategy for binary options is based on using price reversal points to buy options.
Binary Point Reversal: Input Parameters
- Currency pairs: any, indices, commodities;
- Expiry time: 5 candles for M1, 3 candles for M5;
- Trading time: any;
- Risk Management: Choose an option volume where the risk is no more than 2 – 5% of the deposit per trade.
Installing indicators and system model
- Unzipping the file with models and indicators;
- Copy the indicators to the MQL4 folder -> indicators;
- Copy the templates to the templates folder;
- Restarting the terminal;
- Open the chart of the desired currency pair;
- Install a template called binary point rollback.
Signals that indicate the purchase of a call option
- A yellow dot and an up arrow have formed near the lower edge of the channel;
- White slope direction indicator line;
- The line of the Stochastic SMA indicator crosses the level 20 upwards (optional).
Signals that indicate the purchase of a put option
- A yellow dot and a down arrow have formed near the upper edge of the channel;
- Red slope direction indicator line;
- The line of the Stochastic SMA indicator crosses the 80 level from top to bottom (optional).
Additional use of the Stochastic SMA indicator makes trading more conservative — the number of entries will decrease, but its accuracy will be higher than with aggressive trading.
Before using the Binary Point Reversal trading strategy on a real deposit, we recommend testing it on a demo account.
Related Posts
FX Bolt Forex System Without MT4 Redesign
FX Bolt is a classic trading system based on a signal indicator, a…
1-2-3 MT4 Trading System
The 1-2-3 trading system comes with several trend-following trading indicators…
XARD FX Trading System
The XARD FX System has been developed with a combination of various tracking indicators of…
Sniper Scalp Strategy
The Sniper Scalp trading strategy is a system adapted for scalping. This system is…
Scalping MA Channel with Bollinger Bands
Channel Scalping MA with Bollinger Bands is a trend system filtered by the indicator…