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Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Mon Mar 07, 2022 11:01 pm
by RplusT
wolfzeacker wrote: Mon Mar 07, 2022 9:42 am this indicator provides signals to trade in favor of the trend and in reversals.

I don't know exactly if it works or not, but for those who want to test it, feel free.
Image
Hi, where did you get that Indicator? I tried to Google it to see if it is being used in trading, but got no results.
So, having said this, the green squares look like multiple Trend Envelopes (as an example) with different settings. When one deletes the line, which I see as a distraction, it actually works very well. Have made some trades by relying on what it "suggests" i.e. when it started to plot for a reversal I simply went for it. Worked out well and I did not notice any repainting issues either. Thank you for sharing something that seems to be out of the ordinary.


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Tue Mar 08, 2022 9:32 am
by wolfzeacker
RplusT wrote: Mon Mar 07, 2022 11:01 pm Hi, where did you get that Indicator? I tried to Google it to see if it is being used in trading, but got no results.
So, having said this, the green squares look like multiple Trend Envelopes (as an example) with different settings. When one deletes the line, which I see as a distraction, it actually works very well. Have made some trades by relying on what it "suggests" i.e. when it started to plot for a reversal I simply went for it. Worked out well and I did not notice any repainting issues either. Thank you for sharing something that seems to be out of the ordinary.


Image
Hi, sorry, but who wrote the post was a friend, as i was not at home. this the center line should be adjusted to period 50, but if it's better I can remove it. I didn't have time to test how everything works on the live chart.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 1:22 pm
by RplusT
Never thought I'd be really fond of an Indicator. Have it on the chart since Monday and trade it on the sideline (on my wife's account....She's smiling, so you know the result.... :D )
So easy to trade, even on a 1M...If it plots on top and bottom at the same time, PA is in a squeeze. Let it get out of there. This way it does prevent me from going long or short too early on.

Anyway, I'm really would love to know who wrote this code.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 4:29 pm
by glyrad
RplusT wrote: Wed Mar 09, 2022 1:22 pm Never thought I'd be really fond of an Indicator. Have it on the chart since Monday and trade it on the sideline (on my wife's account....She's smiling, so you know the result.... :D )
So easy to trade, even on a 1M...If it plots on top and bottom at the same time, PA is in a squeeze. Let it get out of there. This way it does prevent me from going long or short too early on.

Anyway, I'm really would love to know who wrote this code.
Image
how to interpret this on trade entries sir?

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 5:00 pm
by RplusT
Well, that should be obvious from the chart display. You take only trades following the major direction and, like with trend envelopes, you trade the breakout. Put it on the chart and trade it. It will answer all your questions.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 8:05 pm
by sal
RplusT wrote: Wed Mar 09, 2022 1:22 pm Never thought I'd be really fond of an Indicator. Have it on the chart since Monday and trade it on the sideline (on my wife's account....She's smiling, so you know the result.... :D )
So easy to trade, even on a 1M...If it plots on top and bottom at the same time, PA is in a squeeze. Let it get out of there. This way it does prevent me from going long or short too early on.

Anyway, I'm really would love to know who wrote this code.
Image
i believe these green square dots are different settings of PSAR
0.02
0.03
0.04

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 8:07 pm
by RplusT
sal wrote: Wed Mar 09, 2022 8:05 pm i believe these green square dots are different settings of PSAR
0.02
0.04
0.001
Probably something like that. Haven't got time to play with that. Why don't you!?

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 8:41 pm
by sal
RplusT wrote: Wed Mar 09, 2022 8:07 pm Probably something like that. Haven't got time to play with that. Why don't you!?
yes. i check it match 0.02,0.03 & 0.04
i am doing similiar method with priceaction arrow..+BB
instead of breakout, i took reversal positon follwing trend of SAR

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 8:43 pm
by sal
RplusT wrote: Wed Mar 09, 2022 8:07 pm Probably something like that. Haven't got time to play with that. Why don't you!?
yes. i check it match 0.02,0.03 & 0.04
i am doing similiar method with priceaction arrow..+BB

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Posted: Wed Mar 09, 2022 10:18 pm
by RplusT
Good job, Sal. I like the visual impact of both versions. It just creates confidence to go the way one should and thus is easy to trade.