Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

3381
Tabary wrote: Sun Sep 13, 2020 2:14 am

ohh ok, and the mano rounder indicator is actually do that but on a round number right sir?
No, it does not calculate anything. It is drawing lines at a distance set by the user of the indicator. For example, I set mine on the Indices for 5000, meaning 50 pips. Forex may have different numbers, depending on the digits. It just pointed out that the factor 1.0057 happens to coincide with 3 levels up and down. Don't think so complicated, just look at the history and you will see that S/D levels coincide with round numbers.


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

3383
new stratgey test
This is a combinatin of CANDLE PATTERN (pattern name i cant find the name)
PATTERN BELOW marked in snap
Previous Bearish trend bar = 0
Bullish bar = 1
Bullish bar open price >/= bar 1 close price = 2
Bullish bar = 3 ( open trade) if the below rules confirmed

1. Bars should be above MA (SMA 50 ) & SMA 9 should above MA 50
2. Parbloic SAR should be bullish trend (default setting)
3. MACD bars & MA should be above zero level (default settings)
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

3384
an update for new stratgey.
added 2 more indicators to give the trend strength position

UPDATE RULES
Previous Bearish trend bar = 0
Bullish bar = 1
Bullish bar open price >/= bar 1 close price = 2
Bullish bar = 3 ( open trade) if the below rules confirmed

1. Bars should be above MA (EMA 50 ) & SMA 14 should above EMA 50
2. Parbloic SAR should be bullish trend (default setting)
3. MACD bars & MA should be above zero level (default settings)
4. EMA 5 confrimed above EMA 50 & SMA 14
5. trend direction & force should be BLUE BAR/LINE
"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

3386
If you are trading short term expiry's I suggest you try and find patterns with indicators rather than signals with arrows. The problem with arrows/dots/colors is that its affected by volume and changes in short term volume can be very unpredictable, like when news hits, throws off the calculations in your indicator that produces the signal.

It's in my opinion that you look for patterns during trending times of a market and non trending times-patterns when volume is worth trading and when it is not.

But that's just half the battle - and my advice is to use the scanner found in the trix thread. I would say the best I used in terms of finding trending pairs. Better than any CSM's with no lag if you set it up properly.

When to enter is the trade is the half of the battle but is easy if you understand how candles work on MTF's.
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