Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2361
Last fact that i overlooked guys, please ensure to also wait for price to breakout of the volume profile range before following signals..candlesticks that form within the range will be ranging and trades can only be taken once price breaks out of the volume profile range and also try and buy or sell as close to the 20 ema as mush as is possible since that is your dynamic support/resistance (base line)..price tends to reject this level quickly when we have confirmations, continuation trades after confirmations as illustrated in the screenshot are taken when price retraces to the 20 ema and rejects that level and with our indicators still confirming the current trend in this case a downtrend..

Sal i sure hope our charts are the same now :)
EURUSDM1.png


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2362
errol wrote:
Sun Aug 11, 2019 1:25 am
Last fact that i overlooked guys, please ensure to also wait for price to breakout of the volume profile range before following signals..candlesticks that form within the range will be ranging and trades can only be taken once price breaks out of the volume profile range and also try and buy or sell as close to the 20 ema as mush as is possible since that is your dynamic support/resistance (base line)..price tends to reject this level quickly when we have confirmations, continuation trades after confirmations as illustrated in the screenshot are taken when price retraces to the 20 ema and rejects that level and with our indicators still confirming the current trend in this case a downtrend..

Sal i sure hope our charts are the same now :)
:) i like that S/R line for VPR...
i get some idea with this indicator . i need to test in real market once market open.. i will post soon in BINARY OPTIONS page :)

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2363
Great if you going to test it live as well remember money management and only take trades where all conditions have been met :) ...

I would urge you to try it out on demo first until the rules become second nature...


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2366
According to the coder of the Value Chart indicator,
This indicator is not designed to be traded alone in fact it works great as an addition to an existing strategy. For example using the Value chart with the Zero Lag Stochastic set to 5,3,3. If you don't have Zero Lag Stochastic you can use a standard stochastic set to 3,3,5. when the Stochastic crosses above the 80 level and the Value chart is between 8 and 10 consider a sell or if the stochastic is crossing below 20 and headed up and the Value Chart is between -8 and -10 then consider a buy. I trade 60s Binary options with this strategy and it works great.
Chart: M5
Pairs: Any pair
Sessions: any session
Trade: Binary options or Forex
Trend: short term, intraday only, not long term; exit all at the end of New York session
Stop Loss: use Fractal indicator
Take Profit: between 3 to 50 pips
EURGBP20190810M5a.png
GBPJPY20190809M5a.png
EURGBP20190810M5b.png
Bands.mq4
(5.99 KiB) Downloaded 564 times
BB stops (new format) 1.3.mq4
(19.65 KiB) Downloaded 591 times
CHT_value_chart_v2.5.3.mq4
(12.73 KiB) Downloaded 622 times
MovingAverages1.2.mq4
(13.54 KiB) Downloaded 578 times
Sessions.mq4
(15 KiB) Downloaded 571 times
ZeroLag_Stochs_true.mq4
(5.03 KiB) Downloaded 597 times
Bollinger Band Rainbow EMA144.tpl
(6.43 KiB) Downloaded 531 times
ValueChart.tpl
(289.62 KiB) Downloaded 526 times

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2367
Banzai wrote:
Sun Aug 11, 2019 5:22 am
According to the coder of the Value Chart indicator,
This indicator is not designed to be traded alone in fact it works great as an addition to an existing strategy. For example using the Value chart with the Zero Lag Stochastic set to 5,3,3. If you don't have Zero Lag Stochastic you can use a standard stochastic set to 3,3,5. when the Stochastic crosses above the 80 level and the Value chart is between 8 and 10 consider a sell or if the stochastic is crossing below 20 and headed up and the Value Chart is between -8 and -10 then consider a buy. I trade 60s Binary options with this strategy and it works great.
Chart: M5
Pairs: Any pair
Sessions: any session
Trade: Binary options or Forex
Trend: short term, intraday only, not long term; exit all at the end of New York session
Stop Loss: use Fractal indicator
Take Profit: between 3 to 50 pips

Indicators:
MovingAverages1.2.mq4
viewtopic.php?t=8415735&p=1295393048#p1295393048

BB stops (new format) 1.3.mq4
viewtopic.php?p=1294807489#p1294807489

Sessions.mq4
viewtopic.php?t=8418142&p=1295385828#p1295385828

ZeroLag_Stochs_true.mq4
viewtopic.php?f=579496&t=8460390&p=1295 ... 1295369654
This looks really interesting. Thanks for sharing. Just a few questions - I loaded the template but some of the indicators are not part of it, so I added them manually. Those indicators don’t look the same as on your screenshots, specifically the BB stops. Do you use the default settings or other settings? Also, the fractal that must be used as an SL - do you use the default settings or a specific setting?

Thanks again for sharing.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#2368
schumdl wrote:
Sun Aug 11, 2019 8:49 am
This looks really interesting. Thanks for sharing. Just a few questions - I loaded the template but some of the indicators are not part of it, so I added them manually. Those indicators don’t look the same as on your screenshots, specifically the BB stops. Do you use the default settings or other settings? Also, the fractal that must be used as an SL - do you use the default settings or a specific setting?

Thanks again for sharing.
OK, I fixed it. I probably changed the colors in the code and it messed up the template.
For the fractal indicator, just used the default settings.
EURUSD20190809M5a.png


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