Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#3381
Tabary wrote:
Sun Sep 13, 2020 1:50 am
RplusT wrote:
Sat Sep 12, 2020 9:28 pm


I've have tried my own calculation on the Indices......If the Input level is "A" then roughly calculate the PUT as A*1.0057 and the CALL as A/1.0057........ (can do that in a spreadsheet). It's pretty much accurate. You can continue this with every new level and get a grid. Anyone has got a better idea, please post it.


Excel.JPG


But then, the distance is exactly as if you take a level of the Mano Rounder (posted above) and go from there to the third level up or down. It's simple.

thankyou so much for this information sir, however i have a question about, from where or what data should be input to colum A4 ?
You have got to determine a Supply or Demand Level that has been established during the trading day and go from there. The price level of this horizontal line you put in A4.


Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#3382
RplusT wrote:
Sun Sep 13, 2020 2:00 am
Tabary wrote:
Sun Sep 13, 2020 1:50 am



thankyou so much for this information sir, however i have a question about, from where or what data should be input to colum A4 ?
You have got to determine a Supply or Demand Level that has been established during the trading day and go from there. The price level of this horizontal line you put in A4.
ohh ok, and the mano rounder indicator is actually do that but on a round number right sir?

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#3384
Tabary wrote:
Sun Sep 13, 2020 2:14 am
RplusT wrote:
Sun Sep 13, 2020 2:00 am


You have got to determine a Supply or Demand Level that has been established during the trading day and go from there. The price level of this horizontal line you put in A4.
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

#3386
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)
Screenshot_4.jpg

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#3387
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
Screenshot_1.jpg
Trend direction & force index - smoothed 1.01.mq4
(13.75 KiB) Downloaded 73 times
Screenshot_1.jpg
Screenshot_4.jpg
Screenshot_5.jpg

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

#3389
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.
Capture.PNG
Capture1.PNG
Capture2.PNG
Capture3.PNG
Capture4.PNG
Capture5.PNG
Capture6.PNG
Capture7.PNG