Strategy for trading binary options Stochastic + CCI
Stochastic + CCI binary options trading strategy contains two main indicators: the Stochastic, which is the most popular technical analysis tool, and the CCI indicator. Also, this trading strategy uses another additional indicator Super Signals Channel, which arrows show the possible reversal of the price.
Three indicators are installed on the MT4 chart: Stochastic, CCI, Super Signals Channel (standard settings). The first two indicators are in the standard list of Meta Trader 4 indicators and give quite clear signals for binary options.
Trading strategy settings
- Currency pairs: any
- Timeframe: M30,H1 (expiration time is the same)
- Bidding time: 24/7
- Type of strategy: intraday
Terms of opening a Call trade
- Stochastic line breaks through the level of 20, going beyond the boundaries oversold areas.
- The CCI line breaks through the -100 level upwards.
- The Super Signals Channel displays a green arrow signal for a trend reversal.
Terms of opening a trade on the Put
- The stochastic line breaks through the 80 level.
- The CCI line crosses the 100 level downwards.
- The Super Signals Channel shows a red arrow on the chart.
According to ForTrader.org experts, the additional Super Signals Channel indicator often overdraws. It will be reasonable to use it only to confirm the signals of the two main indicators.
Download Indicators and Strategy Template