Trading strategy for binary options Impulse Trading
Impulse Trading Strategy is designed for binary options trading, and is based on a combination of an impulse indicator and 1-2-3 pattern.
Input parameters
- Currency pairs: any.
- Timeframe: M5 and above.
- Duration of the option: 4-6 candles.
- Bidding time: London, New York.
- Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.
Used indicators
- Impulse Indicator (level 20)
- 123 patterns
Installing indicators and strategy template
- Unpack the archive with templates and indicators.
- Copy the indicators to the folder MQL4 -> indicators.
- Copy the templates into the templates folder.
- Restart the terminal.
- Open the chart of the desired currency pair.
- Install a template named Impulse Trading.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- The aa-indicator pulse indicator shows a green pulse above the 20 level.
- The price broke the blue line of the 123PatternV6 indicator from the bottom up.
Signals indicating the purchase of a PUT option (predicting a downward movement)
- A red pulse above the 20 level appeared on the pulse indicator.
- The price broke through the red line from top to bottom.
According to the experts of fortrader.org, trading signals can be a bit late, it is recommended to introduce a strategy for binary options trading Impulse Trading additional indicatorsAlso, we do not recommend trading before or during the release of important economic events.
Download template and indicators
I have the following situation: at one broker, there were trades in the negative, and there were big differences in the price, the broker has one price for the asset, on the Metatrader - another.I am a beginner trader and I am just training on demo accounts. I would like to ask you advice: what would you do if you were me? Would you continue trading with technical analysis basics or use this indicator with a new broker?