60 seconds Profit Master trading strategy for binary options and scalping
60 seconds Profit Master trading strategy is intended for trade binary options "60 seconds"but can also be used for scalping.
Input parameters
- Currency pairs: any
- Expiration time: 60 seconds
- Timeframe (for scalping): M5-M15
- Bidding time: any
- Risk management: choose such a volume of option (lot), so that the risk was not more than 2-5% of the deposit on one transaction
Used indicators
- SHI Channel (30, 9.0).
- Caixxa v.3 (Bollinger Bands period 21, deviation 2.0, overbought level -0.6, oversold level -0.6)
Setting indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the folder MQL4 -> indicators
- Copy the templates into the templates folder
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named 60 seconds Profit Master
The schedule should look like this:
Signals indicating the purchase of a Call option (opening a Buy position)
- The yellow Caixxa line pushed away from the lower boundary of the channel and crossed the blue line from the bottom to the top;
- a green up arrow appears.
Signals indicating the purchase of a Put option (opening a sell position)
- The yellow Caixxa line pushed off from the upper boundary of the channel and crossed the blue line from top to bottom;
- a red down arrow appeared.
Setting Stop Loss and Take Profit in Scalping
- stop loss is set above/below the previous local maximum or minimum;
- Take Profit is set at a ratio of 1 to 1 with the stop loss.
The presented method of entry is a conservative one. A more aggressive method involves buying an option without a rebound of the yellow Caixxa indicator line from the border of the channel.
Before using 60 seconds Profit Master trading strategy on a real deposit, we recommend that you test it on demo account.
Download the template and indicators of the 60 seconds Profit Master strategy
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