Trading strategy for binary options Binary Cash Filtered
Binary Cash Filtered trading strategy has a trend character and is intended for trading binary options. In addition, the strategy can be used for scalping.
Input parameters
- Currency pairs: any.
- Timeframe: M1, M5, M15.
- Duration of the option: 3-5 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
- Zig Zag
- Daily open line,
- M5 Cash M15 (faster ema 1, slower ema 50, RSI 7)
- PB Fast 3 EMA
- Heiken Ashi
- NB Channel
- FX MACD Divergence (optional)
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.
- Set the template with the name Binary Cash filtered.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- The channel is directed upward and the price is above the opening level of the day (trend is directed upward).
- There is a white up arrow on the price chart (the indicator M5_Cash_M15).
- The PBF_Fast_3MAs indicator turned blue.
- The current candle is green (Heiken Ashi indicator)
Signals indicating the purchase of a PUT option (predicting a downward movement)
- The channel is directed downward and the price is below the opening level of the day (trend is directed downward).
- A white down arrow appeared on the price chart.
- The PBF_Fast_3MAs indicator has turned purple.
- The current candle is red.
First of all, it should be noted that Binary Cash Filtered is a trend strategy, so it is necessary to open trades only in the direction of the current trend. Otherwise, you risk a significant loss.
Note that the key indicator of the M5 Cash M15 strategy is an analogue of the famous Comodo indicator for binary options, which can redraw the signals. The other indicators do not redraw their readings.
Overall, trading strategy for binary options Binary Cash Filtered looks quite interesting. Of course, before using it on a real deposit, we strongly recommend testing it on demo account.
Download Strategy Template and Indicators