Trading strategy for binary options Binary Comodo
Trading strategy for binary options is built on the basis of the same name Binary Comodo indicator from Rita Lasker with additional filters.
Input parameters
- Currency pairs: any.
- Timeframe: M5, M15, M30.
- Duration of the option: on the M5 timeframe: 5-8 candles, M15-30: 3 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
- Binary Comodo Indicator
- Momentum indicator (default settings)
- I-Gentor LSMA-EMA (default settings)
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair.
- Install a template named Binary Comodo
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- A green up arrow appears
- A blue bar appeared on the Momentum Modulator indicator
- On the i-GentorLSMA&EMA indicator the green line overlaps the blue one
Signals indicating the purchase of a PUT option (predicting a downward movement)
- A red down arrow appears
- A red bar appeared on the Momentum Modulator indicator
- On the i-GentorLSMA&EMA indicator the red line overlaps the orange line
Download Strategy Template and Indicators