Trading strategy for binary options Extreme CCI Binary System
Trading strategy Extreme CCI Binary System - it is a universal system for trading binary options with any expiration date.
Input parameters
- Currency pairs: any.
- Timeframe: any.
- Duration of the option: 2-3 candles.
- Bidding time: any.
- Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.
Used indicators
- TBLC (support and resistance),
- Pivot alert,
- V Custom (overbought/oversold levels -7/7).
- Divergence CCI 14 , CCI 21, CCI 30,
- 55 EMA (apply to high)
- 55EMA (apply to low)
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 CCI_DIV_Strategy.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- The price is above the channel consisting of moving averages.
- VCustom3 indicator (under the price chart) was in oversold area.
- On one of the three CCI indicators (under the VCustom3 indicator) there is an up arrow.
Signals indicating the purchase of a PUT option (predicting a downward movement)
- The price is below the channel consisting of moving averages.
- The VCustom3 indicator was in the overbought zone.
- A down arrow appeared on one of the three CCI indicators.
According to ForTrader, Extreme CCI Binary System trading strategy can be used not only for binary options trading, but also for ordinary trading as a trending strategy.
Download templates and indicators
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