Trading strategy for binary options Kenox Binary System
Kenox Binary System trading strategy is intended for trade binary options with a short expiry time and built on the basis of the KENOX Binary Indicator, based on the ADX indicator (13) with additional filters on the moving averages and Parabolic.
Input parameters
- Currency pairs: any.
- Timeframe: M
- Duration of the option: 2-3 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
- KENOX Binary Indicator
- EMA (20, close)
- EMA (11, close)
- EMA (3, close)
- Parabolic (0.01, 0.1) 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.
- Install a template named Kenox Binary System.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- Red (fast) moving average is above the blue and dotted moving averages.
- Optional prerequisite: the price is above the Parabolic.
- A green arrow appears.
Signals indicating the purchase of a PUT option (predicting a downward movement)
- The red moving average is below the blue and dotted moving averages.
- Optional prerequisite: the price is below Parabolic.
- A red arrow appeared.
According to the experts of ForTrader magazine, the use of trading strategy for binary options Kenox Binary System trend indicators Parabolic and moving averages may cause some lag, so you can replace them with modified versions in which this disadvantage of trend indicators is eliminated. Also, to minimize trading risks, it is recommended to buy options exclusively in the direction of the trend.
Download template and indicators