Trading strategy for binary options The sun coming back Binary
Trading strategy for binary options The sun coming back Binary is based on the use of signals overbought и oversold Money Flow Index indicator with additional filtering of inputs for buying options.
In addition, the strategy The sun coming back Binary can be used for scalping and pipsing.
Input parameters
- Currency pairs: any
- Timeframe: M5 and older
- Expiration time for binary options: (4 candles for M5, 2 candles for M15 and older)
- Bidding time: any
- Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade
Used indicators
- CHT Value chart (period 5)
- Sinergy pro Support and Resistance lines.
- Money Flow Index (period 5, close, levels 20 - 80)
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 the template with the name The sun coming back Binary
The schedule should look like this:
Signals indicating the purchase of a Call option
- the price pushed away from the red line of the Sinergy pro indicator;
- Money Flow Index indicator line crossed the level of 20 from the bottom up;
- option purchase is made after the first bar of the green color of the CTH Value Chart indicator closes.
Signals indicating the purchase of a Put option
- The price pushed off the green line of the Sinergy pro indicator;
- Money Flow Index indicator line crossed the 80 level from top to bottom;
- option purchase is made after the first bar of the red color of the CTH Value Chart indicator closes.
Using the strategy for scalping and pipsing
The sun coming back Binary trading strategy can be used not only for binary options trading, but also for pipsing or scalping:
- the rules for entering the market remain unchanged;
- stop loss It is recommended to set it below/above the candle, on which the position is opened;
- Take Profit is set at a ratio of 1 to 1 with a stop loss order.
Trading strategy for binary options The sun coming back Binary The strategy is easy to learn and has effective trading signals. Before using the strategy on a real deposit, be sure to test it on a demo account.
Download The sun coming back Binary strategy template and indicators
Other profitable strategies for binary options
Binary Bands RSI trading strategy for binary options and intraday trading