Trading strategy for binary options Trend Master
Trend Master trading strategy is intended for binary options and is based on a combination of volume, direction and trend strength indicators. In addition, the strategy can be used for classic intraday trading.
Input parameters
- Currency pairs: any
- Timeframe: M5 and higher
- Expiration time of binary options: 3 candles
- Trading times: London, New York
- 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
- EMA (10, close)
- Bollinger Bands (20, deviation 2.0)
- Fractals indicators (5)
- CHT Value charts (default settings)
- PVA volume suite
- Better volume (1.4, 100, look back 20)
- Trend Direction & Force (3, close)
- Trend Direction & Force (5, close)
- Trend Direction & Force (9, close)
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 a template named Trend Master
The schedule should look like this:
Signals indicating the purchase of a Call option
- A fractal upwards is formed above moving average;
- The lines of the three Trend Direction & Force indicators are above the zero line;
- A green bar has formed on the CHT Value charts indicator;
- The Better Volume indicator bar is above the red line.
Signals indicating the purchase of a Put option
- A downward fractal below the moving average was formed;
- The lines of the three Trend Direction & Force indicators are below the zero line;
- A red bar has formed on the CHT Value charts indicator;
- The Better Volume indicator bar is above the red line.
Recommendations of the author of the strategy
For a better understanding of the market situation, the author of the strategy added Bollinger Bands indicator as an optional filter - when the indicator bars are narrowed, it is not recommended to open trades.
When using the Trend Master strategy for intraday trading, it is recommended to place a stop loss below/above the previous local minimum/maximum. The deal is closed when a fractal is formed in the same direction.
Before you use Trend Master trading strategy for binary options If you have a real deposit, we strongly recommend that you test it on a demo account.
Download Trend Master Strategy Template and Indicators
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