Multi Parabolic SAR Trading Strategy for Binary Options
Multi Parabolic SAR trading strategy for binary options is built on the basis of three Parabolic in combination with the fx_trender indicator, which helps to identify different market phases.
Input parameters
- Currency pairs: any.
- Timeframe: M15 and higher.
- Duration of the option: 4 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.
Setting up the price chart
- Unpack the archive.
- Copy the template into the templates folder.
- Copy the indicators to the folder MQL4 -> indicators.
- Restart the terminal.
- Open the chart of the desired currency pair.
- Set the template with the name Multi Parabolic SAR.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- The price is above all three parabolics.
- On the fx_trender indicator, the price is above the upper red level.
Signals indicating the purchase of a PUT option (predicting a downward movement)
- The price is below all three parabolics.
- On the fx_trender indicator, the price is below the lower red level.
The experts at fortrader.org believe that Multi Parabolic SAR trading strategy can be used not only for trading binary optionsThe rules can also be used for trading currency pairs as a trend strategy if the rules are refined accordingly.
In addition, it is possible to increase the effectiveness of the strategy by replacing the Parabolic indicator with more advanced modifications.
Download template and indicators
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