Simple Binary Extreme Nemesis trading strategy

A simple trading system based on two oscillators (RSI and MFI) and DeMark indicator.

Trading strategy settings:

  • Currency pairs: any.
  • Timeframe: M1, M5.
  • Bidding time: any.
  • Risk Management: after the calculation stop loss choose such a lot volume that the risk was not more than 2-5% of the deposit on one transaction.

Setting the system indicators:

  1. Unpack the archive with templates and indicators.
  2. Copy indicators to the MQL -> indicators folder.
  3. Copy the templates into the templates folder.
  4. Restart the terminal.
  5. Open the chart of the desired currency pair.
  6. Install a template named 60s ben.

The schedule should look like this:

1

Signals indicating the opening of a long position (buying):

  1. Level RSI below 10.
  2. MFI is at the 0 level.
  3. DeMark is at 0.

2

Signals indicating the opening of a short position (sale):

  1. The RSI level is above 90.
  2. The MFI is at the 100 level.
  3. DeMark is at a level of 1.

3

Entry into the transaction is carried out at the opening price of the candle following the occurrence of signals.

Download Binary Extreme Nemesis strategy templates and indicators

Other Indicator Strategies

Leave a Reply

Back to top button