Binario trading strategy

Binario trading strategy is based on a breakdown and following the market trend. The "Binario" system will be useful for beginning traders, as it is a very simple and clear strategy.

Marketplace: Forex;
 Currency pairs: GBPUSD, EURUSD, USDCHF ;
Timeframe: from H1;
Indicators : EMA(144) applies to High, EMA(144) applies to Close;
Strategy: on the breakdown;
Protective orders: StopLoss, TakeProfit, Tralling Stop.

Binario trading strategy indicators

On the working chart of the selected currency pair it is necessary to draw the so-called "Binario Lines", which are two moving averages:

a) EMAH(144) - exponential moving average with a period of 144 at the high prices (apply to High).

b) EMAL(144) - exponential moving average with a period of 144 on prices of lows (apply to Low).

Binario Strategy Rules

1. the trader should wait for the market price to be in the area of the "Binario lines". Then we wait market price breakdown one of these lines.

2. After a breakdown of one of the lines is necessary:

- Set a delayed BuyStop order at 25-30 pips (plus spread) above the top line of Binario.

- Set a delayed SellStop order 25-30 pips (plus spread) below the bottom line of Binario.

3. Level TakeProfit. Set a Take Profit, for example, at a standard value of 100 pips or at important Fibonacci levels.

4. Level StopLoss:

- Set the stop loss for the Buy position at 1-3 pips below the bottom line of Binario.

- Set the stop loss for the Sell position at 1-3 pips above the upper line of Binario.

It is also recommended to use trailing stop  The value of trailing and its step depends on the selected trading interval and financial instrument).

5. Exiting a trading position occurs when the profit target is reached, or when the StopLoss.

 

 

The Binario trading tactic is a market trend following strategy, so it is based on "catching" big trends. Based on this, small trading losses can occur quite often.