Market Scanner System trading strategy for binary options
Market Scanner System trading strategy combines graphical constructions, designed to identify the trend, and standard indicators, used as filters. The system is suitable for trading binary optionsIt can be used for scalping and intraday trading.
Input parameters
- Currency pairs: any.
- Timeframe: M15 and higher.
- Duration of the option: 2-4 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.
Used indicators
- Aussy
- Auto-trend-line optional
- Market Watch
- Binary options trigger
- Market Scanner
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.
- Install the template named Market Scanner System.
The schedule should look like this:
Signals indicating a buy CALL option (predicting upward movement)
- The trend is directed upwards (we are guided by the graphical constructions).
- A white arrow upwards appeared.
- On the FlatScanner indicator, the blue line breaks the upper limit of the channel.
- A green square appeared on the Agimat MarketWatch indicator.
Signals indicating the purchase of a PUT option (predicting a downward movement)
The trend is downward.
A white down arrow appeared.
On the FlatScanner indicator, the blue line breaks the lower limit of the channel.
A red square appeared on the Agimat MarketWatch indicator.
First of all, we should note the versatility of the Market Scanner System trading strategy. In essence, this is an ordinary trending strategy that allows not only scalping, but also trading binary options, which are only gaining popularity over time.
The strategy has simple rules, which makes it accessible even to beginner traders, and more experienced traders can experiment with replacing the indicators that make up the trading strategy, which can increase its effectiveness.
The experts at fortrader.org recommend using Market Scanner System trading strategy to trade exclusively with the trend, because trading against the trend can have a negative impact on the deposit.
Download Indicators and Strategy Template
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