Forex Signal MA Crossing RSI Binary options strategy

Trading Strategies 0 787


Summary : 

Forex Signal MA Crossing RSI Binary options strategy is a scalping trading system that is applied to binary options high/ low. The timeframe used in this method are 5-minutes or higher that have an expiry time of 4 candles for 5 and 15 minutes, for 30 mins, 60 mins, and 240 mins, the expiry time would be 3-4 candles. This works on commodities, indices, and forex market. Trade only in the direction of the trend.

 

Metatrader Indicators : 

- Template 5 min setting Moving Average:

Simple moving average (50, Close)

Simple moving average (100, Close)

- Template 15 min, 30, setting MA:

Simple moving average (21, Close)

Simple moving average (50, Close)

- Template 60 min, 240, setting MA:

Simple moving average (11, Close)

Simple moving average (21, Close)

- Fisher indicator setting (as a filter to determine the direction of the trend: green color up, red color down):

Timeframe 5 min 200-period ,

Timeframe 15 min, 30 min 75-period,

Timeframe 60 min 50-period,

Timeframe 240 min 34-period.

- Signal MA crossing RSI (14, 8).

- Superscalper 28-period,

 

Trading Conditions

- Chart Timeframe : 5, 15, 30 Minute, 1, 4 Hour

- Currency Pairs : Any pairs.

 

CALL Position Entry : 

1.     RSI line is above moving averages.

2.     MA short must cross above MA long.

3.     Superscalper line blue.

4.     Fisher green bars;

5.     Enter at the opening of the next bar when conditions above are met.

 

PUT Position Entry : 

1.     RSI line is below moving averages.

2.     MA short must cross below MA long.

3.     Superscalper line yellow.

4.     Fisher red bars;

5.     Enter at the opening of the next bar if above conditions are met.

 

Exit Rules : 

- Profit Option : When Superscalper changes color

- Stop Loss Option : Previous swing

 

How to install Files?

- Download *.zip file.

- Copy Indicators folder to your Metatrader Directory / indicators /

- Copy Template folder to your Metatrader Directory / templates /

- Copy Libraries folder to your Metatrader Directory / Libraries /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select Template

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