Forex Signals Binary Options Strategy is a trend following price action strategy. This means you have to trade in the direction of the trend. This system is based on a fibotrend filter that predicts the price micro trends with great profitability.
Metatrader Indicators :
- Sonic chart Panel
- XPS8Trend Bars (aqua color buy, violet sell)
- Exponential moving average (4, Close)
- Exponential moving average (8, Close)
- Strength indicator optional.
- Chart Timeframe : 15 Minute or Higher Timeframe.
- Currency Pairs : Any pairs.
CALL Position Entry :
1. 4EMA crosses upward 8 EMA
2. Signal green dot
3. Trend bars is color aqua.
4. Fibo trend blue bar;
5. Enter at the next bar when the price action goes back to the EMA 4.
PUT Position Entry :
1. 4EMA crosses downward 8 EMA;
2. Signal red dot;
3. Trend bars is color violet. violet color;
4. Fibo trend red bar;
5. Enter at the next bar when the price goes back to the EMA 4.
Exit Rules :
- Profit Option : Signal dot color change or Pivot Level.
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