3 Bars High Or Low Binary Options Trading Strategy
This is a binary options strategy that works in financial markets such as Forex, Stocks, Futures, Commodities, Treasury Bond. The 3 bars high or low will indicate an entry on the opening of the 3rd bar and closes also in the same bar. You can use 1-minute to a higher timeframe in this system since this strategy is good for scalping also. This strategy is effective in a trending market. The image is based on a 5-minute timeframe. You have to indicate an expiry of 5 minutes also or whatever timeframe you are using.
MT4 Indicators:
- Trend indicator;
- ADX 14 > 19 optional filter – this indicator will help you identify the direction of the trend.
Setup:
- 2 bars in sequence bars must be either bullish or bearish. Also, it must be in slope.
Entry:
You can enter at the open 3rd candle.
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