Binary Options Trading Strategies

Dynamic Channel Of Support And Resistance Binary Options Trading Strategy

December 18, 2016

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Dynamic Channel Of Support And Resistance Binary Options Trading Strategy

This binary options strategy is a reversal trading strategy based on a Dynamic channel Support- Resistance indicator. This indicator is based on the Gaussian function. The timeframes that is applicable to this system are the 60-minute timeframe with an expiry time of 60 minutes or at the end of the bar. 240-minutes with an expiry time of 240 minutes and daily timeframe with an expiry time of 24 hours or at the end of the day.

Metatrader indicators:

Support-Resistence Indicator;
Spike bars indicator V.3, setting H1 (EUR/USD,AUD/USD, 25 pips range,GBP/USD 27 pips, USD/JPY 20 pips, NZ/USD and USD/CHF 23 pips, EUR/JPY 27 pips, GBP/GPY 30 pips,) for time frame 240 (multiply by two the range) for time frame daily ( multiply by two the range)
Overbought and oversold indicator

Call Entry:

The overbought oversold indicator between the red lines.
The spike bar must form a red bar that closes below the lower band of the channel.
‘Call” at the opening of the next bar or wait That the price is greater than five pips compared to the end of the previous bar.

Put Entry:

The overbought and oversold indicator between the red lines.
The spike bar must form a blue bar that closes below the higher band of the channel.
“Put” at the opening of the next bar or wait That the price is less than five pips compared to the end of the previous bar.