Power Forex Binary Options Trading Strategy
Power binary options strategy high/low is a momentum strategy. There are 2 ways to trade using this system, first is volatility momentum and the second is trend momentum. The timeframe used for this method is 5 minutes and higher with an expiry time of 3-4 candles. This works on all currency pairs for forex, indices, and commodities.
MT4 Indicators:
- Arrow,
- Exponential Moving Average 21 period , close.
- Exponential Moving Average 50 period , close.
- Stochastic (5,3,3) close (oversold zone <20 – overbougth zone > 80)
- ADX 14 period with level 30.
- ELR color (4, 4, 2).
- First volatility-momentum
Call Entry:
- Arrow buy confirmed by
- ADX is less than 30 level.
- The stochastic must cross upward from the oversold area,
- ELR color must cross upward.
Put Entry:
- Arrow buy confirmed by
- ADX is less than 30 level.
- The stochastic must cross upward from the overbought area.
- ELR color must cross downward.
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