Bollinger Bands With WPR Forex Binary Options Trading Strategy

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Bollinger Bands With WPR Forex Binary Options Trading Strategy

The Bollinger bands with WPR binary options strategy is a trend-reversal system that is inspired by a classic strategy Bollinger bands and Moving Average. The suitable timeframe for this method is 5 minutes and higher with an expiry time of 3-5 candles. This works on commodities, stocks and forex market. Use this system during London and New York sessions.

Metatrader indicators:

  • Better Bollinger Bands (20, 2). Questo indicatore è diverso dalla classica Bollingrer Bands.
  • WPR Signal,setting WPR (14 or 21-period).
  • Moving Average LVMA 3 period.

Call Entry:

  1. The buy arrow must appear.
  2. The LWMA must cross the upward the middle band.
  3. Enter at the opening of the next bar.

Put Entry:

  1. The sell arrow must appear.
  2. The LWMA must cross downward the middle band.
  3. Enter at the opening of the next bar.

Note: if the entry bar touches the opposite band not enter (optional).

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