Keltner Channels Reversal Forex Binary Options Strategy

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Keltner Channels Reversal Forex Binary Options Strategy

The Keltner Channels Reversal binary options strategy is a strategy based on the Keltner Channels indicator that shows a central moving average line plus channel lines at a distance above and below. The timeframe used for this method is 5 minutes or higher and have an expiry time of 4-6 candles or more but this is discretionary. This is applicable to any currency pairs for forex and indices. For indices, the 5-minute timeframe has an expiry time of 6-8 candles.

Metatrader Indicators:

  • Short term trend indicator,
  • SHI Trend Signaler,
  • Keltner Channels ATR 2.0 , period 21,
  • Dots,
  • Stochastic Bollinger Bands (stochastic period K 14, stochastic period D 3, Bollinger Bands period (12).

Call Entry:

  1. The price breaks the lower band.
  2. SHI Trend Signaler has a green dot.
  3. Blue Dots appear.
  4. Short-term trend has a blue line.
  5. The stochastic Bollinger bands in the sub window have an aqua bar.

Put Entry:

  1. The price must break the upper band.
  2. SHI Trend Signaler has a red dot.
  3. Red Dots appear.
  4. The short-term trend has a red line,
  5. The stochastic Bollinger bands in the sub window have a red bar.

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