Parabolic Sar And RSI Fox Binary Options Trading Strategy
The Parabolic Sar and RSI Fox binary options strategy is a trend momentum strategy. This means that trading in the direction of the trend is an advantage. This binary strategy is discretionary the main feature is concentration before start trading when opening position because the trade is on the retracement price.
This system works best on a 15-minute timeframe with an expiry time of 30 minute or 2 candles. This is applicable to forex, indices and stock market.
Metatrader Indicators:
- Keltner Channels 9;
- Adaptive Parabolic( 0.07,- 0.02),
- RSI (6) levels 35 -65;
- Adaptive parabolic Histo (0.02 – 0.2)
Call Entry:
- RSI is greater than 65.
- Adaptive Parabolic dot dodger blue;
- Adaptive Parabolic histo bar dodger blue;
- “Call” when the price retraces on the red line.
Put Entry:
- RSI is less than 65.
- Adaptive Parabolic dot red.
- Adaptive Parabolic histo bar red.
- “Put” when the price retraces on the red line.
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