Double Stochastic Binary Options Trading Strategy
Double Stochastic Binary System is an impressive momentum strategy. The main feature is the explosion momentum. This is not to be used in ranging markets. This method is applicable on a 5-minutes and has an expiry time of 10 to 15 minutes.
Technical Indicators
- Exponential moving average 4 periods,
- Stochastic oscillator (3,3,2),
- Stochastic oscillator (4, 2,2),
- Relative Strength Index ( RSI 7 periods),
- Bollinger Bands ( 20, 2).
- ADX (11 with level 30)
Call Entry:
- ADX (11) is greater than level 30.
- EMA (4) is greater than SMA (20- middle band);
- Stochastic oscillator (3,3,2) and Stochastic oscillator (4, 2,2) must cross upward Relative Strength Index from oversold.
- “CALL” when the price bounce on the 4 EMA.
Put Entry:
- ADX (11) is greater than level 30
- EMA (4) < SMA (20- middle band)
- Stochastic oscillator (3,3,2) and Stochastic oscillator (2, 2,2) must cross upward Relative Strength Index from overbought.
- “PUT” when the price bounce on the 4 EMA.
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