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:
- The price breaks the lower band.
- SHI Trend Signaler has a green dot.
- Blue Dots appear.
- Short-term trend has a blue line.
- The stochastic Bollinger bands in the sub window have an aqua bar.
Put Entry:
- The price must break the upper band.
- SHI Trend Signaler has a red dot.
- Red Dots appear.
- The short-term trend has a red line,
- The stochastic Bollinger bands in the sub window have a red bar.
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