Trading Signal Forex Binary Options Trading Strategy
The trading signal binary options trading strategy is a trend following system based on one signal indicator. To use this method, you must identify the current long-term trend. For you to do this, you have to go 1 timeframe higher. For example, if you are using a 5-minute timeframe, just go to the 15 minutes time frame which is 1 chart higher than the 5 minutes. The timeframe used in this method is 5 minutes or higher timeframe. This works on indices, commodities and forex market. The expiry time for this system is discretionary, it means you have to decide what needs to be done, in this case, when to exit.
On 5min time frame indicator will show you smaller intraday trend, ignore all signal against a broader 15 min time frame.
Example: 15 min time frame the trend is up but you get an sell signal on your 5 min time frame (ignore it) wait for a buy signal to enter.
The market must be in an uptrend and avoid trading in a sideway market.
Call Entry:
- The indicator must change color from orange to blue arrow.
Put Entry:
- The indicator must change color from blue to orange arrow.
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