William’s Percent Range Binary Options Strategy
This binary options strategy is a trend following strategy, it means that you need to trade only in the direction of the trend. The trend is up when the price is above the line blue of the channel and RSI bars indicators are blue and the trend is down when the price is below the line red channel of the channel and RSI bars indicators are red.
The timeframes that work for this system are 15 minutes with an expiry time of 180, 30 minutes with an expiry time of 300 minutes, 60 minutes with an expiry time of 600 min and 240 minutes with an expiry time of 1440 minutes.
Metatrader Indicators:
- RSI chart Bars indicator (50 periods);
- Sell Zone Fibs;
- Buy Zone Fibs;
- Brain Trend Indicator;
- Xit Fib (Fibonacci retracement indicator);
- William’s Percent Range.
Put Entry:
- The trend is down the price is below the lower band of the channel.
- RSI chart Bars indicator (50 periods) is red;
- Brain trend red dot below the bar.
- The price is in Sell Zone.
Call Entry:
- Do the opposite of the put entry.
If the Binary Options Strategy is One Touch:
- Profit at first level in direction of the trend.
If Binary Options Strategy is High/Low wait time expires
This can work with high/low strategy.
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