The ADX Forex Binary Options Trading Strategy

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The ADX Forex Binary Options Trading Strategy

The ADX binary options trading strategy is a price action trend following system on the two ADX arrows indicators. This system is suitable for a 5-minute timeframe or higher with a discretionary expiry time but you can consider to 4-6 candles for the expiry time also. This works on indices, commodities, and forex market. The CC cloud is the trend indicator. It is important if you trade in the direction of the trend.

Metatrader Indicators:

  • CC cloud ( setting 240-time frame for trading 15 min, 30 min, 60 min, setting 60 min for 5 min time frame).
  • ADX nonrepainting ( 5-period),
  • ADX nonrepainting 83-period),
  • Elder impulse candle color,
  • ATR Ratio ( 5, 34 with 0.75 level filter )
  • ADX Level filter 25.

Call Entry:

  1. CC Cloud indicator must show an uptrend.
  2. The buy arrow must appear to enter position but check the D+ > 25 and ATR Ratio > 0.75.

Put Entry:

  1. CC Cloud indicator must show a downtrend.
  2. The sell arrow must appear to enter position but check the D- > 25 and ATR Ratio > 0.75.

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