Price Action Channel Binary Options Trading Strategy

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Price Action Channel Binary Options Trading Strategy

This price action channel binary system is a trend strategy based on the action of the price market. This is useful in forex, stocks, futures and indices markets. This system works on a 15-minute or higher timeframe. The expiry time depends on the markets, but usually, you can have it 3-6 bars.

Do not enter within 22:00 and 23:00 GMT Berlin when you use timeframe 15 min 30 min or 60 minutes.

Metatrader Indicators:

  • Price channel:
  • median envelope 10, envelope period 10;
  • Color CCI (14 periods green bar=buy – red bar= sell yellow bar do not trade).

Call Entry:

  1. Color CCI oscillator should be above the zero line with the green bar.
  2. The price must rise or close above upper band.

Put Entry:

  1. Color CCI oscillator should be below the zero line with the red bar.
  2. The price must rise or close above lower band.

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