Rainbow Oscillator Binary Options Trading Strategy
This is a binary options strategy that uses a 5-minute timeframe that has an expiry time of 15 minutes. This system is applicable to major currency pairs, futures, and indices. This system uses an EMA or exponential moving average. This indicator determines a trend. It is best to trade based on the direction of the trend.
Metatrader indicators:
- Exponential Moving Average (5 periods);
- Stochastic oscillator (5, 4,3, low/High);
- Fisher Yurik (10 periods);
- Rainbow Oscillator binary (2, 10, 0);
- Accelerator Oscillator ;
- FXSniperT3 Indicator (cci periods 7, T3period 3, b 0.618).
Call Entry:
- All indicators are in the same direction, it must be in an uptrend direction.
- The stochastic must cross upward.
- Accelerator is green.
- FXT3CC is green.
- Rainbow oscillator binary is above green bars.
Put Entry:
- All indicators are in the same direction. It must be a downtrend.
- The stochastic must cross downward.
- Accelerator is red.
- FXT3CC is red.
- Rainbow oscillator binary is below red bars.
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