HomeBinary Options Trading StrategiesSimple Price Action Forex Binary Options Trading Strategy

Simple Price Action Forex Binary Options Trading Strategy

Simple Price Action Forex Binary Options Trading Strategy

The simple price action is a trading system that is based on support and resistance with overbought and oversold levels of the V custom 3 indicators. The timeframe used in this system is 5 minutes or higher with an expiry time of 1-2 candles. This method works in any financial market.

Metatrader Indicators:

  • Support and Resistance Barry,
  • Moving Average 21,
  • Vcustom3.

Call Entry:

  1. The custom indicator must have a green bar.
  2. The main chart must form the support (green dot).
  3. Enter at the opening of the next bar.

Put Entry:

  1. The custom indicator must have a green bar.
  2. The main chart must form the resistance(red dot).
  3. Enter at the opening of the next bar.

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Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
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