Trend Action Forex Binary Options Trading Strategy
The trend action with fractal support /resistance is a price action trend following strategy. This means that it is good when you trade in the direction of the trend. The suitable timeframe for this method is the 5-minute timeframe with an expiry time of 3 candles. This works on indices and forex market.
Metatrader Indicators:
- Fractal Support and resistance,
- Pivot and psycolevel,
- MA in color (100, 3);
- Non lag MA (35),
- Support and resistance,
- Clive histogram CCI,
- Heiken Ashi histogram,
- Volumes indicator,
Call Entry:
- NonLagMA green (period 35) and up (crossed) LWMA too green (period 100)
- Signal candle closes above NonLagMA and this bullish candle.
- Indicator TrendCCI repainted from red to green (the sooner 1-3 candles, the better).
- Indicator HA-Histo blue and shot, or at least touched MA6 line at its histogram. But “broke” – better to 100500%. The same spark 1-3
- The volume indicator (standard MT-4) turned green and still be green, ie volumes, such build up.
Put Entry:
- NonLagMA red (period 35) and down (crossed) LWMA too red (period 100)
- Signal candle closes below NonLagMA and this bearish candle.
- Indicator TrendCCI repainted from green to red (the sooner 1-3 candles, the better).
- Indicator HA-Histo red and shot, or at least touched MA6 line at its histogram. But “broke” – better to 100500%. The same spark 1-3
- The volume indicator (standard MT-4) turned red and still be red, ie volumes, such build up.
Recommended MT4 Broker
- Free $50 To Start Trading Instantly! (Withdrawable Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Claim Your $50 Bonus Here <<
Click here below to download: