Submit By Dimitri

Nerpa is a indicator arrow trend momentum for Binary Options High/Low.

Features of Nerpa Indicator:

Terminal: Metatrader 4.

Currency pairs: Majors, Minors and Commodities.

Time Frame 1 min. Scalping 1 min and 5 min.

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Expiry time: 3 min or three candles.

Nerpa Indicator is formed by oscillator Stochastic and slow simple moving average.

Stochastic level Up 85, level down 15.

Simple Moving Average Smoothed 75 period.

This strategy could be used for very fast scalping with 2-5 target pips and stops below the signal bar.

Metatrader 4 Indicators

Nerpa default setting

Candle time

Future FX (default setting).

Simple moving average 70 period

Tradig Rules Nerpa Binary Strategy

Trading only in the direction of the trend.

(In leaft corner of the window there are the informations of the probability of the movement of candles) (the trade can be confirmed if probabilities are in favor) but this information can be optional.

Call or Buy

Price above simple moving average smoothed.

Buy arrow of Nerpa Indicator (expiry time 3 min).

Initial stop loss below candle with Nerpa signal or profit target ratio stop loss 1:1.

Put or Sell

Price below simple moving average smoothed.

Sell arrow of Nerpa Indicator (expiry time 3 min).

Initial stop loss above candle with Nerpa signal or profit target ratio stop loss 1:1.

In the pictures Nerpa Binary Strategy in action.

Update by joy22 04/01/2020

I have added as a filter the stochastic oscillator with setting (5, 5, 4), the Nerpa signal is confirmed if the stochastic has crossed in the same direction as the nerpa signal.

Trading rules Nerpa for forex

Buy

Price above 70 simple smoothed moving average, close.

Nerpa Buy arrow.

Stochastic color oscillator crosses upward.

Sell

Price below 70 simple smoothed moving average, close.

Nerpa Buy arrow.

Stochastic color oscillator crosses upward.

The signal can be traded up to three bars after the signal provided that all conditions have been met.

These signals filtered in this way can work on each time frame for forex.

This is a great winning trading technique.

See examples of Nerpa signals for Forex trading.

Note the YMS Scalper 1.2 "commercial" indicator ?! being the same algorithm but with a different setting it can be filtered in the same way.

Download indicator Nerpa and template below.

https://t.me/freeforexresources  Telegram Channel 

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