152# Trend Direction Force Reversal Trading

Trend Direction Reversal Trading is a binary options strategy that is good also for scalping based on Trend direction force , Money flow index and OBV indicator.

Time Frame 5 min or higher.

Financial markets: Forex, Indices and Commodities.

This trading system is for any sessions but do not trade before the economic news.

Expiry Time 2-3 candles.

Metatrader indicators:

Optional indicators

Bollinger Bands (20, 2),

Bollinger Bands (10, 2),

SR TLB,

Donchian Channel,

1a-ps mt.

Trend Direction force V.3.

Money Flow Index (2),

Cycle Identifier,

Commodity Channel Index (3),

On Balance Volume.

Trend Direction Force Reversal Trading Rules (level 1)

Buy

When Trend Direction Force touches -1 level wait the following conditions:

Money Flow index crosses upward Trend Direction Force,

Commodity Channel Index crosses upward Money Flow Index.

Price retraces below upper band (10, 2) optional.

Sell

When Trend Direction Force touches +1 level wait the following conditions:

Money Flow index crosses upward Trend Direction Force,

Commodity Channel Index crosses upward Money Flow Index.

Price retraces above lower band (10, 2) optional.

Profit Target (TF 5 min) 8-10 pips or middle band of Bollinger Bands (20, 2).

Place stop loss below lower band of BB (20, 2) for buy or above upper band of BB (20, 2) for sell.

In the pictures Trend Direction Force Reversal Trading in action.

Share your opinion, can help everyone to understand the forex strategy