222# 60 Seconds Binary System with RSI

Submit by Mario

60 Seconds Binary System with RSI is a momentum strategy filtered by bollinger Bands. The system is based on fast RSI and Bollinger Bands.

Time frame 1 min for binary options.

Time Frame without binary options 1 min or higher.

Currency pairs: EUR/USD, CHF/USD, USD/CHF, USD/CHF, USD/JPY

Expiry time 1 candle

Setup Chart

Bollinger Bands period 20, deviation 2.0,

RSI 4 period with levels 93 and 7. This choice was made based on the analysis of historical data, and on multiple currencies.

This strategy has a profitability with this range 60-75%.

Trading Rules 60 Seconds Binary System with RSI

Call or buy

Price out the lower band.

RSI (5) below the level 7.

Open an call order at the opening of the nex candle.

For trading without binary options place stop loss 3-40 pips below the lower bands depends by time frame and pairs.

Make profit before of the middle band or with ratio stop loss 1:1.

Put or sell

Price out the upper band.

RSI (5) above the level 93.

Open an put order at the opening of the nex candle.

For trading without binary options place stop loss 3-40 pips above the upper band depends by time frame and pairs.

Make profit before of the middle band or with ratio stop loss 1:1.

In the pictures 60 Seconds Binary System with RSI in action.

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