Submit by Dimitri 2024

The Alpha Binary Strategy is a price action strategy also suitable for forex scalping, aiming to capitalize on price volatility spikes.

Setup

• Time Frames: 1-minute and 5-minute

• Expiry Times:

  • 5 candles for 1-minute time frame

  • 3 candles for 5-minute time frame

• Currency Pairs: Majors and minors

• Optimal Trading Hours: 7:00 AM GMT – 7:00 PM GMT, as these hours tend to have sufficient volume.

• Avoid:

  • Low or squeezed markets with low volume

  • Trading 15 minutes before and after significant economic news releases

MetaTrader 4 Indicators

The following indicators support this strategy:

• Candle Countdown

• Trend Identifier (default settings)

• Support/Resistance M1 and M5

• Bollinger Bands (20, 2.0)

• Symbol Changer

• Wextreme (default settings)

• RsHillMMA (default settings)

• Value Charts HL

Trading Rules

Step 1 – Wait for the Signal

When a trading signal appears, an alert box will pop up on the chart.

Step 2 – Identify the Chart with the Signal

Locate the chart(s) showing the latest arrow after the alert. You may see multiple signals, so be attentive to identify the correct chart(s).

Step 3 – Allow the Candle to Complete

Important: Wait until the candle with the arrow fully forms.

Step 4 – Spotting Valid Trades

This is crucial for consistent results with the Alpha Binary Strategy. Follow these steps to confirm valid trades:

1. Wait for Candle Completion

   • As described above.

2. Confirm Support/Resistance Levels

   • Call Trades: Confirm that the candle finished above the Support Line (blue line for calls).

   • Put Trades: Confirm that the candle finished below the Resistance Line (red line for puts).

   • Avoid Trades if the candle finishes below the support line (for calls) or above the resistance line (for puts).

Step 5 – Additional Confirmation

1. Volume Confirmation

   • For Call Trades: The latest volume bar must be red.

   • For Put Trades: The latest volume bar must be blue.

   (Refer to the images for visual guidance on volume confirmation)

2. Value Chart Confirmation

   • The latest Value Chart should touch one of the lower red lines for Call trades or upper red lines for Put trades.

Note: The arrow could repaint but the confirmation conditions are very stringent. You can search for conditions, without the arrow and enter the position. The arrow is not decisive.

Bollinger Bands as Extra Confirmation

The candle with the arrow should be touching or closing outside the Bollinger Bands. Only if all criteria are met can you consider the signal valid.

Additional Tips

It’s recommended to display 6–8 charts on your screen simultaneously to increase trading signals, as shown in the image below.

Note: The strategy might seem complex initially, but practice will make it intuitive. Test it first on a demo account before transitioning to a real account. Below examples of trades. 

Submit by Andrew

The sun coming back Binary is a method of trading in this case applied at the Binary Options High/Low but is good for trading also without Binary. This trading method is based on momentum and oversold/overbought of the money flow index.

Time Frame 5 min or higher.

Currency pairs: major, indecies Gold and oil.

Expiry time 2 candles for time frame 15 min or higher.

Expiry time 5 min time frame 4 candles.

Metatrader 4 indicators setting

CHT Value chart 5 period.

Sinergy pro Support and Resistance lines.

Money Flow Index 5 period, close, levels ( 20 - 80).

Trading rules The sun coming back

Buy

When the Money Flow Index is in oversold zone wait that the MFI trigger upward the 20 level.

Entry at close of the CTH Value Chart first green candle.

Initial stop loss below the entry bar.

Profit Target ratio stop loss 1:1.

Sell

When the Money Flow Index is in overbought zone wait that the MFI trigger dwonward the 80 level.

Entry at close of the CTH Value Chart first green candle.

Initial stop loss above the entry bar.

Profit Target ratio stop loss 1:1.

This is an attempt to search for precision trading.

In the pictures The sun coming back in action.

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