273# 60 Sec Binary
Super Trend Momentum Strategy
Fast RSI as filter
Submit by Ron
60 Sec Binary strategy is a trend momentum strategy based on Complex indicator formed by the following indicators and oscillators: two averages (one slow, the other fast), Relative Strength index, Commodity channel index, Stochastico oscilattore, ADX, Bull, Bear, Bollinger Bands. In reality, an index is statistically defined as a summary of the previous indicators. The non-repainting index and the signals it generates are filtered by the hyper-bought and oversold areas of the RSI. The non-repainting index and the signals it generates are filtered by the hyper-bought and oversold areas of the RSI.
This index called 60 sec is used for trading with high / low binary options and forex trading (provides scalping signals).
Time Frame 1 min for binary options high/low, for forex 1 min or higher.
Currency pair: all, stock indices, stocks, commodities.
Expiry time 10 candles.
Metatrader 4 indicator:
60 Sec index setting:
fast ema 5 period, close;
fast ema 12 period, close;
RSI 12 period, close;
CCI 21 period, close;
Stochastic oscillator ( 5,3,2, OB 60 -OS 40);
ADX 34 period, close;
Bulls 50 period, close;
Bear 50 period, close;
Bollinger Bands 20 period, deviation 1.6.
RSI 4 period, close.
Trading rules 60 Sec Binary
Call
Green arrow of 60 sec.
RSI below 30 level (filter).
Profit target opposite bands or 4-10 pips depends by currency pair.
Initial stop loss below the previous swing low.
Put
Red arrow of 60 sec.
RSI above 70 level (filter).
Profit target opposite bands or 4-10 pips depends by currency pair.
Initial stop loss above the previous swing high.
In the pictures 60 Sec Binary in action.
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