275# Perfect Binary Signal
5 min up and down and RSI Hill
Double filter with trend regression ad support and resitance
Submit by Jacob
Perfect Binary Signal is a trend reversal trading system.
Perfect Binary Signal is a trading system for binary options high/low and for forex trading based on two momentum signals and two filter based on regression and Support and resistance. The signals are: 5 min up and down and RSI Hill. The characteristic of this trading system is that the signals generated by these two indicators are followed if the signal candle touches the edges of the channel or closes outside the channel bands.
Time frame 5 min or higher.
Currency pairs: Minor, Major, Indices and Commodities.
Exipiry time binary options high/low 5 min time frame 3 candles, 15 min time frame 2 candles.
Metatrader 4 Indicators:
Candle Timer;
Regression channel 200, 4, 1,27, 1,16.
5 min up and down;
News events;
Support and resistence lines.
HHLL (14, 12, 1.5).
Extreme Spike indicator (optional).
Trading rules Perfect Binary Signal
Call or buy
The signals generated by these two indicators (HHLL and 5 min up and down) are followed if the signal candle touches the edges of the low channel or closes outside the low channel band.
Or the signal is generated on the support.
Put or sell
The signals generated by these two indicators (HHLL and 5 min up and down) are followed if the signal candle touches the edges of the high channel or closes outside the high channel
band.
Or the signal is generated on the resistance.
Exit position for trading in forex
Place initial stop loss below/above n pips below the entry signal depends by currency pairs and time frame.
Profit target at the middle channel, at the opposite band or opposite signal.
Note: maximum two consecutive positions.
In the pictures Perfect Binary Signal in action.
Share your opinion.
Karamene Ekpokeme Richard (Saturday, 21 November 2020 14:46)
Yes m ready
Bethran Yaqub (Monday, 27 April 2020 04:51)
Can it be applied to mobile phone??
N (Wednesday, 27 November 2019 14:49)
It repaints when you close / reopen or change time frame. But the signals stays during the time you keep the MT4 open. However, if you trade just accordingly to above it could be pretty bad. I only used it for 2 days, I guess with more testing, and adding more own rules on when to do an entry. This might actually work, I will need to test it for 1-2 months to give a more precise comment on this indicator. (I am on binary)