277# Barbarian Arrow
How to use Barbarian Arrow indicator
Polynomial regression as filter.
Submit by Buddy
Barbarian arrow indicator is a trading system for binary options high/low. The componets of the trading system are the following: Barbarian arrow, Polynomial regression (holy channel), Hr Candle and two moving averages.
This system has three main rules:
we wont se price on the red zone or blue zone of this price channel;
Barbarian arrow appear on the first twenty seconds of the candle open (TF 1 min or o the first 2 min TF 5 min);
The crossover of moving average.
Time Frame 1 min or 5 min.
Currency pairs: Major or minor, Commodities and Indices.
Expiry time 60 seconds or 30 second 1 min TF, 3 min 4 min or 5 min at 5 min time frame.
Metarader Indicators:
Holy Channel (degree: 1,2, 1.6. 2.6), period 200;
Hr Candle;
Barbarian Arrow.
Simple moving avrage 1 period, simple,close and magenta color;
Exponential moving avrage 1 period, tipical price HLC/3, and yellow color.
Trading rules Barbarian Arrow
Call
Price in blue zone or red zone.
Moving average exponential yellow above moving average simple.
Barbarian arrow appear in the first 20 second from open (TF1) or the first 2 min from the open (TF5). Open call for fast expiry time.
If the Barbarian arrow appear after 20 seconds or 2 min open a call position at the opening of the next bar. Expiry time 1 candle.
Put
Price in blue zone or red zone.
Moving average exponential yellow above moving average simple magenta.
Barbarian arrow appear in the first 20 second from open (TF1) or the first 2 min from the open (TF5). Open put for fast expiry time.
If the Barbarian arrow appear after 20 seconds or 2 min open a put position at the opening of the next bar. Expiry time 1 candle.
This is a discretionary winning strategy.
In the pictures Barbarian Arrow in action.
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