284# Anaconda Binary Options and Forex Scalping
I-regression Channel with Support and Resistance.
Anaconda arrow.
Submit by Dimitri
Anaconda Binary Options and Forex Scalping is a trading system based on the Anaconda arrow an indicator based on more oscillators. so it is a summary of other indicators that already contains filter algorithms. In other words, it is not convenient to look for another algorithmic filter but the filters proposed for this Anaconda Arrow are dynamic with regression curves, TMA and static with support and resistance. These types of filters can be used separately or both, but be careful not to get confused. My advice is to start using them individually on a demo account and then combine them together but not necessarily.
This system is suitable for both binary options high / low and scalping.
Time Frame for Binary options High/low 1 min and 5 min
Expiry time 1 min time frame 4-7 candles
Expiry time 5 min 3-5 candles.
Scalping Forex 1 min, 5min, day trading 15 min and 30 min.
Sessions: all.
Plataform metatrader 4.
Metatrader Indicators:
Anaconda arrow do not recalculates
Candle Time
Price lines (61, 2.0, 110)
Price lines (61, 2.2, 110)
Support and resistance V.4
Trend indicator (regression ) 200 period, (K1 1,27, K2 1,6, K3 2,6)
Trading rules Anaconda Binary Options and Forex Scalping
With Static Support and resistance
Buy
Price bounces on the support.
Ancaconda buy arrow.
Sell
Price bounces on the resistance.
Ancaconda sell arrow.
With Dynamic curves
Initial stop loss on the previous swing high/low.
Buy
Price close below lower blue TMA
Ancanda Buy Arrow
Sell
Price close below upper red TMA
Ancanda Sell Arrow.
Exit position for all
Profit Target on the dynamic lines, static lines or with ratio stop loss 1:1.1
Initial stop loss on the previous swing high/low.
In the pictures Anaconda Binary Options and Forex Scalping
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