298# OTC Binary Strategy

Submit by Santosh

OTC Strategy is trend momentum strategy for binary options high/low based on stochastic oscillator, bollinger bands and pattern model.

Time Frame 1 min, 2 min , 3 min , 5 min ,10 min 15 min, 30 min, 60 min.

Currency pairs: any.

Expiry time 1 candle.

Indicators

Stochastic oscillator 5,3,3

Bollinger Bands (10 period, deviation 2.0 )

pattern of price (small candle or doji with elephant candle (black or white) as setup for entry

Indicators setting see pictures

Indicators setting see pictures

In this strategy we have to trade with trend(that has long down or up trend)

you willl know that through the stochastic if was under the oversold for long time that's mean the trend is long down trend

if the stochastic was above the overbought (like 2 min or 3min )means trend is in long up trend.

Trading rules:

1/on down trend market

if you see many red candles are near to the lower bollinger bands. and you find a small green candle then

after that small green candle you find red candle , you take put trade immediatly after the red one. like this example 1 and example 2 AND 3

example 1 : 

example 2 and 3: 

2/ on up trend market

same of down trend market methode: if you see many green candles are near to the uper bollinger band. and you find a small red candle then after that small red candle you find a green candle ,then you have to take call trade immediatly after the green candle. like this example : 

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