303# Fibo Bars Pulsar Strategy
Fibo Bars Binary and Scalping
Fibo Bars with UTPOW and WA Explosion
Submit by Alexander
Fibo Bars Pulsar Strategy is a trading system for Binary Options high/low, scalping and day trading. This trading system is based on Fibobars indicator MT4. I built two models one conservative and the other more aggressive. The first model contains Fibobars and UTPOW the second FiboBars and WA Explosion. Fibobars indicator is a trend following indicator which draws green color bars for upward trend and red color bars for downward trend. This indicator achieves the best results in those currency pairs where the volatility between the bars, understood as average bar width, is lower.
The Fibobars Pulsar trading strategy is designed for binary options trading and, according to the author, has a monthly profit of 25%.
Setup strategy
Currency pairs: any
Expiry time for binary options: 4-6 candles for M5, 6-8 candles for M15, 10-12 candles for H1
Sessions: any
Risk Management: Choose a volume of this option so that the risk does not exceed 2-5% of the deposit per trade
Indicators Metatrader 4
FiboBars2
UTPOW
WA Explosion
Trading Rules Fibo Bars Pulsar Strategy
Conservative mode
Buy or Call
Fibobars green candle
UTPOW green line crosses upward red line.
Sell or Put
Fibobars red candle
UTPOW red line crosses downward green line.
Aggressive mode
Conservative mode
Buy or Call
Fibobars green candle
WA Explosion green bar above moving average.
Sell or Put
WA Explosion red bar above moving average.
Note: As an additional filter, a 50 period moving average can be used.
For trading with binary options it is recommended with this system to use the Masaniello Money Management that you find on this site just write in the Masaniello search.
Scalping and day trading fast profit target 3-5 pips 5 min.
15 min 5-9 pips.
In the pictures Fibo Bars Pulsar Strategy in action.
Share your opinion