305# Binary Profit
Momentum: Binary and Forex System
Momentum signals generator
Binary Profit is a trading system for trading with binary options high low and for forex trading. Binary Profit is based on momentum indicators, ADX with DMI. The signal is generated by the crossing of the DMI but must be confirmed by the strength of the ADX and the other momentum indicators. So the logic is very simple these are immediate signals. The system consists of two templates: the first for trading with binary options at 1 min, 2 min, 3 min and 5 min time frame. The second is to trade in forex. Personally I apply this template to the daily time frame because it provides fast signals with high profitability.
Expiry time Binary options high/low 3-5 candles.
Time Frame 1 min or higher.
Trading sessions for binary London and New York.
Currency pairs:any.
Indicators
DeMarker 4 periods, close.
ADX 4 periods, close, with MA smoothed 4 periods with 55 levels.
DMI 4 periods, close.
Money Flow Index 2 periods, close.
Williams' Percent Range 2 peiods.
Profit 99 % only for Binary Options for time Frame by 1 to 5 minutes.
Trading rules for Forex
Buy
DMI green line abve red line.
ADX >55 or near level but that go upward.
DeMaker > 0,80 level.
DMI line near or on 100 level.
Williams' Percent Range line > - 20.
Sell
DMI red line above green line.
ADX >55 or near level but that go upward.
DeMaker < 0.2 level.
Money Flow Index line near or on o level.
Williams' Percent Range line > - 20.
Note:If ADX and DMI confirm the signal, only two momentum indicators can be used as signal confirmation.
Note:If ADX and DMI confirm the signal, only two momentum indicators can be used as signal confirmation.
On Chart D1 you can appreciate the precision of the signals 7 win 1 loss .
On second chart Chart D1 you can appreciate the precision of the signals 7 win 3 losses signals.
Note:If ADX and DMI confirm the signal, only two momentum indicators can be used as signal confirmation.
On Chart D1 you can appreciate the precision of the signals 7 win 1 loss .
On second chart Chart D1 you can appreciate the precision of the
Trading rules for Binary
Call
Aqua dot of Profit 99 % below the candle.
DMI green line abve red line.
ADX >55 or near level but that go upward.
DeMaker > 0,50 level.
DMI line >50 level.
Williams' Percent Range line > - 50.
Put
Aqua dot of Profit 99 % above the candle.
DMI red line abve green line.
ADX >55 or near level but that go upward.
DeMaker < 0,50 level.
DMI line <50 level.
Williams' Percent Range line < - 50.
Note:If ADX and DMI confirm the signal, only two momentum indicators can be used as signal confirmation.
As you can see, there are different entry rules between the two templates but not for signal confirmation.
This is a very discretionary system which is not suitable for beginners, for the daily time frame can be safely learned and I am sure it will give you the satisfaction of earning many pips.
Telegram Channel:https://t.me/freeforexresources
Share your opinion
john (Sunday, 27 September 2020 17:39)
Hi , add template please