316# Signals with RSI With Stochastic (Binary and Forex)
Super Momentum Strategy
High Precision Binary And Forex Signals
Submit by Joy22
Signals RSI With Stochastic are generates by combining the conditions of the two
indicators.
The first alert is from the RSI then the stochastic it touched the zero or one hundred level before the RSI signal or at the same time. This type of signal is quite accurate on sideways and
medium trend markets.
Setup Strategy
Time frame 5 min or higher.
Expiry time for binary options high/low 1 or 2 candles.
Forex Signals: time frame 4H and daily.
Currency pairs: any, Indices and commodities.
Metatrader 4 indicators:
Kasun arrow defaul setting
Stochastic Oscillator (3.3.3, close).
Trading rules Signals RSI With Stochastic (Binary and Forex)
Buy or Call
Kasun indicator buy arrow.
Stochastic oscillator touched the 0 level.
Sell or Put
Kasun indicator sell arrow.
Stochastic oscillator touched the 100 level.
Exit position for Forex signals
Place initial stop loss 50-100 pips below/above the alert bar.
Profit target ratio stop loss 1:1.15. This ratrio is low becaouse the profitability is very high.
Examples of trades.