107# Signal MA crossing RSI Binary Options
Superscalping strategy for Binary Options high/Low
Submit by James 16/01/2015
Signal MA crossing RSI binary Options is a scalping trading system applyed at binary options high/ low but that you can us also at the higher time frame.
Markets: Forex, Indicies and commodities.
Time Frame 5min or higher.
Expiry time: (5 min , 15 min time frame) 4 candles,
(30 min, 60 min time frame and 240 min) 3-4 candles.
Metatrader Indicators:
Template 5 min setting Moving Average:
Simple moving average 50 period close;
Simple moving average 100 period close.
Template 15 min, 30, setting MA:
Simple moving average 21 period close;
Simple moving average 50 period close.
Template 60 min, 240, setting MA:
Simple moving average 11 period close;
Simple moving average 21 period close.
Other indicators:
superscalper 28 period,
Fisher indicator setting (as a filter to determine the direction of the trend: green color up, red color down):
time frame 5 min 200 period ,
time frame 15 min, 30 min 75 period,
time frame 60 min 50 period,
time frame 240 min 34 period.
Signal MA crossing RSI (14, 8).
Trading Rules Signal MA crossing RSI binary Options
Trade only in the direction of the trend.
Buy Call
RSI line above moving averages confirmed by:
MA short crosses above MA long;
Superscalper line blue.
Fisher green bars;
If these conditions are agree open position at the opening of the next bar.
Buy Put
RSI line below moving averages confirmed by:
MA short crosses below MA long;
Superscalper line yellow.
Fisher red bars;
If these conditions are agree open position at the opening of the next bar.
Tips:for the best entry ( buy put or call at the one third of the previous bar or setup bar).
If you use this trading system withot binary options trading these are the rules for exit position:
when Superscalper changes colour
recommended take profit fast with ratio 1:1 stop loss, o close with trade trailing stop.
Initial Stop loss on the previous high/Low swing.
Tips: You can use Multitime Frame filter.
In the pictures Signal MA crossing RSI Binary Options in action.
