24# Scalper Signal with Bollinger Bands and Stochastic

Submit by joy22 09/2024

 

The Scalper Signal is a versatile and user-friendly forex and binary options strategy that works well for both beginner and advanced traders. Below is a trading strategy that incorporates the Scalper Signal strategy to maximize trading accuracy. This strategy is also great on forex.

Timeframe:

  • M1 to M15 (recommended M5 for turbo options and M15 for standard options).

Expiration:

  • 3 candles for the chosen timeframe (for M5 timeframe, expiration would be 15 minutes, and for M15, it would be 45 minutes).

Indicators Setup:

 

  1. RSI arrow on chart:

    • This indicator generates simple BUY and SELL arrows based on market signals, and it highlights the signal candle on the background for easy identification.

    • Setting 3 periods.

  2. Bollinger Bands (20, 2):

    • Helps identify market volatility and potential reversals. Look for price touching or moving outside the bands.

  3. Stochastic Oscillator (5, 3, 3):

    • Confirms overbought and oversold conditions. A bullish crossover below 20 indicates a potential BUY, while a bearish crossover above 80 signals a potential SELL.

Scalper Signal with Bollinger Bands and Stochastic
Scalper Signal with Bollinger Bands and Stochastic

Trading Rules:

CALL Option (BUY) Setup:
  1. Scalper Signal: Green arrow appears, signaling a potential upward move.

  2. Bollinger Bands: Price is near or below the lower band, indicating a possible reversal.

  3. Stochastic Oscillator: Bullish crossover where %K crosses above %D below the 20 level, confirming oversold conditions.

If all three conditions are met, place a CALL option with an expiration of 3 candles.

PUT Option (SELL) Setup:
  1. Scalper Signal: Red arrow appears, signaling a potential downward move.

  2. Bollinger Bands: Price is near or above the upper band, indicating a possible reversal.

  3. Stochastic Oscillator: Bearish crossover where %K crosses below %D above the 80 level, confirming overbought conditions.

 

If all three conditions are met, place a PUT option with an expiration of 3 candles.

Scalper Signal with Bollinger Bands and Stochastic
Scalper Signal with Bollinger Bands and Stochastic
Scalper Signal with Bollinger Bands and Stochastic
Scalper Signal with Bollinger Bands and Stochastic

Trade With The Trend

Additional Filters:

 

  • Trend Identification: Use a simple trend identification method like a 200-period Moving Average to ensure that you're trading with the trend. For example, only take BUY signals when the price is above the 200-MA and SELL signals when the price is below it. Expiry time for binary 5 candles.

  • Candlestick Patterns: Incorporating candlestick analysis can help confirm market reversals (e.g., Doji or Engulfing patterns near support or resistance levels).

Scalper Signal trade with the trend
Scalper Signal trade with the trend
Scalper Signal trade with the trend
Scalper Signal trade with the trend
Scalper Signal
Scalper Signal.rar
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5 min Binary Options Strategy High Low: Bollinger Bands Breakout

5 min Binary Options Strategy with Bollinger Bands, ATR Ratio and Turtle Channel

Submit by Joy22 20/09/2013

 

This 5 min Binary Options Strategy High/Low is based on the Bollinger Bands Breakout Method.

 

Markets: any.


Rules for: 5 min Bollinger Bands Breakout Binary Options Strategy High Low

 

Time Frame 1 min: expires time 5min

 

Metatrader Indicators:

ATRRatio indicator periods( 7,14,1);

Turtle Channel indicator (20-10);

Bollinger Bands (20, 1).

 

General Condition: trade only in diretion of the trend indicated by Turtle Channel indicator.

 

Buy Call

The Trend is up: Turtle Channel line Dodge Blue below the price;

ATR Ratio Value > gray line;

The price close out the upper band of the Bollinger Bands;

 Buy Call at open next bar.

Buy put

The Trend is up: Turtle Channel line red above the price;

ATR Ratio Value > gray line;

The price close out the lower band of the Bollinger Bands;

Buy put at open next bar. 

This Binary Option Strategy High-low: 5 min Bollinger Bands Breakout is also a good trading system for other financial instruments: Stocks, Forex, CFD.

5 min Bollinger Bands Breakout Binary Options Strategy High Low: Template and Indicators.

In the picture below 5min Binary Options Strategy High Low: Bollinger Bands Breakout in action.

5 min Binary Options Strategy High Low:  Bollinger Bands Breakout
5 min Binary Options Strategy High Low: Bollinger Bands Breakout

5 min binary

5 min Bollinger Bands Breakout Binary Options Strategy High Low
5 min Bollinger Bands Breakout Binary Options Strategy High Low: Template and Indicators.
5 min Binary Options Strategy with Bollinger Bands, ATR Ratio and Turtle Channel
5min binary options strategy bollinger b
compressed file archive 12.5 KB
Comments: 1
  • #1

    david tariot (Wednesday, 07 June 2017 21:56)

    please