54# RSI Reversal Arrow Binary Strategy
RSI Reversal Arrow binary Strategy is a contrtarian reversal strategy applieed at the binary options high/low.
Setup Strategy
Time Frame 1 min or higher.
Currency pairs:any.
Platform: MT4
Indicator Settings
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RSI Period: 2
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Overbought & Oversold Levels:
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Aggressive Approach: Overbought 95, Oversold 5
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Conservative Approach: Overbought 96, Oversold 4
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Timeframes: 1-minute, 5-minute, 15-minute, 30-minute
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Expiration Time: 1 candle (1 bar), Max 1 step martingale.
Trading Rules
Call (BUY) Trade Setup
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The RSI reaches the oversold level (5 for aggressive, 4 for conservative).
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A white dot appears, followed by an upward arrow (BUY signal).
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Enter a CALL option at the opening of the next candle.
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Expiration time: 1 candle.
Put (SELL) Trade Setup
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The RSI reaches the overbought level (95 for aggressive, 96 for conservative).
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A white dot appears, followed by a downward arrow (SELL signal).
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Enter a PUT option at the opening of the next candle.
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Expiration time: 1 candle.
Risk Management
Aggressive traders: Trade with 1-3% of account balance per position.
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Conservative traders: Trade with 0.5-1% of account balance per position.
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Avoid trading during high-impact news events.
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Consider confirming signals with additional indicators like moving averages or Bollinger Bands for better accuracy.
Final Tips
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The lower the timeframe, the more signals you will get, but also more false signals.
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The higher the timeframe, the fewer signals, but higher accuracy.
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Always backtest before using real money.
The Second signal of the day
The Second signal High/Low Binary Option Strategy
Submit by Mike Trader 10/04/2014
The Second Signal of the day is Binay Options Strategy High/Low end of the of the day (end of the session).
Time Frame 60 min.
Exiperes Time (end of the session).
Markets: Currency pair, Metals, Futures, Indicies.
Metatrader Indicator
King signal.
Rules for The Second signal of the day
Buy or Call at hthe second signal of the day.
Buy Call if the second signal of the day is buy arrow.
Buy Put if the second signal of the day is sell arrow.
This Binary options strategy is also a intraday system.
How to manage the exit position:
Exit at the end of the session;
Exit at the the pivot levels.
Exit with profit target predetermined.
Initial Stop loss on the previous swing after 25 pips in gai move stop loss at the entry point.
note
Use the filter, when a the 4-hour time frame is a movement sideways
Filter for The Second signal of the day at the 12 hours.
This strategy can be improved with a better signal arrow.
This is an idea that is based on the observation of the market and how important the New York session.
In this example ( The Second signal of the day) on the gold 10 trades 10 won.
The Second Signal
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#4
Does it matter?
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#3
Anyone know what these arrows are based on?
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#2
repaint signal ?
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#1
Hello,
Thanks for posting this. I am keen to try but the indicator is downloading in word. Please can you reformat?
Cheers