55# Forex Binary System

Submit by Joy22  update 2024

Binary Forex system is a trend reversal strategy.

Time Frame

• 5 Minutes (M5): Expiry time 5-8 candles (25-40 minutes)

• 15 Minutes (M15): Expiry time 5-8 candles (75-120 minutes)

Markets

• Currency Pairs: Any

Indicators Setup

1. I-Regression Deviations:

   • Deviation: 2.0

   • Period: 200

2. MVX Fibonacci Indicator:

   • 220 bars with Zig Zag (12,5,3)

3. Volume Emphasized:

   • Volume period: 10

4. Ergodic CCI:

   • Default settings (momentum indicator). One the best indicator MT4 for short predictions.

Entry Rules

Buy (Call Option)

1. Price Action touches the lower red line of the I-Regression Deviations.

2. Wait for the Ergodic CCI to cross upward, signaling bullish momentum.

3. Once the Ergodic CCI gives a buy signal, execute a Call Option.

4. Set expiry time to 5-8 candles depending on the time frame (e.g., 25-40 minutes on a 5-minute chart).

Sell (Put Option)

1. Price Action touches the upper red line of the I-Regression Deviations.

2. Wait for the Ergodic CCI to cross downward, signaling bearish momentum.

3. Once the Ergodic CCI gives a sell signal, execute a Put Option.

4. Set expiry time to 5-8 candles depending on the time frame (e.g., 75-120 minutes on a 15-minute chart).

Risk Management for Binary Options

• Trade with a consistent risk per trade (1-2% of your account balance).

• Avoid trading during major news events to prevent volatility.

• Always wait for the confirmation from the Ergodic CCI to avoid false signals.

have a very good winning probability

Profit Target is 2:1 ratio stop loss froma my entry point. If may stop loss is 20 pips my targe is 30 pips.

Option is to use Fibonacci level.

In the picture Binary forex System in action.

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