63# Forex Pips Striker for Binary and Scalping
Trend following System filtered by TMA
Submit by Joy22
Forex Pips Striker for Binary and Scalping is a trend following system filtered by TMA.
Setup
Time Frame 1 min or higher.
Currency pairs:any.
Expiry Time 1 minute time frame 10 - 15 candles.
Metatrader 4 indicators
indicators 1 (0.02. 0.2)
indicators 2 (12 , 2).
TMA ( 2.5 , 6, 56 period).
Trading Rules
Buy
When the price touches or breaks the lower band wait for the buy arrow, enter the position when the next candle.
Sell
When the price touches or breaks the upper band wait for the sell arrow, enter the position at the opening of the next candle.
Exit for forex trading
Stop loss at the previous swing high/low.
Profit ratio stop loss 1.1.15
Expected profitability 65/70%. This is a winning strategy.
Double Stochastic Binary System
Double Stochastic oscillator with Relative Strength Index
Submit by Olivier 11/06/2014
Double Stochastic Binary System is an impressive momentum strategy. The main feature is the explosion momentum.
Time Frame 5 min
Expires time 10 min or 15 min .
Technical Indicators
Exponential moving average 4 periods,
Stochastic oscillator (3,3,2),
Stochastic oscillator (4, 2,2),
Relative Strength Index ( RSI 7 periods),
Bollineger Bands ( 20, 2).
ADX (11 with level 30)
Buy Call
ADX (11) > level 30
EMA (4) > SMA (20- middle band);
Stochastic oscillator (3,3,2) and
Stochastic oscillator (4, 2,2),
cross upward Relative Strength Index from oversold
Buy Call when the price bounce on the 4 EMA.
Buy Put
ADX (11)> level 30;
EMA (4) < SMA (20- middle band);
Stochastic oscillator (3,3,2) and
Stochastic oscillator (2, 2,2),
cross upward Relative Strength Index from oversold
Buy Put when the price bounce on the 4 EMA.
Do not trade in range markets.
This is just an idea that can be improved and also applies to other TF.
