66# Color Stochastic Binary System
60 min Color Stochastic Binary Options Strategy High / Low
Submit by Freddyforex 28/06/2014
Color Stochastic Binary System is a strategy Trend Momentum, it'is based on two indicators: X2 Price Zone 2 ( trend indicator written by Xard777 and Color Stochastic ).
Time Frame 15 min or higher
Exipres time 60 min.
For 15 min time frame sessions: London and New York. (The best session is New York after 16:00 GMT Berlin).
For other time frame expires time is 4 bars.
Markets: Forex, Metals, Indicies, Stocks.
Metatrader Indicators setting:
X2 Price Zone 2:default;
Color Stochastic: (14, 3,3, price field close set:1)
This trading system is also good for trade without binary options (Fast Trading).
Why fast trading?
Because today in the financial markets there is a high volatility in the range of bars, caused by the high level of automation of trade,
then fast trading is a technique that can be profitable in which normal levels of stop can save themselves from price hikes and the target can be achieved.
Rules for
Stochastic Color Binary System
Buy Call
X2 Price Zone 2 green line;
Stochastic line color aqua (overbougth zone).
Buy Put
X2 Price Zone 2 green line;
Stochastic line color aqua (oversol zone).
In the pictures Color Stochastic Binary System in action.