70# Price Action Channel Binary System
Price Channel Trading
Submit by Ross 10/07/2014
Price action channel binary system is a trend strategy based on the action of the price market.
This free binary options strategy i have done since the buid 600 or better MT4.
Markets: Forex, Stocks, Futures, Indicies.
Time Frame 15 min or higher.
Expires time depends by markets (3-6 bars).
Metatrader Indicators:
Price channel:
median envelope 10, envelope period 10;
Color CCI (14 periods green bar=buy – red bar= sell yellow bar do not trade).
Rules for Price Action Channel Binary System
Buy Call
Color CCI oscillator should be above the zero line with green bar.
The price rise or close above upper band (the best option).
Buy Put
Color CCI oscillator should bebelow the zero line with red bar.
The price rise or close above lover band (the best option).
When to use time frame 15 min 30 min or 60 min, do not entry whitin 22:00 and 23:00 GMT Berlin.
This is a good strategy that can be improved share your opinion.
In the pictures Price Action Channel Binary system in action.
Write a comment
Devil (Friday, 11 July 2014 21:33)
hello, it looks a nice strategy.
what is the expiry time?