96# MA Candles Binary System
MA, RSI Binary Trading
Submit by MJ 30/11/2014
MA Candles binary system is a trend momentum strategy. This Strategy is good also for scalping.
Time Frame 1min, 5min, 15 min.
Expiry time 15-30 candles.
Currency pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, AUD/JPY, JPY/GPB, EUR/JPY, USD/CAD, NZ/USD.
Index: DAX, S&P 500, Dow Jones.
Metatrader Indicators:
Color fill MA (3, 50, 100);
MA Candles Two color (34 period);
Gold Indicator,
RSI MA (5 , 200, 12).
Trading Rules MA Candles Binary System
Buy
Wait that appairs Arrow Buy;
Candle Dodger blue;
Line Dodger blue above yellow line.
When these conditions are agree buy at opening of the next candle.
Sell
Arrow Sell;
Candle Red;
Line Dodger blue below yellow line.
When these conditions are agree buy Put (or sell) at opening of the next candle.
Exit positions for scalping
Profit Target:
1 min time frame 12-15 pips, 5 min 16-20 pips, 15 min 20-30 pips, or at the levels of pivot points.
Place Stop initial stop loss 15-30 pips depends by currency pairs and the time frame.
In the pictures Ma Candles Binary System.
sreenewas (Tuesday, 02 December 2014 20:25)
HI, may i know about the arrows in the above system, are they non repaint or not