98# Oscillator on Chart Binary System
Trend friend binary options strategy High/Low
Oscillator on chart reversal system
Submit by Mike Trader
Oscillator on chart binary system is based on the oscillator on chart that is formed by three indicators: RSI, CCI and PRI. This strategy is trend following. After I show an strategy reversal based only on the Oscillator on chart. These two strategy are also good for scalping and intraday trading.
First binary strategy:trend following High/Low
Currency pairs majors:
Time frame 15 min.
Expiry time 4 candles.
Metatrader Indicators:
Oscillator on chart (RSI 14 period, CCi 14 period, PRI 14 period);
Trend friend as filter:
Oscillator on Chart trading rules
Trade in direction of the trend.
Buy Call
Line Royal blue of OnC indicator crosses upward aqua line.
Buy Put
Line Royal blue of OnC indicator crosses downward aqua line.
Trend filter conditions for confirm the order:
for Buy time frame 30 min, 60 min and 240 min all arrows green up;
for Sell time frame 30 min, 60 min and 240 min all arrows red down.
Second binary strategy: reversal High/Low
Currency pairs: Majors and Index.
Time Frame 15 min or higher.
Expiry time 3-4 candles.
Indicator only: Oscillator on chart (RSI 14 period, CCi 14 period, PRI 14 period).
Buy Call
When Line Royal blue of OnC indicator broken down the line dot aqua line, wait that come back and crosses upward the middle line aqua.
Buy Sell
When Line Royal blue of OnC indicator broken up the line dot aqua line, wait that come back and crosses downward the middle line aqua.
