518# New Sniper System

New Sniper system is a great tool for scalpin but this system works a any time frame and it's also good for trading with binary options high/low.

This trading system is based on indicators of trend and momentum indicators.

Time Frame 1 min or higher.

Financial markets:any

Expiry time for bianry options high/low 3-5 candles.

Metatradert indicators:

Heiken Ashi,

Dynamic support and resistence the dot line on the main chart,

Bull Sell Arrows,

FSP Direction 8 42 period;

Forex Trade alias KDJ indicator.

Long entry

So when the Direction Indicator, and SR Indicator are

GREEN this indicates that the price is currently moving upward.

When appears a acqua arrow for entry wait that green line of the forex trade indicator crosses upward blue and red line.

Short entry

So when the Direction Indicator, and SR Indicator are

Red this indicates that the price is currently moving downward.

When appears a red arrow for entry wait that green line of the forex trade indicator crosses downward blue and red line.

Exit position

A profit target equal to the number of pips of the set stop loss

can be used OR the SAME distance from the ENTRY price to the

Stop Loss level as determined by the SR Level indicator (option 2

above) can be used as a hard/set target.

Fast profit target that depends by currency pairs and the time frame.

In the pictures New Sniper System in action.

Another interpretation of this method with the RSI inverse signal .

RSI Signal setting: periods4 Overbougth 10, Oversold 90.

The rules are the same.