ADX Signal Forex Binary Options Trading Strategy
ADX signal binary options strategy is a manual trading system trend-momentum high/low. The market must be trending to use this method successfully. You can use this on a 15-minute or higher timeframe with an expiry time of 2-4 candles. This works on indices and forex market.
Metatrader Indicator:
- Shi_TrendSignaler, it repaints 2 bars back; this indicator catch the high-low to determine turning point of price movement / trend, It ‘s an optional support for the entry position.
- Moving Average Smoothed 14 period close;
- Moving Average exponential 60-period close;
- Moving Average exponential 100-period close;
- ADX signal 20-period.
- Stochastic color (LWMA) 30,5, 7;
- Trend Signal bar.
Call Entry:
- The Moving Average line 14 must be above the other 2 Moving Averages 60 and 100 represented by a red and magenta line.
- The TrendSignal Bar first subwindow indicator has a green bar.
- Stochastic is above 50 level.
- Enter when the above condition agrees and the ADX green arrow will appear
Put Entry:
- The Moving Average line 14 is below the other 2 Moving Averages 60 and 100 represented by a red and magenta line.
- The TrendSignal Bar first subwindow indicator has a red bar.
- The Stochastic must be below 50 level.
- Enter when the above conditions are met and the ADX red arrow will appear.
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