Aroon Forex Binary Options Trading Strategy

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Aroon Forex Binary Options Trading Strategy

The Aroon binary options trading strategy is a contrarian strategy based on the Aroon oscillator with some envelopes along with Murrey Math lines to factor in price levels. This trading System is also good for intraday without Binary options. The timeframe that is suited for this method is 5 minutes or higher with an expiry time of 3-6 candles. This is applicable to all currency pairs in forex, indices, and commodities.

Metatrader Indicators:

  • Aroon Oscillator (period 10, filter 50);
  • Envelopes (0.05);
  • Envelopes (0.10);
  • Murrey Math lines;
  • Instant FX (optional)

Call Entry:

  1. Aroon bar must be red.
  2. The price must break or at the bottom green envelope.
  3. The price must be at the break through of the Murray math line.
  4. Enter trade when the instant FX up arrow will appear.

Put Entry:

  1. Aroon bar must be blue.
  2. The price must break or at the top of the red envelope.
  3. The price must be at the break through of the Murray Math line.
  4. Enter trade when the instant FX down arrow will appear.

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