Breaker Lines Forex Binary Options Trading Strategy

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Breaker Lines Forex Binary Options Trading Strategy

The breaker lines is a classic binary system high/low based on price action and trend -momentum. This system has a good profitability. The timeframe used in this method is 15 minute or higher and has an expiry time of 6 candles. This works on indices, commodities and forex market.

Metatrader Indicators:

  • Magnified Market price;
  • Binary Breaker lines (trend Indicator),
  • BB alert arrow (price action indicator),
  • BB Trigger (trend-momentum indicator),
  • Stochastic (5,2, 3 with level 85 a 15) optional indicator for check overbought and oversold price.

Call Entry:

  1. The buy arrow must appear.
  2. The blue candle and the BB trigger alert must cross upward.
  3. Avoid entering a call position if the stochastic oscillator is above 85 level.

Put Entry:

  1. The sell arrow must appear.
  2. The red candle and BB trigger alert must cross downward.
  3. Avoid entering a put position if the stochastic oscillator is below 15 level.

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