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CCI Reversal Forex Binary Options Trading Strategy
The CCI Reversal binary options trading strategy is based on the TMA true bands and CCI. The timeframe used for this method is 5 minutes with an expiry time of 3 candles. This is applicable to indices, metals, and forex with major pairs.
Metatrader Indicators:
- BB alert Arrow,
- Support and Resistance Barry,
- TMA True,
- Stochastic Oscillator (5,3,3),
- Commodity Channel Index, (14-periods),
- RSX (10).
Call Entry:
- The price must close below the lower band TMA.
- The price must retrace into the channel with the following conditions:
- The CCI must go back above -100 level.
- The stochastic oscillator must cross upward.
- RSX has a green bar.
Put Entry:
- The price must close above the upper band TMA.
- The price must retrace into the channel with the following conditions:
- The CCI must go back below 100 level.
- The stochastic oscillator must cross downward.
- RSX has a red bar.
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