Comodo Indicator Forex Binary Options Trading Strategy
The binary comodo indicator is slow repainting indicator for binary options high/low and for intraday trading. This indicator shows good results in trading currency pairs on binary options. It includes 3 technical indicators (exponential moving average 200, exponential moving average 5, and RSI 12). The algorithm recalculates so that the noise will be reduced due to the instability of the algorithm. Two non-repaint indicators are also added in this method and these are the indicator momentum and indicator of trend.
This strategy is applicable to any forex pairs and works on 5, 15 and 30-minute timeframe. the best time to trade using this method in during European and US sessions. The expiry time for this system is 5-8 candles for 5 minutes and 3 candles for 15 and 30 minutes.
Metatrader indicators:
- Binary Comodo Indicator
- Momentum indicator (default setting).
- I-Gentor LSMA-EMA (default setting).
Put Entry:
Enter on the next candle after the red arrow directed downwards confirmed by :
- I-Gentor: lines LSMA & EMA Red and Yellow;
- Momentum indicator with bar color aqua.
Call Entry:
Enter on the next candle after the red arrow directed upwards confirmed by :
- I-Gentor: lines LSMA & EMA green and blue;
- Momentum indicator with bar color red.
Option:
You can use binary comodo as alert an entry in the market when the previous conditions agree with each other.
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