Double Stochastic Filtered By MACD Forex Binary Options Trading Strategy

0
713

Double Stochastic Filtered By MACD Forex Binary Options Trading Strategy

The double stochastic filtered by MACD is a strategy with two solutions for trading: the first is trend following, second reversal trading. This trading system is trend-momentum.

First strategy trend following with Double Stochastic filtered by MACD:

The timeframe for this strategy is 1 minute or higher with an expiry time of 6-8 candles. This works on futures, commodities and forex market. Trading Time for scalping and intraday trading is the London and New York sessions. Avoid trading before the news.

Metatrader indicators:

  • Exponential moving average 25-period with levels (261 and -261);
  • Candle countdown;
  • Exponential moving average 25-period (optional),
  • Stochastic Cross alert ( close, 14, 5, 5);
  • MACD filter (13, 25, 5, with moving average of signal 200 periods);
  • 60 s Binary stochastic setting (5, 3, 4) this indicator is good for any time frame.

Trading rules:

  • Trade only in the direction of the histogram MACD.

Uptrend: histogram MACD above EMA;

Downtrend: histogram MACD below EMA;

  • 25 EMA and 200 EMA on the main chart are options.

Call Entry:

  1. Uptrend: histogram MACD is above EMA;
  2. The buy arrow of the Stochastic cross alert.
  3. Stochastic in subwindow chart that crosses upward from the oversold area (optional)

Put Entry:

  1. Downtrend: histogram MACD below EMA;
  2. The sell arrow of the Stochastic cross alert.
  3. Stochastic in subwindow chart that crosses downward from the Ob area. (optional)

Second Strategy Reversal:

Time frame 5 min or higher.

Financial markets:any.

Trading Sessions: any

Expiry time 2 candles.

MT4 Indicators:

  • Bollinger Bands (30 , 2);
  • Stochastic Cross alert;
  • MACD with EMA (5, 15, 3);
  • Stochastic (5,1,3).

Call Entry:

  1. The price must close below the lower band.
  2. The buy arrow of the Stochastic cross alert with MACD above histogram.

Put Entry:

  1. The price must close above the upper band.
  2. The buy arrow of the Stochastic cross alert with MACD below the histogram.

Trade with the trend

You can use the previous template for trading with the trend.

Buy: The price is above 200 EMA only buy.

Sell: The price is below the 200 Ema only sell.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here