ELR And E75 Binary Options Trading Strategy

The ELR and E75 are two indicators for binary options trading. This can be used in scalping and intraday. This works on a 5-minute timeframe or higher and has an expiry time of 2 candles. This method is applicable t commodities, indices, and forex markets.

Metatrader Indicators:

• ELR color is a great momentum, indicator setting (13,13, 2);
• E75 is composed of two bands , stochastic color, with color bars when stochastic is oversold and overbought. (14,3,7).

Put Entry:

1. Aqua bar must break the blue band.
2. The price must close below the band.
3. The stochastic oscillator has crossed downward.
4. ELR color with Orange line is below the aqua line.
5. “Put” at the opening of the next bar.

Call Entry:

1. The red bar must break the blue band.
2. The price must close above the band.
3. The stochastic oscillator has crossed upward.
4. ELR color with Orange line is above the aqua line.
5. “Call” at the opening of the next bar.

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