The End Of Day Forex Binary Options Trading Strategy

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The End Of Day Forex Binary Options Trading Strategy

The end of day binary options trading strategy is based on the direction force index and this strategy’s main purpose is the projection of the price at the end of the day. This system is an intraday trading that is used in indices, stocks, and commodities. The timeframe used in this method is 30 minutes and 60 minutes with an expiry time at the end of the day on Berling time 24:00 GMT for US index, and for stocks, S&P 500 22:00 GMT Berlin time.

Metatrader Indicators:

  • Direction force Index indicator (20) with levels 0.2 and -0.2 as a filter of false signals.
  • Moving Average smoothed 3-period, close;
  • Moving average smoothed 9-period, close.

After the 12:00 (GMT Berlin).

Wait that the Direction Force Index is > 0.2 or < -0.2.

Call Entry:

  1. After 12:00 GMT Berlin Direction Force Index > 0.2.
  2. MA 3 > MA 9.

Put Entry:

  1. After 12:00 GMT Berlin Direction Force Index < -0.2.
  2. MA 3 > MA 9.

Advantages: high profitability and simple and clear trading method.

Disadvantages: You have to constantly monitor your computer.

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