Extreme CCI Forex Binary Options Trading Strategy

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Extreme CCI Forex Binary Options Trading Strategy

The Extreme CCI binary options trading strategy is a template based on three CCI and Overbought/Oversold indicators. The timeframe used in this system are the 15 minute or higher and works on indices, commodities and forex market. In this system, there are 2 techniques on how to use it, it is trading with divergence and trading in the trend direction.

Metatrader Indicators:

  • TBLC ( support and resistance),
  • Pivot alert,
  • V Custom (Overbought/Oversold indicator level (-7, 7).
  • Divergence CCI 14 , CCI 21, CCI 30,
  • 55 EMA high
  • 55EMA low.

Trading With Divergence:

  • Expiry time 1 candle when the signals agree on the same bar.
  • Expiry time 4-8 candles when the signals do not agree on the same bar (this option is aggressive).

Call Entry:

  1. The overbought/oversold indicator is in the oversold area.
  2. Enter at the first buy arrow of the CCI 14, CCI 21 or CCI 30.

Put Entry:

  1. The overbought/oversold indicator is in the overbought area.
  2. Enter at the first sell arrow of the CCI 14, CCI 21 or CCI 30.

Trend Following:

  1. Enter call position if the price is above the 55 channel.
  2. Enter put position if the price is below the 55 channel.
  3. The expiry time is 2- 3 candles

Call Entry:

  1. The price must be above the 55 EMA channel.
  2. The overbought/oversold indicator is in the oversold area.
  3. Enter at the first buy arrow of the CCI 14, CCI 21 or CCI 30.

Put Entry:

  1. The price must be below the 55 EMA channel.
  2. The overbought/oversold indicator is in the overbought area.
  3. Enter at the first sell arrow of the CCI 14, CCI 21 or CCI 30.

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