Impulse Forex Binary Options Trading Strategy
The impulse binary options trading strategy is a technique based on an indicator of pulses for the trade. This indicator can be interpreted in multiple ways.
The first way that I propose to use in trading is with 123 patterns indicator. This method is suitable to the scalping that for trading binary options high / low.
This strategy can work on a 5-minute timeframe or higher and has an expiry time of 4-6 candles. This is applicable to any currency pairs.
Metatrader Indicators:
- Impulse Indicator (level 20).
- 123 patterns
For a conservative trading, they take into consideration the signals that come from higher impulses to 20 level.
Impulse with green bar is for a call.
Impulse with red bar is for a put.
Call Entry:
- The green arrow must appear.
- The pattern 123 must have a call or buy signal.
Put Entry:
- The green arrow must appear.
- The pattern 123 must have a put or sell signal.
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So, while benefiting from this indicator is crucial, ensuring successful trades and reaping rewards requires continuous training with enhanced strategies. Don’t worry, we’re here to help.
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