Kenox Forex Binary Options Trading Strategy
The Kenox binary options trading strategy is a trend following strategy based on the Kenox indicator. The Kenox indicator is based on the ADX indicator with 13-period. This system filters the signals of Kenox indicator and the filter is based on three moving averages. The timeframe used in this method is 1 minute and works in any market. The best time to trade using this strategy is London and New York sessions. The expiry time is 2-3 candles. This method trade only in the direction of the trend.
Metatrader Indicators:
- Exponential moving averages 20, close.
- Exponential moving averages 11, close.
- Exponential moving averages 3, close.
- Parabolic (0.01, 0.1) optional.
Call Entry:
- EMA 3 is greater than EMA 20.
- EMA 3 is greater than EMA 11.
- The Parabolic is below the price (optional).
Put Entry:
- EMA 3 is less than EMA 20.
- EMA 3 is less than EMA 11.
- The parabolic is above the price (optional).
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