Parabolic Sar, Stochastic And ITM Forex Binary Options Trading Strategy
The parabolic stochastic and ITM is a trend-momentum strategy for trading intraday and scalping in the financial markets. This system is also good for binary options high/low. The timeframe used for this system is 1 minute and higher with an expiry time of 5-7 candles. This works on indices, commodities and forex market.
Metatrader Indicators:
- Bands /20, 2),
- Magnified Market price,
- Parabolic (0.02-0.2),
- Moving average 50,
- Support and Resistance (SR 3, SRZZ 90, Main RZZ 100, FP 120, SMF 3) this setting only time frames (1 min, 5 min and 30 min).
- Alfa Profit.
- Super Indicator V.2 nrp.
In the sub-window chart:
- Stochastic oscillator (5, 3, 3),
- ITM Financial.
Call Entry:
- The alfa profit buy arrow must appear.
- The price is above Support.
- The stochastic is in the oversold area or will cross upward but not in the overbought area.
- ITM bar is a red or green bar in decline.
- The parabolic is below the price.
Put Entry:
- The Alfa profit sell arrow must appear.
- The price is below resistance.
- The stochastic is in the overbought area or will cross downward but not in the oversold area.
- ITM bar green or red bar in decline.
- The parabolic is above the price.
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