PFE Binary Options Trading Strategy

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PFE Binary Options Trading Strategy

PFE Binary options strategy is a trend following system, it means that you can trade in the direction of the trend only. This method uses a 4-hour timeframe and has an expiry time of 4-6 candles. This works on forex markets and indices.

2 templates are used here, the first template is a method with a snake indicator.

MT4 Indicators:

  • Snake formed by three moving averages 34-period:
  • Exponential moving average period 34, close ;
  • Exponential moving average period 34, high ;
  • Exponential moving average period 34, low ;
  • Exponential moving average period 9, close.
  • Exponential moving average period 100, close ;
  • PFE (period 9, moving average period 9) with moving average smoothed (2-period, dev 1);

Buy Call:

  • The snake is above 100EMA.
  • PFE must cross upward MA.
  • The price must bounce or touches the snake or 9 EMA.
  • Place a call order when the conditions above are met.

Two types of re-entry:

  • Re-entry with the previous conditions
  • Re-entry when the price bounce on 100EMA but wait that PFE crosses upward MA.

Important Tips:

  • If PFE crosses upward MA when IT’s < 0, the expiry time is 6 candles or more;
  • If PFE crosses upward MA when IT’s > 0, the expiry time is 4 candles.

Put Entry:

  • The snake is below 100EMA.
  • PFE must cross downward MA.
  • The price must bounce or touch the snake or 9 EMA.Wait that the price bounce or touches on the Snake or 9 EMA.
  • Place a put order when the conditions above are met.

Two types of re-entry:

  • Re-entry with the previous conditions.
  • Re-entry when the price bounce on 100EMA but wait that PFE crosses downward MA.

Important Tips:

  • If PFE crosses upward MA when IT’s > 0, the expiry time is 6 candles or more;
  • If PFE crosses upward MA when IT’s < 0, the expiry time is 4 candles.
  • For the Second Template, PFE with 3SMA

Second template

MT4 Indicators:

  • 3SMA:Line red, Line Green .
  • 3 MA Channel High/Low.
  • PFE (period 9, moving average period 9) with moving average smoothed (3-period).

Call Entry:

  • 3 SMA Line green above line red,
  • PFE must cross upward MA.
  • MA Channel is above 3SMA
  • Place a call order when the price comes back in the channel.
  • Tips the same of the previous template.

Put Entry:

  • 3 SMA Line Red above line green,
  • PFE must cross downward MA.
  • MA Channel is below 3SMA
  • Place put order when the price come back in the channel.
  • Tips the same of the previous template.

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