Pivot Points Levels Trend Binary Options Strategy
This binary options strategy uses a pivot points levels to identify good trading opportunities and it only trades in the direction of the trend. You can identify the trend through the moving averages. Exponential moving average (EMA) 50 must be greater that 200 EMA if you are looking for an uptrend. The trend is down if 50 exponential moving average (50 EMA)is less than 200 exponential moving average (200 EMA).
Rules:
- Time Frame: H1 Time Expires at the end of the day or 24 hrs.
Metatrader Indicators:
- Daily Pivot points;
- 50 exponential moving average (50 EMA);
- 200 exponential moving average (200 EMA);
- MACD indicator (12, 26, 9).
Call Entry:
- The trend is up if 50 EMA > 200 EMA.
- The histogram MACD must be above of the moving average (red) and the candle close above the Pivot Points Levels indicator.
- “CALL” at the opening of the next bar.
Put Entry:
- The trend is down if 50 EMA < 200 EMA.
- The histogram MACD is below of the moving average (red) and the candle close below the Pivot Points Levels indicator.
- “PUT” at the opening next bar.
Exit Binary options One Touch at first pivot points levels (recommended) or at the second pivot point levels, expires end of the day.
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