RSI DOT MMS Forex Binary Options Trading Strategy
The RSI DOT MMS forex binary options strategy is a very interesting indicator based on double RSI up and down. This indicator can be used for trading reversal and trend reversal.
Trading Reversal:
- The timeframe used is 15 minutes or higher with an expiry time of 1-2 candles. This works in any financial market.
MT4 Indicators:
- RSI DOT MMS: RSI UP period 2 level 5, RSI Down period 2 level 95. setting sessions: 00:00 – 24:00
- Bollinger Bands (period 30, deviation 2).
Call Entry:
- The price must break the lower band of the Bollinger band.
- Enter when the green arrow appears.
Put Entry:
- The price must break the upper band of the Bollinger band.
- Enter when the red arrow appear.
Trading Reversal Trend:
MT4 Indicators:
- RSI DOT MMS: RSI UP period 2 level 5, RSI Down period 2 level 95. setting sessions: 00:00 – 24:00.
- RK-KCW8
Call Entry:
- The price must break the lower bands.
- Wait for the green arrow of RSI DOT MMS.
- Enter at the buy arrow of the RK-KCW8.
Put Entry:
- The price must break the lower bands.
- Wait for the red arrow of RSI DOT MMS.
- Enter at the sell arrow of the RK-KCW8.
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