Signal MA Crossing RSI Forex Binary Options Trading Strategy
The signal MA crossing RSI binary options strategy is a scalping trading system that is applied to binary options high/ low. The timeframe used in this method are 5-minutes or higher that have an expiry time of 4 candles for 5 and 15 minutes, for 30 mins, 60 mins, and 240 mins, the expiry time would be 3-4 candles. This works on commodities, indices, and forex market. Trade only in the direction of the trend.
Metatrader Indicators:
- Template 5 min setting Moving Average:
- Simple moving average 50-period close;
- Simple moving average 100-period close.
- Template 15 min, 30, setting MA:
- Simple moving average 21-period close;
- Simple moving average 50-period close.
- Template 60 min, 240, setting MA:
- Simple moving average 11-period close;
- Simple moving average 21-period close.
Other indicators:
- superscalper 28-period,
- Fisher indicator setting (as a filter to determine the direction of the trend: green color up, red color down):
- timeframe 5 min 200-period ,
- timeframe 15 min, 30 min 75-period,
- timeframe 60 min 50-period,
- timeframe 240 min 34-period.
- Signal MA crossing RSI (14, 8).
Call Entry:
- RSI line is above moving averages.
- MA short must cross above MA long.
- Superscalper line blue.
- Fisher green bars;
- Enter at the opening of the next bar when conditions above are met.
Put Entry:
- RSI line is below moving averages.
- MA short must cross below MA long.
- Superscalper line yellow.
- Fisher red bars;
- Enter at the opening of the next bar if above conditions are met.
Tips: for the best entry, PUT or CALL at the one-third of the previous bar or setup bar.
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