Simple Price Action Forex Binary Options Trading Strategy

The simple price action is a trading system that is based on support and resistance with overbought and oversold levels of the V custom 3 indicators. The timeframe used in this system is 5 minutes or higher with an expiry time of 1-2 candles. This method works in any financial market.

Metatrader Indicators:

• Support and Resistance Barry,
• Moving Average 21,
• Vcustom3.

Call Entry:

1. The custom indicator must have a green bar.
2. The main chart must form the support (green dot).
3. Enter at the opening of the next bar.

Put Entry:

1. The custom indicator must have a green bar.
2. The main chart must form the resistance(red dot).
3. Enter at the opening of the next bar.

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