Stochastic Cross Alert Binary Options Trading Strategy
This is a binary options strategy high/low that uses price action based on the stochastic cross alert that is filtered by ATR ratio with trigger 1.0. This system works on a 1-minute timeframe that has an expiry time of 5 minutes. The stochastic cross alert is a trend following method, it means that you have to trade only in the direction of the trend. The trend will be determined through the Brian trend indicator.
Metatrader Indicators:
- Price action channel formed by two smoothed moving averages with High and Low (3 periods);
- Stochastic Cross Alert indicator (3,2,2);
- Brian Trend indicator;
- ATR Ratio indicator (7, 49, trigger 1.0).
Call Entry:
- There must be blue dots in the Brian trend.
- Stochastic cross alert shows green arrow (3,2.2);
- ATR Ratio value is greater than the trigger line (>1.0);
- ‘Call” if the above conditions are met and if the price of the candle alert is into the price action channel.
Put Entry:
- There must be red dots int the Brian trend indicator.
- Stochastic cross alert shows red arrow (3,2.2);
- ATR Ratio value is greater than the trigger line (>1.0);
- “PUT” if the above conditions are met and if the price of the candle alert is into the price channel.
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