Stochastic Star Forex Binary Options Trading Strategy
The stochastic star binary options trading strategy is a trading system based on polynomial regression (COG) with momentum indicator. This works on indices, commodities, and forex market with an expiry date of 3-5 candles but it still depends on the volatility. The timeframe for this method is 5 minutes or higher.
Metatrader Indicators:
- COG (period 120, Regression 3)
- Star alert,
- Stochastic Oscillator (5, 5,4, close).
Call Entry:
- The price must go into the lower bands of the COG.
- The buy alert must appear.
- The stochastic oscillator must cross upward.
- Enter at the opening of the next bar.
Put Entry:
- The price must go into the upper bands of the COG.
- The sell alert must appear.
- The stochastic oscillator must cross downward.
- Enter at the opening of the next bar.
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