Trend Direction Force Reversal Forex Binary Options Trading Strategy
The Trend Direction Reversal binary options trading strategy is a strategy that is good for scalping and is based on Trend direction force, Money flow index and OBV indicator. The timeframe used in this system is 5 minutes or higher and the expiry time is 2-3 candles. This works on indices, commodities and forex market. This trading system is for any sessions but not good to trade before the economic news.
Metatrader Indicators:
- Optional indicators
- Bollinger Bands (20, 2),
- Bollinger Bands (10, 2),
- SR TLB,
- Donchian Channel,
- 1a-ps mt.
- Trend Direction force V.3.
- Money Flow Index (2),
- Cycle Identifier,
- Commodity Channel Index (3),
- On Balance Volume.
Call Entry:
- The Trend Direction Force must touch -1 level.
- Money Flow index must cross upward Trend Direction Force.
- The Commodity Channel Index (CCI) must cross upward Money Flow Index.
- The price must retrace below upper band (10, 2) optional.
Put Entry:
- The Trend Direction Force must touch +1 level.
- Money Flow index crosses upward Trend Direction Force,
- The Commodity Channel Index (CCI) must cross upward Money Flow Index.
- The price must retrace above lower band (10, 2) optional.
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