Trend Reversal With RSI And SFX MCL Binary Options Strategy
This system can also be used in the binary options strategy one touch and it uses a stochastic indicator to filter trades. The timeframes that work on this method are 5 minutes and the expiry time is 60 minutes, 15 minutes that has an expiry time of 180 minutes and 30 minutes that has an expiry time of 320 minutes. This is applicable in all major currency pairs.
Metatrader Indicators:
- SFX MCL indicator
- RSI Indicator (5-period) with two moving averages 11 and 34 periods;
- Stochastic Indicator (14,3,3)-low-High;
- Pivot points Levels-
- Trend Reversal indicator
- Binary options strategy One Touch RSI and SFX MCL filtered by Trend Reversal
Call Entry:
- SFX MCL indicator line green is greater than line blue.
- There must be a cross upward the RSI indicator, Moving Average of 17 and 34.
- Trend Reversal indicator bars is aqua.
- The stochastic indicator must cross upward but is not in oversold Zone.
- Do not call if the Stochastic indicator is in oversold Zone;(Stochastic as a filter) and if the RSI indicator is greater than 80.
Put Entry:
- SFX MCL indicator line green is less than line blue.
- There must be a cross downward the RSI indicator, Moving Average of 17 and 34.
- Trend Reversal indicator bars is red.
- Stochastic indicator crosses downward but is not in the overbought zone.
- Do not PUT if the Stochastic indicator is in overbought Zone; (Stochastic as a filter) and if the RSI indicator is less than 20.
Target One Touchpoints:
- 5 min Time Frame 15 pips or first Pivot Points Levels in the market direction;
- 15 min Time Frame 18 pips or first Pivot Point Levels in the market direction;
- 30 min Time frame 22 pips or first or second Pivot Points Levels in the market direction.
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