Last Updated on July 13, 2020 by Tim Morris

ZigZag Hist Forex Binary Options Trading Strategy

The Zig Zag Hist binary options trading strategy is based on the zigzag indicator. The timeframe used for this method is 1 minute or higher with an expiry time of 1-2 candles. This works on any markets. Trades only in the direction of the 200 EMA (optional).

Metatrader Indicators:

• Moving average 2 period close (optional).
• Moving average 3 period close (optional),
• Moving average 200-period close, (only for 1 min time frame, optional),
• Zig Zag hist (12, 5, 3),
• Sixty-second trades.

Trading rules for 60-second time frame:

Call Entry:

1. Line red dotted
2. Sixty-second trades green dot.

Put Entry:

1. Line blue dotted
2. Sixty-second trades red dot.

For re-entry, you can also use the cross of the EMA’s fast.

Re-entry expiry time 1-2 candles.

Buy green dot+cross.

Sell red dot + cross.

For Intraday Trading 5min, 15 min, 30 minutes:

• The same rules with 55 EMA

Call Entry:

1. The price is above 55 EMA.
2. Line red dotted
3. Sixty-second trades green dot.

Put Entry:

1. The price is below 55 EMA.
2. Line blue dotted
3. Sixty-second trades red dot.

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