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:
- Line red dotted
- Sixty-second trades green dot.
Put Entry:
- Line blue dotted
- 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:
- The price is above 55 EMA.
- Line red dotted
- Sixty-second trades green dot.
Put Entry:
- The price is below 55 EMA.
- Line blue dotted
- Sixty-second trades red dot.
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