Double EMA Channel with RSI indicator and Stochastic indicator is a trading system that it can applied at two Binary Options Strategy: One Touch and High and Low.
Markets:Forex, Futurex, Stocks, CFD.
Binary Options Strategy One Touch: Double EMA Channel with RSI and Stochastic
Chart Time Frame 4H or Daily.
With Chart Time Frame 4H, Binary Options One Touch expire 8-max 12 bars (the 2° day);
With chart Time Frame Daily, Binary Options One Touch expire Max 4-6 days
Indicators
* Trade on daily chart (swing trading forex strategy)
*5 EMA channel (applied to the close and add levels 50, -50);
* 10 EMA channel (applied to the close and add levels 50, -50);
* Stochastic indicator (11,3,3);
* RSI indicator (14);
* Fibonacci Retracement indicator (XIT_FIBS)
Trading Rules:Double EMA Channel with RSI and Stochastic Forex Strategy
Entry Rules
Enter long if:
1. The 5 EMA channel crosses above the 10 EMA Channel and both Stochastic lines are heading up (do not enter if the stochastic lines are already in the overbought territory)
2. RSI is greater than 50
Binary Options Strategy One Touch: Double EMA Channel with RSI and Stochastic: free download
Enter short if:
1. The 5 EMA channel crosses below the 10 EMA channel and both stochastic line are heading down AND (do not enter if the stochastic lines are already in oversold territory)
2. RSI is less than 50.
Possible Exit On Touch are the first or second two Fibonacci Retracement indicator levels .I Recommended the first. See Pictures.
