Binary Options One Touch Strategy
Binary Trading with Bollinger Bands and CCI
Submit by Mek2 07/06/2013
This is a trading system based on the bollinger bands and Zig Zag.But it can also be considered a price action forex system.
This Binary options One Touch Strategy Bollinger Bands and Zig Zag works good also on time frame expire: 24H, Weekly and Montly. In the examples I show how the strategy works in the time frames 5 min and 15 min and time expire h1 (for 5 min TF) and h3 (15 min TF).
Markets :any.
Zig Zag indicator (8,2,3 period)
Zig Zag indicator (12, 5, 3)
CCI indicator (14) with levels 90 and -90
Stochastic 11-5-5
Bollinger bands (20, 3) and (20,2)
Zig Zag indicator (12, 5, 3)
CCI indicator (14) with levels 90 and -90
Stochastic 11-5-5
Bollinger bands (20, 3) and (20,2)
Long Entry
Conditions:
Price touch or close the bottom Bollinger bands indicator;
Zig Zag (12, 5, 3,)indicator and Zig Zag indicator (8,2,3,) meet together on the same candle;CCI indicator get over -90 level;
stochastic indicator crossed and pointing up.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
Price touch or close the bottom Bollinger bands indicator;
Zig Zag (12, 5, 3,)indicator and Zig Zag indicator (8,2,3,) meet together on the same candle;CCI indicator get over -90 level;
stochastic indicator crossed and pointing up.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
Short Entry
Conditions:
Price touch or close the bottom Bolllinger bands indicator;Zig Zag (12, 5, 3,)indicatorand Zig Zag indicator (8,2,3,)meet together on the same candle;
CCI indicator get over 90 level;
stochastic indicator crossed and pointing down.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
CCI indicator get over 90 level;
stochastic indicator crossed and pointing down.
Entry when price closed into Bollinger Bands (20.2 ) at open next bar.
The Touch points for this Binary Options Strategyis the middle band but also 2 or 3 pips before the middle band.
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