Pivot Points Levels Trend Binary Options Trading Strategy
This system is designed to trade two types of binary options – “One Touch” and “High/Low”. The system can be used at Forex, Shares, CFDs and Futures markets. The Metatrader terminal serves as a tool for analysis. The timeframe for the work is 1 hour. Options expire at the end of the day. Decisions are made based on three standard indicators and one custom indicator. Trading is only a trend-driven process. The trend direction is determined by the position of two exponential moving averages – 50 EMA and 200 EMA. The MACD oscillator serves as an additional filter. The entry points are determined by the position of the daytime beer. The touch points are located at the levels of the “Daily Pivot points” indicator. This site has a list of binary options brokers to choose from.
Terminal window with an example of upward trade.
1. EMA 50 must be above EMA 200
2. The MACD histogram is above the red signal line
3. The hour bar closed above the Pivot level
We buy an option at the opening of the next bar. The touch point is set at the first or second level above Pivot.
Example of a downward trade.
1. EMA 50 must be below EMA 200
2. The MACD histogram is below the red signal line
3. The hourly bar closed below the Pivot level
Buying an option at the opening of the next candle. The touch point is set at the first or second level below the Pivot.
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