BolliToucher Reversal Trend is a strategy for intraday trading and swing but is also suitable for trading with Binary Options High/Low. The poupose of this trading system is find the price mouvement when the price bounces or came back from the Bollinger Bands for more precision I have add the trend filter for to have less false signals.
Options:
Buy
When the price bounces or came back from the lower Bollinger bands buy when the all indicators are agree:
When the price bounces or came back from the upper Bollinger bands buy when the all indicators are agree:
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Options:
- Time Frame 5 min or higher.
- Currency pairs: majors, minors and Indices and Stocks.
- Expiry time 3-candles.
- This strategy is also suitable for Renko chart box size 3 pips or higher.
- Bollinger bands period 20 and 2.5 deviation.
- BolliToucher 20 perid and 2.0 deviation.
- RSI filter 2 period.
- Renko scalp indicator (4, 12, 7).
- Slow Stochastic oscillator (20, 3, 5).
Buy
When the price bounces or came back from the lower Bollinger bands buy when the all indicators are agree:
- Stochastic oscillator crossing upward,
- RSI white square,
- Renk Scalp white square.
- Place initial stop loss below the lower Bollinger bands (2.0).
- Profit Target at middle band or with predetermined profit target.
When the price bounces or came back from the upper Bollinger bands buy when the all indicators are agree:
- Stochastic oscillator crossing downward,
- RSI orchid square,
- Renk Scalp orchid square.
- Place initial stop loss below the upper Bollinger bands (2.0).
- Profit Target at middle band or with predetermined profit target.
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