Price channel with MACD RSI is an scalping and intraday strategy that is good also for binary options High/Low. This is a trading system trend-momentum for trading reversal or trending.
Options:
Buy
Price channel with MACD RSI trading in trend
This method is only for scalping or intraday trading (no Binary Options).
(best time frame for this is 5 min).
Buy
Exit at the oppsite arrow, at the upper or lower bands or with predetermined profit target that depends by time frame.
Not enter the before economic news or on bars very large.
Options:
- Time Frame 1 min or higher.
- Financial Markets: any.
- Expiry time for binary options high/low 4-6 candles.
- For scalping and intraday trading sessions time are London and New york.
- Bollinger bands (40; 2.5);
- Moving Average ( 3 period, close);
- MACD RSI arrow ( 12,26, 9, RSI 5 period);
- Price channel oscillator mtf ( setting next time frame, example if you trade at the TF 1 min setting Price channel tf 5 min) in the same window thre is also the stochastic (14, 4, 4, close).
Buy
- When the price broken the lower band of the Bollinger Bands wait the arrow buy of the MACD-RSI.
- Optional: entry if the stochastic has crossed upward the lower channel of the Price channel.
- When the price broken the upper band of the Bollinger Bands wait the arrow sell of the MACD-RSI.
- Optional: entry if the stochastic has crossed downward the upper channel of the Price channel.
- With predetermined profit target that depends by time frame or make profit at the middle band of the BB. Place initial stop loss 5 pips below / above the bands.
Price channel with MACD RSI trading in trend
This method is only for scalping or intraday trading (no Binary Options).
(best time frame for this is 5 min).
Buy
- When Ema 3 ha crossed up the middle band of BB wait the arrow buy of MACD-RSI.
- When Ema 3 ha crossed up the middle band of BB wait the arrow sell of MACD-RSI.
Exit at the oppsite arrow, at the upper or lower bands or with predetermined profit target that depends by time frame.
Not enter the before economic news or on bars very large.