The sun coming back Binary is a method of trading in this case applied at the Binary Options High/Low but is good for trading also without Binary. This trading method is based on momentum and oversold/overbought of the money flow index.
Options:
Trading rules The sun coming back
Buy
In the pictures The sun coming back in action.
Options:
- Time Frame 5 min or higher.
- Currency pairs: major, indecies Gold and oil.
- Expiry time 2 candles for time frame 15 min or higher.
- Expiry time 5 min time frame 4 candles.
- CHT Value chart 5 period.
- Sinergy pro Support and Resistance lines.
- Money Flow Index 5 period, close, levels ( 20 - 80).
Trading rules The sun coming back
Buy
- When the Money Flow Index is in oversold zone wait that the MFI trigger upward the 20 level.
- Entry at close of the CTH Value Chart first green candle.
- Initial stop loss below the entry bar.
- Profit Target ratio stop loss 1:1.
- When the Money Flow Index is in overbought zone wait that the MFI trigger dwonward the 80 level.
- Entry at close of the CTH Value Chart first green candle.
- Initial stop loss above the entry bar.
- Profit Target ratio stop loss 1:1.
In the pictures The sun coming back in action.