The trading system consists of three indicators, in the screenshot I marked the indicators with the numbers 1.2.3.
Indicators help to see the moment of the price reversal and, therefore, the moment when it is best to open a position and, consequently, close it .
Learn more about each indicator :
1 . Binary Options Pro Trade 2 the indicator is made on the basis of and serves to determine what state the market is in, or rather in a state of overbought or oversold . it is appropriate if the lines are located in the upper zone or in the lower zone . this serves as a signal to enter and exit the position .
2. Binary Options Pro Trade 3 is also an auxiliary tool and shows very well the strength of the price and the moment when these forces end . How it works ; if you look at the screenshot then you will see green and red bars, the signal to enter a trade (opening a position, for example, to buy) is when the red bars went beyond the lower red zone, and then began to lose their strength, become shorter and return back to the middle yellow zone, changing their color to green . accordingly, the reverse situation will be a signal to sell . The main thing to understand is that for a reliable signal, you need to wait for the conditions on the indicators marked in the screenshot with the numbers 2 and 3 (the indicator under the number 1 serves for a clearer vision of the trend directions and understanding of what the market mood is ) The timeframe I recommend using 1 hour is what Forex is about . The strategy can also be used on binary options for at least 5 minutes.
3. Pro Binary (the indicator is based on and moving averages, I chose the optimal values for the indicator to give more accurate signals about the state of the price) in the screenshot it can be seen that there are upper and lower zones marked in red and green, respectively . A buy signal (opening a position in long) appears when 1. on the blue dotted line, the distance between the points decreases 2 .both lines (blue dotted and red solid ) are located behind the lower green border.
3 the blue dotted line intersects the red solid line outside the green area. It is necessary to close a position according to the strategy conditions when such a situation repeats, but already outside the red zone . There you already need to open a sell position (in short).
All indicators complement each other, they are here for a reason . you need to pay attention to all three indicators and then make your decision to open a position . in my opinion, for trading on Binary Options, it is optimal to use a 15M timeframe as for forex, everything depends on your trading style if trading within the day, then it is also possible to use a similar 15M timeframe .