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inno14
Feb 7, 2020 3:31 PM

BO - Bar M15 2/3 Signal 

EURO / JAPANESE YENICE

Description

BO - Bar M15 2/3 Signal show the signal to trade Binary Option with rule below:

A. Indicator
* Bollinger Band (20,2): avoid waterfall

B. Rule of Signal
1. Rule1: Split Bar M15 to 3 part and load them on M5 chart (recommend use M5 IDC chart)

2. Rule 2: Delay 10' after bar M15 open => wait for price's pattern

3. Rule 3: Put Signal row 30-32
* Delay 10' after bar M15 open.
* Direction of 1/3 and 2/3 Bar M15 is upward
* close of 2/3 Bar M15 below upper band Bb(20,2) on M5 chart => avoid strong buy

4. Rule 4: Call Signal row 36-38
* Delay 10' after bar M15 open.
* Direction of 1/3 and 2/3 Bar M15 is downward
* close of 2/3 Bar M15 above lower band Bb(20,2) on M5 chart => avoid strong sell

C. Recommend Expiry time: Bar M15 close
* We try to catch the shadow of Bar M15 but dont trade when price run on the upper or lower band of BB(20,2,M5)
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