John Mann1

John Mann1 Updated 

Different time frames can be selected via controls study("Add TimeFrame", shorttitle="TF Layer", overlay=true) res = input("240", type=resolution) o = security(tickerid, res, open) h = security(tickerid, res, high) l = security(tickerid, res, low) c = security(tickerid, res, close) col = c >= o ? lime : red plotcandle(o,h,l,c, color=col)

John Mann1

Improvement ideas are welcome.

John Mann1

. . . this is just a refinement to my BO trading, nothing out of the extraordinary.

John Mann1

Now the initial idea has been refined somewhat and I execute trades satisfactorily according to my BO trading plan, i.e. one or two trades per day (EOD expiry), checking on various instruments. The multi EMAs have become a script, and Stoch RSI serves as confirmation signal. MA Ribbon for Binary Options trading:

John Mann1

A first idea of a modified MA Ribbon for Binary Options. Pick easy SELL/BUY targets w/o price line. (Pls disregard my drawings). Perhaps a Stoch RSI indicator can be added for signal confirmation.