Binary Options strategy is a scalping trading system for forex and BO based on the Bollinger Bands and Zig Zag. But, it can also be considered a price action forex system.
Indicators :
Zig
Zag indicator (8,2,3 period)
Zig
Zag indicator (12, 5, 3)
CCI
indicator (14) with levels 90 and -90
Stochastic
11-5-5
Bollinger
bands (20, 3) and (20,2)
Call
Entry
Price
touch or close the bottom Bolllinger bands indicator;
Zig
Zag (12, 5, 3,)indicator and Zig Zag indicator (8,2,3,) meet
together on the same candle;
CCI
indicator get over -90 level;
stochastic
indicator crossed and pointing up.
Entry
when price closed into Bollinger Bands (20.2 ) at open next bar.
Put Entry
Price
touch or close the bottom Bolllinger bands indicator;
Zig Zag (12,
5, 3,)indicator and Zig Zag indicator (8,2,3,) meet together on
the same candle;
CCI indicator get over 90 level;
stochastic
indicator crossed and pointing down.
Entry when price closed into
Bollinger Bands (20.2 ) at open next bar.
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