The 60-Minute High/Low Binary Options Strategy is a price action system designed for various markets, including Forex, Stocks, Futures, Commodities, and Treasury Bonds.
Binary Options High/Low Strategy:
Markets: Forex, Stocks, Futures, Commodities, Treasury Bonds.
Time Frame: 60 minutes or higher.
Indicators:
Trend indicators.
ADX (14) >19 (optional filter).
Note: This strategy exclusively operates in trending markets.
Setup:
Identify two consecutive bars that are either bullish or bearish, and they must be on a slope.
Entry:
Enter the trade at the opening of the third candle.
Scalping System:
This strategy also serves as a Scalping System with the option to exit either at the close of the bar or with a fixed Profit Target.
Risk Management:
Place the stop loss at the low of the second bar in the sequence.
This Binary Options High/Low Strategy is grounded in price action principles and is suitable for time frames of 60 minutes or higher. Use trend indicators and, optionally, ADX as a filter to confirm the strength of the trend. The setup involves identifying two consecutive bars moving in the same direction on a slope, with entry at the open of the third candle. As a flexible strategy, it can be employed for both regular trading and scalping, offering traders the option to exit either at the close of the bar or with a predetermined Profit Target. Implement sound risk management practices by placing the stop loss at the low of the second bar in the sequence.
Download
https://drive.google.com/file/d/1O_Z3BZWts-Y2qsuhRhsJHpKGGbVufN1T/view?usp=sharing
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