Advanced ITM Miner for Day Trading and Binary Options

The Advanced ITM Miner for Day Trading represents a sophisticated intraday trading method centered around a high-low indicator specifically tailored for Binary Options, complemented by a custom StochRSI filter optimized for MT4. This strategy is equally applicable to high/low Binary Options trading scenarios. Adherence to the strategy's guidelines is crucial for achieving success.

Strategy Configuration

Timeframe: 15 minutes (the indicator exclusively functions within this timeframe).

Trading Session: Berlin, 9:00 - 20:00. It's imperative to adhere to these specified times for optimal profitability.

Currency Pairs: Any (However, it's recommended to select volatile instruments for better results).

Metatrader 4 Indicators

Advanced ITM Miner

StochRSI (default settings)

Symbol Changer

Trading Guidelines for Advanced ITM Miner for Day Trading

Buy Signals

Initiate a buy position when the Advanced ITM Miner displays a buy arrow.

Confirmation: Look for the StochRSI NRP yellow line to cross above the red line.

Sell Signals

Initiate a sell position when the Advanced ITM Miner displays a sell arrow.

Confirmation: Look for the StochRSI NRP yellow line to cross below the red line.

Expiry Time for Binary: 10-15 minutes.

Exit Strategy

Exit options include: exiting at the appearance of the opposite arrow, aiming for a fast profit target tailored to the specific currency pair, or exiting at Pivot Points levels.

Implement an initial stop loss at the previous swing high/low to manage risk effectively.