Best Indicator for Binary Options Free
Best Indicator for Binary Options Free – hello world trader friend, welcome to forex trading pin.com, in a very happy occasion I would like to share with you a great indicator that can make you profit in binary options.
- This indicator is very simple to use and yet effective.
- This indicator is not good in strong uptrend-Downtrend or when there is more than 4 bars bullish or bearish in a raw. Refrain from trading a pair in such situation, wait couple of hours and re-check this pair.
- Special thanks to wilber07 for the improved, filtered version.
– Not trade in live account, DEMO..Wait for recommendations of the experts. Strategy Rules:
- Strong Filter: WPR, RSI & CCI forming a sharp peak form together.
- Medium Filter: WPR & RSI forming a sharp peak form together without paying much attention the CCI indicator.
- BUY: WPRO,RSI & CCI created a peak in the oversold zone (bottom) + Arrow pointing up (bullish)
- SELL: WPRO,RSI & CCI created a peak in the overbought zone (top) + Arrow pointing down (bearish)
- TF: 1M Chart for 1M Expiry, 5M For 5M Expiry. New Open Candle Entry after confirmed signal.
- There is strong uptrend/downtrend (3 or more bull or bear consecutive candles).
- In case if you’ve lost two times in a raw, leave that pair for two hours and try analyses other pairs.
- Avoid trading 60 minutes before/after med-high impact news.
- Before testing this indicator on a live account, we advise at least two weeks Demo account trading.
- For more precise rules and up to date comments from the developer we highly advise check it’s original source page where developer discussing his/her updates and trading progress.