RSI with Bollinger Bands Binary system – Forex Strategies – Forex Resources -.

[Chau Beacham]

<br>88# RSI with Bollinger Bands Binary system.<br>RSI with Bollinger Bands is binary options high/low trading system based on the volatility. The money managemet is with martingala.<br>Time frame 30min- 1H.<br>Expiry time 2 candles.<br>Markets: Forex currency pairs majors: EUR/USD, USD/CHF, GBP/USD, AUD/USD, NZD/USD, EUR/JPY, USD/JPY, AUD/JPY.<br>RSI 14 period, with 30 and 70 levels);<br>Bollinger Bands (20, 2);<br>Rules for RSI with Bollinger Bands Binary system.<br>Do not start before the economic news.<br>We wait for the price to eitherhit the lower bollinger band or the upper bollinger band and the moment this happens we take the trade immediatly.<br>If the price touches the lower Bollinger band we and RSI is below the 30 we take a put.<br>If the price touches the upper Bollinger band we and RSI is above the 70 we take a call.<br>Martigale money management.<br>Minimum accout for this strategy 700$<br>second trade 20$,<br>fifth trade 300$.<br>Strategies based on martingale always increases the adrenaline, traders, calm !!<br>In the pictures RSI with Bollinger Bands.<br>Share your opinion, can help everyone to understand the forex strategy.<br>#1.<br>Alex ( Friday, 18 November 2016 23:40 )<br>Thit is great strategy. Thank you Ludovico. As for me, Id reccomend to do the following: as soon as candle touches upper or lower band and RSI hits its zones (70 or 30) - PUT (BUY) by the end of the 2-nd candle. That is, the best expiration in this case - till the end of current hour, using the 30 minutes timeframe. Ive got 2 reasons for that: 1) almost each broker has this expiration; 2) 30 minutes is not as noisy as lower timeframes. As to martingale – its up to you. I prefere to trade in a more conservative way – without stresses :-)))<br>

[Author]

Posts