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BinaryChannel_BO.mq4 - 60 min binary option
60 Min Reversal Binary Options Strategy With Trading Channel
Here’s a really simple yet profitable binary options strategy with 60 min expiry time. We will be using the 5 min charts to put this strategy to work. This strategy concept is based on trade reversals.
Chart Setup
Binary Indicators: BinaryChannel_BO indicator
Analysis Tools: N/A
Time Frame: 5 min
Trading sessions: Any
Tradable Assets
Currency pairs: Any
Commodities: Gold, Oil
Trading Rules
Buy CALL Option:
• Price touches the lower trade channel band
Buy PUT Option:
• Price touches the upper trade channel band
Expiry Time:
We use 1 hour expiry time. Some other people find 15mins expiry more profitable. Do your experiment. Close the trade at 60 minutes (that’s 12 X 5 min candles).
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hi my friend. what does it mean. where can i try this strategy.
for example binar options. ?
Yes. you can try test indicator for Binary Option.
I created a new post about a very good indicator for Binary Option with named "Binary Arrow" you can test it. i think you will be like it
Thank you
its is auto trend line. You Know trend line?
Note:
+ if price hit above trend: Put
+ If price hit below trend: call
note:
+ price break above trend: Call
+ price Break below trend: Put
since you say some people use 15 expiry does that mean 30 minutes to 1hour is fine?
i see that you are online mr. nguyen. can you tell me if i place my trade on the candle that follows the candle that touched?
order when price touch this trend
its can be use for BO and forex
If you trade 15 expiry you should follow M 15 ( whith Binary Option )
If you trade for Forex you should trading in H1 or H4 scapling TP 50 poin and SL when end candle is ( above this trend / under this trend )
Nguyen Nam Oanh, are you really make money on Binary Option Trading? Frankly, I can't make it and I would prefer to stay in trading currencies. Unless, you can prove to me that it really works.
You should trade with demo account. when you win about 70%. you can trade real.
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