Parabolic Sar With Stochastic And ITM Forex Binary Options Trading Strategy For MT4
The Parabolic Sar With Stochastic And ITM Forex Binary Options Trading Strategy For MT4 is an advanced options trading method. It uses bands, magnified market price, 50 MA, parabolic, SR indicator, alpha profit, and super indicators.
You might be worried by seeing the big list of indicators but the ex4 files will take care of these complicated settings. It will also create a digital filter in the sub-window by using the stochastic and ITM financial tool. Now let’s come to the call and put options.
Before you take the call actions, you have to be sure the trend is up. It can be done by analyzing the 50 periods MA in the 4 hours and above time frame. If the price is above 50 MA, the trend is up and when it is below the 50 MA, the trend is down. So, find the uptrend for the call option. After that wait for the alpha buy arrow. Once the arrow appears, the price must be trading at the support zone. At that point, the ITM bar must be crimson red or you will see a detrition in the green bar. Finally look for the oversold stochastic and the parabolic mark must be below the candle. Execute the call option when all the conditions are filled.
For the put option, the bearish Alpha arrow should appear in the downtrend. The price must be testing a resistance zone. The ITM will be green or the red color will deteriorate. For the final reading, the stochastic must be in the overbought zone and the parabolic reading will be above the candlestick. Execute the put option when you have all these conditions filled.
Usually, the expiry period should 1 hour or 30 minutes such kind of a trade setup. However, if you use the strategy in 1 minute, 5M or 30-minute chart, the expiry period must be less than 30 minutes. The strategy is super powerful and you won’t find it hard once you get the gist of this method.
Download the complete system description and the files here: