Stochastic Oscillator 21 8 8 Binary Options Trading Strategy For MT4
The Stochastic Oscillator 21 8 8 Binary Options Trading Strategy For MT4 is famous among the professional binary options traders. The system is capable of analyzing the 2-minute chart with an expiry period of fewer than 5 minutes.
If you intend to trade with a higher expiry period, you must stick to the hourly chart which is a little bit boring and might generate enough signal to secure a decent ROI. Heiken Ashi, Pivots Level, Super Dem, Trend, and Fibo alerts, Trend and Fibo alerts, and Genesi Matrix 2.22 is used as the indicator.
The color of the Heiken Ashi bars will turn into navy blue when the price is most likely to head up. The signal line in stochastic will show a steady rise from the 20 levels. Genesis matrix will paint a minimum of three colors with dodger blue. If the conditions are filled, you can take the trade call option with low risk. Be careful about the position of the Heiken Ashi bars. If it is not near a support level, you should not take the trade even though the conditions are filled properly. Find the critical support to reinforce your trading idea.
Heiken Ashi bars will turn to white color when the price has a bearish threat. The stochastic oscillators will push below the 80 levels and you get three unique squires in the Genesi Matrix 2.22 indicator. Short the asset or take the put option if you think the price is testing major resistance. If not, you can avoid the signals.
Some of you can assume the position of the main support and resistance is very crucial to this trading model. Unless you can take the trades with proper money management and follow the strict rules, it will be very hard to make a profit. But the overall process will become much easier when the trades are analyzed based on higher time frame pivot levels. This doesn’t mean, you can’t trade the 5-minute chart. Just draw the pivot levels in the daily time frame and make the switch to lower ones. It might take some practice but it won’t take more than a month to master this technique.
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