Stochastic Star Forex Binary Options Trading Strategy For MT4
The Stochastic Star Forex Binary Options Trading Strategy For MT4 is based on COG which is often known as the polynomial regression. COG, Star alert, and Stochastic Oscillator are used for this edge. Creating an edge with such a sophisticated tool is hard as you must get the parameters right.
But for this system, we don’t have to give any effort to change the settings as everything is predefined. Following the steps precisely is the only act we need to good at. However, having strong knowledge on the pivot, PRZ levels gives us added advantage for taking the trades.
For the call option, we have to wait for the price to drop towards the lower band of the COG. Wait for the buy alert to appear. The signal line in the stochastic oscillator must go up. Take the call at the new bar opening. Be careful with the position of the bar. It must be well above the support zone. If for any reason, the bar fails to close above the pivot point, you should discard the long trade setups.
For the short trade, the rejection of the upper band at COG is the first criteria. The sell arrow will appear on the chart and the stochastic will head north. Examine the position of the candle and if it is a valid resistance, you can short the asset with confidence. If for any reason, the bar closes above the resistance or inside the resistance zone, you should ignore the setups.
Making money in binary options trading is about managing the risk. The return of each trade should be 70%. In case the market is confusing, you should wait for the 80% payout. Anything less than 70% is a strong sign to ignore the setups. People always get a fine-tuned option trading method but they get the expiry period wrong. For this method, it is important that you take trades for the options that have an expiry period higher than 30 minutes. The method tends to generate low profit in the minute chart so stick to the H4 and H1 chart. Be cautious about the news announcement as the can create massive fluctuation in the price.
Download the complete system description and the files here: