High accuracy H1 Time Frame Step-MA PRSI CCI Trend Momentum Breakout Trading Strategy.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
This high accuracy trading system is very simple and can be used for binary options high/low trading with expiry time 2-3 candles.
- Time Frame: M30 or H1
- Financial Markets: any
MetaTrader Trading Indicators
- Step-MA
- CCI with PRSI (CCI period 14, RSI period 14, timeframe H1)
- Metal Range
- Joker filter smooth period 5
BUY Rules
- Price upward and above the Step-MA line
- Open positions when the CCI cross above the line at level 10
- Watch the ranges for market sentiment and price direction (up direction)
- Joker filter green bar
SELL Rules
- Price downward and below the Step-MA line
- Open positions when the CCI cross below the line at level -10
- Watch the ranges for market sentiment and price direction (down direction)
- Joker filter red bar
Trading NOTES
- This is a winning system
- This template always offers a new opportunity for gain
- Profit target 10-20 pips depending on the time frame and currency pairs
- Place an initial stop loss on the previous swing
- It may give some false signal in the sideways market
- The system needs to practice because it is discretionary
- Observe stop loss