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Price Border 3 Level ZigZag Reversal System with Color Stochastic Filter


The “Price Border 3 Level ZigZag Reversal System” is a trading system based on 3 Level ZigZag indicator and Price Border indicator ( TMA bands).

This is a reversal system for intraday trading or swing. This system is also good for trading with Binary Options High Low.

  • Time Frame: M15 or higher (Expiry time for binary options 8-12 candles)
  • Currency Pairs: any

 

MetaTrader Trading Indicators
  • Price Border
  • 3 Level ZigZag
  • Color Stochastic

 

BUY Rules

Trading NOTES

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  •  When
    • The price touches or breaks the lower bands
    • 3 Level ZigZag yellow color
    • Color Stochastic red color
  • Open BUY when Color Stochastic indicator line crosses above 20 level

 

SELL Rules

  •  When
    • The price touches or breaks the upper bands
    • 3 Level ZigZag yellow color
    • Color Stochastic green color
  • Open SELL when Color Stochastic indicator line crosses below 80 level

 

Trading NOTES
  • Use a demo account or a small live account first to practice this trading system
  • Make a profit at middle band. Place initial stop loss 10- 15 pips below above the bands
  • 3 Level ZigZag yellow color and Price Border are repaint indicators

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