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In the binary option trading we only predict whether prices will rise or fall only good for Forex trading, commodities or Index.
For that we need an accurate indicator to determine when it is appropriate for the entry point.
After
trying various kinds of indicators I finally found that the combination
of Ichimoku indicator and Fractal is an appropriate indicator for
binary option trading.
To get the indicator could use MT4 please download and install on your computer click on the link below to open a demo account:
Setting Ichimoku on MT4
Once installed MT4 indicator Ichimoku add by clicking the plus sign at the top of MT4
Click Custom and select Ichimoku
His next edit indicator by right-clicking on the chart and then choose Indicator List on the chart to appear:
Ichimoku click and click Edit
Robah color as the picture above and click OK
Add Indicator Fractal
Click the plus sign Williams the top Click and select Fractal
the chart will look like the image below
No sign Yellow triangular sign of the price reverses
Select the time frame 5 minutes by clicking on the numbers above 5 parts
How to determine the entry point
We are only trading when the trend is up or down trend.
- Trend Up
Rising trend marked by blue lines (Tenkan-sen) is above the red line
(Kijun-sen) and span sekou line (blue line drop out drop out) is above the price.
We wait until Fractal formed on the bottom and the price moves up his time to Buy (Call).
- Trend Down
Down trend is marked by a blue line (Tenkan-sen) is below the red line
(Kijun-sen) and sekou span (blue line drop out drop out) under prices
At the time of Fractal appears top and move down the price of his time for Sell (PUT)
Select Binary Option on IQOption
Trading time using the 15 minutes
3. The weak trend
Do
not trading at the time of a weak trend in which prices fluctuate in a
narrow range as shown below Sekou span line (blue line drop out drop
out) is within the price line.
Support Resistance Method
With
the method Resistance Support us connect all parallel Fractal Fractal
if prices break through the upper part we take a position Buy (Call)
Her reverse when prices penetrate the lower part of our Fractal take positions Sell (Put)
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