Forex/Binary Options Trading System: Indicator, Strategy and Signals
I’ve started learning Forex 3 years ago. Opened My 1st live account on 8th of January 2017. First, I learned about Forex for about a year and I’m not satisfied with Forex. My passion was with binary options. I was in love with Binary Options. But I was greedy. I just need to trade binary options and be a millionaire overnight and buy that Tesla as soon as possible.
This is the mindset of every Forex/Binary Options trader as a beginner. After a while once you chase down Lot’s of Indicators and Strategies trying to find out “holy grail” you realize that there is no Forex / Binary Options System Out there that gives you 100% profit.
I’m Not going to lie to you and sell this. This is the truth
This System is for manual Trading
This Strategy give 5-10 Signals per day per Currency Pair (works best with EUR/USD)
Win rate is 70%
If you follow Martingale you’ll get above 95% win rate. But as an experienced trader i’m not recommending of Using DCA strategies ( Martingale)
In the screenshots above out of 50 trades 35 Trades won by 1st entry.
If you use Martingale 8 Trades won by 1st Martingale Entry, 7 Trades won by 2nd Martingale Entry. only 1 Trade went for 3rd Martingale Entry. So we can say you have
70% win rate for 1st Entry
84% win rate for 2nd Entry ( Loss rate is -16%)
98% win rate for 3rd Entry ( Loss Rate is -2%)
100% win rate for 4th Entry ( Loss Rate is 0%)
What is This Strategy ?
This strategy is Not a Reversal Strategy and also not a Trend following strategy . So what is it then. We Trade Opposite Direction once we got the signal candle. That means if you got a Bearish red candle for the signal. Your entry Trade must be a Bullish and vice versa. You may call this a reversal strategy but sometimes it goes with the current trend.
I’m recommending to use 5 minuter time frame with 5 minute Expiry.
You only get 5-10 average Signals per day. That means you might get 10 or 15 signals in some day and get 1-2 signals in another day
This system is for manual trading.
You must have screen time for using this strategy
This is not get rich quick strategy. If you do your Money management correctly. You’ll get sure shot trades