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Range Expansion Index Forex Strategy

by kfx   ·  February 12, 2019   ·  

Originally this is a Repainting Indicator. But if you choose indicator properties and set Period to 1. This will not repaint. That’s how we are going to use it here. You can use this technique to other indicators too. Set Maximum, Minimum values and lower the period, That will give you non-repaint indicators.

Defend on the User engagement on this website we are going to release more binary options strategies. This time we are going to release Strategies using two or more indicators and we’ll also provide you template files and Backtest results up to 50 possible trades. We’ll also calculate the win rate as a percentage and provide that alongside with the strategy. So it’s up to you. Do you want more?. Subscribe to our newsletter. Like us on Facebook. Share this website with friends and Groups. Follow Us on Twitter. Subscribe us on Youtube. comment on the website. convince us to do more to users of this website. If we are happy with the results we’ll launch live Trading youtube live stream. Together we can do great things. As well as don’t forget to read how I start from zero in this article.

Indicators used : Range Expansion Index indicator  ($2.99 Only + Instant Download)

Time Frame: 5M
Expiry Time: 5M
Entry: 2-3 Seconds Before Previous Candle Expiry

You need to set up your charts like below ;

Range Expansion Index REI Settings

Len : 1 

Range Expansion Index Forex Strategy
REI Indicator

Range Expansion Index Rules

This indicator can be used as 3 or 4 signal types. As an Oversold / Overbought indicator or as a Zero cross indicator. But that’s not what I’m going to present to you. This is an odd way. After indicator is oversold or overbought wait until it comes to the zero level. Once the indicator line stops at zero. Follow the trend in the same direction as the indicator. Look at the chart below to clear your doubts. Don’t trade if the above rules are not true.

Range Expansion Index Forex Strategy
Range Expansion Index Binary Options Strategy

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