Range Market Binary Strategy is a contrarian trading system for binary options high/low, scalping or day trading based on two forex indicators Slow Stochastic oscillator and Parabolic Sar for sidewys forex market. This is a contrarian strategy becouse a signal is generates when the slow Stochastic and Parabolic Sar have opposite direction. The principle of this system is that the slow stochastic when it is overbought or oversold in the lateral markets tends to anchor the change in trend.
Options:
Buy or Call
In the pictures Range Market Binary Strategy in action
Options:
- Time frame 1 min or 5 min.
- Currency pairs: majors, minors and Indices.
- Expiry time 5 candles.
- For scalping apply this template only at the majors with low spreads.
- Slow Stochastic Oscillator (5,5,5, close) with 25 level oversold and 75 level overbought.
- Parabolic Sar (0.04, 01).
Buy or Call
- Slow Stochastic Oscillator break upward level 25.
- Parabilic Sar dot below the price.
- Initial Stop loss below the previous swing low.
- Profit target 3-5 pips.
- Slow Stochastic Oscillator break downward level 75.
- Parabilic Sar dot above the price.
- Initial Stop loss below the previous swing low.
- Profit target 3-5 pips.
In the pictures Range Market Binary Strategy in action