3° Candle Binary Options Trading Strategy

This is a binary options strategy that works on major currency pairs such as EURUSD, GBPUSD, AUDUSD, USDCAD, futures, and indices. This method is applicable over 60 seconds with an expiration time of up to 60 seconds. In this system, you do not trade when two consecutive arrows appear. Do not buy on overbought calls and do not sell in commercial overhead.

Markets: All markets

Time frame: 60 seconds.

Binary Options Strategy with binary signals vfxAlert

1. Find the third candle

2. Enter your trade at the beginning of the third candle and wait for it to close.

Identifying the current trend

(For example: use 100sMA to determine the current trend if the price is higher than ADM – the current trend is upwards or opposite)

If the stochastic direction is opposed to your first and second candles, it is best not to trade at this time and wait for the next “1st candle number”.

Open a 60-minute chart or other time frame and find the “first candle.”

“The first candle” is between two candles and is the highest or lowest of these three candles.

Metaradar indicators:

• Envelopes (period 8, deviation 0.03);

• ForexMT4 cycle indicator; (redraw indicator)

• The stochastic oscillator indicator (8,3,3) confirms.

E: The ForexMT4 cycle indicator is an indicator that repeats 2 bars, for entry, wait for the third candle to open.

Call entry:

• When the green arrow of (ForexMt4 cycle indicator) appears, respecting the two input conditions:

• Wait for the third candle to open;

• The stochastic oscillator that intersects upwards.

Put entry:

• When the red arrow of (ForexMt4 cycle indicator) appears, respecting the two input conditions:

• Wait for the third candle to open;

• The stochastic oscillator that intersects at the bottom.

When it’s not advisable to trade

  • Don’t trade 1 hour before and after important news or important events
  • When the third candle is contrary to the current trend
  • When the second candle closes “inside” the first candle

Leave a Reply

Your email address will not be published. Required fields are marked *