Trading 5 min bollinger breakout system
The strategy contains 3 indicators: Bollinger Bands, Stochastic and Commodity Channel Index. All indicators are with default settings. Simple is that I have few more advises: Do not use this strategy 30 minutes before or after major news event.
Also avoid trading sharp trending markets. I found that this 5 minute strategy to be most accurate in slow markets. I like to take few trades with this strategy before 7GMT and after The perfect condition as you can see on the screen shot below are: And finally CCI should already pointing the opposite direction.
1 Minute Binary Options Strategy With Bollinger Bands And Trend Indicator
Probably you are going to notice one more wining signal on the example picture! Binary Options Spot All you need to know about Binary Options.
You need to fallow few simple rules. Breakout of upper or lower Bollinger Bands with closure outside on 5m chart! Stochastic to be in overbought above 80 level or oversold under 20 level!
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Stochastic Oscillator and Bollinger Band 5 minute strategy – The Official Michael Freeman Website
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