Three Candles High/Low (5min-1h)

Three Candles High/Lowow is based on using trading system which makes price action trend. It uses time frames from 5 to 60 minutes.

Timeframe and expiring

Forex currency pairs:  EUR/USD, EUR/JPY, GBP/USD, GBP/JPY, USD/CHF, USD/JPY, AUD/USD,

Stock Indicies: DAX, S&P 500, FTSE S&P500, Nasdaq 100.

Metals: Gold, Silver.

How to use Three Candles High Low strategy for binary options

– EMA+RSI Binary indicator identifies trend direction (up or down).

– Start to buy PUT or CALL options on the forming of the same color third consecutive candle on the chart.

Buy option CALL

Indicator EMA+RSI Binary shows upward trend. (it’s green on the chart)

Two consecutive green candles just formed on the chart.

Enter “Buy CALL” options when the third green candle starts to appear.

Buy option PUT

Indicator EMA+RSI Binary shows downward trend. (it’s red on the chart)

Two consecutive red candles just formed on the chart.

Start to buy PUT options when the third red candle starts to appear.

Using Three Candle High Low Binary Strategy in Metatrader:

Explanation:

• Asset GBP/USD
• Timeframe 5 minutes
• Indicator EMA+RSI Binary is green and show up trend.
• 2 green candles just formed at chart
• We start to buy CALL option when the third green candle starts to form on the chart.
• CALL option expires at 5 minutes.
• The deal is resulted in a profit.

Pros and cons of the strategy

• Strategy gives strong and effective signals to buy CALL or PUT options.
• Strategy works just with some assets: 7 Forex pairs, 5 indices and 2 metals.
• Strategy is easy to use
• Strategy can be used with classic options and turbo options.

Conclusion

The strategy is good for intraday traders who like options expiring from 5 to 60 minutes. It’s proven by traders and shows good results.

Download FREE  Three Candles High/Low  Binary System

update: download ex4 file “ema-rsi-binary-mtf-alerts-arrows” here>>

How to install MT4 files

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