Binary Sniper Strategy

30 Jun 2021

By using this indicator you can better view the MA indicators used by this strategy, as well as specifically waiting for the cross and close which gives you easy access to an arrow as one of the confirmations and having the ability to setup alerts on the flip so you can easily monitor multiple pairs at the same time, the Bands give you a general idea of the market flow, and volatility.
The Long Term EMA gives you higher probability trend for a easier binary clear, potentially without the need for a rollover.

This is best used alongside:
- Stochastic Indicator with the Settings of (5,3,3)

The confirmations are :
- Are we Above or Below the Long Term Trend EMA - (Above = 1 Confirmation for the Buy, Below = 1 Confirmation for the Sell)
- Are we at the Low or the High of the Bands ( Low = 1 Confirmation for the Buy, High = 1 Confirmation for the Sell)
- Are the MAs crossed up or down( Cross Up = 1 Confirmation for the Buy , Cross Down = 1 Confirmation for the Sell)
- Are we coming out of the Oversold or Overbought areas on the Stoch (Oversold = 1 Confirmation for the Buy, OverBought = 1 Confirmation for the Sell)
- Is the 15 min in Confluence ? = (Yes = 1 Confirmation in either direction)

Once You have at least 3 Confirmations one of them having to be the MA cross arrow popping up, you have a valid trade setup on the open of that candle, for Binary options, I personally like to wait a little bit after the arrow candle opens to potentially get a slight pullback so that i can buy/sell with a slightly better entry that i don't have to rollover on, I usually aim for 3 min clears, but sometimes i have to rollover.