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Most Effective Indicator Strategy | Best binary trading strategy 2021 - YouTube
Channel: Binary Trending
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Hey guys, today am sharing with you how to combine indicators for profit trading
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the indicator are simple and easy to use for trading
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it is an update to the previous strategy that i uploaded
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and if you didn't watch the video then go check it out, it explains the strategy
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also you will see the trades that I place with the strategy
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and get to compare with the new update and choose the best version for your trades
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the links are in the video description and do subscribe if you are new to the channel
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When trading, it's important to know the market direction
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we will use the simple moving average for the market direction
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the period should be 100 and you add the line thickness and save
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how to determine market direction with the moving average?
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when moving average is tilted downward as on the screen now it indicates
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a downward market trend and the reverse is true when it is tilted upward
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the second indicator is the MACD indicator at default settings
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add the indicators line thickness and save
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the MACD is for the market strength, direction, momentum and duration of the trend
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we are basing our interest on how to be profitable with the indicators not the details
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when the MACD lines cross going upward like on the screen
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it's a good moment to open a BUY position with the respective expiry time
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when opening a position, you need to know either the market is trending or
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it's a range bound market
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trending market move in one direction and the range bound market go back and ford
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the third indicator is the vortex indicator
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the indicator is also at default settings and you add the line thickness and save
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the indicator works well on range bound markets
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the uptrend line is the green line and the downtrend line is the red line
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the vortex indicator is use to spot trend reversals and confirms current trends
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it is also use to identify the start of new trends or the continuation of existing trends
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when the red line is above the market is going downward
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and when the green line is above the market is bullish
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lets set the main indicator for the strategy
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the fourth indicator is the supertrend indicator
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the indicator is use at default settings
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it is a trend following indicator overlay on your trading chart which shows higher and lower
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the supertrend indicator works best in trending markets
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it may give false signals on range bound markets
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we have target all moments in the market with this 4 indicators
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trending markets we use supertrend, ranging market we use MACD indicator
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general market trends, we use the vortex and moving average indicator
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now that we have put in place the best indicators, let's place trades
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the supertrend indicator have already shown lower and the MACD lines have crossed
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the vortex indicator red line have cross going upward showing the market reversal
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the supertrend indicator needs to show lower before you place any SELL position
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the MACD lines should cross going downward
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the vortex indicator red line should cross the green line going upward or about to cross
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lastly the moving average indicator should either be neutral as on the screen or tilted downward for any sell trade
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to open a BUY position, the supertrend indicator should show higher
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the MACD lines should cross going upward and the vortex indicator green line should cross going upward
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the moving average should be tilted upward or just neutral before you place a CALL trade
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that's how you place CALL and PUT option trades
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let's see how the trades will end
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we have make profit and that's great
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you can see the results I have with the strategy for the past few days
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this is not a new strategy, I have been trading with the strategy for long
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i keep on testing it out anfd improving it. You can see that some of the trades
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are on OTC market and that was for back testing and the results were all good
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don't trade on OTC especially when you are a beginner
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don't place many trades daily, it's important to place just few trades that you are sure with
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i provide daily signals on telegram and you can join the telegram channel
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the link is in the video description and other related links
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thank you for watching till the end
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i appreciate all of you who have subscribe this channel
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if you are new to the channel, subscribe and turn on the notifications
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stay safe and see you on the next video
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