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Binary Options CCIRSI trading systemSummary: This trading system is for the 5 min period. 300sec option on 60 sec tab. Payout is 70% onmost trades.Indicators: RSI period 4 (typical)levels 10 and 90CCI period 10 (typical)Levels -170 and 170The strategy:Call:For call option, go to 5 min chart and look for any pair where the candle formed makes the CCI golower than -170. Now go down to 1 min chart. If RSI on 1 min is below 10, place a 300 sec call optionExample: AUDUSD 5 min CCI is below -170. Draw a vertical line.Now go to 1 min chart.
Place a call option as CCI are below 170 and RSI below 10.
Success. This is what it looks like on the 5 min chart
A Put option:When the candle formed makes the CCI go above 170, go to one minute charts and see if RSI is above90. Then place a 300sec put option.The charts shows the 5 min candle. CCI is above 170. Now draw a verticalline.Now go to 1 min chart.
On 1 min RSI is above 90. Place a put trade 300 sec.Success
Important considerations:Trades are entered 5 to 3 sec before the 1 min candle close depending on Internet speedPlease only trade on HSDPA (4G) and LTE.Only enter when all criteria are met.When divergence occurs between the CCI and price action, meaning for a put trade cci points downbut price moves up, DO NOT TRADE!!!!!!The reason is that there is momentum in current price action and it can cause lossesDo not trade immediately before or after a news announcement.This system works on higher timeframes but testing showed a drop in win percentage as price canstall or move higher or lower for one more candle after the criteria are met.The 300 sec option gives us a chance to enter 5 min trades on a continuous basis. On mobileplatforms 5 min options are not available all the time. Only at broker specific periods. This is a wayaround that.The only downside is that payouts drop from 75-80% to 65-75%.Breakeven ration therefore have to be at 70% win rate.I have changed the RSI to typical price. This is to avoid getting signals whilst the CCI and price actionshow divergence.Created by:Andre JoubertOn 14-09-2015.
Binary Options CCIRSI trading system Summary: This trading system is for the 5 min period. 300sec option on 60 sec tab. Payout is 70% on most trades. Indicators: RSI period 4 (typical) levels 10 and 90 CCI period 10 (typical) Levels -170 and 170 The strategy: Call:
