Parallel Channels Binary Options Indicator
This Binary Options Indicator Trading rules
For Forex Trading, it works great on M15 to H4 timeframes. But you can use it on any. To trade with Binary options we recommend the 15-minute to 1-hour time frame.
15-Minute or 30-Minutes chart for 5-6 candle expiration.
1-Hour chart for 4-6 candle expiration.
Buy or Call
Price moves into lower Parallel Channels bands or below the Parallel Channels.
Two consecutive Buy Arrow of the iSthochTxt indicator,
The third Buy arrow opens the Buy order at the opening of the next candle if a trend line is below the buy arrow of the iSthochTxt indicator.
The nearest resistance level should be your take profit.
Sell or Put
Price moves into higher Parallel Channels bands or above the Parallel Channels.
Two consecutive Sell Arrow of the iSthochTxt indicator,
The third Sell arrow opens the Sell order at the opening of the next candle if a trend line is above the sell arrow of the iSthochTxt indicator.
The nearest support level should be your take profit.
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