Perfect Binary Signal Indicator

Perfect Binary Signal Indicator

Perfect Binary Signal Indicator is a trend reversal trading system for binary options high/low and for forex trading based on two momentum signals and two filters based on regression and Support and resistance. This set-up will suit Scalpers and Binary Traders.

The characteristic of this trading system is that the main signals are generated by two indicators,

5M ARROWS UP Down
RSI HHLL
These two indicators are followed if the signal candle touches the edges of the channel or closes outside the channel bands.

For Scalping, it works great on M5 timeframes. But you can use it on any. If used for Binary options, a 5-Minute chart is desirable for 15-minute(3 candles) expiration or a 15-Minute chart for 30-minute(2 candles) expiration.

Binary options indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.

Binary Signal Indicator Trading rules
For Binary options, a 5-Minute chart is desirable for 15-minute(3 candles) expiration or a 15-Minute chart for 30-minute(2 candles) expiration.

For Scalping, it works great on M5 timeframes. But you can use it on any. We also recommend keeping a look for support & resistance when entering trades.

Buy signal or Call
The signals generated by the two main indicators (HHLL and 5 min up and down)
“5M ARROW UP DOWN” Indicator White Up Arrow.
HHLL Indicator price close to dotted Green line
Followed if the signal candle touches the edges of the low channel or closes outside the low channel band.
Or the signal is generated on a support.
Sell signal or Put
The signals generated by the two main indicators (HHLL and 5 min up and down)
“5M ARROW UP DOWN” Indicator White Down Arrow.
HHLL Indicator price close to dotted Yellow line
Followed if the signal candle touches the edges of the high channel or closes outside the high channel band.
Or the signal is generated on a resistance.
Exit position
Place initial stop loss “X” pips below/above the entry signal. “X” pips depend on currency pairs and time frame.
Profit target at the middle channel, at the opposite band, or opposite signal.
For Binary option
5-Minute chart for 15-minute expiration(3 candles).
15-Minute chart for 30-minute expiration(2 candles).