Price Action 4H Binary Option Indicator
This Binary Option Indicator Trading rules
For Swing Trading, it works great on M15 to H4 timeframes. But you can use it on any. To trade with Binary options we recommend the 4-hour timeframe with an expiration time of 4-5 candles (16 to 20 hours) or the end of the day.
M Bollinger Band Indicator upper and the lower bands are the dynamic levels of the support and resistance; Buy Zone is the two Blue lower bands and Sell Zone is the two Red upper bands. Green and Red arrows are pin bar indicator.
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Buy or Call
When the price is in the Blue buy zone or broke down to the lowest band.
Small Green Arrow on pin bar indicator.
Set a pending buy order at 40% of the Pin Bar. (Wait for the price retraces)
Sell or Put
When the price is in the Red sell zone or broke up to the highest band.
Small Red Arrow on pin bar indicator.
Set a pending buy order at 40% of the Pin Bar. (Wait for the price retraces)
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