Strategy for binary options, Forex and CFD - Barbarian Arrow

Strategy for binary options, Forex and CFD - Barbarian Arrow - a channel strategy built on channel indicators and moving averages, allows you to find points for buying and selling options with expiration dates of 1 and 5 minutes.

Minimum Time Frame and expiration time

• Time Frame: M1
• Expiration time: 1 minute (1 candle)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 5 minutes (1 candle)

Barbarian Arrow strategy indicators

• Barbarian Arrow Indicator
• HolyChannel
• HRcandle

Risk management

Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.

Barbarian Arrow strategy: signal to increase

• The price is in the red or blue zone
• The yellow line is below the purple line
• When an up arrow appears within 20 seconds or 2 minutes after the opening of a candle (M1 and M5, respectively), buy a CALL option on the current candle
• If the arrow appeared later, take a trade when the next candle opens

Barbarian Arrow strategy: down signal

• The price is in the red or blue zone
• The yellow line is above the purple line
• When the down arrow appears within 20 seconds or 2 minutes after the opening of the candle (M1 and M5 respectively), buy the PUT option on the current candle
• If the arrow appeared later, take a trade when the next candle opens

Trading on Forex and CFD

• Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
• The trade is opened after receiving a signal from the trading strategy
• The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
• The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
• Take Profit to Stop Loss levels are set depending on the selected time frame
• The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading