Strategy for binary options, Forex and CFD - BBMA Forex Strategy

Strategy for binary options, Forex and CFDs - BBMA Forex Strategy - a strategy that allows you to determine price reversals and trading signals for opening a trade up or down.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 10 minutes (2 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 15 minutes (3 candles)

BBMA Forex Strategy Indicators

• FerruFx_Multi_info THV
• FX_Multi-Meter
• Heat_Map_MultiColor
• stochrsi__2.01_nmc-alerts
• Support and Resistance Breakout Arrows

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.

BBMA Forex Strategy: signal to increase

• The price went beyond the lower white band, the channel of bands began to expand
• The price returned to the channel, bounced off the blue dots and crossed the orange lines
• The basement indicator square is green
• Up arrow appears

BBMA Forex Strategy: down signal

• The price went beyond the upper white band, the channel of bands began to expand
• The price returned to the channel, bounced off the red dots and crossed the purple lines
• The basement indicator square is red
• Down arrow appears

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