Strategy for binary options, Forex and CFD - Cornflower Trading System
Strategy for binary options, Forex and CFD - Cornflower Trading System
Strategy for Binary Options, Forex and CFD - Cornflower Trading System - a trend following strategy applied on the 1-hour chart to find accurate trading signals to open a trade.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Indicators of the Cornflower Trading System strategy
- Risk management
- Cornflower Trading System strategy: signal to increase
- Cornflower Trading System strategy: downside signal
- Download the Cornflower Trading System strategy
......
Minimum Time Frame and expiration time
- Time Frame: H1
- Expiration time: 2 hours (2 candles)
Recommended Time Frame and Expiration Time
- Time Frame: H1
- Expiration time: 3 hours (3 candles)
......
Indicators of the Cornflower Trading System strategy
- Moving Average
- Relative Strength Index
- Stochastic Oscillator
- MACD
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.
Cornflower Trading System strategy: signal to increase
- Moving averages are in the following order (from top to bottom): yellow, purple, blue, red
- The price is above all moving averages
- Stochastic lines are directed upward
- The rising MACD histogram crosses the red dotted line
Cornflower Trading System strategy: down signal
- Moving averages are in the following order (from top to bottom): red, blue, purple, yellow
- The price is below all moving averages
- Stochastic lines are directed downward
- The downward MACD histogram crosses the red dotted line
......
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
......
Download the Cornflower Trading System strategy
Download the Cornflower Trading System strategy......
Reviews and comments