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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.

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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)
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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

Strategy for binary options, Forex and CFD - Cornflower Trading System: up

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

Strategy for binary options, Forex and CFD - Cornflower Trading System: down

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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
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Download the Cornflower Trading System strategy

Download the Cornflower Trading System strategy
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