Strategy for binary options, Forex and CFD - Dragon 5 min Scalping

Strategy for binary options, Forex and CFD - Dragon 5 min Scalping - a strategy based on moving averages, showing trading signals for opening trades up and down.

Minimum Time Frame and expiration time

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

Recommended Time Frame and Expiration Time

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

Dragon 5 min Scalping strategy indicators

• 75 pips a time
• cpmSC
• LogicTrendline
• PivotsD_v5 (Black)
• Symbol changer profit display v3

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.

Dragon 5 min Scalping strategy: signal to increase

• Price above moving averages
• Green up arrow appears

Dragon 5 min Scalping strategy: down signal

• Price below moving averages
• Purple 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