Strategy for binary options, Forex and CFD - Fibo Bars Pulsar Strategy

Strategy for binary options, Forex and CFD - Fibo Bars Pulsar Strategy - a trading strategy designed to identify upward and downward trends to find optimal entry points.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 20 minutes (4 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M15
• Expiration time: 90 minutes (6 candles)

Fibo Bars Pulsar Strategy Indicators

• FiboBars2
• UTPOW

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.

Fibo Bars Pulsar Strategy: signal to increase

• Fibobars green candle
• The green UTPOW line crosses the rising red line

Fibo Bars Pulsar Strategy: downside signal

• Red Fibobars candle
• The red UTPOW line crosses the descending green 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