Strategy for binary options, Forex and CFD - Snake Blood Strategy

Strategy for binary options, Forex and CFD - Snake Blood Strategy - a strategy based on three Heiken Ashi indicators and an oscillator to search for entry points in the direction of trend price movement. .

Minimum Time Frame and expiration time

• Time Frame: M1
• Expiration time: 3 minutes

Recommended Time Frame and Expiration Time

• Time Frame: M1
• Expiration time: 4 minutes (4 candles)

Snake Blood Strategy Indicators

• Arrow with Alert
• Heiken_Ashi_Exit
• rsioma - oma pre filtered nmc

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.

Snake Blood Strategy: signal to increase

• Buy arrow appears
• Green bars of all three Heiken Ashi indicators
• Green line of the M1 rsx MA oscillator

Snake Blood Strategy: down signal

• Sell arrow appears
• Red bars of all three Heiken Ashi indicators
• Red line of the M1 rsx MA oscillator

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