Strategy for binary options, Forex and CFD - TFX Obos Scalping

Strategy for binary options, Forex and CFD - TFX Obos Scalping - 5-minute strategy for finding optimal entry points in the direction of trend price movement.

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: 25 minutes (5 candles)

TFX Obos Scalping Strategy Indicators

• Direction
• TFX OBOS Oscillator
• TFX Pivot Points
• TFX PivotPro
• TFX Reversal
• TFX TrendBars

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.

TFX Obos Scalping strategy: signal to increase

• Green dot appears
• Green up arrow appears
• TFX Obos Oscillator above zero level

TFX Obos Scalping Strategy: downside signal

• A red dot appears
• A red down arrow appears
• TFX Obos Oscillator below zero level

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