Strategy for binary options, Forex and CFD - TFX Obos Scalping
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.
Contents
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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)
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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
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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 TFX Obos Scalping strategy
Download TFX Obos Scalping strategy......
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