rsi binary options strategy pdf

For this strategy nosotros will utilise a combination of technical indicators – two exponential moving averages with different periods, the Moving Average Convergence Divergence (MACD) and the Relative Forcefulness Index (RSI). Nosotros need a shorter-term Exponential Moving Average (vii-day EMA, white on the charts beneath) and a longer-term one (26-day EMA, ruddy on the charts below). In addition, we will use the default settings of the RSI (14 periods, xxx.00 as oversold, lxx.00 every bit overbought) and the default settings of the MACD (brusque-term is 12, long-term is 26 and MACD periods are 9). The time frame is set to 15 minutes, while the expiry time is hour (a four-candle expiration time).

In lodge to make trading decisions, one needs to accept into business relationship the post-obit conditions:

If he/she is to buy a Call choice:

1. The 7-day EMA needs to cross the 26-twenty-four hour period EMA in a bottom-upward style,
2. The RSI needs to move to a higher place its 50.00 level and
3. The MACD line (blue on the chart below) needs to be ascending.

If he/she is to buy a Put option:

1. The 7-24-hour interval EMA needs to cross the 26-twenty-four hour period EMA in a peak-down mode,
2. The RSI needs to move below its 50.00 level and
iii. The MACD line (bluish on the chart below) needs to be descending.

You should make certain that all three conditions are present before you make your entry.

On the 15-minute charts above the vertical lines mark where a call and a put entry should be made, while the triangles mark the decease.

Source: https://www.tradingpedia.com/binary-options-academy/types-of-binary-options-and-underlying-assets/60-minute-binary-options-strategy-using-emas-macd-and-rsi/

Posted by: dexterhined1936.blogspot.com

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