The Gold Intraday Trading System strategy generates accurate and profitable signals not only for scalping and day trading, but also for binary options trading.
The Gold Intraday Trading System trading strategy is designed for scalping and day trading, but can also be used to trade binary options.
Input parameters
- Currency pairs: gold, major currency pairs
- Timeframe: M1-M30
- Expiration time for binary options: 5-15 candles
- Bidding Time: Any
- Risk management: choose a lot size so that the risk is no more than 2-5% of the deposit per transaction
Indicators Used
- TMA Bands with distance (half length 61, ATR 2.6, ATR period 110)
- TMA Bands with distance (half length 61, ATR 3.8, ATR period 110)
- Half Trend: for M1 and M5 (amplitude 2), for M15 and M30 (amplitude 1)
- CCI (18 period level 100, -100)
- Pivot points levels
Installation of indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the MQL4 folder -> indicators
- We copy the templates to the templates folder
- Restart the terminal
- Open the chart of the desired currency pair
- Install the template named Gold Intraday
The graph should look like this:
Signals indicating the opening of a buy position (purchase of a Call option)
- the price pushed off from the lower boundaries of the TMA channel or crossed them from bottom to top;
- an up arrow appeared;
- histogram of the CCI indicator is above the zero level.
Signals indicating the opening of a sell position (purchase of the Put option)
- the price pushed off from the upper boundaries of the TMA channel or crossed them from top to bottom;
- a down arrow appeared;
- histogram of the CCI indicator below zero.
Setting Stop Loss and Take Profit
- Stop loss is set above / below the boundaries of the TMA channel;
- Take profit is set at the opposite boundary of the TMA channel or near the pivot level.