Raptor presents a trading approach centered on price action and trend reversals, leveraging dynamic RSI bands. Its primary goal is to pinpoint optimal entry points for swift trades.
This strategy is adaptable to both binary options and forex trading, as well as other financial markets. It relies on aligning RSI signals with a smooth moving average, optionally complemented by the B. Williams Accelerator, to identify favorable trading opportunities.
Setup Strategy
Recommended time frame: 5 minutes or higher for forex, while binary options trading operates well within 3-5 to 15-minute time frames.
Expiry time: Set at 5 candles or bars.
Suitable currency pairs: Any.
Indicators on MetaTrader 4:
Support and Resistance
Moving average (100-150 periods)
RSI filter (3 periods, acknowledging its tendency to repaint, yet crucial for signal confirmation alongside the moving average)
Optional Accelerator indicator
Trading Guidelines for Binary Raptor:
Buy Signal
Moving average displays in green.
RSI indicates a buy signal (typically depicted with an arrow).
Optional confirmation from the Accelerator indicator.
Sell Signal
Moving average exhibits in red.
RSI signals a sell indication (usually marked with an arrow).
Optional confirmation from the Accelerator indicator.
Position Exit Strategy
Establish predetermined profit targets and stop-loss levels, maintaining a minimum ratio of 1:1.15.
Set profit targets at support/resistance levels.
Place stop-loss orders at the preceding swing high/low, adjusting with the market's movement.
Download
https://drive.google.com/file/d/1pS1orTgte8InecUkVas9-g_3KZAGBq4F/view?usp=sharing
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