Hey Guys today i will give you my binary pivot strategy.
Download Pivot indicator From our previous post .... Click Here
MT4 Chart Settings
Select M1 Time Frame
Then Apply Pivot indicator on Chart
In Indicator settings Chose M5 Pivot
Then Apply RSI 7 Close
Your Binary Broker Chart Settings
Select 10 Second Time Frame
Expiry 2 Mints
Rules for Buy Trade..
When New M5 Pivot Appear on Chart .
if Price Above M5 Pivot and RSI Above 50 or at 20 , 30 level
Rules for Sell Trade..
When New M5 Pivot Appear on Chart .
if Price Below M5 Pivot and RSI Below 50 or at 80 , 70 level
Emotional Rules ..
Only one Trade in 5 Mints .
Means when new M5 pivot appear on chart , You have only one chance to trade ..
if buy/sell conditions not fulfill then wait for next M5 Pivot .