Forex Binary Options High Probability Trading Setups and Technique with TDI and MACD Candle Indicator

Forex and Binary Options Trading Strategy – High Probability Trading Setups and Technique with TDI and MACD Candle Indicator. The whole system is based on waiting for the reversals of the market on all time-frames that show us the second indicator “Time-Frames Analysis“. This will ensure that we trade in the direction of the long-term trend of the market, while in the short term, we have a well-timed entry into the market.

High-Probability-Trading


So, on the higher timeframes (H4, Daily, Weekly, Monthly) I am waiting for a clear rising or falling of the market.

Conversely, on the lower time frames (M15, M30, and H1) I enter after a reversal of candlesticks in the direction of higher time-frames. You can see an overview of several reversal candlesticks below.

High-Probability-Trading-D1-M30

 

MACD Candle Time-Frames Analysis

What is Time-Frames analysis? The indicator, thanks to which we have an overview of all time-frames, provides us with an overview of what is actually happening in the market.

Tracking multiple time-frames is time-consuming, yet if we follow only one time-frame, then we often lose track of the overall movement and context of the market. That’s the reason I use this indicator during my trading. “MACD Candle Indicator“.

High-Probability-Trading-MACD-Candle
 

TDI (Traders’ Dynamic Index) Indicators

Traders Dynamic Index (TDI) MetaTrader indicator — a comprehensive but helpful indicator that uses RSI (Relative Strength Index), its moving averages, and volatility bands (based on Bollinger Bands) to offer traders a full picture of the current Forex market situation.

TDI Input parameters
  • RSI_Period (default = 13) — period in bars for calculation of RSI. Recommended range is between 8 and 25.
  • RSI_Price (default = PRICE_CLOSE) — price type to use in RSI calculation.
  • Volatility_Band (default = 34) — period in bars for volatility bands calculation. Recommended range is between 20 and 40. The lower the value the more sensitive the band.
  • StdDev (default = 1.6185) — standard deviation multiplier for volatility bands. It is not recommended to change this parameter.
  • RSI_Price_Line (default = 2) — period of the first moving average (fast) of RSI.
  • RSI_Price_Type (default = MODE_SMA) — type of the first moving average of RSI.
  • Trade_Signal_Line (default = 7) — period of the second moving average (slow) of RSI.
  • Trade_Signal_Type (default = MODE_SMA) — type of the second moving average of RSI.
Recommended Article:  Forex & Stocks 50-period EMA SuperTrend SCALPING Strategy

Forex-TDI

At a first glance, Traders Dynamic Index is not too easy to use, but you will get accustomed to it:

  • For scalping, enter long when the green line is above the red line and enter short when the red line is the above green line.
  • For short-term trading, enter long when the green is above both the red and the yellow lines; enter short when the red one is above both the green and the yellow ones.
  • For medium-term trading, go long under the same conditions as for the short-term trading but only when all lines are below 50; to go short — the same but above 50.
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Mind the blue volatility band as it points to the long-term trend strength and volatility when wide. Steep green line changes also signal short-term market volatility.

 

High Probability Trading System and Rules

 

Forex Binary Options High Probability Trading Setups and Technique with TDI and MACD Candle Indicator. This Trading System is a trend-momentum system based on moving averages TDI, MACD Candle, and RSI Filter.

The General Rules of Trading System:

  • Trade only in the direction of the primary trend (H4, Daily, and Weekly).
  • Enter the market on the lower time frames (M15, M30, and H1) after a reversal of candlesticks in the direction of higher time-frames.

 

BUY Rules

High-Probability-Forex-BUY

  • The green line TDI Indicator is above both the red and the yellow lines and when all lines are above 50 level.
  • MACD Candle blue color
  • MACD Candle Time-Frames analysis
    • The lower time frames (M15, M30, and H1) after a reversal of candlesticks in the direction of higher time-frames (H4, Daily, Weekly, Monthly).
  • RSI Filter blue color bars
  • Signal Trend green bars

 

SELL Rules

High-Probability-Forex-BUY

  • The green line TDI Indicator is below both the red and the yellow lines and when all lines are below 50 level.
  • MACD Candle red color
  • MACD Candle Time-Frames analysis
    • The lower time frames (M15, M30, and H1) after a reversal of candlesticks in the direction of higher time-frames (H4, Daily, Weekly, Monthly).
  • RSI Filter red color bars
  • Signal Trend red bars
Recommended Article:  Forex Direction Higher Time Frame Trading System and Strategy

 

EXIT Rules

We use major S / R levels in the market.

  • If we open a BUY trade, then the Stop-Loss will be set under the first logical support nearest to the current market price, and Profit-Target will be set at the first logical nearest resistance in the market.
  • If we open a SELL trade, then I will set the Stop-Loss above the first nearest resistance to the current market price, and Profit Target will be set on the first nearest logical support in the market.

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