Money Flow Index Binary System
Money Flow Index Binary System is a trend momentum High/Low.
Time Frame 60 seconds: expires time 120-300 seconds;
Time Frame 5 min expires time 10-30 min.
Markets: Forex, Indicies, Stocks, Metals.
Metatrader indicators:
Weighted WCCI (30, 13, 200,100, 200);
Money Flow Index ( periods, 4, levels 80, 20);
Moving Average 100 (high);
Moving Average 100 (low).
Rules for Money Flow Index Binary System
Trade only in direction of the trend.
Buy Call
Price above moving average (100) channel;
Money Flow Index above 80 level;
Weighted WCCI: line dodger blue > green line and > of 100 level.
Buy Put
Price below moving average (100) channel;
Money Flow Index below 20 level;
Weighted WCCI: line dodger blue < green line and < 100 level.
The advantage of this Binary strategy is great profitability.
This binary system is also good for trading in the forex market.
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