What to combine RSI with?

Indicator of binary options macd rsi

The main indicator is the RSI.

  • What to combine RSI with?
  • The mathematical model behind this binary options trading strategy has a proven market edge.

A trader will follow its line and check when it crosses the 50 levels. The SMA is showing whether the price is over or under the average rate for a certain number of periods.

RSI + SMA + MACD = a Strategy for Any Market

Just check whether the price bars form under or over the SMA line. The second filter used in our strategy is the MACD indicator.

It provides quite powerful signals at the time of crossing the baseline. How to set up indicator of binary options macd rsi indicators You have to be logged in to your Olymp Trade account. Choose the asset, set the chart, and then click on the indicators feature icon.

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You have to add each indicator separately. To the needs of our strategy leave the default settings for all three indicators. The line of value 50 in the RSI window has to be crossed from below.

The price bars have to develop above the SMA10 line. The two lines of the MACD indicator have to intersect under the 0 line.

  1. Why is it so popular?
  2. Accurate Indicator Forex.
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When all the above demands are fulfilled you can enter a UP trade for the duration of the next candlestick. The price bars develop under the SMA10 line. The MACD lines intersect each other over the 0 lines.

indicator of binary options macd rsi

Only then you can successfully open a sell position. Signal to open Put order Final thoughts The signals received from three indicators together are pretty powerful.

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However, they do not occur often. The RSI may oscillate close to 50 for a relatively long time. Such signals are not valid.

indicator of binary options macd rsi

Remember, that for a strategy to work, all three conditions must be met. Waiting for a strong signal requires a lot of patience. But once you have finally got the green light to go, you may be pretty sure it will be a winning trade. I encourage you to try the strategy on the free Olymp Trade demo account.

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Trading there is risk-free, so you get time to learn the strategy well. If you have any questions or doubts, do not hesitate to share them in the comments section down below. Wish you success!

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indicator of binary options macd rsi

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