The Attack of the Viper binary options strategy is a potent method designed to capitalize on trend-following opportunities in the financial markets. Utilizing a combination of T3 and CCIRNP indicators, this strategy empowers traders to make informed decisions with precision and confidence.
Key Components:
- T3 Indicators: The strategy leverages a set of eight T3 indicators to identify trend direction and strength. These indicators serve as key signals for determining entry and exit points in the market.
- CCIRNP Indicator: Acting as a supplementary tool, the CCIRNP indicator assists in confirming trend reversals and providing additional confirmation for trade setups.
- Time Frames: The strategy accommodates various time frames ranging from 30 minutes to daily charts, allowing traders to adapt their approach based on their trading preferences and market conditions.
- Currency Pairs and Markets: The binary options strategy is versatile and can be applied to various markets, including forex, stocks, CFDs, futures, gold, silver, and oil.
Strategy Rules:
- Buy: Look for the candle price above T3 indicators 1 to 6, with dark green coloration, or above T3 indicators 7 and 8 with lime green coloration. Additionally, ensure that the CCI RNP indicator is red.
- Sell: Seek the candle price below T3 indicators 1 to 6, with dark green coloration, or below T3 indicators 7 and 8, with lime green coloration. Confirm this setup with the CCI RNP indicator showing aqua coloration.
- Exit Position: Close the position at the expiry time specified for the chosen time frame.
Binary Options One Touch Variation:
- The One Touch variation of the strategy follows similar rules to the High/Low method but introduces Fibonacci Pivot levels for intraday trading. Additionally, the expiry time for One Touch binary options differs from the High/Low approach.
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Conclusion:
The Attack of the Viper binary options strategy offers traders a systematic approach to capitalize on trend-following opportunities across various markets and time frames. By adhering to the strategy rules and utilizing the recommended indicators, traders can enhance their trading performance and achieve consistent results in the dynamic world of binary options trading.
Credit to forexstrategiesresources
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