Nerpa Binary Strategy is a Forex Binary System that gives easy-to-use buy/sell signals. This set-up will suit Fast Scalping and Binary Traders. This indicator is created for the MT4 platform only. The indicator is trend Momentum based on the Simple Smoothed Moving Average and the Stochastic oscillator.

For Scalping, It could be used for very fast scalping with 2-5 target pips and stops below the signal bar on M1 or M5 timeframes. But there is also a strategy for Day trading. If used for binary options, a 1-minute chart signal is desirable for a 3-minute expiration time.

This Binary Indicator System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.

You can set the Nerpa Indicator system to send you a signal alert via platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.

Forex Nerpa strategy can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, It’s great for scalping on M1 or M5 timeframes. If used for binary options, a 1-minute chart signal is desirable for a 3-minute expiration time.

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Trading Rules for Day Trading

• If above the moving average only use buy arrows only and if below sell arrows only.
• The stochastic color oscillator level is over 80 for Sell or Below 20 for Buy.

Trading Rules for Binary Strategy

• Trading only in the direction of the trend. (Price above/below simple moving average smoothed.)
  • If above the moving average only use buy arrows only and if below sell arrows only.
• M1 timeframe signals with 3-minute expiry.

Trading Rules for Fast Scalping

• M1 or M5 timeframes. 
• Trading only in the direction of the trend. (Price above/below simple moving average smoothed.)
  • If above the moving average only use buy arrows only and if below sell arrows only.
• In the left corner of the window(blue windows), there is information on the probability of the movement of candles. The trade can be confirmed if probabilities are in favor. but this information can be optional.
• Initial stop loss below candle and take profit 2 to 5 pips or equal to stop loss pips

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