The Best MACD Strategy for binary options trading using the 5 minute timeframe. ►How to use MACD: Moving Average Convergence Divergence Tool: https://goo.gl/MAbG8X ► Read more on how to use the Best MACD Entries Strategy here: http://goo.gl/5Xar62 Moving Average Convergence Divergence is an indicator used in this strategy. Together with two simple moving averages and a stochastic oscillator, it makes up a strategy for binary options trading on the M5 timeframe. Setting up the Strategy: Set the MACD levels to 12, 26 and 9. For the Stochastic. I just drag and drop one from the Navigator window. You can either use 5,3,3 or 9,3,3 for the stochastic and 80/20 for overbought and oversold. If you choose 5,3,3 you will get more signals but the number of false signals might increase. You can play with that and see for yourself. ---------------------------------------------------------------------------------------------------- The Rules are simple: Call option is confirmed when the 50 SMA is above the 100 SMA and the MACD signals bars up above the zero line (green bars). The exact entry is then when the stochastic oscillator's blue line crosses the red line from below and oversold position (20 line). The opposite is true for taking put options. ► You can download the custom MACD with colors here: http://www.forexfactory.com/attachment.php?attachmentid=1714285&d=1437003223 ► You can also simply search for: MACD_OsMA_4ColorH_2LVar_mtf.ex4 ► Not sure how to install it? Watch my tutorial on MetaTrader 4. https://youtu.be/NXCqz9ros2E — Remember, only using indicators such as MACD and Stochastic or any other indies is not enough in the long run. If you want to remain profitable you must master price action trading so focus on that. Use this strategy to "test the waters" and try it first on a demo account. Use recent price action history to find the right expiry for your trades.
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