✔️ The B.O.T System BO V5 is a system of indicators that gives alerts (pop-ups, sounds, and push alerts) for Binary Options in MetaTrader 4;
✔️ This system is based on the Pin Bar reversal pattern and an additional reversal signal for more trading opportunities, looking for pullbacks / retracements. This is a pattern universally recognized and one of the most reliable price action trading signals for different markets and time frames;
✔️ (Up to +80% ITM rate) - This can be a highly profitable strategy if filtered by the additional (Overbought and Oversold indicators) included, which provide more information and validation so that traders can judge better their entries.
❗️Inbox if interested!❗️
TRADING BINARY OPTIONS (V5) Currency pairs: Every currency pair; Time – Any, especially (11-17 GMT); Timeframe: M5 (recommended);
TRADING REVERSALS STRATEGY (Pin Bar Reversals) WARNING: Not every pin bar is a high probability setup or worth trading!
Valid Pin Bar Reversals:
➡ Open and close within the previous candle;
➡ Candlewick minimum 3 times the length of the candle body;
➡ Long nose protruding from all other candles (must stick out from all other candles);
➡ If a pin bar occurs in a strong trend after price retraces to a support or resistance level.
The success of this reversal strategy depends on multiple factors:
➡ The trader’s ability to identify a proper “pin bar reversal” setup that meets the criteria described before;
➡ Trading in the direction of the prevailing trend, looking for pullbacks / retracements;
➡ Price in an overbought or oversold situation (bottom indicators);
➡ Price near or touching dynamic support and resistance levels and round number levels (drawn automatically);
➡ Price near or touching the channel limits (tops or bottoms) (drawn automatically).
➡ No trading before economic news;
➡ Avoid low volume market (small candles).
ENTRY SIGNALS:
➡ Call/Buy (For the best ITM rate) - After the alert, traders should look for: White arrow and green circle + valid Pin Bar (like mentioned above) + oversold situation in the bottom indicator windows + near or outside bollinger bands.
➡ Put/Sell (For the best ITM rate) - After the alert, traders should look for: White arrow and red circle + valid Pin Bar (like mentioned above) + overbought situation in the bottom indicator windows + near or outside bollinger bands.
➡ Call/Buy (For the best ITM rate) - After the alert, traders should look for: Green arrow + oversold situation in the bottom indicator windows + near or outside bollinger bands.➡ Put/Sell (For the best ITM rate) - After the alert, traders should look for: Red arrow + overbought situation in the bottom indicator windows + near or outside bollinger bands.
Remember, trading is a "probability game". You just have to be right most of the times. Be patient and don’t be greedy (use a money management method)!
Once these rules are understood, traders MUST have the discipline to follow them and only trade when the criteria is met.
FOREX TRADING (V4)
➡ Buy& Sell - Moving Average - This moving average gives the direction of the trend and changes colour in reversal points, signalling “Buy” or “Sell” entry points. In conjunction with other signals (bottom of the chart), it can help traders to predict and anticipate the market movements for medium to long-term positions.Additionally, in the upper left corner of the chart, traders will be informed about the current trend.
Below, here's a ((SELL)) example for Forex trading:
- As soon as a green arrow appears in the bottom forex indicator or the moving average changes colour, “Take profit”;
- Adjust your stop loss accordingly.
Vice-versa for ((BUY))
➡ Automatic Price Channels - Price channels are drawn automatically and consist of parallel support and resistance levels. Traders can use this channel levels for entry and exit points (tops and bottoms). When the channel is bullish you can look for opportunities to buy the Forex pair as price bounces from the lower level. You can hold the trade until the price approaches the upper level of the channel. Vice-versa for a bearish channel.
The lower level of the channel is a typical bullish trendline which goes through the bottoms of the price action. The upper level is parallel to the lower trendline and connects the diagonal boundary for the topping price action. This creates the classic price channel.Traders can use this channel levels for entry and exit points (tops and bottoms). When the channel is bullish you can look for opportunities to buy the Forex pair as price bounces from the lower level. You can hold the trade until the price approaches the upper level of the channel. Vice-versa for a bearish channel.
➡ Automatic MACD Divergence - This is an indicator for trading reversals, helping the trader recognize and respond to changes in price action by showing that momentum is waning during a trend, and therefore more susceptible to a reversal. Less momentum does not always lead to a reversal, but it does signal something is changing, and the trend may consolidate or reverse.- A bearish divergence occurs when the indicator is making lower highs while the price is making higher swing highs. - A bullish divergence occurs when the price is making lower swing lows while the indicator is making higher lows.
➡ Dynamic Support and Resistance levels and pivots - Consists of horizontal levels automatically drawn that indicate areas of key support and resistance.
➡ Oscillator with arrows - Combines three classic indicators: Moving Averages, Momentum and Bollinger Bands. Additional arrows with dots identify strong reversal points, providing the trader with possible entry points
Other additional features:
➡ Current Market Price;
➡ News Release information with levels of impact (bottom left);
➡ Range comparison (top left);
➡ Bollinger Bands.
Image examples, info and videos are available at: https://www.facebook.com/traderoptionsfx/ and https://www.youtube.com/binaryoptionstrade
DISCLAIMER: This is not investment advice. This software is a one-time payment, NOT a subscription. There are no refunds and all sales are final.Traders should practice and test on a demo account before real trading. This system of indicators for Binary Options and FX, should be extensively tested and considered as an aid. Its effectiveness depends on the traders ability to follow all the rules mentioned and evaluate the best timing to enter the market, having in mind aspects like volatily and knowledge regarding price action and support and resistance levels.This system will be continuously tested and evolved. New versions are expected to be released and updated for free!Opinions, analysis, research or any kind of content or information shared do not constitute investment advice or a solicitation for any kind of investment in the financial market. I /We will not accept any liability for any loss directly or indirectly from the use or reliance on such information or content.
RISK WARNING: I / We advise that you should not risk more capital than you are prepared to lose. Before trading, you should understand the risks involved and take into account your level of experience. Due to the high volatility of the Market, prices traded can vary considerably over the course of a day, which may bring you profit as well as loss. Volatile price movements should be carefully considered as there are higher risks of loss. Prices may fluctuate due to changes in market conditions which are beyond your control, resulting in losses. The volatility of the market can be affected by but is not limited to, changes in the supply & demand, national & international policy, geopolitical instability and economic/political events or announcements. There are no guarantees of any specific level of performance or that your investment decisions/strategies will yield profit or financial gain.
