128# 5 min Binary killer.
5 min Binary killer is a classic scalping system trend-momentum good also for trading with binary options.
Time Frame 5 min or higher.
Currency pairs majors, Index and commodities.
Expiry time 3 -5 candles.
RSI 9 period, close,
Stochastic (10, 3,3,),
EMA Crossover Signal (4, 8),
Trading Rules 5 min Binary killer.
RSI above 50 level,
Stochastic crosses upward,
MACD: histogram > line more aggressive trading option or MACD >0 more conservative,
Heiken Ashi color withe.
RSI below 50 level,
Stochastic crosses downward,
MACD: histogram < line more aggressive trading option or MACD <0 more conservative,
Heiken Ashi color red.
Exit position for intraday trading at the opposite signal with predetermined profit target or make profit at the level of support and resistance. Initial stop loss on the previous swing.