BINARY OPTIONS STRATEGY: PIVOT POINT LEVELS REVERSAL

BINARY OPTIONS STRATEGY: PIVOT POINT LEVELS REVERSAL

This Strategy Binary Options is based on the metatrader indicators: JMO and Pivot Points Levels but is inspired at 1hr trading system Levels Reversal but i have add a new indicator for filter(P.magic rainbow v.7).

Time Frame 240 minutes: Exiperes time 240 min or 480 depends by depends on the risk that one is willing to accept.
Currency pairs any.
Markets: Forex, Stocks, CFD, Futurex, Gold, Silver and Oil.

Metatrader Indicators:
Pivot points Levels,
JMO indicator.
P-magic Rainbow .v.7 (for filter).

Buy
When that the price breaks a support Pivot Point level, wait that jmo indicator come back up from overbought area and crosses upward.
This condition is reliable if P-Magic Rainbow does not break the upper band.
P-Rainbow Magic should fluctuate within the bands.

Sell
When that the price breaks a resistant Pivot point level, wait that jmo indicator come back down from oversold area and crosses downward.

This condition is reliable if P-Magic Rainbow does not break the Lower band.

P-Rainbow Magic should fluctuate within the bands.

Pivot Point Levels Reversal: Binary options One/Touch
Time Frame 240 minutes: Exiperes time 960 min

The Trading Rules are the same.

In the examples Pivot Point Levels Reversal in action
Binary Options Strategy: Pivot Point Levels Reversal Template and indicators