Binary Divergence Boom Trading System For Mt4

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Bollinger Bands divergence indicator is a technical indicator based on Bollinger Bands (BB) which is a volatility indicator developed by John Bollinger was based on moving averages, and technical analysis of the divergence.

when the small circle appears in the upper band corresponding to a sell signal. when the small circle appears in the lower band corresponding to a buy signal. Trading with Bollinger Bands divergence indicator in trendig market

Trading with Bollinger Bands divergence indicator in trendig market

Time Frame 30 min or higher.
Markets: Forex, Indicies, Commodities.
For Binary Options High/Low expiry time 4-6 candles.

Metatrader Indicators:
Bollinger Bands divergence
Cloud: setting 250 for 30min and H1 time frame.
ADR 1 ( optional for intraday trading),
Bollinger Bands divergence indicator,
RSI filter (4 period).

Buy
When the market is in trending up, wait the following two conditions:
the small circle appears in the lower band and the price is in the green zone of the cloud;
first blue bar of rsi filter.

Sell
When the market is in trending down, wait the following two conditions:
the small circle appears in the upper band and the price is in the red zone of the cloud;
first red bar of rsi filter.

Note:this binary template work good in trending market.

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