The Impulse Trading strategy for binary options is built on readings from two indicators: Impulse AA and 123PatternsV6. It can be applied to any timeframe the trader is comfortable with, though M5 or higher is recommended. Trade during the European and American sessions, with an expiration of 30 minutes on M5 or 90 minutes on M15 (6 candles).
Installation
The strategy is installed using the standard method. After extracting the archive, move the MQL4 folder to the MetaTrader 4 Data Folder directory. Restart MT4, then open a price chart for any currency pair and apply the strategy template.
Call Option Entry Rules
Open a Call option when all three of the following conditions are met in sequence:
- the green impulse on the Impulse AA indicator crosses above level 20 (a diagonal green arrow appears on the chart);
- a blue arrow appears on the chart;
- price breaks the blue 123PatternsV6 line from below.
Once all three conditions are confirmed, open a Call option with an expiration of 6 candles immediately after the price breaks through the blue 123PatternsV6 line.
Put Option Entry Rules
Open a Put option when the opposite conditions are met:
- the red impulse on the Impulse AA indicator is above level 20;
- a red arrow appears on the chart;
- price breaks the 123PatternsV6 line from above.
Once all three conditions are confirmed, open a Put option with an expiration of 6 candles immediately after the price breaks through the red 123PatternsV6 line.
Impulse Trading is well suited to binary options because its signals develop in stages, giving you time to prepare for the entry. To trade it effectively, you also need a reliable broker that executes orders promptly and offers competitive payouts. Our current rating of trusted brokers is available in the Best Binary Options Brokers section.
Download the Impulse Trading Strategy
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