RSI with Bollinger Bands is binary concepts high/low trading technique in line with the volatility. The cash managemet is with martingala.
Time frame 30min- 1H
Expiry time 2 candles
Markets: Forex foreign money pairs majors: EUR/USD, USD/CHF, GBP/USD, AUD/USD, NZD/USD, EUR/JPY, USD/JPY, AUD/JPY
Warning signs
RSI 14 duration, with 30 and 70 degrees);
Bollinger Bands (20, 2);
Policies for RSI with Bollinger Bands Binary method
Do not start previously the commercial information
We await the cost to eitherhit the curb bollinger band or the higher bollinger band and the moment this takes place we take the exchange immediatly.
Purchase Put
If the associated fee touches the decrease Bollinger band we and RSI is lower than the 30 we take a put.
Buy Call
If the price touches the higher Bollinger band we and RSI is above the 70 we take a call.
Martigale dollars administration
Minimal accout for this process 700$
first trade 10$,
second exchange 20$,
1/3 change 50$,
four alternate 50 $,
fifth trade 300$.
Thoughts according to martingale normally increases the adrenaline, traders, calm !!
In the images RSI with Bollinger Bands
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