BINARY HOLYGRAIL 2.0
Summary:
Trading Strategy Overview:
Rule 1: Look for a yellow dot and listen for the alarm signal. Then, check the HolyChannel indicator.
Rule 2: Best Conditions for Trading
- Aim for a 30-minute trade duration, proven to be most effective.
- Trade during the European and early US sessions, focusing on the EURUSD pair for reliable signals.
- If your broker doesn't offer a 30-minute trade option, choose the closest one, but avoid less than 25 minutes. Preferably, opt for 40 or 50 minutes, but anything from 25 to 60 minutes is acceptable.
Execution:
- Trade when there's a yellow dot and the price is in the red zone. Don't trade if these conditions aren't met.
- If both conditions are satisfied, wait for the current candle to close. Then, enter a trade for either a rise (CALL) or fall (PUT) in price, with a 30-minute duration, at the beginning of the next candle.
- In fast-moving markets, if a second yellow dot appears at the start of the entry candle and you're not already in a trade, wait for the current candle to close before entering at the new candle's onset.
Rule 3: Confirmation of Signals
- Always wait for the signal candle to close (one with the yellow dot and within the red zone). This ensures reliable signals, considering possible price shifts.
Strategy Summary:
- Stick to these simple rules. The effectiveness of a strategy often lies in its simplicity.
- Avoid complicating things with additional indicators or modifications. Trust in the system's effectiveness and maintain discipline for consistent success.
Upcoming Focus: Money Management
Before diving into trade examples, let's discuss the essential aspect of money management, crucial for long-term trading success.