REBEL SPIRIT TRADING SYSTEM

Overview of the Rebel Spirit System

The "Rebel Spirit" trading system is designed for short-term binary options trading. It emphasizes a clear, systematic approach to entering and exiting trades, using a set of predefined indicators and chart setups. The guide provides a step-by-step method for setting up the system on the MT4 platform, interpreting signals, and executing trades efficiently. The system aims to achieve high success rates by using specific indicators and chart patterns, and it requires traders to practice and familiarize themselves with the strategy to maximize its effectiveness.

Buy Rules

1. Alert and Signal Identification

  • Look for an alert and the yellow circled arrow signal at the opening of a blue candle.
  • Ensure that the wick of this candle touches or almost touches the 0.0 Fib line.

2. Cross-hair Placement and Indicator Check

  • Place the cross-hairs on the alert candle.
  • Check the bottom window indicator (a modified futuristic indicator).
  • Look for a short lime vertical line and an aqua line representing future candles.
  • Ensure the red line has crossed the blue line and is heading up for the next two future candles.

3. Trade Execution

  • Aim to enter at the very beginning of the alert candle.
  • Place three trades simultaneously: 60 sec, 90 sec, and 180 sec trades.
  • Monitor multiple currency pairs like EUR/USD, AUD/USD, EUR/JPY, USD/JPY, and sometimes GBP/USD.
  • Prefer trading from just before the Tokyo session opens to about three hours after.

4. Trading Plan

  • Set a goal for the session and avoid trading endlessly.
  • Follow the strategy consistently and avoid over-trading.

Sell Rules

1. Alert and Signal Identification

  • Look for an alert and the yellow circled arrow signal at the opening of a red candle.
  • Ensure that the wick of this candle touches or almost touches the 0.0 Fib line.

2. Cross-hair Placement and Indicator Check

  • Place the cross-hairs on the alert candle.
  • Check the bottom window indicator.
  • Look for a short lime vertical line and an aqua line representing future candles.
  • Ensure the red line has crossed the blue line and is heading down for the next two future candles.

3. Trade Execution

  • Aim to enter at the very beginning of the alert candle.
  • Place three trades simultaneously: 60 sec, 90 sec, and 180 sec trades.
  • Monitor the same currency pairs as with the buy rules.

4. Trading Plan

  • Set a session goal and stick to it.
  • Avoid over-trading and follow the strategy consistently.

Additional Notes

  • The system emphasizes waiting for confirmation from both indicators before entering a trade.
  • Managing the trade by taking partial profits and adjusting the stop loss is crucial for minimizing risk and maximizing potential gains.
  • The system has specific criteria for entering and managing trades to ensure consistency and discipline in trading.