60s Binary Extreme Nemesis
60s Binary Extreme Nemesis
The system performs best in M1 and 5M timeframes.
Setup:
- Open the M1 timeframe in MT4.
- Apply the 60s BEN template to any currency pair.
Trading Rules:
Buy Signal:
- RSI closes below 10
- MFI is at 0
- DeMark is at 0
Sell Signal:
- RSI closes above 90
- MFI is at 100
- DeMark is at 1
Important Note: Always execute a put or call at the open of the next candle!
By following these straightforward rules, you can leverage the system's strengths in short-term trading. Happy trading!