5 M chart Envelopes, Pivots points, Support and resistance Binary Options Strategy 75% ITM
Channel: My Frenchy Trader
Date: 24/07/2018

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5 M chart Envelopes, Pivots points, Support and resistance Binary Options Strategy 75% ITM https://youtu.be/8Sdtd7ijQYY

15 Minits chart best Forex Scalping using  Envelopes, Pivots points, Support and resistance Strategy https://youtu.be/ICNJvTrMQUA

Envelopes Pivots points Strategy
Hi Today I will explain to you a strategy  that we collaborated with one of my member to setup for binary options 
I present the strategy for the 5Minit chart but the 15M is also a good choice little more accurate but with lower amount of opportunities
We will use 4 Elements in this strategy:
- Envelopes: the indicator is in all mt4 platforms the setting for the 5M chart is 0.06  as a deviation but should be adjusted to fit the pair you currently trade when I say fit I mean the band should engulf only the spikes and already have by itself a good win rate for a 1 candle reversion on the past chart
- 2nd indicator is a 25Period EMA this will tell you the trend
- 3rd is a pivot points indicator, it is set to 1H candle when we trade 5M chart
- The last indicator I placed is an automatic Support and resistance Indicator one of the best I have found I let the default settings on it
- By the way all the indicators and template can be downloaded from the link below the video
If you use the 15M chart you will need to change some settings :
- The envelopes deviation should be around 0.1
- The Pivot point should be from the 4Hour Candle
- All the other indicators stays the same
How works the Strategy
- 1/ Follow the direction of the EMA:
o If the EMA goes up you will make a call only
o If the EMA goes down you will make a put only
- 2/ Wait for the price to be outside the bands of the envelopes
- 3/ 1st entry type agressive Enter at the Pivot Point or Support n Resitance outside the band when it touch
o 2nd conservative type wait for the price to hit the level than create and close with a good size wick enter at the end of the candle
- 4/ Expiry will be the end of the candle after the one that touched the level 
Money Management allways use 2% of your account size maximum 

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