This is a rework of one of Chris Moody's EMA scripts, but made useful for binary options trading. The color of the indicator is the direction of the trade you should take immediately after the bar closes. This is ideal for 5 minute charts. Overlays are based on EMA crossovers. This is dead simple - green overlay = CALL, red overlay = PUT.
Is it possible to remove the medium EMA and make this script a traditional EMA Crossover with a fast and slow EMA? I have been searching for an EMA Crossover with a colour alert but I am yet to find one. Thank You.
Hello did you hear about the strategy "la mosca" is for metatrader is so awesome is for 30 or 60 seconds works better on 30 but i disigned on tradingview chart but i dont know how to share it.
timj
⋅
Uh....Probably save it as a script? I can try to help
Hello man thanks for share this, this strategy is prfitable for you? im trading on demo with this and looks good theres some tip you wanna share thanks in advance.
timj
⋅
Rogelio - it is profitable but I haven't had as much time to use it lately - basically, I wait for the candle w/ the green/red to close and the next one to open then I make the trade for a 5 minute expiry. If it loses I either Martingale or wait until the next trade.