Strategy ToWave is designed for profitable trade on binary options HIGH/LOW. To use this strategy you need Metatrader 4 and two indicators: ToWave indicator and TREND-MA.
Strategy may be used with all currency pairs on 5/15 minute timeframe(M5/M15 timeframe). Trade time period: 9:00-19:00.
The principle of the strategy
The indicator TREND-MA draws support/resistance lines. The indicator ToWave uses Elliot theory base. Look on price changes, ToWave builds extremums('resistance points'), fractals (significant point of trend), forms М30-trend direction signals (trend on М30 timeframe). You must build M5-trend using fractals. Option opens when М5-trend is broken (crossed) and support line of TREND-MA is crossed. The direction of breakthrough must be in other direction than last direction of М30-trend. The experation time - plus 30 minutes from trade beggining.