1: SETTINGS
Bollinger Bands: Period - 6 / Deviation – 2
RSI: Period – 10 / Overbought – 73 / Oversold – 23
EMA: Period – 100
CCI: Period -14 / Overbought 200
Candle timeframe: 30 seconds
Expiration time: 1 minute Turbo (if indicators are set as explained here)
2: RULES
Call Option:
Once the red candle touches the LOWER Bollinger Band (1) and the RSI is in OVERSOLD (2)
and the bands are in OPPOSITE directions (3) also CCi must be on OVERSOLD (4) wait for
the candle to end before enter the option, just like 2 or 3 secs before (5).
Put Option:
Once the green candle touches the UPPER Bollinger Band (1) and the RSI is in
OVERBOUGHT (2) and the bands are in OPPOSITE directions (3) also CCi must be on
OVERBOUGHT (4) wait for the candle to end before enter the option, just like 2 or 3 secs
before (5).
When NOT to trade:
If the candle crosses the EMA indicator is not good idea for enter the trade because it may
take more than 3 trades to win the investment. 1 minute expiration requires 3 candles of
30 seconds to win the trade (B) if you enter the option at second 33 (A) if you enter the
trade at second 03 then it must be at the end of the 2 nd candle. This calculation must be
taken in consideration before any trade.