Verification result of entering after repeatedly being tested on the support-turned-resistance break - Riding the FX waves - Navi+ - GogoJungle | Auto Trading - Market Analysis

Hello!

I am Satori, researching Binary & FX.

Today I will deliver the results of a test on entering after repeatedly breaking the lower support line.

The figure below is a chart showing an entry after the EURUSD 15-minute chart broke the lower support line.

EURUSD_M15

http://livedoor.blogimg.jp/fxmt4indicator/imgs/c/9/c9f75286.gif

In the above figure, after testing the pink lower support line three times, if you enter on the next candle after the fourth test when a gap opens and it breaks, in Binary 15-minute trading there were 14 wins and 3 losses, and in FX +45 pips.

The binary entry stop or FX settlement point is where the Band 2 standard deviation is broken at the opening price after the band walk has ended.

This is a case where the lower support line, extracted from the transition from a Bollinger Band squeeze to expansion, remained effective.

The indicators and EAs related to today’s article are as follows.

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MT4 Non-repainting Arrow and Email Alert N-shaped Entry Indicator

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Displays N and inverted N-shaped arrows that do not repaint, with email alerts!

Clear highs and lows in Dow Theory and Elliott Wave concepts!

Compatible with all currencies from 1-minute to weekly charts!

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MT4 Reversal Scenario RSI Bands Indicator & Separate EA Currently 8-currency set

http://fxmt4indicator.abproducts.biz/wp/?page_id=1554

Now supports 8 currencies! Following reverse-entry scenarios with RSI and Bollinger Bands

Indicator displays signals, emails, and alerts!