Da Vinci BO Indicator - universal tool for binary options
Da Vinci BO Indicator is designed to trade binary options on the M1-M15 timeframes. The indicator is based on standard indicators from the Metatrader 4, one of which is a signal, and the other two are filters (read more below). This combination is most successfully and very often used in various trading systems. Here, this combination is embodied in one indicator.
Characteristics of the Da Vinci BO Indicator
Platform: Metatrader4
Currency pairs: Any currency pairs, recommended major
Trading Time: London and New York trading sessions
Time Frame: M1-M15
Expiry: 1 candle (example, 5 minutes for M5)
Recommended broker: IQOption, Deriv, Binomo
Trading rules
Da Vinci Indicator is based on three standard indicators (BB, CCI and RSI). And it gives a signal while observing three conditions, following the logic of the developer:
The price crossed the upper (or lower) border of the BB indicator (14; 2)
CCI indicator (14; 0) above level 200 (or below level -200)
The RSI indicator (14; 0) crossed level 70 (or level 30):
da-vinci-indicators
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