Binary Divergence Boom is a technical indicator for binary option strategies based on Bollinger Bands (BB) which is a volatility indicator
Time Frame : 30 min or higher.
Markets : Forex, Indicies, Commodities.
Expiry Time : For Binary Options High/Low expiry time 4-6 candles.
Bollinger Bands divergence
Cloud: setting 250 for 30min and H1 time frame.
ADR 1 ( optional for intraday trading),
Bollinger Bands divergence indicator,
RSI filter (4 period).
Binary Divergence Boom.tpl
Rules Binary Divergence Boom :
the small circle appears in the lower band and the price is in the green zone of the cloud;
first blue bar of rsi filter.
the small circle appears in the upper band and the price is in the red zone of the cloud;
first red bar of rsi filter.
Note : this binary template work good in trending market.
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