The Binary Breaker System is an MT4 trend trading system that delivers super trend-following signals for forex day traders. It comes with some of the finest Metatrader indicators, which are pretty simple to use and very handy in determining trend conditions.
Instead of regular price candles, this system applies Binary Breaker Lines to smooth out the price actions. It gives you an actual scenario of the changes in price-actions. On the other hand, the BB Alert Arrow indicates whenever the price hits an overbought or oversold zone. This indicator determines the possible price swing areas.
Moreover, you’ll find BB Trigger at the bottom of the chart that examines the trend-reversal signals delivered by the system.
Buy Signal Generation with Binary Breaker System
The Binary Breaker System guides you in buying from the bottom and selling from the top of a price wave. For longs, make sure the system plots a BB Alert Arrow below the price candle pointing upwards.
Next, The Binary Breaker Lines need to be blue to confirm the bullish price momentum. Finally, activate a buy order when the yellow line of the BB Trigger moves above the red line.
Sell Signal Generation with Binary Breaker System
Prepare for a sell entry when the BB Alert Arrow appears above the price candle signaling an overbought market condition. The Binary Breaker Lines need to turn red confirming the price is respecting the overbought zone as a resistance.
At last, trigger short when the yellow line of the BB Trigger drops below the red line.
Trade With: Exness Broker
The Binary Breaker System brings great simplicity in trading for forex day traders and scalpers. It suits all Metatrader 4 timeframes but works great on 5 and 15-minute charts.
Besides forex, you can also apply this MT4 strategy for trading stocks, cryptocurrencies, and commodities. According to our review, the Binary Breaker System is a good match for novice traders.