KIMBO Indicator and Strategy

Highlights

📊 Binary Options market

💻 MetaTrader 4

🔓 Unlimited

🖍 Non-repainting

♻️ All Assets (tested on 8 pairs)

⏰ All Timeframes (tested on M5 with expiry 5 min)

🤖 Set this strategy to auto-pilot with iBOTxBO Pro

Description

Non-Repainting Indicator KIMBO is a part of the trading strategy which employs reversal trading approach and consists of two indicators: non repaint arrow indicator and Fibonacci levels. Tested with impressive results for 3-month period.

Entry Rules

This is a reversal trading strategy, so the signal for buy trade will be, when we get a KIMBO up arrow, and that candle breaks out FIBO level. We enter the next bar for 5 minutes. The expiry is 1 candle.

Similarly for sell trade. When we get a down arrow, and the bar breaks out FIBO level, we take a sell trade on next bar for 5 minutes.

Indicator Test Result

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