MathFx strategy with 5 minutes expiration for EURUSD, GBPUSD and USDCAD

The MathFx strategy is a trading system based on complex mathematical formulas, which was created in 2014 by a group of British programmers.

Subsequently, this trading robot has undergone many modifications, due to the constant volatility of the market, so a system of adaptation to market conditions was built into it, which, when used for a long time in the terminal, analyzes some market situations and does not give false signals to open a transaction.

To enter the market, the CCI, RSI and Momentum indicators are used here with non-standard settings that can be changed at the request of the trader.

If the user decides to change the values of certain indicators in the settings of this system, then this must be done with understanding and extreme caution, because, in case of an incorrect configuration, the indicator will give false signals to open trading positions.

System Setup

To get started, you need to install the Metatrader 4 terminal (it is recommended to use MT4 from this broker, his quotes are closer to the exchange ones, and this broker was not seen with manipulations):

Next, in the metatrader, you need to select the EURUSD currency pair and set the M5 timeframe.

Then, you need to select the FX Math EURUSD indicator, which is located in the MT4 Navigator window and install it in the terminal.

After that, red and blue arrows will appear on the quotes chart, which means signals to enter the market, as shown in the figure.

At the next stage, you will need to go to the binary options trading site and open an account so that you can make trading transactions.

How to trade?

In the binary options terminal, you need to open the EURUSD chart, and enter the expiration time of 15 minutes.

It remains just to wait for a trading signal to buy or sell in Metatrader 4 and, when the next bar on the chart opens, press the corresponding button in the terminal of the binary options website.

To further increase the reliability of the entire system, you can set the timeframe to 15 in MT4 and set the expiration time to 30 minutes with the BO broker.

Entry signals will be much less during the day, but they will be even more accurate. Also, during work, it is desirable to take into account the highs and lows of the asset price for the previous day.

If the readings on the chart are near these values, then it is better to wait for a rollback or breaking through these levels by 10-15 basis points, and only then, wait for a signal to enter the market and open a trading position.

To work on this system, you should choose the trading time from 9 am to 11 pm, but avoid making deals during the release of a large number of significant news or when there is high volatility in the market.

The strategy shows the best profitability results when working with EURUSD, GBPUSD and USDCAD.

Also, as trading instruments, you can choose other liquid currency pairs, but make sure that on the chart, the price of these assets shows a stable trend in one direction.

At night, during a flat, it is not recommended to use the strategy, but sometimes, during the Pacific session, some currency pairs demonstrate a steady movement in one direction, and this can bring significant income when trading at night.

When concluding transactions, it is important to observe safe risk management, therefore the volume of the established trading position should be minimal and not more than 5% from the deposit on the account with the broker.

For any trader who wants to succeed in trading on these sites, this system will become a serious helper, because it can be used both as an independent strategy and as a confirmation of the signals of other trading systems.

Trading recommendations

Trading pairs: preferred EURUSD, GBPUSD and USDCAD;

Working timeframe: from M5, M15;

Expiration: 2-3 candles;

Time to trade: from 9:00 to 23:00 Moscow time, except for the release of important news;

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Template + indicators

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