Fractals with MACD is a classic forex strategy , based on fractals of Bill Williams. The old strategy is based on fractals and ADX, I changed ADX with MACD. This strategy works on all time frame and you can apply also for trading with Binary options high/low.
Expiry time for Binary options 1-2 candles.
Time frame 1 min or higher. My prefered time frame for day trading is 30 min.
MACD (12, 26, 9) for time frame 1 and 5 min, for higher time frame Macd setting is ( 7,18,9).
Stochastic oscillator (13, 5, 4), as momentum filter for best timing for entry.
When appears a down arrow fractal, enter buy.
Place stops 5 pips or more depends by time frame and pairs below the low of the Fractal candle.
When appears a up arrow fractal, enter sell.
For a more aggressive approach you can only use the slow stochastic as a filter.
In the pictures Fractals with MACD Strategy in action.