Strategy Concept: This strategy identifies Marubozu candles on a tick chart (customizable pip size) with high volume to signal strong market momentum.
Bearish Marubozu → Strong selling pressure → Enter a SELL trade Bullish Marubozu → Strong buying pressure → Enter a BUY trade Entry Conditions: Marubozu Definition: Open price ≈ High for a bearish Marubozu (minimal wick at the top). Open price ≈ Low for a bullish Marubozu (minimal wick at the bottom). Customizable body size (in pips). High Volume Confirmation: The volume of the Marubozu candle must be above the moving average of volume (e.g., 20-period SMA). Trade Direction: Bearish Marubozu with High Volume → SELL Bullish Marubozu with High Volume → BUY Exit Conditions: Time-Based Expiry: Since it's for binary options, the trade duration is pre-defined (e.g., 1-minute expiry). Reversal Candle: If a strong opposite Marubozu appears, it may indicate a trend shift.