The Lunch Time Indices MOBO strategy is a great one for the Nadex platform, for use on:
WallStreet
USTech100
US500
USSmallCap
I personally use TOS (Think Or Swim) as my charting platform and the only indicator I use is the MOBO Basic
Rules:
Load a 15 minute chart and add the MOBO Basic indicator
Look at the 11amEST – 12pmEST
Which direction is the MOBO last displaying?
- If it is displaying Green, then you will be looking to BUY the 1pmEST
- If it is displaying Red, then you will be looking to SELL the 1pmEST
Login to the Nadex platform and look at the 1pm strikes
If the MOBO was displaying a BUY position, then enter a WO (Working Order) at the closest strike at or below the low (support) of the 11am – 12pm timeframe
If the MOBO was displaying a SELL position, then enter a WO at the closest strike at or above the high (resistance) of the 11am – 12pm timeframe
VIDEO – password is slicktrade
Examples:
