so do i enter a trade whenever a red or green arrow follows the cyan arrow or whenever a new tick is made in the direction of the trend catcher? also is the binary tc3 template only for 5 minute binaries?
If you are trading the trend catcher flips then you will want to enter when you see the red or green arrow as that will be a confirmed flip. A red arrow will plot when it has moved one tick below the low of the bar that has the cyan arrow for a sell or and a green arrow will plot when it moves one tick above the high of the bar that has the cyan arrow for a buy.
The binary tc3tick template works really well for the 20 minute binaries. The expected range would need to be changed to a 20 minute period and the bar size to 6 ticks.
Yes on flips when you see the red green arrow.
But you make like the inbetween flips better.
See this thread for some tips:
