5 minute binary options using bollinger bands and trend indicator
No need to sign up with any broker, no need to enter […]. While we go haywire finding a reliable trading system, we tend to miss out on the obvious. Three indicators strategy ensures high potential profits as it produces exact entry signals confirmed by 3 indicators.
Moreover, it can be used with all sorts of currency pairs. This strategy that works is based on three most popular […]. It uses inputs from all available indicators in all configurations and even calculates signal effectiveness from historical data.
These are drawn automatically and we only need to pay attention when an arrow appears. How to setup the chart Timeframe: You may have seen this indicator before as it is usually a part of more complex strategies.
Nithoos strategy was created by trader with more than 3-year experience in binary option trade. It is based on Price Action but uses also technical indicators. Doubles strategy uses Bollinger bands which you may know already. Additionally, it also uses the MACD indicator which is suitable for binary option trade.
And how do these indicator get along? How to set up the chart Timeframe: How do you do that: If the channel has been tight for quite some time and then you see the break out, look if the indicator starts widening. That strategy better works on period Bollinger Bands with the deviation of 2. Depending on the volatility it is better to use with longer trades from 15 minutes. That strategy gives you an opportunity to profit on small price movements. Then confirm the trend before entering a deal.
Wait for the next candle to close in green and then enter a Call deal. That strategy better suits Short term deals as movements are quite fast. We recommend you to first test that strategy on the Demo platform before moving to Real trading. Period 20, Deviation 2 2nd Bollinger Bands: Period 20, Deviation 1.
Notice, that you set similar Period value and different Deviations. When to open a Call deal: