Binary options

  • Binary Options: a little about the Greeks

    To assess the potential risks and possible rewards of options, the following are used sensitivity indicatorswhich is commonly referred to as greeks. When using vanilla options, one does not only refer to the five well-known Greeks, but also delves into more complex matters related to determining the risk measure of option contracts. With binary (numerical) options The case for sensitivity assessment is both more complicated and simpler.

    Other articles of the Binary Options Master Class

    Binary options: the math is still the same

    The difficulties are due to the fact that the math of binary options is understandable and easy to calculate using well-known models only for European options. However, European binary options are less interesting in terms of investment attractiveness compared to American binary options. The reason is obvious, - American binary will be executed the instant the underlying asset reaches the barrier (strike prices). Whereas holders of European binary options under the same circumstances must remain in the position until the option expires if they intend to maximize the value of the contract payout.

    At the same time, the models for estimating the value of American binary options, although they exist, are rather difficult to understand and to use them in calculation tasks. In addition, research in the field of solving the problem of calculating the price (and Greeks) of binary options has not yet resulted in a clearly acceptable model. The fact that in practice banks often use their own developments, which are usually closed, also adds to the complexity.

    The most important Greek of binaries is delta

    At the same time, however, there is some good news. In fact. For binary options, almost all the main sensitivity indicators (gamma, theta, vega, ro) are of little importance. At any rate, their effect on the option price is so small compared to the deltathat the use of Greeks becomes meaningless. At least to the extent that it is practiced with vanilla options. The exception is when managing large option portfolios, which individual investors usually do not deal with.

    The delta profile of binary options is identical to that of vanilla options with the same strike as the barrier of the binary option (see Figure 1), simply because the return profile of the binary option is the delta of the corresponding vanilla option (with the same strike as the barrier). And since the gamma of the vanilla option is a private derivative of the delta on the underlying asset, we get this identity (delta of binary = gamma of vanilla option).

    Figure 1. Delta of the European binary 1.31-call option on EURUSD.
    Figure 1. Delta of the European binary 1.31-call option on EURUSD.

    Profile of an American Binary (say, tangent, or one-touch) has the same shape with a slightly higher expression when approaching the option strike price (1.31 from the example above). And, of course, at any time to expiration, the profile of the "American" will tend to the delta of the European binary at the option expiration date (red line in Fig. 1). It is also natural that the right side of the delta of the American binary (above the strike price) will simply not exist, because when the barrier is reached, this option will be immediately exercised (see Fig. 2).

    Figure 2. Delta of American vs. European binary options (one touch) on EURUSD with a barrier of 1.31.
    Figure 2. Delta of American vs. European binary options (one touch) on EURUSD with a barrier of 1.31.

    Moreover, the final segment of the path to the barrier for the American binary is extremely difficult to accurately calculate. And it is unnecessary. Since in close proximity to the barrier, market makers prefer to close options trading (in any case, this is what Saxo Bank does). Therefore, if your binary is a few points away from the barrier, you will not be able to close the position if you want to. Either you have to hope for an option execution or wait for a pullback from the barrier level.

    Of course, sometimes it makes sense to consider also theta (sensitivity to time to expiration), and vega (sensitivity by volatility). However, it should be noted: the volatility of an option directly affects the probability of reaching the barrier that we are actually trading the option. Therefore, as they say, everything is already in the prices.

    As for the theta, it can also be said that its importance for a binary trader is of very little significance if it is a simple speculation. A much more important role is played by another circumstance. Namely, whether or not we have managed to guess for the time period in which the option will be alive, whether or not the underlying asset will reach the binary barrier.

    Mikhail Chekulaev, author of the book "Financial Options." with the support of Saxo Bank

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  • Binary Options - how much is opium for the people?

    Binary optionsBinary options the instrument for investors is quite new. The practice is not settled. The mathematics, however, is not either. Therefore, there is a truly mythological atmosphere around these derivative financial instruments, which cannot but alarm inquisitive minds of traders. In fact, everything is much simpler. A binary option is the same financial instrument as a traditional option contract. It is just that binary has a number of features and differences.

    Other articles about options:

    Binary options - almost familiar to traders

    Recently, investors have started to use binary options more and more often in their operations in the financial markets. This is quite unusual, as these derivatives are exotic option contracts that cannot even be identified due to their colorful individuality. As a result exotic options are defined simply as all those that are not vanilla options (standardized option contracts traditionally traded on exchanges, as well as on the FOREX market).

    However, even this definition is gradually becoming archaic. Since 2008, the Chicago Board Options Exchange (CBOE) has been offering binary options, which are a classic example of an European-style all-or-nothing options, began trading on the S&P 500 index, as well as on the index volatility VIX. To all appearances, these are only the "first swallows". We can expect that over time the range of binary options admitted to exchange trading will inexorably expand, as these derivatives have certain capabilities that vanilla options do not and cannot have.

    These features are most prominently and vividly manifested in the American style binary options execution, which are currently actively used on OTC financial markets. First of all, on the currency market. Let me remind you that - American style of exercise involves exercising the option at any time prior to the expiration date of the option contract. While European style option is exercisable only on the expiration date of the contract. This circumstance (execution at any point in time) gives American binary options a significant expressiveness, expressed in the rapid dynamics of change in the value of the option depending on price shifts in the underlying asset that underlies the option.

    Binary options math: is it necessary?

    The math of binary options is quite complex compared to vanilla option valuation models. Therefore, it is extremely difficult to understand this analysis apparatus without knowledge of higher mathematics. However, whether investors intending to trade binary options need it is rather a philosophical question. Since all the practice persistently says that Knowing the math of binary options (as well as any other options) is not a prerequisite for successful work with them. Nevertheless, there are still some things to know.

    The foundation of understanding the behavior of any options relates to the ability to read the so-called yield profiles. They are constructed as a relationship between the value of an option contract and the underlying asset or other factor that influences the option price. American-style binary options are simple in this respect. Their yield profile is uncomplicated and does not need any explanations (see Fig.1). The only thing that should be noted: binary options return profile is identical to that of the so-called delta of vanilla options of the same strike price as binary options, where the strike price often also appears as a barrier.

    Figure 1. Yield profile of the American binary one touch (one touch)
    Figure 1. Yield profile of the American binary one touch (one touch)

    The three pillars of binary options success

    In the overwhelming number of cases, the change in the value of an option depends precisely on the delta, which makes it possible to measure the rate of increase in the price of an option contract depending on the price fluctuations of the underlying asset. For vanilla options, this indicator ranges from 0 to 100%. While binars can have deltas of thousands of percent.. This fact is an extremely important difference between binary and vanilla options. So much so that traders brought up on stock options are shocked when they first come into contact with binary options (see Figure 2).

    Figure 2. Binary options delta - unthinkable indicators for vanilla options (SaxoTrader trading platform, Saxo Bank).
    Figure 2. Binary options delta - unthinkable indicators for vanilla options (SaxoTrader trading platform, Saxo Bank).

    Along the way, going a little deeper into the wilds, we note the following. The difference between the delta of binary contracts and that of vanilla options is the result of the fact that the delta of binary contracts is identical to that of vanilla options, which is often regarded only as a sensitivity indicator of secondary importance. To say the same about binary, of course, is simply not possible.

    Another crucial aspect is related to the fact that binary options have a much lower theta compared to vanilla options (theta is an indicator characterizing the rate of time decay of the option value). For example, such relatively short-lived binary options as one-month contracts on the currency cross rate have a theta half as low as that of a vanilla option with a strike price equal to the binary contract barrier. In other words, all other things being equal, including in terms of position risk management, the use of binars is likely to be more profitable than the use of vanilla options.

    Actually, these two circumstances are the main arguments in favor of using binars as a worthy alternative to the use of traditional vanilla options.

    True, there is another extremely important argument in favor of binary options. It has to do with the fact that it is impossible to lose more than a known amount of money when trading binars. Even when it comes to selling binary options. Since binars are always paired with mirrored contract performance conditions. For example, a long tangent binary (one touch) is identical to a short underdog (no touch). And a short tangent is identical to a long position in a non-touch (see Fig. 3).

    This, alas, cannot be said about vanilla options when it comes to risk-adjusted short positions in options. It is no coincidence that there is a saying among traders: never sell your mother, motherland and options.

    Figure 3. Equivalence of American style binary options (SaxoTrader trading platform, Saxo Bank).
    Figure 3. Equivalence of American style binary options (SaxoTrader trading platform, Saxo Bank).

    The article was prepared by Mikhail Chekulaev, author of the book "Financial Options." with the support of Saxo Bank

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  • What do they say about binary options broker?

    Binary options have long since ceased to be exotic and have firmly won their "place under the sun". In just a couple of minutes a trader has the opportunity to earn up to 95% of the invested amount. But in order for trading to be profitable and comfortable, it is necessary to choose a suitable broker.

    You may ask - how is this easiest to do? And we have the answer to that question! Rating of binary options brokers: when everything has already been done for the trader. As in any other business, you should not invent a bicycle, but find a suitable rating, thus saving yourself the agony of a long and monotonous search. 

    However, not all ratings "taste the same". After all, you can simply write out the names of all the companies found in Google on the query "binary options trading" and call the resulting list a rating. Will it be possible to rely on it when choosing a broker? Hardly...

    It is better to use quality ratings, where a description of each company is provided, as well as the main parameters of trade, from which the assessment is formed and, in fact, the place in the list.

    Key features include:

    • minimum amount for the trading deposit;
    • maximizing the profitability of a successful transaction;
    • minimum transaction volume;
    • number of assets for trading.

    This set of characteristics is variable and in each binary options brokers rating can be different. However, even these four key parameters already give room for choice.

    For example, most traders, first of all, will certainly pay attention to the minimum deposit size. The smaller this indicator is, the more points the company will score in the conditional "Attractiveness" column.

    It is the same with the maximum profitability. Hardly anyone would want to get 80% of income from a profitable deal, when at another broker, under similar conditions, you can get all 95%.

    "Proven Broker" is the best rating on the BO market

    Having selected a couple or three suitable companies by key parameters, you can move on to a more in-depth study of them: 

    • For active traders, the availability of web applications for mobile devices will be an additional attraction.
    • For those practicing automated trading, a "plus" will be the possibility of using trading robots.
    • The availability and size of welcome bonuses, other promotional offers and tariffs will also put the company providing them in a favorable position. 

    As you understand, this list is far from complete - it is possible to compare binary options brokers for a very long time. But is it necessary, when this work has already been done in good faith - the companies are ranked according to the ratings received, and the trader only has to choose?

    And, perhaps, the most important question not only for a beginner, but also for an experienced trader - are there any problems with profit withdrawal? The authors of quality ratings do not ignore this issue, and in practice check the withdrawal of money from the trading deposit. Companies that have passed such a check can be given the additional rating "Verified Broker".

    Reviews about binary options broker - the final stroke on the picture of choice

    Can the comparison of the characteristics of binary options brokers in the rating be considered a complete picture, after which you can proceed to the choice? Of course not. The main "highlight" of the evaluation of each company is its reviews.

    Agree, it is difficult to determine, for example, which of the two cars is better, comparing only their characteristics, because many features can be learned only in practice. The best way would be to get the opinions of the owners of these cars to learn about the nuances. 

    If you set yourself a goal, you can find reviews of anything on the Internet and, to be fair, it is worth saying, any kind of reviews. So, find traders' forums, blogs and other information sites and on them look for sections with reviews of the chosen company. 

    Reading all reviews is effective, but long and tedious. To exclude "long and tedious" and leave only "effective", let's return to the rating of BO brokers. If the evaluation list is really qualitative, it contains not only actual trading conditions, but also real reviews of traders who use the services of these companies.

    For example, let's see Pocket Option reviewswhich is in the top 3 of the rating. To the company's credit, there are no negative comments about it, although some users who have just started trading have some concerns about bonuses and withdrawal of funds.

    The majority of reviews correspond to the "Proven" rating given to Pocket Option by binary options brokers rating compilers. Traders confirm that the company withdraws profits without problems in the shortest possible time.

    In addition, users consider the advanced trading platform with a user-friendly interface, the availability of its web versions, the absence of problems with quotes, as well as a high rate of return on successful transactions to be the company's advantages. An additional advantage for many clients is the possibility to trade using cryptocurrencies. 

    A separate line is worth mentioning the reviews about the loyalty of the client support of the Pocket Option broker, which is especially important for traders starting out on the BO market. Beginners also like the small size of the initial trading deposit.

    Should you trust the reviews you read? 

    If we believe the statistics, only 15% of them are the real response of traders. The rest 85% are either blatantly "paid" or written in a state of emotional outburst, usually negative. 

    Let's be honest, people are so organized that they tend to attribute successes solely to their own talents, and blame the broker for failures. Therefore, having met a negative review, you can be sure that in 99 cases out of 100 the trader lost money on his own, and is now "looking for an extreme person".

    Of course, there are also justified negatives, but, as a rule, a good broker, who values its clients, solves disputable moments in favor of the trader.

    The same goes for "paid" reviews. Recognizing them is very easy - it's like eating overly salted food - you can feel that something is obviously wrong. It is hardly worth trusting opinions with this level of adequacy.

    Nevertheless, objective reviews and quality ratings of binary options brokers do not lose their relevance, remaining, at the moment, the most effective tool for choosing the right company. 

  • Trading strategy for binary options 1 min Binary Secret

    Trading strategy for binary options 1 min Binary Secret is based on a combination of only two indicators, one of which, Binary secret, generates trading signals, and the second, Precision Trend Histo, filters them.

    Input parameters

    • Currency pairs: any
    • Expiration time: 10 candles for M1
    • Trading Hours: 9:00 - 20:00 GMT
    • Risk management: choose this volume optionto risk no more than 2-5% of the deposit per transaction

    Used indicators

    • Precision Trend Histo (period 30, sensitivity 2.5)
    • Binary secret indicator (default settings)
    • Candle Time

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Set the template with the name 1 min BS

    The schedule should look like this:

    Trading strategy for binary options 1 min Binary Secret
    Template trading strategy 1 min Binary Secret

    Signals indicating the purchase of a Call option

    • a green up arrow appears;
    • at the same time, the bar of the Precision Trend Histo indicator is green;
    • entry into the position - at the opening of the next candle.
    Trading strategy for binary options 1 min Binary Secret
    Example of Buying a Call Option

    Signals indicating the purchase of a Put option

    • A red down arrow appeared;
    • at the same time, the bar of the Precision Trend Histo indicator is red;
    • entry into the position - at the opening of the next candle.
    Trading strategy for binary options 1 min Binary Secret
    Example of buying a Put option

    Despite the simplicity, the strategy 1 min Binary Secret looks quite effective and promising.

    Before using trading strategy for binary options 1 min Binary Secret on a real deposit, we recommend that you test it on demo account.

    Download template and indicators of the strategy 1 min Binary Secret

    Other profitable trading strategies for binary options

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  • Fast EMA Crossover Trading Strategy for Binary Options, Scalping and Daytrading

    Fast EMA Crossover Trading Strategy is intended for trade binary optionsbut can also be used for scalping and intraday trading. It is based on EMA moving average crossings with Stochastic, ADX and Koral as filters.

    Input parameters

    • Currency pairs: any (for scalping - with low spread)
    • Expiry time: 5 candles for M1, 2-3 candles for M5
    • Bidding time: any
    • Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade

    Used indicators

    • Coral (R period 20, LSMA period 20)
    • Support and Resistance Barry
    • Ultimate Trend signal (ADX 14)
    • E 60 (fast EMA 4, slow EMA 8)
    • Binary Stochastic (5, 5.5)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named Fast EMA Crossover

    The schedule should look like this:

    Fast EMA Crossover Strategy for Binary Options, Scalping and Daytrading
    Fast EMA Crossover Trading Strategy Template

    Signals indicating the purchase of a Call option (opening a Buy position)

    • a green up arrow appears;
    • a dot of blue appeared;
    • The color of the moving averages has changed from red to blue;
    • The green line of the Binary Stochastic indicator has crossed the red line from the bottom up;
    • the price pushed up from levels of support.
    Fast EMA Crossover Strategy for Binary Options, Scalping and Daytrading
    Example of Buying a Call Option (Entry into a Buy Position)

    Signals indicating the purchase of a Put option (opening a sell position)

    • a red down arrow appeared;
    • a dot of red appeared;
    • The color of the moving averages has changed from blue to red;
    • The green line of the Binary Stochastic indicator has crossed the red line from top to bottom;
    • the price has pushed down from resistance level.
    Fast EMA Crossover Strategy for Binary Options, Scalping and Daytrading
    Example of Buying a Put Option (Entry into a Sell Position)

    Setting Stop Loss and Take Profit in Scalping

    • stop loss is set above/below the previous local maximum or minimum;
    • Take Profit is set at a minimum ratio of 1 to 1 with a stop loss. It is allowed to close the position at the support/resistance level crossing or when the signal appears in the opposite direction.

    Before using Fast EMA Crossover trading strategy for binary options, scalping and intraday trading on a real deposit, we recommend to test it on demo account.

    Download Fast EMA Crossover Strategy Template and Indicators

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  • Sixty Second Trades Alert MTF TT Arrow Indicator for Binary Options

    Sixty Second Trades Alert MTF TT Arrow Indicator - is a modification of a very popular indicator for trading binary options "60 seconds"known as Sixty Second Trades and Six Second Trades.

    Sixty Second Trades Alert MTF TT Arrow Indicator for Binary Options
    Sixty Second Trades Alert MTF TT Arrow Indicator for Binary Options

    The Sixty Second Trades Alert MTF TT indicator is optimized by the already well-known on the traders forum forexsystemsru.com Tankk, the author of profitable trading indicators. Additional settings were added to the indicator, MTF modeThe system of alerts when a trading signal appears, as well as the system of notifications.

    Sixty Second Trades Alert MTF TT Arrow Indicator for Binary Options
    Sixty Second Trades Alert MTF TT indicator

    Sixty Second Trades Alert MTF TT Arrow Indicator can be used very effectively for trading binary optionsand its parameters allow you to expand its scope of application.

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  • Binary Point Reversal trading strategy for binary options

    Binary Point Reversal trading strategy for binary options is based on the use of price reversal points to buy options. As an additional filter, the strategy can use a modified Stochastic indicator.

    Input parameters

    • Currency pairs: any, indices, commodities
    • Expiration time: 5 candles for M1, 3 candles for M5
    • Bidding time: any
    • Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade

    Used indicators

    • Candle Time indicator
    • Slope direction (5)
    • Super signal
    • Trend (200)
    • Reversal dot (3 zz semafor indicator)
    • Stochastic SMA (5,3,3 close)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Set a template named binary point reversal

    The schedule should look like this:

    Binary Point Reversal trading strategy for binary options
    Binary Point Reversal Trading Strategy Template

    Signals indicating the purchase of a Call option

    • near the lower boundary of the channel, a yellow dot and an up arrow were formed;
    • the Slope direction indicator line is white;
    • Stochastic SMA indicator line crosses the 20 level from bottom to top (optional).
    Binary Point Reversal trading strategy for binary options
    Example of Buying a Call Option

    Signals indicating the purchase of a Put option

    • near the upper boundary of the channel, a yellow dot and a down arrow were formed;
    • the Slope direction indicator line is red;
    • Stochastic SMA line crosses the 80 level from top to bottom (optional).
    Binary Point Reversal trading strategy for binary options
    Example of buying a Put option

    Additional use of the Stochastic SMA indicator makes trading more conservative - the number of entries will be reduced, but their accuracy will be higher than in aggressive trading.

    Before using Binary Point Reversal trading strategy on a real deposit, we recommend that you test it on demo account.

    Download Binary Point Reversal Strategy Template and Indicators

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    FTLM-STLM Scalping Evolution trading strategy for binary options and scalping

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    Trading strategy for binary options Snake Blood

  • FTLM-STLM Scalping Evolution trading strategy for binary options and scalping

    FTLM-STLM Scalping Evolution trading strategy is intended for trade binary options, but can be used to scalping.

    The main feature of the FTLM-STLM Scalping Evolution strategy is the reduced to a minimum lag trading signals, as well as a double filter that filters out false signals.

    Input parameters

    • Currency pairs: any (for scalping - with low spread)
    • Expiry time: 2-3 candles
    • Time frame (for scalping): М5
    • Bidding time: any
    • Risk management: choose the volume of the option (lot), so that the risk was no more than 2-5% of the deposit per trade

    Used indicators

    • FTLM-STML indicator
    • Speed arrow
    • Pivot Points Level

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named FTLM-STLM Scalping Evolution

    The schedule should look like this:

    FTLM-STLM Scalping Evolution trading strategy for binary options and scalping
    FTLM-STLM Scalping Evolution Trading Strategy Template

    Signals indicating the purchase of a Call option (opening a Buy position)

    • a yellow arrow upwards appeared;
    • heiken ashi bar in blue;
    • bar of the FTLM-STLM indicator is green.
    FTLM-STLM Scalping Evolution trading strategy for binary options and scalping
    Example of Buying a Call Option (Entry into a Buy Position)

    Signals indicating the purchase of a Put option (opening a sell position)

    • a blue down arrow appeared;
    • heiken ashi bar is yellow;
    • bar of the FTLM-STLM indicator is red.
    FTLM-STLM Scalping Evolution trading strategy for binary options and scalping
    Example of Buying a Put Option (Entry into a Sell Position)

    Setting Stop Loss and Take Profit in Scalping

    • stop loss is set above/below the previous local maximum or minimum;
    • Take Profit is set at a ratio of 1 to 1 with a stop loss or near the pivot level. It is allowed to close the position when the arrow appears in the opposite direction.

    Before using FTLM-STLM Scalping Evolution trading strategy for binary options and scalping on a real deposit, we recommend that you test it on demo account.

    Download FTLM-STLM Scalping Evolution Strategy Template and Indicators

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  • Viper Reversal trading strategy for binary options and scalping

    Viper Reversal trading strategy is focused on trade binary optionsbut can also be used to scalping. The strategy is based on buying an option when the price rebounds from support/resistance levels. It is recommended to open positions in the direction of the current trend.

    Input parameters

    • Currency pairs: any (for scalping - with low spread)
    • Expiration time: 3-5 candles
    • Time frame (for scalping): М1
    • Bidding time: any
    • Risk management: choose such a volume of option (lot), so that the risk was not more than 2-5% of the deposit on one transaction

    Used indicators

    • PL Clock Time
    • Session Open line
    • Daily open line
    • Moving Average (28, open)
    • Auto pivot levels
    • TMS 10EMA Dashboard
    • BO Triger (11)
    • Super Dem
    • Marco-Osma (13, 50, 13)
    • JMO V.5 Stochastic oscillator (20, 3, 3)
    • X Super trend (3.3)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named Viper Reversal

    The schedule should look like this:

    Viper Reversal Strategy for Binary Options and Scalping
    Viper Reversal Trading Strategy Template

    Signals indicating the purchase of a Call option (opening a Buy position)

    • TMS 10EMA Dashboard indicator shows an upward direction;
    • the price has pushed back from levels of support;
    • Moving Average line (28) below the line of yellow dots;
    • JMO V.5 Stochastic oscillator lines are crossed from bottom to top;
    • Marco-Osma indicator bar is green;
    • Supertrend indicator bar is green;
    • a white arrow upwards appeared.
    Viper Reversal Strategy for Binary Options and Scalping
    Example of Buying a Call Option (Entry into a Buy Position)

    Signals indicating the purchase of a Put option (opening a sell position)

    • TMS 10EMA Dashboard indicator shows a downward direction;
    • the price has pushed back from resistance level;
    • Moving Average line (28) above the line of yellow dots;
    • JMO V.5 Stochastic oscillator lines are crossed from top to bottom;
    • Marco-Osma indicator bar in red;
    • Supertrend indicator bar in red;
    • a white down arrow appeared.
    Viper Reversal Strategy for Binary Options and Scalping
    Example of Buying a Put Option (Entry into a Sell Position)

    Setting Stop Loss and Take Profit in Scalping

    • stop loss is set above/below the previous local maximum or minimum;
    • Take Profit is set at a ratio of 1 to 1 with a stop loss or near the next support/resistance level. It is allowed to close the position when the arrow appears in the opposite direction.

    The richness of the strategy with trading technical indicators, according to Fortrader experts, complicates its use by novice traders, so the strategy is best suited for traders who already have sufficient experience in trading.

    Before using Viper Reversal trading strategy for binary options and scalping on a real deposit, we recommend that you test it on demo account.

    Download Viper Reversal Strategy Template and Indicators

    Other profitable trading strategies for binary options

    Trading strategy for binary options Snake Blood

    60 seconds Profit Master trading strategy for binary options and scalping

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  • Trading strategy for binary options Snake Blood

    Snake Blood trading strategy for trade binary optionsThe system is based on the interaction of the three Heiken Ashi indicators and signal filtering by means of the Rsioma oscillator.

    The Snake Blood strategy involves two methods of opening positions:

    • aggressive: Rsioma oscillator signals are ignored;
    • conservative: Rsioma oscillator signals are taken into account.

    Input parameters

    • Currency pairs: any, indices, commodities
    • Expiration time: 3-5 minutes
    • Time frame: M1
    • Bidding time: any
    • Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade

    Used indicators

    • Heiken Ashi (1, 40, Medium).
    • Heiken Aschi (1, 5, Short).
    • Heiken Aschi (1, 188 Long).
    • Arrow with alert.
    • Rsioma pre-filtered nmc (RSI method 2, 25, speed 3)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named Snake Blood

    The schedule should look like this:

    Trading strategy for binary options Snake Blood
    Snake Blood trading strategy template

    Signals indicating the purchase of a Call option

    • bars of all three Heiken Ashi indicators are green;
    • Rsioma oscillator line in green (optional).
    Trading strategy for binary options Snake Blood
    Example of Buying a Call Option

    Signals indicating the purchase of a Put option

    • bars of all three indicators Heiken Ashi red;
    • Rsioma oscillator line in red (optional).
    Trading strategy for binary options Snake Blood
    Example of buying a Put option

    The aggressive method of buying options gives more trading signals, but it is likely that the number of losing trades may increase. With the conservative method, the number of losing trades will be minimal, but the number of signals will also decrease.

    Before using Snake Blood trading strategy on a real deposit, we recommend that you test it on demo account.

    Download Snake Blood strategy template and indicators

    Other profitable trading strategies for binary options

    60 seconds Profit Master trading strategy for binary options and scalping

    Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading

    Trading strategy for binary options Super Momentum Binary

  • 60 seconds Profit Master trading strategy for binary options and scalping

    60 seconds Profit Master trading strategy is intended for trade binary options "60 seconds"but can also be used for scalping.

    Input parameters

    • Currency pairs: any
    • Expiration time: 60 seconds
    • Timeframe (for scalping): M5-M15
    • Bidding time: any
    • Risk management: choose such a volume of option (lot), so that the risk was not more than 2-5% of the deposit on one transaction

    Used indicators

    • SHI Channel (30, 9.0).
    • Caixxa v.3 (Bollinger Bands period 21, deviation 2.0, overbought level -0.6, oversold level -0.6)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named 60 seconds Profit Master

    The schedule should look like this:

    60 seconds Profit Master trading strategy for binary options and scalping
    60 seconds Profit Master trading strategy template

    Signals indicating the purchase of a Call option (opening a Buy position)

    • The yellow Caixxa line pushed away from the lower boundary of the channel and crossed the blue line from the bottom to the top;
    • a green up arrow appears.
    60 seconds Profit Master trading strategy for binary options and scalping
    Example of Buying a Call Option (Entry into a Buy Position)

    Signals indicating the purchase of a Put option (opening a sell position)

    • The yellow Caixxa line pushed off from the upper boundary of the channel and crossed the blue line from top to bottom;
    • a red down arrow appeared.
    60 seconds Profit Master trading strategy for binary options and scalping
    Example of buying a Put option

    Setting Stop Loss and Take Profit in Scalping

    • stop loss is set above/below the previous local maximum or minimum;
    • Take Profit is set at a ratio of 1 to 1 with the stop loss.

    The presented method of entry is a conservative one. A more aggressive method involves buying an option without a rebound of the yellow Caixxa indicator line from the border of the channel.

    Before using 60 seconds Profit Master trading strategy on a real deposit, we recommend that you test it on demo account.

    Download the template and indicators of the 60 seconds Profit Master strategy

    Other profitable trading strategies for binary options

    Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading

    Trading strategy for binary options Super Momentum Binary

    Trading strategy for binary options and scalping TMA Crossing

  • 12 tips on how to lose money on binary options effectively

    Judging by the number of articles "How to make profit trading binary options" and "How to earn on binary options", it immediately becomes clear that almost any trader in the BOO market is a dollar millionaire, or even a billionaire.

    And indeed, as the living classic said, not only "everyone" can earn on binary options - the rules are simple and accessible, the entry threshold is quite low, the trading conditions are comfortable. But to lose all your money on binary options is much more difficult, it's just an art. And today we're going to give you some invaluable tips on what to do to lose money on binary options.

    How to lose money on binary options

    Tip #1. Always have to win back

    Never forgive the market for your losses. You just have to wrest your profits from it. Each deal that closed in minus is a reason to open the next one with a bigger lot.

    Tip #2. Get the Grail

    Let shallow traders develop, test and configure strategies and trading robots. This is not the way for you. Be sure to find the secret indicator/strategy/advisor that all of Wall Street trades with and buy it. You don't even have to test it to make sure it works. After all, the seller said that it brings 100% profit per day, and the Internet will never cheat, everyone knows that. And be sure to remember - the more expensive the purchased indicator/strategy/robot, the better it is.

    Tip #3: No Manipulation

    Money management is just a trick. It was specifically designed by brokers to keep traders from making money. Forget about all the money management rules out there. Binary options giving a couple of dollars profit is nothing. That's not what you came into BO trading for. Only the maximum lot will give you the maximum profit.

    Tip #4. Forget about fundamental analysis

    You should always remember that there is no need for any kind of economic knowledge in order to trade successfully. You came to the market to make a profit, not to be smart. There is no need to understand the NonFarm Payrolls, the consumer price index or the FOMC interest rate decision. Just open economic calendar, look for indicators with three exclamation points (asterisks, heads, etc.) and open trades at the time of their release.

    Tip #5. Money should work and you should rest

    Superindicators, Strategies and Advisors? I have a better idea! We need to urgently invest your money in a PAMM account or give it to a trader for trust management. There are professionals, so let them bring you profit. Believe me, every successful trader or PAMM-manager does not sleep at night waiting for your $100.

    Tip #6: The simplest way is always the right way

    How to lose money on binary options

    There is no need to overload the chart with indicators - it's unnecessary. Especially since all indicators are essentially the same, except for the secret Wall Street indicators. So, is it necessary to rack your brains by combining and tuning them? Of course not! Let the smart guys worry about it, and one indicator will be enough for you to earn money.

    Tip #7. Don't be distracted by other work

    If your main job interferes with binary options trading, then you should wonder if you need such a job at all. Don't hesitate for a second, quit your job. Only trading binary options will allow you to get rich by the next Monday and then live your life to the fullest.

    Tip #8: Don't skimp on trade

    You can't do without arithmetic. If you invest $10 in a trade, you will make a profit of $7. Is that the penny you came here for? You already know you have to put in as much money as you can. And where can you get it? Get a loan. Better yet, take two or three. Only then can you make more money.

    Tip #9. Don't hold back your emotions

    Emotions are a trader's enemy. This is yet another fake launched by binary options brokers. It is more profitable for them when robot-like traders restrain their excitement and greed by trading on their pennies. And you have to feel happiness from every deal you win and sport anger from every deal you lose. Only emotions will allow you to reveal yourself fully in trading.

    Tip #10. Don't hesitate to choose a broker

    Choose a broker for binary optionsIt's very easy, in fact. It's enough just to talk to these nice and understanding people to understand - this best broker in the world was waiting only for you. Just for you, they have a special offer to increase your deposit by 100 times, as well as the most successful trader in the history of financial markets. And negative feedbacks on the Internet are slander, machinations of competitors. After all, the broker can't really draw quotes and not withdraw money, right?

    Tip #11. Trust analytics

    Believe me, every day hundreds, if not thousands of analysts painstakingly study the markets to give you an opportunity to make money. You don't even have to look for anything - there are plenty of analysts out there. And if the analyst wrote that the pound sterling rate will fall, then it will fall like a sweetheart. There is nowhere for it to go, if the analyst said so, you do not even have to look at the chart. Trust analysts and experts. And in general, for whom sites place informers with trading signals? If you see that the informer gives an "urgent buy" signal, it means you have to buy, even if you have to.

    Tip #12. Sign up for paid video lessons and webinars

    Any psychologist will tell you that a successful trader can't sleep at night if he doesn't teach everyone who wants to trade profitably on the binary options market. A lot of experience presses on him, so to speak. And that's why it is necessary to share his experience. For ridiculous money. Be sure to help the man, give him the opportunity to sleep well! Sign up for a webinar, or you can sign up for several at once. Take a couple to eight training courses. By the way, the same principle works here as with the Grails - the more expensive the training costs, the more secrets that you will discover.

    Of course, you have already realized that these tips are a belated April Fool's joke, although knowledgeable people say - don't believe anyone all of April. And if you want to make a profit in binary options trading, you need to remember these tips to never follow them. Or still some tips can be used, after all in the Internet they never cheat, right?

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    All you need to know about binary options "60 Seconds"

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  • All you need to know about binary options "60 Seconds"

    Binary options trading has long enjoyed well-deserved popularity among traders, allowing them to make up to 85% of profit in a matter of minutes. One of the most popular instruments is binary options "60 seconds". Someone considers them very risky, someone is ready to accept such risks in exchange for high profits.

    In order to make a decision - whether to trade binary options "60 seconds", it is necessary to know their features, advantages and disadvantages.

    Binary Options 60 Seconds

    The advantages of "60 Seconds" binary options

    • The short expiration period of the option. The trader gets the opportunity to almost double the invested money in just 1 minute.
    • No pronounced reaction to the fundamental background. The exception is a short time interval during the release of very important news.
    • There is no reference to the current trend. Both trend and counter-trend trading are suitable for gaining profit.
    • The ability to trade a minimum option volume. With long expiration time of a binary option to get 85% profit from the invested dollar - the prospect is not so good. Therefore, the trader is forced to buy an option with a large volume. When using such a binary option it is possible to use a minimum volume and the profit will be provided by the number of trades.

    Disadvantages

    • Impossibility of practical forecasting. One minute is too short a time interval for predicting price movement in any of the analysis methods.
    • High trading risks. The increased risk of binary options "60 seconds" is due to two factors: the short expiration time and the high volatility of the asset.

    Despite the fact that the number of disadvantages is less than the advantages, they are quite extensive and have a huge impact on trading results.

    How to choose an expiry time when trading binary options?

    Features of trading binary options "60 seconds"

    • From a technical point of view, trading binary options "60 seconds" does not differ from the classic BO trading. However, the very short expiry time introduces certain peculiarities to the trading process, which the trader needs to know.

    Currency pairs are best suited for ultra-short binary options because they are the most predictable asset.

    • Because of volatility spikes at the time of important news and macrostatistics releases, it is better to refrain from trading in the interval of ±5 minutes.
    • Despite the difficulties in predicting the "60 Seconds" BO, you should not neglect technical analysis. Each trade should have a technical justification and not just open for no reason.

    The best strategy for such binary is a strong deviation of the price of the asset from the average value, because the market always tends to return to it.

    • Binary options "60 seconds" have higher risks. Therefore, you should not make them even greater by applying the Martingale method.

    Market doldrums, corrections and flotsam are not the most appropriate period to trade turbo options. For "60 second" options, periods of high volatility are optimal.

    Read also

    Strategies for short-term binary options

    4 capital and risk management strategies in binary options trading

  • Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading

    Fast RSI with Double Bands trading strategy is intended for trade binary optionsbut can also be successfully used for scalping and intraday trading.

    Input parameters

    • Currency pairs: any
    • Expiration time: 3-5 candles
    • Timeframe (for scalping and daytrading): M1-M15
    • Bidding time: any
    • Risk management: choose such a volume of option (lot), so that the risk was not more than 2-5% of the deposit on one transaction

    Used indicators

    • Bollinger Bands (20, 2.0)
    • Bollinger Bands (20, 2.5 - for M5 and M15; 20, 3.0 - for M1)
    • Support and resistance line with zone S/R
    • Connors RSI mod (period 3, up dawn period 2, ROC 100 period)
    • Connors RSI (period 3, up dawn period 2, ROC 100 period)
    • T3 RSI (2, 2, 0.618)
    • T3 RSI (4, 4, 0.618)
    • T3 RSI (8, 8, 0.618)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Set the template with the name Fast RSI with Double Bands

    The schedule should look like this:

    Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading
    Fast RSI with Double Bands Trading Strategy Template

    Signals indicating the purchase of a Call option (opening a Buy position)

    • The price pushed back from the lower boundary of the outer Bollinger Bands and crossed the lower boundary of the inner Bollinger Bands from below to above;
    • RSI indicator is out of oversold areas and crossed the green line from bottom to top.
    Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading
    Example of Buying a Call Option (Entry into a Buy Position)

    Signals indicating the purchase of a Put option (opening a sell position)

    • The price pushed back from the upper boundary of the outer Bollinger Bands and crossed the upper boundary of the inner Bollinger Bands downwards;
    • RSI indicator is out of overbought areas and crossed the green line from top to bottom.
    Fast RSI with Double Bands Trading Strategy for Binary Options, Scalping and Day Trading
    Example of buying a Put option

    Setting stop-loss and take-profit for scalping and intraday trading

    • stop-loss is set at a distance of 3 pips from the upper or lower border of the external Bollinger Bands;
    • Take Profit is set near the middle line of the Bollinger Bands or near one of the support or resistance levels.

    Before using Fast RSI with Double Bands trading strategy on a real deposit, we recommend that you test it on demo account.

    Download Strategy Template and Indicators

    Other profitable trading strategies for binary options

    Trading strategy for binary options Super Momentum Binary

    Trending trading strategy Projections Future Forex System

    Trading strategy for binary options and scalping TMA Crossing

  • Trading strategy for binary options Super Momentum Binary

    Trading strategy for binary options Super Momentum Binary - is a simple system based on the use of indicators:

    The filters of trading signals are RSI indicator.

    Super Momentum Binary strategy, according to the author, has a high profitability.

    Input parameters

    • Currency pairs: any
    • Expiration time: aggressive - 3 candles, conservative - 8 candles
    • Bidding time: any
    • Risk management: choose this volume optionto risk no more than 2-5% of the deposit per transaction

    Used indicators

    • Ventsel_Puchok (Momentum + RVI + Money Flow Index + WPR + RSI + CCI + DeMaker)
    • RSI (4, levels 10 - 90)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named Super Momentum

    The schedule should look like this:

    Trading strategy for binary options Super Momentum Binary
    Super Momentum Binary trading strategy template

    Signals indicating the purchase of a Call option

    • an up arrow appeared;
    • The RSI indicator is below level 10.
    Trading strategy for binary options Super Momentum Binary
    Example of Buying a Call Option

    Signals indicating the purchase of a Put option

    • a down arrow appeared;
    • The RSI indicator is above the 90 level.
    Trading strategy for binary options Super Momentum Binary
    Example of buying a Put option

    Recommendations of the author of the strategy

    RSI indicator levels 10 and 90 are conservative, so the number of signals on one chart will be small. There are two ways to achieve more frequent signals:

    • Use the strategy template on the charts of several currency pairs simultaneously (recommended);
    • set the RSI indicator to the levels of 20 and 80. Note that in this case, along with an increase in the number of signals, their reliability may decrease.

    Trading strategy for binary options Super Momentum Binary has such simple rules that even a novice trader can use it. Make sure to test the strategy on demo accountbefore using it on a real deposit.

    Download Super Momentum Binary Strategy Template and Indicators

    Other strategies for trading binary options

    Trading strategy for binary options and scalping TMA Crossing

    Trading strategy for binary options Forex Money Arrow

    Run Way trading strategy for binary options

  • Trending trading strategy Projections Future Forex System

    Trending trading strategy Projections Future Forex System - it is quite an interesting trading system based on signals ZigZag indicatorThe filtered on several timeframes in combination with predictive indicators.

    In addition to normal trading, the Projections Future Forex System strategy can be used to trade binary options.

    Input parameters

    • Currency pairs: any, metals, indices, cryptocurrencies
    • Timeframe: M5 and older
    • Bidding time: any
    • Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction

    Used indicators

    • Simple horizontal grid
    • Heiken Aschi
    • 3 level ZZ semafor (5, 13, 34, 1,3, 8,5,21,12, 110,110,110)
    • Ultimate Arrows (Zig Zag 80, 15, 10)
    • Volatility alarm.
    • Triangular Centered Asymmetric Band (50, 6, 2.61) - optional, used as a filter
    • Bezier curve (21)
    • MACMA arrow indicator
    • Future predictor (14, 34)
    • Future MACD

    Setting up the price chart

    • Unpack the archive
    • Copy the template into the templates folder
    • Copy the indicators to the folder MQL4 -> indicators
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named projections future forex system

    The schedule should look like this:

    Trending trading strategy Projections Future Forex System
    Projections Future Forex System Trading Strategy Template

    Signals indicating the opening of a long position

    • a black arrow up in a yellow square appeared;
    • a white arrow upwards appeared;
    • the candle closed above the Bezier curve indicator line;
    • The yellow line of the Future predictor indicator has crossed the white line from bottom to top;
    • The configuration of the Future MACD indicator corresponds to buying.
    Trending trading strategy Projections Future Forex System
    Examples of entering a long position

    Signals indicating the opening of a short position

    • a black down arrow appeared in the yellow box;
    • a white down arrow appeared;
    • the candle closed below the Bezier curve indicator line;
    • The yellow line of the Future predictor indicator has crossed the white line from top to bottom;
    • The configuration of the Future MACD indicator corresponds to a sale.
    Trending trading strategy Projections Future Forex System
    Examples of entering a short position

    Setting Stop Loss and Take Profit Orders

    • stop loss is set above/below the previous local maximum/minimum;
    • Take Profit is set near one of the levels of the Simple horizontal grid indicator.

    Recommendations of the author of the strategy

    • When using the Projections Future Forex System strategy in trend trading, trades should only be opened in the direction of the higher trend, which is determined on the H4 and D1 timeframes.
    • When trading binary options, the expiration time of the option is selected depending on the timeframe used and is 3-5 candles.
    • For the most demanding traders, the author of the strategy suggests using the Triangular Centered Asymmetric Band indicator. Its lines will be dynamic support and resistance levels, and trades are opened on a rebound from them.

    Before using Projections Future Forex System trend trading strategy on a real deposit be sure to test it on demo account.

    Download template and indicators of the Projections Future Forex System strategy

    Other profitable strategies for trading

    Trade strategy for scalping MA CMA Scalping

    Trading strategy for binary options and scalping TMA Crossing

    Trend Trading Strategy ATR Trend Strategy

  • Trading strategy for binary options and scalping TMA Crossing

    TMA Crossing trading strategy - This is a simple but very profitable strategy for binary options. In addition, the strategy can be used for scalping.

    The strategy is based on the use of the TMA and moving average crossover. For scalping additionally, a channel of two MAs is used.

    Input parameters

    • Currency pairs: any
    • Timeframe: M1 and M5 for binary options (expiration time - 3 candles), M5 for scalping
    • Trading times: London, New York
    • Risk management: choose such a volume of option (lot), so that the risk was not more than 2-5% of the deposit on one transaction

    Used indicators

    • Simple moving average (20, high)
    • Simple moving average (20, low)
    • Simple moving average (20, close)
    • Pivot points levels
    • TMA ML Col sline

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named TMA Crossing

    The schedule should look like this:

    Trading strategy for binary options and scalping TMA Crossing
    TMA Crossing trading strategy template

    Signals indicating the purchase of a Call option

    • TMA ML indicator Col sline crossed from bottom to top blue moving average.
    Trading strategy for binary options and scalping TMA Crossing
    Example of Buying a Call Option

    Signals indicating the opening of a long position

    • TMA ML Col sline has crossed the blue moving average and the upper limit of the channel of two MA.
    Trading strategy for binary options and scalping TMA Crossing
    Examples of entering a long position

    Signals indicating the purchase of a Put option

    • TMA ML Col sline crossed the blue moving average from top to bottom.
    Trading strategy for binary options and scalping TMA Crossing
    Example of buying a Put option

    Signals indicating the opening of a short position

    • TMA ML Col sline has crossed the blue moving average and the lower boundary of the channel of two MAs from the top down.
    Trading strategy for binary options and scalping TMA Crossing
    Examples of entering a short position

    Setting a Stop Loss and Take Profit Order when Scalping

    • stop loss is set at a distance of 5-8 points from the lower (for buying) or upper (for selling) border of the channel;
    • Take Profit is set at 10-15 pips or around the pivot level.

    Trading strategy for binary options and scalping TMA Crossing has such simple rules that it will not cause difficulties even for novice traders. Nevertheless, despite the simplicity, one should by no means forget about the strict observance of rules of mani gment.

    Before using the TMA Crossing trading strategy on a real deposit, the Fortrader experts recommend you to test it on a demo account.

    Download TMA Crossing Strategy Template and Indicators

    Other strategies for trading binary options

    Trading strategy for binary options Forex Money Arrow

    Trend Trading Strategy TMA Bands with Stochastic

    Run Way trading strategy for binary options

  • WebTrader, cTrader and UTIP - web terminals for binary options trading

    Long gone are the days when to open a deal on the stock exchange, you had to call your broker and through him to buy and sell assets. To trade binary options Now it is enough to register on the broker's website and download the trading terminal.

    But here, too, the trader can simplify his life. It is possible not to download anything, but to open a trading terminal in your browser and trade BO. We will look at the three most common web terminals for trading binary options.

    WebTrader trading terminal

    The idea of a browser-based terminal is not new. Many brokers providing trading services in financial markets have their own WebTrader terminal. The version for the foreign exchange market almost completely repeats the interface of the popular platform MetaTrader 4.

    The version for trading binary options is slightly different. For example, at one of the brokers, the quotes chart and the deal panel open in different windows.

    WebTrader terminal
    WebTrader terminal

    Another company's WebTrader has an animated interface for dynamic trading.

    WebTrader terminal
    WebTrader terminal

    Benefits of WebTrader:

    • execution of transactions "in one click";
    • the possibility of multiscreen trading;
    • The ability to log into the terminal with the login and password from the MetaTarder account.

    Disadvantages of the terminal:

    • The interface is completely different from the usual MetaTrader;
    • absence of news, signals and expert panels;
    • A limited set of trading assets and technical indicators;
    • no possibility to use trading robots;
    • the occurrence of "browser" slips;
    • there is no possibility to install third-party templates and indicators.

    This web terminal for trading binary options is quite controversial and very different for each broker. Therefore, when choosing it, in fact, the trader has to learn a new functionality every time.

    Web trading terminal withTrader

    Web terminal withTrader is primarily designed for ECN trading and is the most technically advanced online platform. As in the situation with WebTrader, there is a separate version of the terminal cTrader for binary options.

    Web trading terminal withTrader
    Web trading terminal withTrader

    Advantages withTrader:

    • user-friendly interface;
    • the ability to trade "in one click";
    • a wide range of technical indicators;
    • The ability to display a chart of quotes in Heiken Ashi and HLC format;
    • a wide range of parameters to customize the terminal.

    Disadvantages of the terminal:

    • A limited selection of assets for trading;
    • the complexity of mastering for beginner traders;
    • not the most widespread distribution of the terminal among domestic brokers of binary options.

    UTIP web trading terminal

    The UTIP web trading terminal is relatively new. Visually, it resembles the browser version of the MetaTrader terminal, which makes working with it easier. The main difference from previous platforms is that UTIP supports trading as CFD contractsThe following are the most important factors to consider when using both binary options and binary options on the same chart.

    UTIP web trading terminal
    UTIP web trading terminal

    The advantages of UTIP:

    • Four types of binary options are available for trading;
    • The interface of the terminal is intuitive and does not cause any difficulties when switching from MetaTrader 4;
    • the ability to trade "in one click";
    • A fairly large set of technical indicators;
    • Availability of the data directory linked to the account, which allows you to import your own indicators, and even full-fledged templates.

    Disadvantages of the web terminal:

    • no multiscreen mode, only switching between tabs is available;
    • not the most widespread distribution of the terminal among domestic brokers of binary options.

    Conclusion

    Please note that we have considered only the interface and general features of the most common web terminals for trading binary options. Depending on the broker, their appearance and available functionality may differ.

    In addition, all browser platforms have a number of common problems. For example, the performance of web terminals is somewhat lower than that of stationary terminals. Using a browser-based terminal for trading binary options requires a high-speed internet connection and sufficient RAM capacity. Because of this, owners of weak machines can be confronted with incorrect work of such programs.

    On the whole, the industry of web terminals for trading binary options is still very young, and it certainly still has a lot to develop. Nevertheless, the availability of an alternative is always a good thing, so calculating traders should pay the closest attention to their use.

    Stay tuned for more educational articles on binary options On your Telegram!

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  • Trading strategy for binary options Forex Money Arrow

    Forex Money Arrow trading strategy is intended for binary options and is based on a combination of trend indicators, oscillators and support and resistance zones.

    The Forex Money Arrow strategy uses the lowest timeframes for trading, so it can be used for scalping.

    Input parameters

    • Currency pairs: major, commodity assets, indices
    • Timeframe: M1 and M5
    • Expiration time for binary options: 3-5 candles for M1, 5-7-10 candles for M5 (depending on the distance to the support or resistance zone)
    • Trading times: London, New York
    • Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade

    Used indicators

    • Bollinger Bands Stop (20, 2)
    • Support and resistance idicators
    • Heiken Ashi smoothed (15)
    • OsMa (default).
    • MACD (6, 14)
    • BMA Power (20, 12, 26, smooth 5, deviation 1.0)
    • BMA trend (12, 26, 10, 2.5)

    Setting indicators and system template

    • Unpack the archive with templates and indicators
    • Copy the indicators to the folder MQL4 -> indicators
    • Copy the templates into the templates folder
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Install a template named Forex Money Arrow

    The schedule should look like this:

    Trading strategy for binary options Forex Money Arrow
    Forex Money Arrow trading strategy template

    Signals indicating the purchase of a Call option

    • the price is above levels of support;
    • Bollinger band stop indicator (Fx MoneyArrow01) is directed upwards;
    • Heiken ashi smoothed line is located below the price;
    • the BMA Power indicator point is blue;
    • point of the BMA Trend indicator is blue;
    • MACD indicator bar (Binary MoneyArrow05) is blue;
    • bar of the indicator OsMa (Binary MoneyArrow03) blue.
    Trading strategy for binary options Forex Money Arrow
    Example of Buying a Call Option

    Signals indicating the purchase of a Put option

    • the price is below resistance level;
    • Bollinger band stop indicator (Fx MoneyArrow01) is directed downward;
    • Heiken ashi smoothed line is located above the price;
    • the BMA Power indicator point is red;
    • point of the BMA Trend indicator is red;
    • MACD indicator bar (Binary MoneyArrow05) is red;
    • bar of the indicator OsMa (Binary MoneyArrow03) is red.
    Trading strategy for binary options Forex Money Arrow
    Example of buying a Put option

    Note that the author of the strategy used some indicators (OsMa, MACD, Bollinger Bands Stop) under their own names, which does not change their essence. In addition, the saturation of the strategy with indicators can cause difficulties, especially for novice traders.

    It is likely that experienced traders can replace the 4 basement indicators in use with other indicators, reducing their number without losing effectiveness.

    Before using Forex Money Arrow trading strategy for binary options on a real deposit, be sure to test it on demo account.

    Other strategies for binary options

    Trend Trading Strategy TMA Bands with Stochastic

    Run Way trading strategy for binary options

    Trading strategy for binary options Swing Man

  • Trend Trading Strategy TMA Bands with Stochastic

    Trend Trading Strategy TMA Bands with Stochastic - is a profitable combination of the trend channel indicators Triangular Moving Average and Stochastic oscillator in its arrow interpretation without redrawing.

    The strategy TMA Bands with Stochastic is suitable not only for trading on the trend, but also for binary options.

    Input parameters

    • Currency pairs: any
    • Timeframe: M5 and above (for binary options expiration time 5-7 candles, depending on the timeframe)
    • Bidding time: any
    • Risk management: after calculating the stop-loss, choose this lot size (option), so that the risk was not more than 2-5% of the deposit per transaction

    Used indicators

    • TMA CG Mladen (half length 50, price 6, deviation 1.61)
    • TMA 55 (half length 10, price 0, deviation 2.4)
    • Stochastic Buy Sell arrows (5,3,3)

    Setting up the price chart

    • Unpack the archive
    • Copy the template into the templates folder
    • Copy the indicators to the folder MQL4 -> indicators
    • Restarting the terminal
    • Open the chart of the desired currency pair
    • Set a template named TMA Bands with Stochastic

    The schedule should look like this:

    Trend Trading Strategy TMA Bands with Stochastic
    TMA Bands with Stochastic trading strategy template

    Signals indicating the opening of a long position (buying a Call option)

    • the candle closed under the lower boundary of the white TMA;
    • The lower boundary of the white TMA is below the blue TMA;
    • a green up arrow appears.
    Trend Trading Strategy TMA Bands with Stochastic
    Examples of entering a long position

    Signals indicating the opening of a short position (buy Put option)

    • the candle closed above the upper boundary of the white TMA;
    • The upper boundary of the white TMA is above the red TMA;
    • a pink down arrow appeared.
    Trend Trading Strategy TMA Bands with Stochastic
    Examples of entering a short position

    Setting Stop Loss and Take Profit Orders

    • stop loss is set above/below the previous local maximum/minimum;
    • The position is closed when the price reaches the median line or the opposite border of the channel CG Mladen TMA.

    Trend Trading Strategy TMA Bands with Stochastic - is an advanced version of the classic combination "trend indicator + oscillator", which, through the use of the author's indicators, has more profitable trading signals.

    Download TMA Bands with Stochastic Strategy Template and Indicators

    Other profitable strategies for trading

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    FX123 intraday trading strategy

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