Binary options

Support and Resistance bounce trading strategy is designed to trade binary options and is based on the use of the rebound from local support/resistance levels.

Input parameters

• Currency pairs: any.
• Timeframe: any.
• Duration of the option: 1-2 candles.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Setting up the price chart

1. Unpack the archive.
2. Copy the template into the templates folder.
3. Copy the indicators to the folder MQL4 -> indicators.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Set the template named Support and Resistance bounce.

The schedule should look like this

Signals indicating the purchase of a CALL option (predicting an upward move)

1. A big blue up arrow appears (signal from Stochastics).
2. A local support level was formed.
3. A green up arrow appears.

Signals indicating the purchase of a PUT option (predicting a downward movement)

1. A big pink down arrow appeared.
2. A local resistance level was formed.
3. A green down arrow appears.

First of all, it should be noted that the Support and Resistance bounce trading strategy, in principle, is not only suitable for binary options trading, and can be used for normal trading. In this case, you should use standard methods of placing a stop-loss order.

In the second place, the undoubted advantage of the strategy is its simplicity - the rules of entering the transaction will not cause difficulties even for novice traders.

Before using Binary options trading strategy Support and Resistance bounce on a real account, we strongly recommend that you test it on a demo account.

Download Trading Strategy Template and Indicators

Other strategies for trading binary options

Binary Cash Filtered trading strategy has a trend character and is intended for trading binary options. In addition, the strategy can be used for scalping.

Input parameters

• Currency pairs: any.
• Timeframe: M1, M5, M15.
• Duration of the option: 3-5 candles.  
• Bidding time: London, New York.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Zig Zag
• Daily open line,
• M5 Cash M15 (faster ema 1, slower ema 50, RSI 7)
• PB Fast 3 EMA
• Heiken Ashi
• NB Channel
• FX MACD Divergence (optional)

Installing indicators and strategy template

• Unpack the archive with templates and indicators.
• Copy the indicators to the folder MQL4 -> indicators.
• Copy the templates into the templates folder.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Set the template with the name Binary Cash filtered.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The channel is directed upward and the price is above the opening level of the day (trend is directed upward).
• There is a white up arrow on the price chart (the indicator M5_Cash_M15).
• The PBF_Fast_3MAs indicator turned blue.
• The current candle is green (Heiken Ashi indicator)

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The channel is directed downward and the price is below the opening level of the day (trend is directed downward).
• A white down arrow appeared on the price chart.
• The PBF_Fast_3MAs indicator has turned purple.
• The current candle is red.

First of all, it should be noted that Binary Cash Filtered is a trend strategy, so it is necessary to open trades only in the direction of the current trend. Otherwise, you risk a significant loss.

Note that the key indicator of the M5 Cash M15 strategy is an analogue of the famous Comodo indicator for binary options, which can redraw the signals. The other indicators do not redraw their readings.

Overall, trading strategy for binary options Binary Cash Filtered looks quite interesting. Of course, before using it on a real deposit, we strongly recommend testing it on demo account.

Download Strategy Template and Indicators

Other strategies for trading binary options

Neuro Impulse Binary System trading strategy is intended for trade binary options and uses a trend approach to trading.

Input parameters

• Currency pairs: any.
• Timeframe: M5 and above.
• Duration of the option: at the discretion of the trader.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Elder Impuls Candle color;
• Moving Average (21, close);
• MMA (4,4,1);
• NMA default setting (3 GEMA).

Installing indicators and strategy template

• Unpack the archive with templates and indicators;
• Copy the indicators to the folder MQL4 -> indicators;
• Copy the templates into the templates folder;
• Restart the terminal;
• Open the chart of the desired currency pair;
• Install a template named Neuro Impulse Binary System;
• Switching to the TF M5.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The price is above the thick beige moving average;
• A blue dot appeared;
• The white line is above the lettuce line;
• A green or blue candle appeared;
• Optional prerequisite: you can wait for the pullback to occur and the price to fall below the white and light green lines.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The price is below the thick beige moving average;
• A red dot appeared;
• The white line is below the lettuce line;
• A red or blue candle appeared;
• Optional prerequisite: You can wait for a pullback and for the price to rise above the white and light green lines.

Neuro Impulse Binary System trading strategy - is a quite effective system for trading binary options. According to our experts, it can be successfully adapted for normal trading on foreign exchange market where it will be no less effective.

Download Strategy Templates and Indicators

Other trading strategies for binary options

Arrow indicator Binary Indicator is for trading binary options and, according to the developers, allows to find the most optimal signals for the purchase of Put and Call contracts. At the same time, the indicator signals do not overdraw.

Experienced traders recommend using Binary Indicator arrow indicator on timeframes from M15 to H1. An additional recommendation is to use this indicator together with Bollinger Bandswhich will increase its effectiveness.

Download indicator for binary options Binary Indicator

Other indicators for binary options trading

Trading strategy for binary options is built on the basis of the same name Binary Comodo indicator from Rita Lasker with additional filters.

Input parameters

• Currency pairs: any.
• Timeframe: M5, M15, M30.
• Duration of the option: on the M5 timeframe: 5-8 candles, M15-30: 3 candles.
• Bidding time: London, New York.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Binary Comodo Indicator
• Momentum indicator (default settings)
• I-Gentor LSMA-EMA (default settings)

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 Binary Comodo

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• A green up arrow appears
• A blue bar appeared on the Momentum Modulator indicator
• On the i-GentorLSMA&EMA indicator the green line overlaps the blue one

Signals indicating the purchase of a PUT option (predicting a downward movement)

• A red down arrow appears
• A red bar appeared on the Momentum Modulator indicator
• On the i-GentorLSMA&EMA indicator the red line overlaps the orange line

Download Strategy Template and Indicators

Other strategies for trading binary options

In trading binary options, as well as any other asset (currencies, stocks, futures and so on) much attention should be paid to capital management. Binary optionsIn spite of all its ease of use, it remains a speculative tool, work with which requires cash investments, so without money management can not do.

Important articles about binary options

• Increasing the profitability of binary options transactions
• Risk hedging strategy on Forex binary options
• Binary options on or trading currency pairs?
• How to correctly determine the expiration date of a binary option
• 5 mistakes of beginners in binary options trading
• Types of binary options

Capital management tactics in binary options trading

If you are not familiar with this definition, then in a nutshell, money management is strategies of batch investment in transactions and increasing the volume of trades with capital growth. In addition, in the money management includes tactics to protect funds by investing in different instruments, issues of portfolio investments and other options on how to manage your deposit.

Due to the fact that BO is in general a rather simplified tool for trading, which implies only two options for closing a deal - profit or loss - which after the conclusion of the contract the trader can no longer affect, there are a limited number of money management tactics for binary options. Let's go over them.

1. On a binary contract not more than 5%

As with other exchange-traded instruments, ForTrader.org recommends use no more than 3-5% of capital in a single transaction. That is, having a deposit of 1000$, you can conclude a contract only for 30-50$$. If the minimum contract amount at your binary options broker is 5$, then your minimum deposit must be at least 100-170$$. What is it for? To wait out a series of losses while having a margin to continue trading. Rarely a series of losing trades exceeds 8. Meanwhile, during this time, the trader has all possibilities to correct the strategy and understand the reason of mistakes. That is why you should not go all-in, even if you are strongly confident in success.

2. use your profits wisely!

From the previous rule of money management in binary options The second thing you should do is gradually increase the volume of your trades. With each profitable trade your deposit grows, and therefore the contract amount should grow as well, because we calculate it in percent. A smart trader never increases his trading deposit by the full amount of profit. It leaves about 50% to withdraw or in case of a protracted loss.

Let's take an example: you have a deposit of 1000$, trading at 3%. For 10 profitable trades you have made a profit of 255$ (30$ * 85% * 10) to your account. 125$ of them it is reasonable to withdraw or put aside, 130 - to add to the total deposit amount and open transactions further not on 30$, but on 34$ (1130 * 3%). Keep in mind that it is better to increase the trading deposit by the amount of profit after a series of successful trades, when the amount of profit is already sufficient to feel the difference.

This rule of working with binary options (as well as with other tools for trading) will help you feel confident and give you the opportunity to see the results of your work, as well as teach you not to stand still and develop yourself and your capital.

3. Loss risk management in binary options

Continuing the topic of money management and risk management in binary options trading, we would like to remind you about "Stop Levels". Frankly speaking, this point is more suitable for the topic of psychology of trading, but still, it has a lot to do with capital as well.

Determine for yourself the number of losses in a row and the amount of loss, after which you need to review your trading strategy!

Sometimes, getting into a rush and wanting to get even, we make a lot of reckless deals. In order not to lose capital thoughtlessly, pause if you feel the trade is out of your control. This will help you save nerves and money.

Hedging and Diversification as Capital Management Strategies in Binary Options

And the last item is hedging and diversification. We have combined these points because they are largely borrowed from other markets. Applying them in practice as money management strategies for binary options will be quite difficult.

Hedging involves finding assets with high correlation (with very similar price movements) and purchasing two opposite direction contracts for them. Then the disadvantage in one deal should overlap with the plus in the other one. But since the percentage profit of binary options is always less than the loss, this tactic is a failure in advance. That's why Hedging with binary options is possible only when trading the main asset at the same timeThat is, currency pairs or stocks. We talked about this in the previous two articles. In this case, hedging stands next to diversification, because you are using several markets for an overall strategy.

That's not to say it's a very easy thing to hedge and Diversification by binary optionsBut with a serious approach, it can bring good profits. So ForTrader.org recommends paying special attention to this point.

Conclusions: Despite its simplicity, binary options remain a risky asset to invest in. Therefore, you should not relax beforehand. Capital and risk management strategies in binary options are few and far between, but even they can help you improve your trading results with this tool. It's never a bad idea to approach trading wisely.

Trend action trading strategy with fractal support /resistance - It is a trend following system with elements of Price Action tactics, which can be used both for scalping in the market, and for trading binary options. We will give you the rules of the strategy for binary options. For scalping, the rules will be almost the same.

Input parameters

• Currency pairs: any.
• Timeframe: M
• Duration of the option: 3 candles.
• Bidding time: London, New York.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Fractal support and resistance
• Pivot and psycolevel
• MA in color (100, 3)
• Non lag MA (35),
• Support and resistance
• Clive histogram CCI
• Heiken Ashi histogram
• Volumes indicator

Installing indicators and strategy template

1. Unpack the archive with templates and indicators.
2. Copy the indicators to the folder MQL4 -> indicators.
3. Copy the templates into the templates folder.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Install the template with the name Za_Trendom_Vol2_Reloaded.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• On the price chart, the NonLagMA(35) indicator is green and is above the LWMA(100) indicator (or crosses it from bottom to top), which is also green.
• A bullish candle closes above the NonLagMA(35) indicator.
• The TrendCCI indicator changes color from red to green (the sooner the better).
• The indicator Heiken Ashi Histogram blue and breaks moving average (or at least it touches).
• The Volumes indicator is green.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The NonLagMA(35) indicator is red and is below the LWMA(100) indicator (or crosses it from top to bottom), which is also red.
• A bearish candle closes below the NonLagMA(35) indicator.
• The TrendCCI indicator changes color from green to red.
• Indicator Heiken Ashi Histogram red and breaks through the moving average.
• The Volumes indicator is red.

Additional recommendations

Support/resistance levels can be used as additional filters and not to open a trade if the price is close to these levels.

Overall, Trend action trading strategy with fractal support /resistance looks interesting enough, and the possibility of using it for binary options and for scalpingis certainly a very significant advantage.

Download template and indicators

Other trading strategies for binary options

Multi Parabolic SAR trading strategy for binary options is built on the basis of three Parabolic in combination with the fx_trender indicator, which helps to identify different market phases.

Input parameters

• Currency pairs: any.
• Timeframe: M15 and higher.
• Duration of the option: 4 candles.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Setting up the price chart

• Unpack the archive.
• Copy the template into the templates folder.
• Copy the indicators to the folder MQL4 -> indicators.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Set the template with the name Multi Parabolic SAR.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The price is above all three parabolics.
• On the fx_trender indicator, the price is above the upper red level.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The price is below all three parabolics.
• On the fx_trender indicator, the price is below the lower red level.

The experts at fortrader.org believe that Multi Parabolic SAR trading strategy can be used not only for trading binary optionsThe rules can also be used for trading currency pairs as a trend strategy if the rules are refined accordingly.

In addition, it is possible to increase the effectiveness of the strategy by replacing the Parabolic indicator with more advanced modifications.

Download template and indicators

Other strategies for trading binary options

Market Scanner System trading strategy combines graphical constructions, designed to identify the trend, and standard indicators, used as filters. The system is suitable for trading binary optionsIt can be used for scalping and intraday trading.

Input parameters

• Currency pairs: any.
• Timeframe: M15 and higher.
• Duration of the option: 2-4 candles.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Aussy
• Auto-trend-line optional
• Market Watch
• Binary options trigger
• Market Scanner

Setting up the price chart

• Unpack the archive.
• Copy the template into the templates folder.
• Copy the indicators to the folder MQL4 -> indicators.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Install the template named Market Scanner System.

The schedule should look like this:

Signals indicating a buy CALL option (predicting upward movement)

• The trend is directed upwards (we are guided by the graphical constructions).
• A white arrow upwards appeared.
• On the FlatScanner indicator, the blue line breaks the upper limit of the channel.
• A green square appeared on the Agimat MarketWatch indicator.

Signals indicating the purchase of a PUT option (predicting a downward movement)

The trend is downward.

A white down arrow appeared.

On the FlatScanner indicator, the blue line breaks the lower limit of the channel.

A red square appeared on the Agimat MarketWatch indicator.

First of all, we should note the versatility of the Market Scanner System trading strategy. In essence, this is an ordinary trending strategy that allows not only scalping, but also trading binary options, which are only gaining popularity over time.

The strategy has simple rules, which makes it accessible even to beginner traders, and more experienced traders can experiment with replacing the indicators that make up the trading strategy, which can increase its effectiveness.

The experts at fortrader.org recommend using Market Scanner System trading strategy to trade exclusively with the trend, because trading against the trend can have a negative impact on the deposit.

Download Indicators and Strategy Template

Other trading strategies for binary options

Signal indicator Profit Sunrise is for trading binary optionsas well as ordinary trading.

According to the authors, the Profit Sunrise indicator runs on an innovative algorithm and uses a sophisticated noise filter that allows it to generate accurate entry signals without re-rating. Again, the authors claim that the Profit Sunrise indicator produced 91% profitable trades over 11 months when trading six currency pairs.

The Profit Sunrise indicator gives signals to enter in the form of arrows of the corresponding color and direction.

Additionally, the Profit Sunrise indicator has audio and text alerts.

According to the experts at fortrader.org, Profit Sunrise signal indicator requires the most rigorous testing for demo accountThe indicator is not available to the user, and also on a cent account, in order to select the best timeframes and expiry times of options, because the parameters of the indicator themselves are hidden from change.

Download Profit Sunrise Signal Indicator

Other indicators for binary options

Super Point Signal IndicatorAccording to the author, the indicator is focused on binary options tradingHowever, it can also be successfully used in ordinary trading.

The Super Point Signal indicator marks with points of corresponding color the points of potential price reversal, which are not re-drawn.

Additionally, the Super Point Signal indicator displays a text message about the signal and sends the signal to e-mail.

Certainly, before trading on a real deposit, Super Point Signal Indicator The experts at fortrader.org recommend checking it out on a demo account. The principle of action of the indicator is unknown. When trading, we recommend to use its signals only in the direction of the trend.

Download Super Point Signal Indicator  

Other arrow and signal indicators

Heken Ashi Nolag Dot - a strategy for trading binary optionswhere instead of the standard candlesticks bars formed by Heiken Ashi indicator, in combination with other indicators.

Input parameters

• Currency pairs: any.
• Timeframe: M1 and above.
• Duration of the option: 3-6 candles.
• Bidding time: London, New York (in intraday trading).
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Exponential Moving Average (55, close);
• Moving Average (11, smoothed, close);
• Non lag MA
• Emilio superband ( 20, 1.5, 2);
• Bollinger Bands squeeze.

Indicator parameters are given for M1, M5 and M15 timeframes.

Installing indicators and strategy template

• Unpack the archive with templates and indicators.
• Copy the indicators to the folder MQL4 -> indicators.
• Copy the templates into the templates folder.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Set the template with the name Heken Ashi Nolag Dot.

The schedule should look like this

Signals indicating the purchase of a CALL option (predicting an upward move)

• Moving average with a period of 11 (orange) above the moving average with a period of 55 (green).
• A blue dot appears on the nonlagdotMS indicator.
• A white candle appeared on the Heiken Ashi indicator.
• Optional prerequisite: EmilioSuperBands indicator narrows.
• The bbsqueeze indicator shows a blue dot along with a green bar.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The moving average with a period of 11 is lower than the moving average with a period of 55.
• A red dot appears on the nonlagdotMS indicator.
• A red candle appeared on the Heiken Ashi indicator.
• Optional prerequisite: EmilioSuperBands indicator narrows.
• The bbsqueeze indicator shows a blue dot along with a red bar.

According to the experts at fortrader.org, strategy for binary options trading Heken Ashi Nolag Dotsubject to rules of maneuveringIt can become quite a profitable and efficient system. Experienced traders can experiment with replacing the moving averages and other indicators with more advanced modifications.

Download template and indicators

Other strategies for trading binary options

Impulse Trading Strategy is designed for binary options trading, and is based on a combination of an impulse indicator and 1-2-3 pattern.

Input parameters

• Currency pairs: any.
• Timeframe: M5 and above.
• Duration of the option: 4-6 candles.
• Bidding time: London, New York.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• Impulse Indicator (level 20)
• 123 patterns

Installing indicators and strategy template

• Unpack the archive with templates and indicators.
• Copy the indicators to the folder MQL4 -> indicators.
• Copy the templates into the templates folder.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Install a template named Impulse Trading.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The aa-indicator pulse indicator shows a green pulse above the 20 level.
• The price broke the blue line of the 123PatternV6 indicator from the bottom up.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• A red pulse above the 20 level appeared on the pulse indicator.
• The price broke through the red line from top to bottom.

According to the experts of fortrader.org, trading signals can be a bit late, it is recommended to introduce a strategy for binary options trading Impulse Trading additional indicatorsAlso, we do not recommend trading before or during the release of important economic events.

Download template and indicators

Other strategies for trading binary options

Vulkan Profit Arrow Indicator is universal and can be used to trade currency pairs on or binary options.

According to the authors, the Vulkan Profit indicator is built using an efficient algorithm, has high signal accuracy, does not lag and does not overdraw.

According to the experts at fortrader.org, Vulkan Profit arrow indicator must necessarily be tested on a demo account before using it on a real deposit.

Download Vulkan Profit Arrow Indicator

Other signal and arrow indicators

We've spent quite a bit of time on the concept of binary options and their possible options provided by brokers. We have learned how to select the right type of binary option for this or that market, and we are actually ready to proceed to the trading process. To make the first trade we have the smallest thing left - to think of a suitable expiration time, with which we will work.

What is the expiration of a binary option?

Let us remind you that expiration - is the end of the contract term, that is, the time at which, depending on the type of binary option, its main condition must be met.

Expiration times can be quite different. Most often from a month or more to 1 minute. It is clear that depending on your trading strategy or market situation you can choose any suitable period for the given moment, the main thing is to understand when and what term is the most suitable.

Expiry time depends on the strategy

• So, if your long-term strategyand you are more suited to the investment type of trading, then, obviously, the term of the contract should be chosen appropriate for the event on which you are counting, for example, the end of the QE program in the U.S. according to your forecasts. Usually, options of a month or more are used in this case.
• If you are more focused on medium-term tradingIf you have a position based on technical analysis and "catching" the trend movements, then the best thing for you would be a position for 2-3 weeks or so, maybe a little less, depending on your forecasts.
• For short-term tradingAccording to ForTrader.org experts, the best expiry time is binary option in several days - up to one week. At the same time, as traders often do, do not leave the contract for the weekend, because sometimes after the market closes, there are dramatic changes in conditions, significantly affecting the opening of the instrument quotations on Monday.
• For intraday tradingIn a day trade, which is usually described as intraday trading, it is logical to choose an option expiration time from an hour to a trading day, when the day's activity subsides and a flat movement begins. By evaluating the prospects of the day, you can predict how it will end, or by evaluating the chances of news coming out, you can predict the movement right after it.
• Ultra-short trading is characterized by trading within an hour or even within a few minutes. By analogy with om we can call such trading as pipsing. It is the most dangerous type of trading, because it is necessary to take into account sharp short-term fluctuations in quotations and market noise.

How do I choose the expiry time of my binary option?

What is the expiry period of a binary option to choose for a beginner trader? Note that usually, in search of quick money, and caught up in the excitement, traders choose a time of 1 to 5 minutes. This strategy seldom profitable for a long period of timeThe same is true for the roulette game: a series of wins will be followed by losses. Usually speculators with experience recommend using intraday terms: hourly or daily, that is, those in which you can expect something specific and not become a hostage of "rollback not in time" and your own emotions.

Another way to choose the right expiry time is to calculate the number of bars you are waiting for a certain market movement, based on technical analysis. For example, candlestick patterns are worked out for 2-4 candles, trading on the breakthrough or rebound from the line - from 3 to 10 bars, depending on the activity of the trend, the trend movement should be worked out for a little longer - for 10-20 bars of the selected period. Knowing this and using the technical analysis, you can always calculate the right expiry time for your binary option.

Regarding fundamental analysisAs we said above, you need to look at the potential reaction of the market and its duration. For news it is one, for more serious changes it is another.

Anyway, having at least a little experience in trading on the stock or currency markets, the trader finds a suitable strategy for himself. It is the one that ForTrader.org magazine recommends adapting to work with binary options and relying on it when choosing the expiry date of a binary. With a little practice, you will realize that the difference in trading principles is not great.

Discuss on the forum binary option expiration time

• How to determine the expiration time of a binary option?

What else you should know about binary options

• Free signals for binary options
• 3 binary options for free and no investment
• What are the best binary options?

The development of web technologies makes it possible today to create online platforms that are almost as good as their desktop counterparts. At the same time, they lack the main disadvantage of application programs - the need to install and maintain the current version on each of your devices. In turn, you can access the terminal from almost any device via a browser.

A web platform for binary options is a single workspace where your trading history is always synchronized and all important data is located on remote servers. Let's look at the capabilities of modern web platforms using several brokerage companies as an example.

Quick trading panel

Depending on the software developer as well as the broker and the terms they offer, the platform's features may vary slightly. However, the basic functionality of any binary options trading platform will always be the same, including at least two things: the market overview section and the quick trade panel.

In the panel of quick trading the size of the investment, the time of expiration and other data are specified, depending on the type of binary contract. Its main purpose is to make instant deals, which becomes especially important on short expirations.

Market overview, quote feed or chart

A market overview can be a simple line of quotations, or a full-fledged historical chart that allows you to analyze the movement of the asset's price in the past. The first option allows you to make quick trades, focusing only on the current price of the instrument. In turn, with a complete graph it is possible to apply the candlestick and technical analysis to predict the price movement, focusing on historical data for a particular instrument. In TradingView, for example, you can mark trend lines, graphical patterns and make handwritten notes right on the price chart.

Many people lack complete charts for trading binary options. Therefore, traders often use third-party terminals for analysis and forecasting and a web terminal to open positions. But it is much more convenient to have everything in one place. And you get quotes from the source, which can be slightly different from the quotes from other providers. All of this should be taken into account when choosing a platform and always count on perspective.

The time period of the price chart varies in the range from one minute to one month.

Advice on choosing a timeframe

It is good practice to choose a timeframe a couple of orders of magnitude smaller than the expiration time. This is because different analysis methods are used for different option durations, so it is important to set the appropriate time frame before trading.

Selecting the type of binary options

Many brokers offer several types of options for trading. There can be quite a few types, the most common ones are: binary (bid to rise or fall), pairs, long-term, one touch, ladder, range (channel), etc. In the platform you will see a special panel for switching between option types. Depending on the type of binary contract, the trading environment may vary slightly.

 

The underlying asset or instrument

The underlying asset of a binary option is what we directly trade. In some platforms, the instrument can be selected directly from the quick trade panel.

Others have a separate menu for this.

As a rule, instruments are divided into groups - into currencies, commodities, indices and stocks. At the same time, the set of instruments may depend on the type of option selected.

It's up to you to choose the instrument you want and are interested in. The traditional ones are always represented. The exotic ones vary from company to company.

Conclusion

As you can see, the competition in the market of web platforms for binary options is now quite high, and each company is trying to distinguish itself from the best side. Well, this is only to our advantage as customers.

The functionality of the trading platform is up to you and your needs, because this is where you will spend most of your time when trading. I draw your attention to the fact that usually web terminals differ only in appearance and the set of underlying assets. So apart from a pretty picture, have a look at Binary options broker reviews. Just in case...

And of course, many companies give demo access to their platforms, and this is a great opportunity to try out the platform, its convenience and to learn its functionality before you open a real account with the broker.

More about binary options

• 6 Ways Not to Become a Loser Trading Binary Options
• Free signals for binary options
• What are the best binary options?
• Trading binary options: what reviews on the forums should be trusted?

Kenox Binary System trading strategy is intended for trade binary options with a short expiry time and built on the basis of the KENOX Binary Indicator, based on the ADX indicator (13) with additional filters on the moving averages and Parabolic.

Input parameters

• Currency pairs: any.
• Timeframe: M
• Duration of the option: 2-3 candles.
• Bidding time: London, New York.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• KENOX Binary Indicator
• EMA (20, close)
• EMA (11, close)
• EMA (3, close)
• Parabolic (0.01, 0.1) optional.

Installing indicators and strategy template

1. Unpack the archive with templates and indicators.
2. Copy the indicators to the folder MQL4 -> indicators.
3. Copy the templates into the templates folder.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Install a template named Kenox Binary System.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

1. Red (fast) moving average is above the blue and dotted moving averages.
2. Optional prerequisite: the price is above the Parabolic.
3. A green arrow appears.

Signals indicating the purchase of a PUT option (predicting a downward movement)

1. The red moving average is below the blue and dotted moving averages.
2. Optional prerequisite: the price is below Parabolic.
3. A red arrow appeared.

According to the experts of ForTrader magazine, the use of trading strategy for binary options Kenox Binary System trend indicators Parabolic and moving averages may cause some lag, so you can replace them with modified versions in which this disadvantage of trend indicators is eliminated. Also, to minimize trading risks, it is recommended to buy options exclusively in the direction of the trend.

Download template and indicators

Other strategies for trading binary options

Trading strategy Extreme CCI Binary System - it is a universal system for trading binary options with any expiration date.

Input parameters

• Currency pairs: any.
• Timeframe: any.
• Duration of the option: 2-3 candles.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

Used indicators

• TBLC (support and resistance),
• Pivot alert,
• V Custom (overbought/oversold levels -7/7).
• Divergence CCI 14 , CCI 21, CCI 30,
• 55 EMA (apply to high)
• 55EMA (apply to low)

Installing indicators and strategy template

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

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The price is above the channel consisting of moving averages.
• VCustom3 indicator (under the price chart) was in oversold area.
• On one of the three CCI indicators (under the VCustom3 indicator) there is an up arrow.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The price is below the channel consisting of moving averages.
• The VCustom3 indicator was in the overbought zone.
• A down arrow appeared on one of the three CCI indicators.

According to ForTrader, Extreme CCI Binary System trading strategy can be used not only for binary options trading, but also for ordinary trading as a trending strategy.

Download templates and indicators

Other strategies for trading binary options

Binary Divergence Boom trading strategy is intended for trade binary options and uses the channel principle to form trading signals.

Input parameters

• Currency pairs: any.
• Timeframe: M30 and higher.
• The expiration time of the option: 4-6 candles.
• Bidding time: any.
• Risk Management: Choose such an option volume that the risk is no more than 2-5% of the deposit per trade.

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 terminal.
• Open the chart of the desired currency pair.
• Install the template with the name Binary Divergence Boom.

The schedule should look like this:

Signals indicating the purchase of a CALL option (predicting an upward move)

• The price is in the green zone (trend of the senior timeframe is directed upwards).
• The price touched the lower boundary of the channel, and a black dot appeared.

Signals indicating the purchase of a PUT option (predicting a downward movement)

• The price is in the red zone (the trend of the older timeframe is directed downward).
• The price touched the upper boundary of the channel, and a black dot appeared.

According to ForTrader, trading strategy for binary options Binary Divergence Boom can be used for binary options with a shorter expiration time. The introduction of additional filtering oscillators, such as RSI indicatorThe effectiveness of the strategy can be positively affected.

In addition, the use of filtering oscillators will allow you to use the trading strategy Binary Divergence Boom for conventional trading on currency pairs, indices or other exchange instruments.

Download Binary Divergence Boom trading strategy template and indicators

Other strategies for trading binary options

Search engines are getting smarter than we are every year. To make it "easier" for us to formulate a thought, or maybe to think in the right direction, starting to type in a search query on a topic of interest, we stumble upon so-called frequently asked questions. There are a lot of jokes on the web about this, and you can look at funny hints on almost any phrase. Start typing in "How to eat..." and get a chance to learn a little more about how to eat your neighbor's lunch

In the same way, you can learn a lot of interesting things about binary options. Depending on your preferences, you will be offered to inquire about strategies, indicators for BO, earnings, brokers, reviews, and will also offer to answer the question Are binary options a scam for suckers? The wording, of course, quite strange, but you can't take words out of the song, so let's discuss this burning topic of divorce and those who are caught in it.

• Who gets scammed by binary options brokers?
• How to make yourself a LOSH on binary options?
• What to do not to become a sucker when trading binary options?
• Situations when the trader himself is to blame
• Reason #1. The broker of binary options does not withdraw profit because ... verification is not passed
• Reason #2. You have an unused bonus on your account
• Reason #3. The amount of withdrawal specified in the application exceeds the amount in the account
• Reason #4. Not provided credit (charge) card for withdrawal
• What do I need to know in order to withdraw my profits?

Who gets scammed by binary options brokers?

We have been observing the relationship between brokers and traders on the forum and in real life for quite a long time. Of course, there have been very different situations, including extremely unsympathetic on both sides, but the vast majority of traders who are unhappy with their company are newbies. This happens for the usual reason: the company is very active in advertising that it is possible to make money on binary options:

• To 100% in 1 minute,
• Huge profits per month with a minimum waste of time,
• And build a super business with only work for yourself.

That is, brokers in the struggle for the client are ready to tell a lot of interesting stories, some of which may well be true, but forgetting to mention the risks of such earnings. Of course, on binary options it is possible to earn up to 100% from a contract per minute, you buy 60 seconds optionYou guess the direction and get the coveted prize. Similarly, you can get 1000% a month and successfully trade just for yourself. Except that no one says in the ads that 100% is also easy to lose in 60 seconds! And that's where beginners are left out, expecting to find the golden antelope, but in the end they lose money. Who is to blame for this situation?

ForTrader.org experts believe that both sides. The company - because it knowingly fails to fully explain the situation, and the trader - because he allows himself to invest in something he does not understand thoroughly. He makes a sucker himself and is afraid to admit his mistake... Alas!

How to make yourself a LOSH on binary options?

Of course, there are situations where brokers are somewhat flirtatious in their understatement. For example, most recently on the our forum we came across the discussion of the problem of one of the client, who gave permission to the analyst of the binary options broker to open a "very profitable deal" after a series of successful winnings. Well, what seems to be the problem, the company has already earned the client 10,000$ and promised to double the deposit with just one trade, but she forgot to specify that the expiration date of the contract will be in a year...

We do not exclude that the analyst warned the client about it in passing, that everything was done honestly, but it did not seem that she understood the situation to the end, since the previous contracts were only for a few days. It all became clear when she needed the money urgently, but it was too late.

"Playing on trust is not a good publicity stunt"," is a reference to brokers. "Don't make fools of yourself", is an appeal to newbie traders. The profit of binary brokers is your loss, no one wants and will not make you money in the company. Do not forget about it!

What to do not to become a sucker when trading binary options?

Our latest articles on binary options trading are similar to each other. In each one we tell you that trading is not an easy way to earn money, that no one wants your winnings, that you need to think with your head. The practice of the trading process is very easy to understand:

• two buttons,
• easy technical analysis and signals,
• currency hedging,
• option types,
• expiry date.

In two hours of uncomplicated reading, you will become a savvy user. It's much harder to be patient with practicing on a demo account, finding a successful strategy, and Selecting the best broker. In order not to become a sucker and not to fall under the "scam" in binary options, follow the simple rules and everything will work out.

• Learn all about binary options trading - don't fall for the enticement that it's the easiest earnings, that there's nothing to know. Yes, there isn't much to know, but it's a must to understand and try trading.
• Don't want to look stupid and lose your deposit? Start with demo trading or small bets. Do not risk everything at once, money does not like haste.
• Choose your binary options broker carefully. Check its reviews, trading conditions, service.
• NEVER let company representatives trade your funds. A normal broker has no right to give advice on trades individually or even more so to open something on your account without your knowledge. If they start offering you such service, immediately withdraw your deposit.
• Try to withdraw funds. This is necessary both for your psychological peace of mind and in order to avoid divorces associated with delays or denials of payments.
• Your deposit is money you can afford to lose. When you open an account, get over it! If you can't, put your money in the bank.

Situations when the trader himself is to blame

So, after a certain amount of time of binary options trading, you have a profit in your account, which you have decided to withdraw. However, the binary options broker refuses to withdraw your hard-earned money. How come? That's mine! Especially ardent traders immediately rush to the forums to open themes with claims to the brokers.

Is it about the broker? For what reasons, depending on you, can a binary options broker refuse to withdraw profits?

We have identified the four most common reasons why the trader can not get the profits earned solely due to his fault.

Reason #1. The broker of binary options does not withdraw profit because ... verification is not passed

Among many binary options traders there is an opinion that verification - is a way of complicating the already difficult life of a trader, which is specially invented by the broker. Verification is a mandatory requirement imposed on binary options brokers by the financial institutions which regulate their activities. The presence of a verification procedure at the broker of binary options is an indication that the company operates in the legal field. The list of documents required for verification may differ slightly from broker to broker, but the basic elements everywhere are a copy of the passport and a copy of the credit (charge) card.

Recommendation of ForTrader.org: In order to withdraw money quickly and safely, you need to prepare the necessary documents and pass verification in advance.

Reason #2. You have an unused bonus on your account

Unfortunately, at the moment, almost all of the leading binary options brokers slightly tightened the rules of withdrawal and withdrawal provided bonus funds.

[info_block align="right" linkText="Binary options: 9 bonuses for your trading account" linkUrl="https://mr-trader.com/binary-options/binarnye-opciony-9-bonusov-na-vash-torgovyj-schet" imageUrl="https://files.fortrader.org/uploads/2015/07/money-for-free.jpg"]More about binary options trading bonuses[/info_block]

Previously, a client could withdraw his earned profit without touching the bonus and basic funds, but now, until the bonus is worked off, you will not be able to withdraw profits. The only funds you will be able to withdraw are your own money that you deposited into your account. In this case, both the bonus and the profit made will be burned.

ForTrader.org magazine recommendations: When using bonus funds, you should clearly understand that you are assuming additional obligations. Read the terms of the bonus carefully, and then decide whether you need it or not. Remember that the bonus is essentially a means of binding the trader to the broker.

Reason #3. The amount of withdrawal specified in the application exceeds the amount in the account

Almost every third trader has encountered this rather painful situation. Its essence is as follows. A certain profit has been earned. A request for withdrawal of funds from the account is formed. While the request is being processed by the corresponding service of the broker of binary options, the trader continues to trade, in case of loss of which the funds in the account are reduced or can be lost altogether.

Recommendations of ForTrader.org: Until the broker processes the withdrawal request and writes off the specified amount from your deposit, it is better to refrain from binary options trading. Take a rest from trading, take a break - it will only do you good.

Reason #4. Not provided credit (charge) card for withdrawal

Within the framework of existing legislation, licensed binary options brokers it is forbidden to withdraw to an e-wallet an amount greater than that which was deposited from it.

Recommendations from ForTrader.org: to simplify this technical moment of withdrawal, it is better to have a credit or charge card. At the moment - this is the most reliable and convenient way to deposit and withdraw funds when working with binary options brokers.

What do I need to know in order to withdraw my profits?

Unfortunately, most traders, in their desire to make quick money, do not read the terms and conditions of the client agreement, which often leads to their violation. However, as they say, ignorance of the law does not exempt from responsibility.

To avoid future problems with the withdrawal of money, the experts of ForTrader.org recommend to start working with a broker of binary options with the clarification of the following points:

• What documents are necessary to go through the verification procedure. It is necessary to take into account that the passport has an expiration date, as well as the presence of a credit (charge) card.
• How long does it take to withdraw funds. Money cannot be transferred instantly. The terms of application processing and withdrawal of funds are specified in the company's regulations and can take from 1 to 14 days.
• Conditions for receiving a bonus and the rules for working it off. As a rule, by working off the bonus is understood the commission of transactions on the same account to accumulate the necessary trading turnover. The trading turnover does not depend on whether the trade was profitable or unprofitable, but represents the sum of all funds invested in the trade.
• Rules and conditions for withdrawing profit. It is necessary to clearly understand how to withdraw the net profit received from the deposit, if its replenishment took place through an electronic purse.

So who makes traders suck? Binary options brokers? Well, except only on 5%. We do all the rest of the work ourselves, being lazy and disregarding the risks and our money. There is no scam. Binary options is almost a casino or a bet. And don't be offended by whoever wins that bet. No one promised you to lose, right?