Trading strategy for binary options Binary Market
Binary Market trading strategy is built on the basis of an impulse indicator, whose signals are filtered using support and resistance zones. The Binary Market strategy is designed to trade binary optionsbut can also be used for classic currency pairs trading.
Input parameters
- Currency pairs: major pairs and stock indices
- Timeframe: M15 and M30 are recommended
- Expiration date: 3 candles
- 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
- Binary market
- Zone trading
- CandleCountdown
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 binary market
The schedule should look like this:
Signals indicating the purchase of a Call option (predicting an upward movement)
- The price rebounded from support areas (green)
- The yellow and blue lines of the Binary market indicator cross the horizontal green line upwards
Signals indicating the purchase of a put option (predicting a downward movement)
- The price rebounded from the resistance zone (red)
- The yellow and blue lines of the Binary market indicator cross the horizontal red line downwards
As we said above, the trading strategy Binary Market can be used for classic trading. In this case, the entry rules do not change, and when placing stop-loss and take-profit orders, the author recommends using the standard rules.
In addition, in the Binary Market strategy you can use Martingale principle with a multiplier range of 1.5 - 2.0.
The advantage of the Binary Market trading strategy is that its rules are very simple and will not cause difficulties for novice traders.
The timeframes given for trading are the author's recommendation. In principle, you can use any available time intervals, but the smaller the timeframe used, the more false signals will be generated by the strategy.
Before using trading strategy for binary options Binary Market on a real deposit, we recommend that you test it on a demo account.
Download Binary Market Strategy Template and Indicators
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