Trading strategy for binary options Turbo flight
Turbo flight strategy is intended for trade binary options and is built mainly on the basis of standard indicators. At the same time, the author of the strategy claims that the selected combination of indicators gives 90% correct trading signals.
Input parameters
- Currency pairs: any
- Timeframe: M5 and higher
- Expiration time of binary options: depending on the selected asset
- 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
- MACD Colored
- SMA (5)
- SMA (10)
- Stochastic (5, 3, 3)
- RSI (14)
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 Turbo flight
The schedule should look like this:
Signals indicating the opening of a long trade or the purchase of a Call option
- The SMA (5) crossed the SMA (10) from bottom to top;
- Stochastic and RSI indicators are in oversold area;
- The histogram of the MACD Colored indicator is increasing.
Signals indicating the opening of a short trade or the purchase of a Put option
- The SMA (5) crossed the SMA (10) from top to bottom;
- Stochastic and RSI indicators are in overbought area;
- The histogram of the MACD Colored indicator is decreasing.
Features of the trading strategy for binary options Turbo flight
- You should only buy a Call option if the previous signal was to buy a Put option and vice versa. Repetitive signals are ignored.
- Expiry periods depend on the timeframe used and the volatility of the asset being traded. For an asset with medium volatility, for the M5 timeframe, the expiry time will be 4-6 candles. For each asset and timeframe it is recommended to select the expiry time independently according to the quotes history.
Turbo flight trading strategy for binary options - is a classic combination of trend indicators and oscillators. It is quite possible that the replacement of standard indicators with their more advanced modifications can increase the effectiveness of trading signals.
Download Turbo flight trading strategy template and indicators