Trading strategy for short-term binary options
Presented trading strategy for short-term binary options is the simplest system for trading 5-minute PUT/CALL options and due to its simplicity will be in demand even by beginner traders.
Input parameters
- Currency pairs: any.
- Timeframe: M5 (5-minute options are purchased).
- Trading hours: London and New York sessions.
- Risk management: choose such a volume of option, so that the risk was not more than 2-5% of the deposit per trade.
Installing indicators and trading 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 BinaryOption.
- Switching to timeframe M5.
The schedule should look like this:
Signals indicating the purchase of a CALL option (predicting an upward move)
- A candle was formed with a yellow arrow up.
- During the formation of the next candle there was a blue arrow with a green arrow inside.
- During the formation of the second candle, we buy a CALL option (the above arrows must appear one after the other).
Signals indicating the purchase of a PUT option (predicting a downward movement)
- Formed candle with a yellow down arrow.
- During the formation of the next candle appeared a red arrow, inside which is a pink arrow.
- During the formation of the second candle we buy a PUT option.
According to the experts of ForTrader.org, the trading strategy for short-term binary options attracts its simplicity, but the principle of signal formation requires the introduction of additional filtering indicators.
Download templates and indicators