Trading strategy for binary options Binary Divergence Boom
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