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Home / Best binary trading options strategies / The “String” – simple binary options trading strategy

The “String” – simple binary options trading strategy

The main and most important index for binary trading which leads market participants to success is consistently correct market forecasting. The better the trader’s statistics for successful forecasts, the more rapidly the financial index for trading grows. For these purposes, systems on the financial market utilize certain approaches or specialized technical tools to analyze current trading quote performance and, based on this, form projections for binary bets.

Thus, the market player gets an advantage and higher trading results. We offer you the exclusive, versatile, and technically simple “String” trading system, which allows you to achieve profitable forecast statistics at 90%.

The “String” trading system – technical indicators and tools

The technological instrumentation of the “String” binary strategy consists of the so-called Custom-indicators (proprietary technical analysis tools developed on the basis of known tools). For this reason, it is impossible to use the system directly on trading terminals specialized for binary contracts. However, by using an additional technical live chart service, https://www.tradingview.com, you can get the whole range of necessary operating tools and service capabilities for the application of the trading system.

So, to assess the current market indices of the “String” binary strategy, the following set of analysis tools is used:

  • The CM Ultimate MA MTF V2 indicator
  • The Premier Stochastic Oscillator indicator
  • The AK Trend ID indicator

The indicators are used in the standard settings mode and are installed on the M1 temporary timeframe of the technical quote chart. As a result, we obtain a forecasting template of the following type:

The CM Ultimate MA MTF V2 indicator

Now, let’s consider the question of applying the strategy signals into practice. This will require a highly professional terminal with a set of optimal services. The most interesting and effective one in this regard (high indices of capital gains obtained on the platform during long-term trading system testing) is the terminal developed by the Binomo broker. On this terminal, the trading participant has the opportunity to use the following service set for trading:

  • More than 80 kinds of financial assets for options trading
  • A trading chart with timeframe capabilities
  • Binary options bets with high liquidity – up to 90%
  • Quotes that most closely correspond to the technical chart of the auxiliary service
  • High-speed execution of contracts – 1.7 ms
  • The optimal period of expiration for trading positions – from 60 seconds to a day
  • Trading conditions with the minimum parameters – contract prices of $1, the initial level of investment from $10

Binomo Binary Broker Review

binomo-binary-options-broker

The “String” binary strategy – trading signals

To trade position bets UP, we use forecasts generated by strategy indicators with the following metrics:

  • The CM Ultimate MA MTF V2 indicator – asset quote price candles  intersect the level of the indicator upwards, and the dynamic moving average changes its color from red to green
  • The Premier Stochastic Oscillator indicator – the oscillator line of this Custom-indicator intersects the centerline upwards
  • The AK Trend ID indicator – the moving average of the technical tool changes its color from red to green, and intersects the zero level upwards

The Premier Stochastic Oscillator indicator

Having obtained this forecast for binary bets UP, we go onto the Binomo platform for trading, establish an appropriate chart timeframe (M1), and open a trading position:

The AK Trend ID indicator

To trade position bets DOWN, we use forecasts generated by strategy indicators with the following metrics:

  • The CM Ultimate MA MTF V2 indicator – asset quote price candles  intersect the level of the indicator downwards, and the dynamic moving average changes its color from green to red
  • The Premier Stochastic Oscillator indicator – the oscillator line of this Custom-indicator intersects the centerline downwards
  • The AK Trend ID indicator – the moving average of the technical tool changes its color from green to red, and intersects the zero level downwards

Binary strategy

Having obtained this forecast for binary bets UP, we go onto the Binomo platform for trading, establish an appropriate chart timeframe (M1), and open a trading position:

The Binomo broker

Taking into account the technical period settings for building strategy indicators, as well as the market time range that is assessed by the system, the optimal trading regime in this case involves the use of trading positions with intervals of expiration of 5 to 15 minutes. During this timeframe, the market forms from 5 to 10 quote candles on the chart and the price moves away as far as possible from the level of bet registration, which will eventually lead to a positive contract result.

Money management

In order to reduce trading risks and potential losses, we recommend using the following risk management limitations:

  • When trading on accounts of 100 USD or more, we use bets, the value of which does not exceed 5% of the amount of capital
  • When working on the minimum-size trading account, we use bets with the minimum cost size

 

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The “String” – simple binary options trading strategy updated: May 18, 2017 author: admin

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