trend following strategies binary options
Trend following BO – 60 second binary options trend following strategy is fast paced, momentum and trend following strategy. While the strategy makes use of only ane indicator, the key to success with this strategy is how fast you tin execute a trade when the indicator gives a signal.
Who is this strategy ideal for?
Beginners and advanced traders alike can make use of this trading strategy. Simply as we mentioned, it is all about the speed as some times price can move and so fast that by the fourth dimension a binary options merchandise is placed, you might end up getting a new reverse bespeak.
Indicators
- SixtySecond Trade indicator
- Chart Time frame: 1 minute
The 60 second trade indicator is nothing but based on ADX (48) settings. Traders would know that ADX indicator is a tendency oscillator and one which does a good job at showing when a new trend is starting or when a trend is going to cease.
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Signals
For Put Options
- Place a Put option when the 'Reddish' dot appears on the chart with a 60 second expiry
For Call options
- Place a Phone call Option when the 'Light-green' dot appears on the nautical chart with a 60 2d expiry
Trend post-obit BO strategy Examples
Put Option
- Once the 'Ruddy' dot appears on the screen, place a lx second trade for a 'Put' option
Call Option
- When the Green dot appears on the screen, place a 60 2d trade for a 'Call' option
Strategy Tweaks and Tricks
While the strategy looks robust the way information technology is, the principal factor is multiple signals. As shown in the 'Phone call Choice' example chart, we had 2 consecutive green dots, meaning two Call options for threescore second death followed immediately by a 60 second red dot or 'Put Choice'.
It is like shooting fish in a barrel to get lost with the signals and finish upward making messy trades. So discipline is of utmost importance for this strategy.
Conclusion
Trend post-obit BO strategy is a very robust and simple trading strategy that requires a trader to be fast to place the trades. Besides, be conscientious with multiple signals which can create defoliation.
Download Free Trend following BO strategy
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Hither screenshot:
Source: https://www.profitf.com/binary-options-strategies/trend-following-bo-strategy-60-sec/
Posted by: booneareamithat.blogspot.com
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