Binary Options Trading Strategy For MT4
Effective trading strategy allow to make minimal trading risk and open deals with high index of profitable for trader.
So, for work with strategy necessary to open MT4 (you can download terminal from official site).
Method of analysis, about which we will talk now, universal, you have right to choose any asset for deals. Also this strategy suitable for any timeframe. This trading strategy from trend strategies, you should enter in deal following trend.
For analysis need to choose linear regression (price channel), also RSI (Relative Strength Index).
Particular qualities about strategy:
- according to the standard indicator RSI you need to instal period 5;
- indicator of linear regression you can download from this link.
Rules for open transactions
Open the deal DOWN:
- indicator RSI there is outside of 70 level;
- price of asset increase until upper limit of indicator of linear regression and went through it;
- open transaction DOWN is available only according this intersection of level RSI.
Open transaction UP:
- indicator RSI there is outside of 30 level;
- price of asset reduced until lower limit of indicator of linear regression and went through it;
- open transaction UP is available only according this intersection of level RSI.
Several particular qualities of strategy and risk management
Very important to remember, that this trading strategy is trend, that’s why, when enter in trade, pay attention about trend direction and open transaction only to his direction. The main rule, if indicator of linear regression go up, you should open deal only up.
On this image you can see example:
Every trader knows, that for profitable deal need to make not only technical analysis, but also fundamental analysis, that’s why always always pay attention to economic events calendar, because news very day influence on assets of most world’s assets. You can open economic calendar in this link:
What about trading strategy, about which we talked, don’t open deal during two hours after the publication and also two hours before planned publication. You must wait this period, because volatility on market provoke change of direction of trend, as also volumes on market.
Your trading should follow rules of risk management, don’t put in one deal more than 2 % from size of your deposit. It’s easy, if you have on your account $500, bet on one operation must not exceed the amount in $5.
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