The «Gunfire» Strategy For Binary Options

Efficient and stable forecasting of quotes in binary trading is the main factor influencing the final trading result of binary trading. To benefit on the market and achieve positive statistics on the market, binary traders use trading systems. We, in turn, want to offer “Gunfire” an interesting trading strategy in its architecture building and approach to forecasting. The signals of this system have an efficiency level of over 87%, and it leads to high dynamics of growth in operating capital. The rules and practical examples of the “Gunfire” strategy for binary options are listed below in this article.

 

The «Gunfire» trading strategy – indicator settings

Our system uses a combined approach to defining upcoming asset price movement trends based on automatic indicator metrics, where some means act as tools for generating entry points into the market, while others filter false trading levels. To build the technical template for the “Gunfire” strategy, install the following set of standard tools of analysis on the trading asset chart with a timeframe of 5 minutes:

  • The DeMarker indicator
  • The Wave Trend indicator
  • The CM SlingShotSystem indicator

Please note that the above list of automatic forecasting algorithms are not available on terminals for binary trading, and for this reason, we recommend using an additional technical service, https://www.tradingview.com. It offers live quote charts of all known financial assets and the complete list of technical analysis tools available on the market. After configuring the settings and installing the indicators, you will get the following technical chart markup:

The «Gunfire» Strategy For Binary Options

As a trading platform with optimally suited technical parameters for operation of the “Gunfire” trading strategy, we recommend the European Binomo broker’s terminal. This binary trading platform is characterized by a high level of security and offers the following set of services for the efficient trading of binary bets:

  • Speedy bet registration in 1.7 ms
  • A choice of 80 types of underlying assets
  • The ability to customize the technical timeframe of the chart
  • Contracts with a wide range of expiration – from a minute to a day
  • Position yields of up to 90%
  • The minimum requirements for trading – a trading account is 10 USD, the amount of the minimum options bet is $1

 

The «Gunfire» strategy for binary options – trading signals and practical trading methods

The format of system technical indicator signals for bets UP have the following format:

  • The DeMarker indicator – the line of this analysis tool intersects the lower level of the scale marked by a dashed upward line
  • The Wave Trend indicator – the green moving average of the indicator intersects the line in the form of upward crosses
  • The CM SlingShotSystem indicator – the moving averages converge and reverse upwards, with the color changing from red to green

The final signal to register a bet UP is the signal from the CM SlingShotSystem indicator:

The «Gunfire» strategy for binary options - trading signals and practical trading methods

 

The actual testing of trading position forecasting UP is conducted on the Binomo broker’s terminal using an operating chart with a timeframe of 5 minutes:

Trading position forecasting UP

 

The format of system technical indicator signals for bets DOWN have the following format:

  • The DeMarker indicator – the line of this analysis tool intersects the lower level of the scale marked by a dashed downward line
  • The Wave Trend indicator – the green moving average of the indicator intersects the line in the form of downward crosses
  • The CM SlingShotSystem indicator – the moving averages converge and reverse downwards, with the color changing from green to red

The final signal to register a bet DOWN is the signal from the CM SlingShotSystem indicator:

The final signal to register a bet DOWN

As in the previous example, we carry out the trading forecast on the Binomo broker’s platform:

The final signal to register a bet DOWN

 

 

Expiration and money management

For forecasting, we use a 5-minute technical timeframe for the quote chart, and the duration of the trading forecast generated by the “Gunfire” strategy is on average about one hour. Therefore, we use the average forecast metrics – the best period of expiry is the time period of 30 minutes to 60 minutes.

On the issue of risk management, we use the simple, classic rules limiting the volume of trading funds used to register bets – when working with the minimum amount of trading capital, we use trading contracts with the initial value; when increasing the amount in our account, we use bets with costs limited to 5% of our capital.


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