The «Noodles» Trading Strategy
The main requirements for the effective use of this binary strategy are the technical capabilities of the trading terminal and trading conditions that offer the opportunity to trade with minimum investments and allow you to apply the rules of money management established in the system. The necessary technical requirements are as following:
- The availability of indicators integrated into the platform
- A selection of underlying assets
- A good level of payment options
- Accuracy of the quotes and stability of the terminal at the time of binary trading
For the effective “Noodles” binary strategy, we have picked the best trading platform option – the Binomo broker’s terminal, which offers the following for trading:
- A set of precise indicators with the possibility of applying them to the trading chart
- An optimum set of underlying assets – more than 80 items
- Binary contracts with a payment level of up to 87%
- Quotes provided by a well-known global supplier, characterized by the highest level of accuracy and no hang-ups during terminal session.
In addition, the Binomo broker offers the lowest trading condition figures on the market: the size of the trading account required to access binary trading starts at 10 USD, the minimum cost of a contract – 1 USD.
The effective Noodles binary strategy, installing the technical indicators
To analyze underlying asset quotes using the “Noodles” trading system, you must install the following indicators on the chart:
- Simple Moving Average periodicity of 30
- Exponential Moving Average periodicity of 15
- Exponential Moving Average periodicity of 10
- Exponential Moving average periodicity of 5
- The RSI Indicator set at 10
As a result of installing the trading system indicators, the quote chart takes on the following form:
The Noodles trading strategy – registering trading positions
We do binary market UP contracts during the formation of the following strategy indicators:
- Moving average lines are marked on the chart in blue, they cross the moving average in an upward direction with a periodicity of 30
- The RSI indicator line crosses the level 70 upwards and enters the overbought zone
We do binary market DOWN contracts during the formation of the following strategy indicators:
- Moving average lines are marked on the chart in blue, they cross the moving average in an downward direction with a periodicity of 30
- The RSI indicator line crosses the level 30 downwards and enters the overbought zone
Expiration of contracts
The trading system shows excellent results when used for trading binary options contracts with an expiry time of 5 minutes. To increase the amount of profit from binary trading using the strategy, a series of turbo options contracts with a periodicity expiry of 180 seconds can be used.
The risk management system generates a list of rules: when managing a capital sum of more than 500 USD in binary trading, you can use contracts worth up to 5% of the total current assets in your trading account; when trading binary options with the minimum parameters of the trading account, we use contracts with the starting value. As we have said, the Binomo broker’s (visit website) trading conditions will help with this. Using the rules of registering contracts and money management of the “Noodles” trading system, the market participant is able to increase increase his volume of trading funds, on average by 200%, on a weekly basis.