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Very simple but powerful strategy

srichennaitrader
srichennaitrader Posts: 2 ✭
in Binary Options Strategy
HI traders

I am following a simple but powerful strategy

requirements:
you need only one indicator Bolinger Band


chart setup:

5 min candle with BB (20,2) default setup

Trade

Buy immediately ( next candle) when price touches upperband ( expiry 5 mins)

Sell immediately ( next candle) when price touches lowerband ( expiry 5 mins)

Note: trade should take place exact 5 mins candle starts

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Comments

  • drenatan
    drenatan Posts: 10 ✭
    Thank you for sharing your trading strategy. Bollinger Bands are a popular technical indicator that can be used to identify trends, volatility, and potential buy/sell signals.
    Keep going)
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