Hey there!
I am very new here as a member, but i am reading in this forum since ca. 1 year.
Lately, i posted a Binary Options Strategy in this Thread:
http://www.forexfactory.com/showthread.php?t=499706
After getting request for more info, i decided to open this new thread. While i could answer your Pm, collaborating in a new thread is a lot better.
Firts things first:
I am still considering myself as a noob. I am not profitable but i am recovering
(Overall still lost money, but slowly making it back.)
Here it is; my Binary options Strategy:
Update!
You will need the following indicator
Bollinger Bands with
Moving Average: 20
Deviation: 2,3
on the
1M minute Chart.
Bollinger Bands with
Moving Average: 20
Deviation: 3,2
Rsi 7
This is it.
You trade simple „fallbacks into the BBs“.
If the price will go above the BBs, you will enter a 120sec Put Option.
I the price will go under the BBs, you will enter a 120sec Call Option.
In both cases the Rsi7 has to be in the Overbought/Oversold zone.
Wait for a candle to close, then open an option.
Only have one Option open at a time.
I am very new here as a member, but i am reading in this forum since ca. 1 year.
Lately, i posted a Binary Options Strategy in this Thread:
http://www.forexfactory.com/showthread.php?t=499706
After getting request for more info, i decided to open this new thread. While i could answer your Pm, collaborating in a new thread is a lot better.
Firts things first:
I am still considering myself as a noob. I am not profitable but i am recovering

(Overall still lost money, but slowly making it back.)
Here it is; my Binary options Strategy:
Update!
You will need the following indicator
Bollinger Bands with
Moving Average: 20
Deviation: 2,3
on the
1M minute Chart.
Bollinger Bands with
Moving Average: 20
Deviation: 3,2
Rsi 7
This is it.
You trade simple „fallbacks into the BBs“.
If the price will go above the BBs, you will enter a 120sec Put Option.
I the price will go under the BBs, you will enter a 120sec Call Option.
In both cases the Rsi7 has to be in the Overbought/Oversold zone.
Wait for a candle to close, then open an option.
Only have one Option open at a time.
- Avoid News
- Have a Profit Target! When you reached it, stop.
- Have a Max Loss! When you reached it, stop.
I hope, we will get this strategy to the green zone together!
Will post picture of latest trades i took