Chaikin Oscillator Strategy
This binary strategy is designed for novice traders, and professionals often use it for trading. Its advantages are that it is easy to use, does not have complex settings, and gives good results. Trading takes place on a 1-minute chart, it is best to choose volatile instruments, for example, currency pairs are considered the best option.
Features of the strategy
In the strategy, only the binary indicator Chaikin Oscillator (CHO) is used to search for high-quality signals (parameters: Long – 10; Short -3).
The trading system gives about 85% of positive trades. If you work with additional filters of false deals, its results increase. Any trend indicator can act as a filter. All trades are opened only with the trend, which is considered a reliable way to work in the market.
Strategy signals
A high-quality signal for making a transaction is considered to be the crossing of the zero level:
- The crossing of the zero level by the oscillator from bottom to top is a signal to buy a call option,
- The crossing of the zero level by the oscillator from top to bottom is a signal to buy a put option.
CHO strategy at Olympus Trade broker
In order for trading with the CHO indicator to give you the best results, work in the terminal of a trusted broker Olympus Trade. The modern platform has the necessary functionality for trading: a convenient personal account, up-to-date analytics, a detailed history of transactions, a set of indicators, a choice of options and expiration (from a minute to an hour), market news and much more.
You can get acquainted with traders’ reviews about Olympus Trade, as well as ask questions to professionals, here. You can see what the workspace of the trading platform looks like in the image below.
A detailed review of the Olymp Trade broker is here.
Go to the official website of the broker Olymp Trade here.
In order to buy a
CALL
option in the Olymp Trade trading terminal, follow these steps by going to the olymptrade.com website and preparing an option by specifying:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy a
PCI
option in the Olymp Trade trading terminal, follow these steps by going to the olymptrade.com website and preparing an option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Real reviews about Olympus Trade
Bonuses of the broker Olymp Trade
The official website of Olympus Trade pays special attention to stocks for its traders. Bonuses can increase your chances of earning decent money without investing personal funds. Hurry up to take advantage of the starting bonus, which will double the deposit. The amount of the bonus depends on the amount deposited (according to the terms of the promotion).
Tagged with: Binary Options Strategy
