PGO Strategy
In fact, there are many trading strategies that help traders earn amounts on binary options on a daily basis. The main thing is to choose your trading system and work on it correctly. First, consider different analysis methods, there are strategies for different timeframes, different assets and different operating times.
Each strategy is interesting in its own way, you can work on one system at night, on another only with currency pairs, and on the third only on short time intervals. If you are reading about binary options for the first time, then do not think that this trading tool is difficult to work with, and you will not cope. For novice traders, the network offers a large selection of materials for self-education (there are useful articles and books on our website).
Therefore, it all depends on the desire of the trader. The size of investments can be different, it is not necessary to deposit large amounts into the transaction, there are brokers who allow you to open orders with small rates and at convenient trading conditions. The PGO strategy is one of the most interesting and productive for traders with any trading experience.
The principle of working on the strategy
Go to the online chart for strategy analysis. You can open the chart at the link here: https://ru.tradingview.com/.
Find a list of trading assets. For work, we opted for the EUR/USD currency pair.
It is also necessary to determine the timeframe is M5.
It is easy to add indicators to the chart, in the Indicators list, find the Public Library and among the presented indicators, find and add to the chart Stochastic RSI and 3 new Indicators – PGO.
If you have set it up correctly, you can see two indicators in the footer on the chart. The condition for opening a trade will be the moment when two indicators enter one of the zones at the same time (oversold or overbought) and then return to the zone of the neutral price channel.
The direction of the asset price should be chosen in the direction of the trend.
Buying a PCI option
- When both indicators entered the oversold zone and then went to the price channel zone.
- The signal candle closes and you enter trading on the next candle.
- The expiration date of the transaction should be taken for 2-3 candles: from 10 to 15 minutes.
- Forecast for changes in the price of the asset: down.
Buying a CALL option
- When both indicators entered the overbought zone and then went to the price channel zone.
- The signal candle closes and you enter trading on the next candle.
- The expiration date of the transaction should be taken for 2-3 candles: from 10 to 15 minutes.
- Forecast for changes in the price of the asset: up.
Now we will look at the chart, there are conditions for opening a deal, the direction of the price upwards. The conditions are obvious: the indicators simultaneously entered the oversold zone and returned to the price channel.
PGO strategy at Binarium broker
In order for the work on the PGO strategy to be the most productive and effective, we recommend trading in the Binarium broker terminal, which allows you to start trading even with minimal investments, the broker’s deposit is from 9 US dollars, and you can deposit an amount of 1 dollar or more into the transaction.
Among the advantages of the broker: a functional trading platform, a convenient personal account, promotions and special offers, the possibility of training, professional support. You can see what the terminal workspace looks like in the image below.
You can find out what binary options are, how to open positions on the broker’s platform, what are the features of trading on binary options, in the “Training” section on the Binarium website. All materials from the section are offered absolutely free of charge to all investors.
A detailed review of the Binarium broker is here.
Go to the official website of the Binarium broker here.
To start working on the PGO strategy, open the Binarium trading platform, go to the “Binary Options” section and prepare your option:
- Trading asset: EUR/USD/
- The duration is 15 minutes.
- The bet is $100.
- Forecast: up.
15 minutes have passed, the expiration period has expired and it is clear that the price has become more than at the opening.
The profit margin on the transaction was $182.
Binarium bonuses up to 100%
The broker offers novice traders of the platform a lucrative welcome bonus of up to 100% when replenishing a deposit in the amount of $ 30 or more.
Access to the Binarium trading room
Binarium offers its traders a unique lucrative bonus that will allow you to trade on the exchange without loss, working in the broker’s trading room with professional traders. In the trading room of Binarium there are not only investors of the company, but also a professional trader of the Binarium broker. Thanks to analysis and tips, it is easier to open trades, and most importantly, it is easier to make money.
The company’s investors suggest ideas to each other for buying options, share thoughts and trading ideas. The traders’ room allows the Binarium investor to see in front of him not only his screen, but also the analyst’s screen.
More about the Binarium trading room
