We present to your attention a simple but effective trading technique, which can be confidently attributed to the
best binary options trading strategies
.
Features of the Shot strategy
The proposed strategy is universal, profitable and quite simple. It is ideal for both novice traders and professional market players.
The peculiarity of the Shot strategy is that less common indicators
are used. However, the trading strategy allows you to accurately track market trends, overbought and oversold moments.
Preparatory stage
Before you start trading, prepare the necessary tools. In this case, you do not need the
MT4
trading terminal, just go to the site of a convenient interactive “
live chart
” and add the necessary indicators, for this:
Click on the tab “Indicators” – “Public” – select indicators:
- Squeeze Momentum Indicator
- CM Sling Shot System
Also set the following strategy parameters:
- Timeframe: 15 min. (you can use any timeframe in your work, however, as practice shows, the timeframe indicated here is one of the most profitable),
- expiration: 30 min.,
- Types of binary options: minute, classic, long-term,
- Assets: any.
Strategy Trading Rules
To buy binary options CALL and PUT strategy, follow these guidelines:
Buying a CALL option
- A green arrow should appear in the main quotes window, which indicates an upward trend in the market,
- The oscillator should turn green,
- As soon as a new candle opens, you can purchase a CALL option (for 2 candles):
Buying a PUT option
- A red arrow should appear in the main quotes window, which indicates a downward trend in the market,
- The oscillator should turn red,
- As soon as a new candle opens, you can purchase a PUT option (for 2 candles):
In order for the strategy to bring stable results, follow the recommendations of the material.
Strategy Tips
- Do not trade on this trading system during periods of important news, otherwise it may lead to losses.
- Be sure to test the strategy on the broker’s demo account before using it in real trading.
- Work only with a trusted binary options broker, study
the reviews of real traders about brokers
.
Shot Strategy at Binomo Broker
To make your trading effective, work in the terminal of a reliable binary broker, for example, Binomo. The advantages of working with the company are obvious: a convenient and functional platform with advanced settings and capabilities (chart types, indicators, mobile trading, a wide selection of options, expiration dates, etc.), convenient withdrawal and deposit of funds, many promotions and bonuses – all this makes binary options trading comfortable and profitable. You can get acquainted with real reviews of traders about the Binomo broker, as well as join the discussion of active traders here.
A detailed review of the Binomo broker is here.
Go to the official website of the Binomo broker here.
In order to buy a
CALL
option in the Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- 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 Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the 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 of traders about Binomo
Bonuses broker Binomo
A separate advantage of Binomo is the many promotions and offers, which you can find here. Working on the platform with bonuses, the trader not only gets a good chance of a decent income, but can also get the most out of trading faster.
Binomo Weekly Tournament
Weekly free tournaments from Binomo are an opportunity to get real money without your own investments. They can be withdrawn in any convenient way or put into trading with a broker. Such tournaments are held on Thursdays, traders with any experience who have a demo account with a broker can participate in them. The main prize, which is awarded to the winner with the highest profit during the tournament, is options in the amount of $ 150.
Participate in the Binomo tournament