In trading, it is important to be able to determine the dynamics of the price of assets and this sometimes becomes a whole “stumbling block” in the work of traders. If you work in the market at random and guess, this will lead to the fact that you will “merge” your entire deposit and be disappointed in binary options. It remains to look for trading strategies that can most accurately interpret the state of the market. The search for such a profitable binary strategy is something that already experienced trading players come to.
We present to your attention a simple non-standard strategy for trading binary options Pandora Box, which will be convenient for a trader who has experience in successful technical analysis. The binary system generates accurate market entry signals, guaranteeing an influx of profits to your deposit.
Features of Pandora Box Strategy
Although beginners often think that trading binary options is easy, the reality is quite different. It is often difficult to understand the future dynamics of the price, because Quotes can make unpredictable maneuvers and complex moves, so determining the movement of the price chart resembles a “Pandora’s box” with unforeseen surprises.
Today we will tell you about a strategy that can make trading an understandable and predictable process. The strategy uses reliable technical tools of the trader, indicators that can clearly indicate the entry into the transaction. Its advantage is that it provides a stable income.
Pandora Box Strategy Settings
- Timeframe: M5 (can be higher).
- Expiration time: 10-30 min.
- Options: classic binary options CALL and PUT, Range, One-Touch.
- Pairs: standard pairs GBP/USD, AUD/USD, USD-EUR/USD
- The strategy is traded in the Metatrader4 terminal (download).
The following indicators are used:
Tk. not all of these tools are available in the MetaTrader terminal, we recommend downloading the strategy template and installing it in MT4. Download the template and unpack the archive. You will see 2 folders:
- Indicators. You can read how to install indicators in the MT4 terminal here.
- Template. The template must be installed in the MT4 platform, in the templates folder.
Once you install these folders on the root system of the terminal, close it and reopen it. If everything is done correctly, the price chart will look like this:
We recommend using all indicators in this strategy in the standard settings. If you trade with a timeframe of 5 minutes, it is better to choose an expiration time of about 10-30 minutes. The larger you choose the timeframe, the longer the expiration should be, but on long timeframes you can get the most accurate signals.
Pandora Box Binary Strategy Trading Rules
In order for your trading to be effective, it is worth entering a trade only after the signals of the system indicators. All these tools generate up-to-date information about the state of the market and generate accurate signals for entering a position.
Buying a CALL option
To buy a CALL option, wait for the following signals:
- The MACD should be at the zero level and move in the upward direction,
- RSI crosses the 45 mark,
- Delta crosses the chart and tends downwards,
- Trend magic should be blue,
- Heiken Ashi – blue,
- The MA in color line should also be blue,
- Channel Round Price NE – the line should go beyond the lower limit:
Buying a PCI option
To buy a PUT option, wait for the following signals:
- The MACD should be at the zero level and move downwards,
- RSI crosses the 55 mark,
- Delta crosses the chart and tends upwards,
- Trend magic should be green,
- Heiken Ashi – green,
- The MA in color line should also be green,
- Channel Round Price NE – the line should go beyond the lower limit:
Results of the strategy
The profitable Pandora Box system is more suitable for professional traders who have experience with strategy indicators and technical analysis. If you follow the indicator signals, the percentage of profitable trades will be quite good (3:1, 1 losing trade and 3 profitable trades). It is worth using any currency pairs in the strategy, but, since with short-term trading, it is unlikely to see significant price fluctuations, it is worth working with EUR/CHF, EUR/GBP pairs.
Pandora Box Strategy at Binomo Broker
In order for your trading to bring you a good income, it is worth working in a reliable trading terminal of a trusted broker, for example, in the Binomo binary broker platform. Among its advantages: a functional terminal, advanced customization options (chart types, adding indicators, the possibility of convenient mobile trading, a large selection of options, expiration dates, etc.), convenient withdrawal and deposit of funds, a large number of promotions and bonuses – all this makes trading binary options with Binomo much more profitable. Get to know the reviews of real traders about Binomo, as well as take part in an active discussion of 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 should be considered a large number of 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 the binary broker 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