We present to your attention a simple binary strategy that will make trading a comfortable experience and bring decent earnings from the Internet.
Square Strategy
The Square strategy is short-term, perfect for options beginners, for those who are just planning to try their hand at real trading. The strategy refers to combined binary trading systems, here at the same time graphical figures are used to search for accurate signals, as well as reliable indicators. Thanks to the simple rules of the system, accurate signals (which will allow you to increase your capital by 150-200%) and effective risk management, it is profitable to work on this trading system.
Setting Up a Square Strategy
For trading, you will need special markup, which will be an excellent filter for accurate trading signals. It is also necessary to choose a broker that has a trading terminal with advanced technical capabilities (the ability to add and configure indicators, graphic elements, etc.). At the same time, the broker must offer favorable conditions for trading: the minimum possible deposit size, a large selection of assets, and increased payouts. In this case, I would like to highlight the Binomo broker, which will allow you to conduct perfect trading using this binary strategy. Having decided on a broker, go further. Now you need to add indicators to the chart:
- MACD indicator (standard parameters),
- RSI indicator (value 21, for the trend level – 50).
This is only the first part of the template.
Let’s move on to the second part: here you need to determine on the chart the area where the quotes have narrowed the amplitude of fluctuations as much as possible, form a rectangle figure with their extremes. This section should be marked with a channel (rectangle), here, when the price breaks through the boundaries of the channel, trading signals will be generated:
Trading with the Square Strategy
Buying a CALL option
The purchase of CALL options (up) must be concluded in the following case:
- On the chart, we observe the breakdown of the upper border of the channel (rectangle) by the price of the asset;
- A divergence appears on the chart in the upper direction of the MACD indicator lines;
- The RSI lines are above the 50 mark, crossing the 50 mark from the bottom up:
Buying a PCI option
The purchase of PCI options (down) must be concluded in the following case:
- On the chart, we observe the breakdown of the lower border of the rectangle by the asset price;
- Further, the MACD divergence in the downward direction occurs on the chart;
- The RSI lines are below the 50 mark, crossing the mark from top to bottom:
Expiration settings
Since the Square strategy determines the impulses of trend price movements that have a short-term effect, expiration is most suitable for trading: 1-2 minutes. It is these parameters that allow you to work effectively, price quotes allow, moving away for a sufficient segment of the chart, to bring a decent income on transactions.
Risk management
Trading on short-term strategies is characterized by increased risks, and in order to protect your funds from losses, you need a favorable balance of profit and loss, setting a financial limit for transactions. So, the transaction amount should not be more than 2-3% of the amount of funds on the deposit. For example, Binomo has a minimum option size of $1, which is convenient and affordable for trading!
Square Strategy at Binomo Broker
For the most comfortable trading on a binary strategy, we advise you to trade in the Binomo terminal. Advantages of trading with a broker: a functional platform, advanced customization options (chart view, indicators, mobile trading, a wide range of options, expiration dates, etc.), convenient withdrawal and deposit of funds, promotions and bonuses – all this makes binary options trading much more profitable. You can get acquainted with real reviews about the Binomo broker, as well as get involved in an active 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 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 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
