Strategy “Duet”
The trading strategy we offer is one of the most profitable and most popular today. In many ways, it received such a rapid spread among traders due to the simplicity of the principle of operation and excellent performance. Both options beginners and professional traders can easily work on this trading system. Testing of the system showed more than 70% of profitable trades.
Features of the strategy
Strategy trading is based on technical analysis, perfect for working with any currency pairs, any trading session (European, American).
Price corridor
According to this strategy, the trader analyzes the dynamics of the exchange rate within the framework of the “price corridor”, the so-called area in which the price indicator will be without falls and jumps. In the event of market changes (news, statements by top officials of companies, etc.), the price line will show a fall or growth, break through the walls of the corridor.
Having managed to predict such moments of breaking through the boundaries and returning the indicator to the framework, trading participants will be able to profitably purchase an option to increase or decrease, earning a decent income.
Preparatory stage
The strategy has the following settings:
Chart type: candlestick,
Currency pair: any (for example, we use the pair of the US dollar and the Japanese yen),
Timeframe: 15 minutes.
Strategy indicators
The strategy uses basic technical indicators that need to be added to the chart of the MT4 terminal (download):
- Bollinger bands (standard settings),
- Envelopes Envelopes (standard settings).
You can see what the chart looks like with the right settings in the image below:
How to trade with the “Duet” strategy
Buying a CALL option
A call option buy signal occurs when the candlestick crosses the two lines of the Envelopes and Bollinger Bands indicators from top to bottom.
Buying a PCI option
A buy signal for a put option occurs when the candlestick crosses both the Envelopes and Bollinger Bands lines from bottom to top.
Important!
It is necessary to take into account the intersection of indicators only through 2 bands, in the event that the third line (the middle of the channel) also intersects, we do not conduct a transaction.
Strategy “Duet” at the broker Olympus Trade
For effective trading on the “Duet” strategy, we recommend choosing the terminal of a reliable binary options broker Olympus Trade. The trading platform has the necessary functionality for work: a personal account, convenient analytics, an expanded set of indicators, an economic calendar, etc.
You can get acquainted with the current reviews about the broker Olympus Trade, as well as ask a question to traders, here. You can see what the terminal workspace 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, 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 Olymp Trade trading terminal, follow these steps by going to the olymptrade.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.
Read reviews about Olympus Trade
Bonuses of the broker Olymp Trade
Working with Olymp Trade is not only comfortable, but also profitable, the broker constantly holds promotions for users. The advantage of such bonuses is that additional funds will expand opportunities and increase the chances of earning good money without investing personal funds in trading.
Now the broker offers a profitable starting bonus to newcomers to the platform, which will double the bonus amount. The size of the bonus will depend on the amount of the deposit made (according to the terms of the bonus funds), which you deposited into your account within an hour after registering on the site.
