Nomad Strategy
A simple binary strategy is designed for trading classic options. Some traders use it to work with One touch options. This strategy came to binary options from Forex, becoming one of the most popular among traders of any level. In order to reduce the number of false signals, use additional indicators.
Features of the strategy
The Nomad binary options strategy uses standard indicators:
- two moving averages (EMA, periods: 5 and 12),
- RSI indicator (period: 20).
To confirm the trend, three timeframes are checked, which allows you to work most productively. The strategy is suitable for all assets.
Buying a CALL option
To purchase an asset, the following conditions must be met:
- Moving average 5 should be above moving average 12 and
- The RSI should be above the 50 level.
At the moment when these conditions occur on the daily, 4-hour and hourly charts, you can enter a trade:
Buying a PCI option
To purchase an asset, the conditions inverse to the purchase of a call option must be met:
- The moving average 10 should be above the moving average 5,
- RSI is below the level of 50:
Strategy “Nomad” at the broker FiNMAX
To make your trading comfortable and effective, pay special attention to the broker you work with. We recommend trading in the modern platform of one of the leading brokers among Russian traders, FiNMAX.
Advantages of the company: one of the most modern and most functional terminals, equipped with the necessary tools, a simple personal account, fast deposit and withdrawal of funds, transaction history, up-to-date analytics and news, and much more. You can see what the terminal workspace looks like in the image below.
A detailed review of the FiNMAX broker is here.
Go to the official website of the FiNMAX broker here.
In order to purchase a
CALL
option in the FiNMAX trading terminal, follow these steps by going to the finmaxbo.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 purchase a
PCI
option in the FiNMAX trading terminal, follow these steps by going to the finmaxbo.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.
FiNMAX broker bonuses
The official website of FiNMAX attracts traders with regular promotions and bonuses, which can be found here. By trading bonuses, you save personal capital without exposing it to the risks of loss and work much more efficiently.
Tournament on demo accounts from FiNMAX
Free tournaments of the official FiNMAX website are held for any market players who have a demo account with a broker. The tournament supports talented traders, providing an opportunity to get real money for further trading without replenishing the deposit. This money can be withdrawn in any convenient way or traded on the site.
Participate in the FiNMAX tournament
Tagged with: Binary Options Strategy • Classic Binary Option
