Bollinger Bands Strategy
Binary options strategy based on the reliable Bollinger Bands indicator for trading on 15 minute charts. It has a simple principle of operation, suitable not only for professional traders, but also for options beginners. When used correctly, it can bring decent earnings.
Features of the strategy
The fifteen-minute Bollinger strategy shows the best results when trading currency pairs, because Volatility in this case is higher than that of other assets.
The strategy uses the Bollinger Bands binary options indicator with tinctures of 20.2 at the close.
Trading takes place with a classic option, expiration up to 2 hours.
Strategy signals
In order for options trading to bring you a good income, it is worth remembering how to enter the market correctly and open trades using the Bollinger indicator.
Buying a CALL option
- The candlestick breaks through the lower line and closes below the lower boundary.
- The next candlestick breaks through the line from bottom to top. After the breakdown, you can open a trade for up to 30 minutes.
- If the price breaks through the moving average of the indicator, we continue to buy.
Buying a PUT option
- The candlestick closes above the upper border, the next candlestick opens and breaks through the border from top to bottom.
- If the price does not break through the middle line, we expect the next signal.
Bollinger Bands Strategy at Olympus Trade
For the best trading result using the Bollinger indicator, we advise you to work in a reliable terminal of the Olympus Trade broker. The functional platform offers you a convenient personal account, analytics and transaction history, an expanded set of indicators, a choice of options and expiration (from a minute to an hour), current market news, training materials and much more.
You can get acquainted with real reviews of traders about Olympus Trade here. You can see what the workspace of the trading platform 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 by specifying:
- 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 an option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Bonuses of the broker Olymp Trade
The official website of Olympus Trade conducts profitable promotions for traders of any level. Participation in bonuses increases the chance of earning decent money without investing personal capital. Now you can take advantage of the starting bonus, which will double the deposit of the account.
Tagged with: Binary Options Strategy • Bollinger
