“StochRSI for EUR/USD and GBP/USD” strategy
This is a simple binary options strategy for the EUR/USD and GBP/USD currency pairs. The signals received for trades are generated by the reliable StochRSI indicator. Currency pairs for trading allow you to work more efficiently, signals are frequent. Trading takes place up to 5 minutes.
StochRSI indicator settings
The period of the signal line is 10,
The period of the slow line is 7,
Anti-aliasing – Smoothed,
The levels for decision-making are 20 and 80, not the standard 30/70.
Buying a CALL option
We buy CALL options when the signal line crosses from bottom to top at the 20 mark:
Buying a PCI option
We buy put options when the signal line crosses from top to bottom at the 80 mark:
Comments of the portal Investmagnates.com
If you open trades only in the direction of the 30-minute trend, the result will be better by 38%, while the number of trades decreases. The ability to use multiple strategies for binary options can fill completely the trades of the day session.
Strategy “StochRSI for EUR/USD and GBP/USD” with the broker Olympus Trade
For productive trading and achieving the best results in trading, work in the terminal of the Olympus Trade broker. The modern platform offers all the necessary functionality for trading: a convenient personal account, analytics and transaction history, indicators, a choice of options and expiration (from a minute to an hour), market news and training materials.
You can get acquainted with real reviews of traders about Olympus Trade, as well as ask questions to professionals, 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.
Traders’ reviews about Olympus Trade
Bonuses of the broker Olymp Trade
The official website of Olympus Trade is popular with traders with regular promotions. Bonuses increase your chances of earning decent money without investing personal capital. Now you can take advantage of the starting bonus, which will double the deposit. The amount of the bonus depends on the amount deposited (according to the terms of the promotion).
Tagged with: Binary Options Strategy
