Proven strategy for binary options. Strategies for trading binary options and reviews from traders about their use

Despite the differences in trading currency pairs and purchasing option contracts on them, this practice of exchanging experience is still relevant today.

In turn, the Forex market borrowed one of its trading tactics from gamblers - casino gamblers. It consists of unidirectional trading with the constant opening of orders when the loss increases by a certain amount. And today we want to offer you two strategies for working with averaging positions in binary options: simple and advanced.

We present to your attention an interesting DayProfit for purchasing contracts of the “Higher/Below” type (Call/Put). In essence, this is a full-fledged trading system that works on intraday reversals that precede microtrends. The tactics used help identify areas of extreme deviations, so it makes a profit on most Call/Put options purchased.

Entry points are determined by a complex vehicle consisting of a set of traditional and custom oscillators.

Many beginners at the beginning of their career are looking for trading tactics that will allow them to successfully not only increase their deposit, but also consistently earn a plus. They begin to go through all the available indicators without stopping at any of them. They often resort to complex tools, delving into signals without even knowing the basics of technical analysis. However, experienced traders always say that a reliable binary options strategy is always the simplest tactic. There is no need to complicate the already difficult life of a novice trader.

A common mistake most beginners make is they chase easy and quick money. Therefore, they plunge headlong into turbo options. Yes, you can really earn a lot and quickly with them, but only for professionals. At first, it is better to forget about lower timeframes and focus on 15-minute and older ones. Here, signals will arrive rarely, but they will be much higher quality.

Almost without exception, beginners come to the conclusion that the more complex the indicator, the better it is. This is facilitated by an overabundance of information about binary trading on forums and on the Internet. Often even their chart contains 10 or even more indicators. As a result, only confusion arises in the head, which is always guaranteed to lead to the loss of the deposit.

Plays an important role in future success recognition of losses. Beginners, on the contrary, want 100% reliable tactics for binary trading that will bring absolutely no losses. Experienced traders say that it is impossible without them. Beginning traders, on the contrary, consider them fools, because after a couple of days of training on a demo account they will be able to work better than those.

Of course, no one wants to lose. But this is part of a trader's job. And the sooner you understand this, the sooner you will start working at breakeven. Yes, exactly at breakeven, because profit will not come to you very soon.

How to become successful in trading

It is not without reason that they say that the same trading system can be profitable in the hands of one trader and unprofitable in the hands of another. It would seem, how is this possible? After all, both trade using the same indicators.

It's all about trading psychology. One person can control them, but another can no longer control them. Each person is individual in their own way. And everyone needs their own strategy. Yes, it can be based on a ready-made one. But you will refine it based on your fears and trading characteristics.

  1. A successful trader is, above all, cool-headed. He treats losses and profits equally.
  2. Discipline comes first. Never give in to euphoria from success and panic from losses.
  3. Always follow money management. Determine for yourself the maximum amount you are willing to lose and win in one trading day. When you reach them, stop trading immediately.
  4. A reliable strategy for binary options should be simple and understandable to the smallest detail, first of all for you.

Only after this is it worth looking for a strategy and working it out in practice.

As we already said at the beginning of the article, it is better to make fewer trades per day, but profitable ones. Don't chase quantity, quality is important.

It is much better to make one deal per day, but a beautiful one! You will feel proud of its thoughtfulness. A large number of deals will only exhaust you mentally, and this always affects quality first of all.

Examples of effective trading tactics

Well, now, at the end of the review, we will give you two good tactics that can form the basis of your own.

  1. Reversal Doji.

Candlestick analysis and Price Action are some of the best methods for analyzing the market without using any indicators. As you know, the latter are likely to lag, especially on higher timeframes.

At first, beginners are very intimidated by the wide variety of candlestick patterns. It is not at all necessary to study them all. It is enough to use a couple of the most common ones. One of them is Doji.

This is a reversal pattern that often leads to a change in trend. If you see a Doji candle on the chart, then most likely there will be a trend change.

Doji occurs on all timeframes, but it shows the most effective results on higher intervals (15 minutes or more).

This candle signifies uncertainty in the market. The signal will be strongest at the key support and resistance lines. Moreover, after its formation, you should wait for the next candle, which will be opposite to the one before our signal.

  1. Moving average crossover.

This reversal indicator is often used by experienced traders. Moreover, it is very easy to understand for beginners. Almost any reliable binary options strategy includes a moving average.

The intersection of moving averages perfectly determines the moments of trend reversal. Let's take, for example, a 30-minute chart and two MAs with periods of 5 and 20.

The screenshot clearly shows that this method gives positive results. It is important to learn to distinguish an upward reversal from a downward one. If MA5 crosses MA20 from bottom to top, then we conclude the option Above, and if from top to bottom, then we enter Below.

It is extremely important to open a trade only after the intersection has occurred, not before.

Moving averages are a universal tool. Traders often change its periods to achieve maximum efficiency. You can also experiment with this on a demo account, choosing the best option for yourself.

Conclusion

Any reliable binary options strategy is first and foremost a simple tactic. It is selected individually for each person. You can use any of our relevant sections and try it out. If the result suits you, then you can continue to trade with it on a real account, periodically improving it and slightly changing the parameters.

One of the trading strategies that deserves the attention of traders is the 15 minute binary options strategy. To get started with the strategy, you don't need additional programs, you only need online schedule. Below you see a link to the chart: http://graffic.binarium.ru/ The 15-minute strategy uses two indicators that filter each other’s values, cutting off unnecessary indicators. The trading strategy is distinguished by its versatility, [...]

First of all, I would like to say that “Scalping” did not appear along with binary options. This strategy was and is currently relevant in Forex. What is the essence of such a strategy? A trader can make several transactions at one time, each of them will not bring big income, but due to the fact that they occur at the same time [...]

So, I’ll immediately note that this article will probably be of interest only to beginners in working with binary options; experienced investors already know everything about it. What will this article be about? I will tell you about the support level and the resistance level, in addition, I will explain what the levels do. How to build them, what additional schemes can help us […]

Every day new strategies for trading binary options appear. But, naturally, all of them will not work for you. If we don’t thoroughly study and test them ourselves, but simply start trading using them, nothing will work out. No experienced trader will trust a strategy unless he tests it several times, but a beginner […]

This is a truly effective and profitable strategy, which we simply could not help but tell our readers about. Thanks to the diagram below, you will be able to understand exactly when and which option to buy. It doesn’t matter whether you trade binary options “Range” or touch options. The strategy will work in both cases. First of all, the strategy is a technical indicator. She […]

There is such a term as “Stochastic Oscillator”. It is familiar to absolutely every experienced trader, and will allow for competent analysis. Basically, Stochastic is not used separately, but in conjunction with any other indicators. This is because this indicator has too few parameters, which is why you may receive erroneous signals. If Stochastic has large parameters, but the signals […]

The advantage of this strategy is that you don’t have to spend a lot of time to understand it. And, despite its simplicity, it can bring you good profits. And this is, in principle, normal. Because well-designed schemes are usually brilliantly simple. If you suddenly become interested in this strategy, you shouldn’t worry about your inexperience. Any beginner […]

With the covered call strategy, we can accomplish several goals: Good profit, which will grow from the sale of other binary options at the expense of the portfolio financial investments, which we will need to implement. Benefit from getting rid of your existing call option. It doesn’t matter whether you are an experienced trader or just learning the basics financial market. Anyone can use this strategy […]

While many, in search of the ideal strategy for binary options, go into the deep jungle, going through more complex ones each time trading systems, in fact, simple vehicles are the most effective. Because good strategy- this is, first of all, not the number of indicators used in it, but simple and understandable signals, competent management risks and capital. The clearer the signals, the easier it is for a trader to make the right decision, and such signals are present only in simple strategies.

Best Binary Options Strategies

Line Bounce Strategy

A popular strategy for making money, which is based on basic knowledge of technical analysis, is to identify support and resistance lines (levels that the price cannot overcome) and the subsequent rebound of the asset price from these lines. There are many video tutorials on how to find these levels, so we won't talk about that and get straight to the strategy.

First, you need to find an asset with a clear price movement in one of the directions: up, down or sideways. For example, like on the US dollar/Swiss franc (USD/CHF) currency pair.

One of the advantages of this strategy is that it allows you to trade at any time. Whereas most strategies and indicators are designed for use only in a specific market, for example, an upward or sideways one.

Visually determine on the chart the support and resistance lines at the highs and the minimum of the price movement. Then, using the graphical tools built into the IQ Option platform, we draw lines.

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After this, you need to wait for the price to reach the upper resistance line or the lower support line (if the trend is upward or sideways). If the trend is downward, then the lower line will be resistance and the upper line will be support.

In this example, we see that the price is already at the upper resistance line, that is, according to the strategy, it can now rebound. You need to buy a put option. We look at the further price movement.

As you can see, there was a rebound, which means the strategy is working, and in this place you could already make a profit.

The strategy works in exactly the same way for lateral movements.

The chart shows a sideways movement in the price of the Australian dollar/US dollar currency pair. We wait for the price to reach one of the lines and see what happens next.

As we can see, the strategy worked again and there was a rebound from the resistance line.

Even though these are two randomly selected trades, naturally, not all of them will be profitable. But in order for most transactions to be profitable, there are several important rules that need to be remembered:

  1. If the price does break through the level, then the resistance becomes support and now you need to wait until the next candle closes above the level. Then enter a trade to continue the price movement. That is, we buy an option not for a rebound, but for a continuation - up. In the same way, we enter into a trade to continue the price decline if the price has consolidated below the support level.
  2. If the price bounced off the line 2-3 times, you can confidently work with this strategy. But if the price has already bounced 5-6 times, it is possible that there will be a breakdown of this level. In this case, it is better to look for another asset to trade.

Pin Bar Strategy

The most popular binary options strategy among beginners and the signal that all professionals eagerly use is the pin bar. Short for Pinocchio bar, which takes its name from the famous fairy tale character, because this candlestick pattern has the same long nose in the form of a candle shadow. You can also very often find this pin bar called Pinocchio or Pinocchio strategy.

In addition to the pin bar itself, the pattern is formed by candles standing on the sides, which are considered its eyes. In this case, not only the long shadow and short body of the candle are important, but also how it is located between these eyes:

It is thanks to this simple configuration of the pattern that the strategy based on it has gained great popularity. After all, anyone can easily see this pattern on the price chart. At the same time, it is a very strong signal to buy an option up or down, depending on the direction of the nose. Moreover, pin bars can be found on the chart of any underlying asset and on any time period. Thanks to this, wide trading opportunities open up for the trader.

Rules for trading pin bars

The pin bar must meet certain conditions:

  1. The body of the candle should be five times less than the length of the shadow of this candle - the smaller the body, the better.
  2. The body of the candle should not extend beyond the eyes, that is, be higher or lower than the side candles (but this is ideal).
  3. The opening and closing of the candle body always occurs within the range of the candle on the left (pay attention to the screenshot above - the body of the candle with a long shadow (nose) is within the green candle (left eye).
  4. It is desirable that the candle closes in the direction opposite to the movement of the chart. That is, if the shadow is up, the close should be lower than the opening price and the candle will be red, as in the screenshot above. This is a stronger signal.

If the pattern does not meet all of these conditions - an imperfect pin bar, for example, on a bearish combination the nose is green or higher than the left candle, then for successful trading additional filters must be used. Such simple ways will tell you whether such a pattern gives a correct signal or not:

  1. Strong support and resistance levels located nearby. If there are any, then the factor of rebound from the line is additionally included here, as in the strategy described above, which, in turn, strengthens the pin bar signal.
  2. A long moving average with a period of 200. If the pattern is below it and gives a signal to buy a down option, this is an additional plus in favor of the pin bar. If the pattern is higher, it is preferable to trade bullish pin bars.
  3. You can use price highs or lows for a specific period, such as a day, a week or a month.

How to trade pin bars

It is best to trade pin bars on an hourly time frame. Then the signal will be more reliable. Although on the Internet you can find video examples of how to trade even on minute charts. In addition, two more important points should be taken into account:

  • if several pin bars (noses) are located nearby, giving a signal in one direction, this significantly strengthens the signal;
  • A pin bar can be traded not only for a reversal, but also for a continuation of the current trend.

Determining the direction of this pattern is very simple. If the shadow of the candle is up, regardless of whether it is an uptrend or a downtrend (the main thing is that the pin bar meets the conditions), we buy a down option.

If the shadow of the candle is down, we buy an up option.

That's it, everything is really simple and at the same time effective. The strategy based on pin bars is rightfully considered one of the best. To better understand the essence of the strategy, watch this video:

Strategy “3 black crows and 3 white soldiers”

Also very simple and very effective strategy for trading binary options, which is focused on making a profit when the trend changes. Does not require any indicators, analysis is carried out exclusively on candlestick patterns.

Three black crows are a pattern that appears on the chart after a strong uptrend. To trade this candlestick pattern, you need to find a strong upward price movement on any asset and wait for 3 candles to appear in reverse side. You must enter the trade after the third candle closes, buying a down option.

In the classic version of the chart, the candles are not green and red, as in IQ Option, but white and black. Hence the name of the patterns. By the way, according to user reviews, this color is even more convenient for many than the classic one.

Three white soldiers - the same as the previous pattern, only in the other direction. That is, it indicates the end of a downward trend. Therefore, you need to wait for three white (in our case green) candles to appear after a strong downward movement.

It is also necessary to enter into a trade after the third candle closes.

Despite the simplicity and effectiveness of this binary options strategy, all trades will not be profitable for you. Having studied user reviews and from our own experience, in order to have as few losing trades as possible, we offer you a few simple rules:

  1. A trend movement in one direction must consist of at least 7 candles. It is allowed that two candles can be neutral or 1 candle in the other direction.
  2. You can trade using this strategy on turbo options, conducting analysis on the minute chart or on daily options, using the H4 time period (4 hours). We recommend using day options or One Touch options.
  3. It is recommended to use highly volatile assets for trading. For example, currency pairs EUR/USD, GBP/USD, EUR/JPY GBP/JPY. But in general, you can look for suitable patterns in all assets, including stocks and indices. Main? correctly calculate the expiration time of the option.
  4. When doing analysis on a minute chart, enter into turbo options transactions using a 4-hour chart, buy options with an expiration date of at least 24 hours.
  5. For each trade, use no more than 5% of your deposit.

All three strategies above can be used individually or together. The simplicity of the patterns used allows even beginners to identify them with a high degree of accuracy and achieve 75-80% successful trades, which makes them the best for most traders. The main thing is to observe money management, and not start increasing the amount of transactions after the first two or three successful transactions. Otherwise, you risk losing everything you earned in an unsuccessful transaction.

Traders who have used these strategies in their work are overwhelmingly positive and are exploring other strategies based on other candlestick patterns, as it is really simple and effective. But there are also neutral reviews from traders who were unable to trade with these strategies due to certain circumstances.

For a long time I tried to trade using the popular system of three Elder's screens, but apparently not mine, it didn't work out. But price action and the patterns used in it: pin bar, bullish and bearish engulfing, black crows and others really work. After studying the reviews, I began to look for only the right patterns, thanks to which I began to earn a little, but consistently. Every month I make a profit, because almost 90% of transactions are in the black.

Ramzan, Tbilisi city.

I trade on rebounds from support and resistance levels, as well as their breakdown. Only an example of a rebound is described here, but I want to say that the strategy for a breakout is no less effective. Just after the price has touched the support or resistance level 5-6 times, you can trade for a breakout. In general, the strategy is very good, but there are also pitfalls such as false breakouts. Therefore, I strongly advise everyone who is just starting out to first trade for two weeks on a demo account, and only then move on to real trading.

Timur, city of Pereyaslav.

For two years now I have been trading binary options only with pin bars. At first I didn’t really understand this trading strategy, traded everything, so out of 10 trades there were 6 unprofitable ones. I decided to figure it out better. I read a few more descriptions and reviews of people about the pin bar strategy, only then I realized what I had missed in my trading. I learned to distinguish between good and bad pin bars, and most importantly, having figured it out, I began to make money even on bad ones. As a result, on average, 8 out of 10 trades are consistently in the black. I wish the same for everyone.

Marina, Omsk city.

Every day I trade using the three black crows strategy, but only on currency pairs. I tried it on stocks, but I couldn’t find the expiration date, and as a result, all trades were in the red. It’s easier with currencies, and they move faster, so even when I accidentally set the expiration date to 1 hour instead of 4 hours, I still made a profit. And when the crows come after a candle with a long shadow, you can actually go in with your eyes closed. I recommend to everyone.

Konstantin, Volyn city.

Be that as it may, you still cannot do without trading tactics. The most best strategies binary options for each trader, these are those that he himself developed for himself based on his many years of experience and observation of the markets. But it will take a lot of time until a beginner, or even a trader with average experience, has enough knowledge and practice to develop just such a one for himself.

That's why the best option in this case, use the experience of others as a basis.

So, on the Internet, on specialized forums and websites, you can find hundreds of thousands of trading methods and systems. Let's be honest, most of them are 100% garbage. But among this garbage there are also diamonds - tactics that work great in certain conditions, as well as those on the basis of which, with the help of minor changes, you can create a system that will generate money.

First, let's figure out what a binary options trading strategy actually is? Roughly speaking, this is a set of rules that must be followed when trading binary options or any other financial instrument. The development of this set of rules ideally consists of 8 steps:

  • Definition of rules
  • Formulation (“translation” of the rules into a kind of algorithm),
  • Primary testing
  • Optimization,
  • Efficiency mark,
  • Trading on a real account,
  • Profit tracking,
  • Improvement and creation of the final version.

According to professionals, profitable strategies for binary options must necessarily include clear rules for making transactions, clear rules for money management, an indication of the percentage of profitable transactions for a certain period of time, as well as clear instructions when a transaction does not need to be made.

Something else you need to know about trading tactics: they are all based on technical and/or fundamental analysis. Purely technical ones use chart figures (patterns), candlesticks, indicators, price action, support and resistance levels. And the fundamental ones are based on macroeconomic and geopolitical events.

What does the best strategy look like?

A basic example of a good trading system:

Entry rules: Why should you buy “high” or “low”? Of course, the reasons can be listed for a long time, but a good strategy should clearly state that, for example, you need to buy “higher” because EMA 17 crossed EMA 43 from below.

Exit Rules: When and how to exit a trade if the market is against you? Many brokers offer tools that allow you to close a trade before expiration, and an ideal trading system should explain how to do this with minimal losses.

Money management: How much to invest in one trade and how many trades can be made at a time? Just think about it: for example, if you have $1,000 and you only make two $500 losing trades, you're left with nothing. But if you only buy options on a certain small percentage of your total account, the risks become much smaller.

And ideally, the author should demonstrate his creation on video or in the form of visual screenshots. And, again: provide your results on using it on your real account over a fairly long period of time.

Where to look for working binary options trading strategies?

Among the hundreds of thousands of tactics on the Internet, you can find good, bad and downright stupid. Reviews of the most popular of them can be found on our website. Besides this, look for practical advice on trading can be found on forums (especially in English).

And once again: in order not to fall into the trap of scammers, remember that numerous offers for various amounts of money to download a strategy that will always or almost always work and will bring you millions without effort is a 100% scam.

Typically, such offers can be seen on one-page advertisements offering JUST NOW to buy yourself a ticket to wealth for $99 (or for 49.99, or for some similar amount). At best, you will get nothing from such resources, and at worst, an absolutely meaningless set of rules, using which you will instantly lose your deposit.

In the strategy review you will find rules for purchasing Call and Put options, recommendations and tips for working

Test the method on a demo account, find out if it suits you, don’t rush to trade in real life!

Help is needed? Write a question in the comments and get advice from experienced traders

Start with a minimum deposit with a trusted broker, don't take risks! Follow money management

Study video instructions, use ready-made settings or create your own

The importance of a reliable trading system for making money on binary options is undeniable. But once again: strategy alone is not enough: you also need market understanding and discipline. After all, no matter how thoughtful, high-quality and profitable it may be, you will never be able to make a profit with it constantly and for a long time if you do not understand how it works, when it works, and how it should be changed depending on market conditions. And no matter how much you understand what is happening with the price, you will never be able to make money on a consistent basis if you take reckless risks.

All this means that testing other people’s trading systems and understanding the principles of their operation is wonderful and useful, but blindly following them and endlessly searching for the holy grail is not. (If you don't know what the holy grail is, it's a playful name for a mythical trading tactic that works 100% of the time). Testing other people's work in practice (preferably on a demo account) should only be part of your training.




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