Simple strategy for binary options: Bollinger Bands, CCI and vfxAlert signals
Simple strategy for binary options: Bollinger Bands, CCI and vfxAlert signals
Binary options require discipline and a clear system. In the new article, we analyzed a strategy that combines classic indicators and modern signals, which allows you to reduce the number of false entries.
๐น Strategy indicators:
Bollinger Bands (15,2) - help determine the trend and support/resistance levels.
CCI (20) - a momentum indicator, confirms BB signals.
๐น Entry signals:
SELL: price at the upper BB border, breaks the middle line downwards, CCI < 0.
BUY: price at the lower BB border, breaks the middle line upwards, CCI > 0.
๐น Trading recommendations:
Avoid trades 30 minutes before and after the news.
Open several options with different expirations during the trend.
Use early closing on opposite signals.
๐ Readers can use the binarystrategy promo code for a 60% discount on the vfxAlert service.
๐ Read more in the full article: https://blog.vfxalert.com/en/t/simple-binary-trading-strategy-with-bollinger-bands-cci-and-binary-signals-from-vfxalert
๐ Video:
https://www.youtube.com/watch?v=QtOwBZZSy1Y
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