07-07-2020, 11:58 PM
Hi there,
i am new to this forum and been trader for more than 6 years. Making some solid income from forex yet want to increase my income.
i am a big fan of simplified trading strategy. there are many strategies which works but it depends upon your mental strength to make use of it. when i had browse through for certain probabilistic trading model i had found one indicator which have no certain use for forex as of now[i am trying to figure out] but its been almost holygrail for binary trading strategy.
The method use bollinger period 8 and std dev 2. you can use it on any pairs and anytimeframe but brokers wont allow us to utilise these function. so you have to stick with 4h timeframe or 1h[its risky]. i prefer 4h.
whenever 1st 4h candle of current day touches upper band then place put option[expiry 4h] also whenever that 1st 4h candle of current day touches lower band then place call option[expiry 4h]
This method have 80% win rate. certainly holygrail. you can add your own variations and i dont trade binary as of now. my main focus is on forex only where i make big profits. will attach some screenshot for your reference. kindly backtest it before going live on binary. i had backtested it on mt4 but not on live account but its good.
![[Image: tdfyih]](https://prnt.sc/tdfyih)
i am new to this forum and been trader for more than 6 years. Making some solid income from forex yet want to increase my income.
i am a big fan of simplified trading strategy. there are many strategies which works but it depends upon your mental strength to make use of it. when i had browse through for certain probabilistic trading model i had found one indicator which have no certain use for forex as of now[i am trying to figure out] but its been almost holygrail for binary trading strategy.
The method use bollinger period 8 and std dev 2. you can use it on any pairs and anytimeframe but brokers wont allow us to utilise these function. so you have to stick with 4h timeframe or 1h[its risky]. i prefer 4h.
whenever 1st 4h candle of current day touches upper band then place put option[expiry 4h] also whenever that 1st 4h candle of current day touches lower band then place call option[expiry 4h]
This method have 80% win rate. certainly holygrail. you can add your own variations and i dont trade binary as of now. my main focus is on forex only where i make big profits. will attach some screenshot for your reference. kindly backtest it before going live on binary. i had backtested it on mt4 but not on live account but its good.