Martingale Binary Options High/Low Trading Strategy
RSI with Bollinger Bands indicators is binary options high/low trading strategy based on volatility. The money management is with martingale.
Time frame 30min- 1H
Expiry time two candles
Markets: Forex currency pairs majors: GBP/USD, USD/CHF, EUR/USD, AUD/USD, NZD/USD, EUR/JPY, USD/JPY, AUD/JPY
RSI 14 period, with 30 and 70 indicator levels);
Bollinger Bands level (20, 2);
Rules for RSI with Bollinger Bands Binary Strategy
Do not start before the forex economic news
We wait for the price to either hit the lower Bollinger band or the upper Bollinger indicator band, and the moment this happens, we take the trade immediately.
If the price touches the indicator lower Bollinger band, we and RSI are below the 30; we take a put.
If the price touches the chart upper Bollinger band, we and RSI are above the 70; we take a call.
Martigale money management
Minimum account for this strategy 700$
first trade 10$,
second trade 20$,
third trade 50$,
four trade 50 $,
fifth trade 300$.
Strategies based on martingale always increase the adrenaline, traders, calm !!
In the pictures, RSI with Bollinger Bands.
Download Strategy Indicators below the images
This is a great strategy. As for me, we recommend doing the following: as soon as the candle touches the upper or lower band and RSI hits its zones (70 or 30) – PUT (BUY) by the end of the 2-nd candle. That is, the best expiration in this case – is till the end of the current hour, using the 30 minutes timeframe. We have got two reasons for that: 1) almost every broker has this expiration; 2) 30 minutes is not as noisy as lower timeframes. As to martingale – it’s up to you. I prefer to trade more conservatively – without stress.