Starling binary options trading pattern

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Starling binary options trading pattern

The Starling options trading system

The technical indicators that traders use to predict the market behaviour allow them to gain advantages over the market in binary trading. Indicator services (as well as strategies based on them) are many, and each can help you achieve desired results under certain conditions. Today we will introduce you to a universal trading strategy Starling suitable for traders who prefer average trade dynamics. This method of making forecasts for option trading allows you to open up to 10 positions per hour and has minimal risks.

Starling trading pattern: system requirements

– Chart with the function of setting the forming-up period.

– A set of standard analysis indicators.

– Contracts with expiration of 3-5 minutes.

– Diverse choice of assets.

– Increased payments on options.

– High accuracy of quotations.

– Minimum starting conditions for trade.

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  • Binomo
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This set of conditions and tools is necessary to form a technical template of the trading system, as well as to provide optimal conditions for its operation. We recommend to use this strategy on the high-tech platform of the Bimono broker. This is a most safe platform for binary trading with quality trading services. Bimono has the most favorable starting conditions for binary trading: the cost of a deal can start from 1 USD, the minimum amount of deposit to open an account is 10 USD.

Setting the tools

Template for the trading strategy Starling includes three standard high-tech indicators that provide diverse and extensive technical information for generating a market forecast. You simply need to apply the following tools to the chart:

– Bollinger Bands Indicator 10/2;

– EMA Indicator 200;

– MACD Indicator 75/150/9.

Set these tools on a graph with a 15 sec timeframe; as a result the working chart of the trading terminal will look the following:

Starling options trading system: Trading rules

Binary trading operations with CALL (UP) options are carried when the following pattern of the strategy indicators’ signals is present:

The mid-period oscillator of the MACD indicator shows a trend of a steady growth of the asset’s value;

The price corridor on the working chart, formed by the Bollinger Bands indicator, crosses the EMA 200 level upwards.

The trading position is opened when the moving average is crossed by all movings of the Bollinger Bands:

Binary trading operations with PUT (DOWN) options are carried when the following pattern of the strategy indicators’ signals is present:

– The mid-period oscillator of the MACD indicator shows a trend of a steady fall of the asset’s value;

– The price corridor on the working chart, formed by the Bollinger Bands indicator, crosses the EMA 200 level downwards.

The trading position is opened when the moving average is crossed by all movings of the Bollinger Bands:

Despite the short timeframe of the chart, we expand the range of market valuation using the settings of this strategy indicators. In the end, we achieve a higher probability of correct forecasts generated by the signals of the trading system. This allows us to execute options with a repayment period of 3-5 minutes and 85% of effective trades.

Money management

We’ve already mentioned the relatively low levels of risks that this strategy includes. Therefore, we recommend using the following restrictions when applying the strategy: if the trading account is sufficiently large, use options that cost 5-7% of the amount of your funds. Traders with minimum starting capital have no other option but to trade with the initial, basic cost.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

The 5-minute Blossom trading pattern for binary options

The 5-minute Blossom pattern for trading binary options

For those who love short-term options, we offer a trading system called Blossom, which can bring very impressive amounts of profit. Thanks to a fine combination of effective technical indicators, the signals of the strategy are timely and accurate and ensures 87% of trading deals close with a profit. In addition, since the system is very simple to apply, newcomers can easily work with it.

The accurate tactics Blossom, 5 minutes of binary options: technical parameters

The technical side of this strategy includes three automatic indicators that determine the trend and foresee its upcoming turns: moving average (exponential type), Bollinger Bands and RSI. Such a combination may seem unusual, but this approach to trading guarantees an almost 100% accuracy of determining the time and direction of market turns, allowing to enter the trade with a serious advantage. As an indicator of trend and volatility, Bollinger Bands are the first to show market turns by forming the classic signal in the form of a rebound of quotations from the channel boundaries. Following the BB, MA indicator (type Exponential) also generates a trading signal that will show the direction of the next turn. The RSI indicator will add an unambiguous confirmation of a new short-term trend, on which it is possible to conclude a deal with a 5M expiration, to the complex trading signal.

So, since this system is an indicator-based system, the main condition for its use is a professional trading terminal with a built-in set of indicators that the strategy requires with corresponding settings. On such a platform, the system will show the intended efficiency. When preparing the article, we chose the trading terminal of the Binomo broker as a perfect example of such a platform. It features all the necessary functions and tools for the most effective use of the Blossom strategy.

How to build a template

From the indicators available on the terminal we choose the following names with the necessary configuration to set on the chart:

– Bollinger Bands, standard settings;
– MA, Exponential, type; the movings periods of 3 and 5 (the color of the senior moving is blue);
– RSI, standard period, the marks of extremes are 50/50.

The timeframe of the chart is M1. We recommend to choose a basic asset with high volatility, and trade only in day time. After all the necessary settings are set, we get the following picture:

Signals of the 5-minute strategy for binary options Blossom

So, you’ve created the technical template. Now you need to wait for the main trading signal to appear: the quotes touching the channel frame of the Bollinger. Then, when the moving average lines intercross, wait for the RSI indicator to confirm the signal and then immediately enter the market — open a deal in the direction, forecasted by the three indicators.
Open an UP deal (CALL option) when:

– The quotes touch the bottom frame of the Bollinger channel and make a turn for growth;
– EMA lines intercross with an upward slope;
– Moving RSI move above the trend level 50.

Open a DOWN deal (PUT option) when:

– The quotes touch the upper frame of the Bollinger channel and make a turn for decline;
– EMA lines intercross with a downward slope;
– Moving RSI move below the trend level 50.

Expiration and Money Management

This strategy was designed for a 1-minute interval of the chart, so we do not recommend using it on timeframes of several seconds. Taking into account the actual continuity of the trading signal, the optimal expiration of deals is from 5 to 10 minutes, depending on the current level of market volatility.
To reduce the risks, it is best to follow the classical rules of risk management, limiting the amount of the option to 5% of the volume of the deposit. Trading only 1-dollar options, available at the Binomo broker’s platform, will allow to reduce the amount of risk when working with modest trading funds.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

Starling binary options trading pattern

This course is designed for: intermediate traders with some trading experience and a basic understanding of options.

Binary options trading is highly risky and banned in certain countries. Because they are all-or-nothing propositions, when a binary option expires an investor may lose his/her entire investment. Trading binary options is made even riskier by fraudulent schemes, many of which originate outside the United States. It is your responsibility to confirm whether or not such trading is right for you and whether it is permitted in your location. We encourage you to consult FINRA, SEC and CFTC alerts on binary options trading.

Certificate of Enrollment

Receive an Investopedia Academy Certificate of Enrollment with this course

Financial Assistance

Students and U.S. military may be eligible for reduced pricing. See this page for details about how to apply.

Investopedia Academy is an excellent resource from which I have learned a great deal of financial knowledge. I have recommended it to many people and will continue to recommend it to anyone wishing to better understand finance. The academy has such high quality educational courses and great customer service.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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