Proven 60 Seconds Strategies Should You Use Them Binary Options 2020

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Improved point strategy – GOD strategy (60 or 120 seconds options)

Hello, today I have prepared for you another strategy that works with Meta Trader 4. The idea for this strategy came to my email from one of our readers (thanks, Matt �� ) it’s actually the point strategy, which is, of course, a bit edited and has even greater success. You’ll need indicators and a template that you can download in this article. If you do not know how to install indicators and templates, use this guide.

It is important to keep Banc de Binary, Stockpair or 24Option trading platform opened next to MT4 in order to perform transactions as quickly as possible. Do not forget to read the comments for the trade!

How to setup the chart

  • 1-minute timeframe
  • GOD_Strategy template

When to choose CALL

  • There’s a red arrow underneath the current candle, or under one of the two previous candles
  • There’s a black point under the current candle
  • Stochastic indicator is in the lower half and is directed upwards

When to choose PUT

  • There’s a red arrow above the current candle, or above one of the two previous candles
  • There’s a black point is above the current candle
  • Stochastic indicator is in the upper half and is directed downwards

What to trade

  • Use this strategy only when dealing with currency pairs.

What does it look like?

Preview of the properly set MetaTrader 4

  • A: Clearly won CALL trade
  • B: Clearly won PUT trade
  • C: Lost CALL
  • D: Beautifully won PUT
  • E: Nicely won CALL
  • The overall statistics of our example: 4 wins, 1 loss. Taking into account the invested $20 and earned 70% our total profit is $36.

Downloading indicators and templates

Broker Bonus Min Deposit Payout Review Open Account
USA Allowed
$10 BONUS $ 100 * Review Trade Now! Great social trading platform 200 USD * Review Trade Now! Great broker for german clients $100 * Review Trade Now!

It is recommended to trade with this strategy only with these brokers because they have fast response times and offer trading 60-second options.

Comments on trading

  • If you want a more conservative strategy, do not select CALL if the middle Bollinger curve (middle green line) is pointed downward
  • If you want a more conservative strategy, do not select PUT if the middle Bollinger curve (middle green line) is pointed upward
  • Never have more than one trade open at a time!
  • If you see two points – it can happen – do not enter the trade!
  • Try to enter the trade as soon as possible after seeing the points
  • We recommend trading only from 9:00AM to 4:00PM
  • If MT4 reports “DLLs are disabled. To enable, select” Allow DLL Imports “in the Common Tab of indicator“, follow these instructions: Right-click anywhere on the graph> Indicator list (or Ctrl + I) – Select P4L Clock> Edit – On the General tab check Allow DLL Import> OK> Close – Close and reopen MT4.
  • If you are at the end of your wits, do not hesitate to write us!
  • You can find more strategies on best-binary-options-strategy.com

Author

More about the author J. Pro

Unlike Stephen (the other author) I have been thinking mainly about online business lately. I wasn’t very successfull with dropshipping on Amazon and other ways of making money online, and I’d only earn a few hundreds of dollars in years. But then binary options caught my attention with it’s simplicity. Now I’m glad it did because it really is worth it. More posts by this author

60 Seconds Strategy Binary Options

Binary options of 60 seconds are options for which the completion of the contract (expiration) is 1 minute. This means that you purchase an option and 1 minute later get the result of trade.

The minute binary options have their own undeniable advantages: they offer an opportunity to trade at any time (session), carry out a large number of transactions in a short time (accordingly increasing the chance of winning), and an incredibly large choice of broker-platforms, which provide a range of profitable conditions (bonuses, an extended variety of assets, absence of commission).

Many strategies are used in the 60-second binary options trade. The most well-known methods are suitable for these trades, but the strategy is still different: it requires very fast decision-making behavior and instant reacting to the situation of the market.

60-second strategy binary options with usage of indicators

One of the most usable indicators in strategies for 60-second binary options is the RSI (Relative Strength Index). This instrument of technical analysis has an advancing nature and shows a possible change of trend. The indicator has 2 accurately differentiated fields (overbought and oversold). If the curve of graphs confidently leaves the zone of oversold in the bottom-up direction that means it is possible to trade for the purchase «Rise» (Call). In an alternative situation (when the curve leaves the zone of overbought), options trade on falling (Put).

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Another interesting indicator for strategies of 60 seconds is Ichimoku. This is compared with clouds that show key areas (of resistance and support). If the curve comes out twice from the cloud in the up-bottom direction, that means buying an option Put is a good idea. The price will probably continue to fall and a trader obtains a profit. When the curve leaves the cloud in the bottom-up direction, that means you need to put all your attention on options Call (up).

Working with the Bollinger Bands indicator (in other words – bands or waves of Bollinger, BB), the constant increasing of rates after winning is not used (compare to Martingale). Profit is guaranteed by a large number of winning bids. The Bollinger Band indicator allows the trader to mark the break at the price movement. The «Breakdown trade» is used more often. When the graphics break through channel lines, in most of cases the price rolls back to the middle (to the next candlestick).

Deals are opened only in the moment of Bollinger Bands convergence (sideways). The number of profitable deals can be up to 70%.

One more Moving Average Indicator for 60-second binary options appears as the red line.

The Moving Average Indicator for binary options can be used for options with an expiration period up to 5 minutes, but this indicator also successfully works with 60-second turbo-options.

60-second strategy for binary options without indicators

Although many traders prefer the hints of indicators, there are strategies where they are not needed. It is enough for a player to draw a so-called trend line and as soon as the line rebounds three times, the trade is started. The picture shows when a deal is made with a PUT purchase.

It is a very interesting example with the addition of a lower trend line for the same graphics. This is called a wedge pattern (graphic). Such a situation happens infrequently in the market; that’s why it is necessary to use the wedge pattern. Wait for a final formation of the wedge (about 3 waves), and when the curve breaks through the upper or lower trend line, open the deal.

Another strategy for 60-second binary options

Many trading strategies are suitable for very short-dated options that expire in just 1 minute. But there are several methods that are rather bad. For example, a hedging method (insurance). Its essence is to buy “safety” option in another market to minimize losses. This is suitable for Forex but not for binary options. Here, the price can vary in the course of a minute, resulting in losses for both deals.

Strategies of Support and Resistance Levels

These levels give the most accurate signals of the price movement. These are lines within which the price moves. The levels are displayed on the tops of the candlesticks. An option is bought at the rebound from the level and only on the third candlestick (the first candlestick is a signal, the second is a conformation, and the third is a command to buy a 60-second option).

A few disadvantages

60-second binary options are the riskiest. Even leaning on a competent strategy and armed with indicators, it is still very difficult to guess exactly the market movement, because too many factors influence it. There is an extremely high chance of being in the red.

60 Second Binary Options Strategy

The 60 Second Binary Options Strategy aims to increase the effectiveness of trading decisions, improve the profit-to-loss ratio, as well as grow the overall account balance. This post is aimed to explain key factors to select the right trading system, show the pros and cons of this type of trading approach and show several examples of profitable trading methods.

What is a 60 Second Binary Options Strategy?

Analysing the market

Best indicators for 60 sec binary option Strategy

As long as the market conditions change much more frequently on the one-minute chart, the set of technical indicators suitable for such a fast type of trading activity has to de adjusted. It would not be reasonable to choose technical indicators, which have a too lagging mathematical formula. Trend indicators are powerful in terms of determining the long-term trend’s direction, but they might have too many false signals on the one-minute chart.

The 60 Second Binary Option strategy would work better in case if technical indicators were able to reflect fast-changing trends and momentum. For this purpose, quick oscillators could help. For instance, Relative Strength Index, Stochastic and Stochastic RSI, Williams %R are the most sensitive oscillators in terms of immediate reaction on shifts of the markets’ sentiment. Bollinger Bands and fast exponential moving averages can help binary options traders to determine resistance and support levels and ranges.

Settings for technical indicators

How to Use 60 Second Binary Options Strategy?

Using trading cycles on the 1-minute timeframe

Trading on 1-minute charts using momentum indicators

Financial assets have different periods of price fluctuations. Sometimes it happens that even though rates are gone too far from average means, charting extreme deviations, the action continues in the same direction for quite a while. In that case, traditional moving averages and envelope indicators have a bigger lag, shifting to the fast-moving price much slower than in quiet choppy trade. Thus, a different type of technical indicators is needed to make trading decisions. Momentum indicators are among the alternative choice for such conditions.

For example, a combination of Parabolic SAR and the Average Directional Index is effective when strong trends occur.

Multidirectional trading in sideways ranges

However, when the market is in rangebound, hovering in the same range without going anywhere, traders can benefit from multidirectional trading. This method suggests the absence of any external factor able to influence a sharp rally and lower trading volume. These periods happen on the border of trading sessions. For example, when the New York trading session is almost over, while the Asian trading session has not started yet. The main condition to buy call and put options simultaneously is to determine bands of the sideways range. High and low prices on the one-hourly chart will show the most relevant resistance and support levels to buy 60 sec binary options.

If you like this strategy, you might also be interested in this Protective Put Options Strategy

Example of using Strategy

Here are several examples of profitable trading with 60 second binary options:

RSI, Stochastic RSI and EMA

Below is a screenshot of the one-minute chart of gold. The combination of technical indicators is as follows. The Exponential Moving Average with 21-minute period shows the average mean of the recent price, The Relative Strength Index with 8-bars period points to the trend direction and overbought/oversold conditions, while the Stochastic RSI oscillator is the most sensitive indicator as it has periods of 3, 3, 8, 8 candlesticks. Call and Put options were bought on appropriate trading signals.

Parabolic SAR and ADX

EUR/USD does not have a clear trend on the one-minute chart below. However, Parabolic SAR and the Average Directional Index with the 8-minute period show trading signals once they confirm each other. So for example, a put option was bought when Parabolic SAR shifted the sentiment to negative as its dots jumped above the price, while ADX mainline changed its colour to the red. And call options were bought when Parabolic SAR was below the price, while ADX mainline turned blue. It’s also worth considering the direction of the ADX line as it points to growing or declining momentum.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Trading, Strategies and Robots
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: