Simple Binary Trading Strategy with Bollinger Bands, CCI, and Binary Signals from vfxAlert
- VFX مدونة
- الاستراتيجيات
Binary trading always requires a clear strategy and discipline. Many traders use indicators to confirm binary signals in order to reduce false entries. In this article, we will review a simple trend-following strategy for Pocket Option, which also works on other platforms - Binomo, Quotex, Olymp Trade, and different binary options brokers.
You can watch the full video breakdown here:
Main Indicators of the Strategy
For trading binary options, we use two popular indicators:
Bollinger Bands (BB) with settings: Period 15 and Deviation 2. This indicator shows the direction and volatility of the trend. If the bands are moving horizontally, the market is in a flat phase and it’s better to stay away.
Commodity Channel Index (CCI) with setting: Period 20. It reflects price momentum and helps to determine when the trend is ending. In this strategy, the CCI is used as confirmation along with the Bollinger Bands.
Entry Signals
We combine vfxAlert binary signals with indicator analysis:
SELL trade: the price bounces from the upper Bollinger Band and breaks the middle line from top to bottom, while the CCI is below zero.
BUY trade: the price bounces from the lower Bollinger Band or breaks the middle line from bottom to top, while the CCI is above zero.
This approach filters binary signals and helps to open more accurate trades on Pocket Option or other brokers.
Extra Recommendations
The longer the Bollinger Bands move sideways, the higher the probability of a strong trend once it ends. In such cases, you can open trades at the first signs of a CCI reversal combined with strong binary options signals from vfxAlert.
During the release of important fundamental news, we avoid opening trades 30 minutes before and 30 minutes after the event. Conservative traders may also close their current positions in advance. To monitor events, we use the economic calendar, available on all popular binary trading platforms.
If there is a strong and stable trend, you can open multiple options with different expiration times to catch the maximum move with minimum risk. If the broker allows early closure of an option, it’s better to exit the trade when an opposite signal appears — even if the current trade is profitable.
Promo Code for vfxAlert
For more efficient trading, you can use professional binary signals from vfxAlert. With the promo code binarystrategy you get a 60% discount on subscription.
This simple strategy combines classic indicators with binary signals, making it universal for Pocket Option as well as other binary options platforms.