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Awesome MACD: simple binary option profit

Awesome MACD: simple binary option profit

For profit on binary options, you do not need very complex strategies. 2-3 proven technical instruments are enough, such as the Awesome Oscillator and MACD indicatory on the QUOTEX broker.




Awesome MACD trading strategy characteristics:



Type: Trend reversal or rollback

Timeframe: All 

Trading asset: Any currency pairs. The main requirement is a fixed (2-3 points) spread and no hidden fees.

Trading time: All Forex trading sessions.

Recommended expiration: From 5 minutes





Trading setting



Set the minute timeframe. The option amount is five percent of the current deposit, expiration is 5 minutes. On cross pairs, it is recommended to increase the expiration to 7-10 minutes. Do not change the amount of the option!


We don't change the settings of Awesome Oscillator and MACD indicator for QUOTES.


Trading signals

The strongest signal of the strategy will be the breakdown of the zero level of the oscillators. We are waiting a breakdown on two indicators. We do not open an option on one breakdown!



Additional signals show local rollbacks and corrections. They also confirm a rollback from the borders of the side channel. They give good results on scalping and periods of high volatility.

Candlestick patterns often give leading signals. Or they can cancel even a strong signal from indicator binary options.  Reversal candle combinations work better on scalping. Trend continuation patterns are traded on timeframes longer than 10 minutes.


Signal example

The first signal for a new trade will be ‘Pin Bar’ reversal candlestick pattern. Usually it is at the end of a trend or a pullback from the lower border of the trend channel. It was not possible to open an option at the beginning of the reversal; we look the strategy macd.


Oscillators show the continuation of the uptrend - green histograms up to the zero level. There a rollback to the upper border; the price in the middle of the channel. You can open the UP option.


See more signals for binary options strategy for QUOTEX in the video:



Recommendations about use …
  • Indicators are always delaying. Especially the Moving Average on which MACD strategy and Awesome work. Their combination reduces the delay, but it remains
  • If the volatility is high, there a series of 2-3 losing options in a row, you need to move large time frame. Than the delay factor will be less, even on 5-7 candle.
  • Change settings on only two indicators. If you change only one oscillator, there will be many false signals.
  • Look at the economic calendar. Do not open trades during +/- 30 minutes of publication important news and statistics. Even the best MACD trading strategy stops working on the news.
  • Binary profit is always less than the amount of deals. To compensate for a possible loss, you need two consecutive profitable trades. If the first next deal covers most of the loss, there is a total profit, you can end the trade.


Summarize.

Binary options strategy on combination of two oscillators is good tool for confirming a trend reversal and the beginning/ending of pullbacks on any timeframe and trading asset.

Additional tools are not required, but you can add Moving Average crossover or channel indicator to trade reversals from the channel borders.

The main thing is not to forget about money management and open option only all the conditions of the strategy are met.

Start trading

Disclaimer:

Available vfxalert signals present for informational purposes only and in no way are not a guide to action. The owner of the site and the program does not accept any responsibility for the use of information provided on the website and in the program vfxAlert, as for any errors. Information on this site does not constitute a public offer.