Mobile vfxAlert - profit on trend
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Trading with the trend will always be the most profitable binary options option. You can get profit both on the rise and fall of the price. Let's see how it works simple Pocket Option strategy and mobile version of vfxAlert.
Pocket Option best strategy characteristics:
Type: Trend
Timeframe: Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal increases.
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: 5-10 min.
The strategy uses two technical indicators:
- Stochastic − the oscillator will assess the current balance between buyers and sellers: the predictor above level 80 − the end of the uptrend (overbought), below 20 − the end of the downward (oversold).
- Bollinger Bands (BB). The indicator reports the direction and volatility of the current trend, and the horizontal movement of the lines will show flat − in this case, it is better to stay out of the market, especially if the price moves in a narrow channel. When the range dramatically expands, you can use longer 10-15 minute signals and increase the transaction volume by 10-15%.
After installing the indicators on Pocket Option charts, we look at the examples of signals:
Trading signals in Pocket Option broker app:
- CALL - option. The price is above the Bollinger or breaks out from the bottom up. Stochastic is above the level of 80 or turned up.
- PUT - option. Opposite conditions: The price is below the Bollinger line or breaks through from top to bottom. Stochastic is below the level of 80 or turned down.
The signals are simple, but beginners should definitely wait for confirmation of a trend or price reversal from the Stochastic. Especially when using Pocket Option copy trading. We trade options for a rebound from only 3-5 candles after its start; we will definitely wait for all BB lines to reverse down.
Recommendations about use …
- The "narrower" the price channels of the Bollinger Bands, the higher the probability of a strong movement after the end of the flat. The opposite situation is necessary for trading at the edge of the borders: the corridor must be at least 30-40 points; otherwise, the options will be unprofitable, even if the PocketOption signals show the correct direction;
- The longer the sideways movement of the Bollinger Bands continues, the higher the probability of a strong trend after its completion. In such cases, you can open trades at the first sign of a Stochastic reversal and strong signals from vfxAlert and Pocket Option strategy;
- During the publication of important fundamental news and statistics, we do not open options 30 minutes before the news and 30 minutes after the publication; cautious traders can close current deals.
- If PocketOption makes it possible to close the option before the expiration date, then we will definitely fix the deal (even if it is in profit!) When the opposite signal appears - a repeated reverse crossing of the Bollinger Bands price or a fast Stochastic reversal.
Let`s summarize.
The strategy is a fairly reliable conservative scalping system for stable profits on Pocket Option broker. The parameters of trading instruments can be changed depending on the current volatility. We remind you once again that the most profitable signals for binary options will be only in the trend areas, during flat periods we remain out of the market!