Timeframe M1: long option, stable profit
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- Strategies
Most scalping binary options strategies on the minute timeframe work with an expiration of 3-5 minutes. You can make money quickly, but the number of false signals is also large. Market “noise” is being traded, which can be well filtered only by increasing the expiration to 10 minutes or more. Let's see how a simple Pocket Option strategy and the vfxAlert signal service work.
Trading platform
Select a broker in the vfxAlert program, register by E-mail/password:
Select a demo account to test the strategy. We always do this before placing it on a real account. The strategy can also be used on M5-M15 timeframes. Then set the expiration of 5-7 candles. You can do more, but then there will be fewer transactions within the day.
In addition to Forex currency pairs, the technique works well on cryptocurrencies and other assets available in the Pocket Option broker.
Trading strategy
We use technology tools that are in the basic set of most binary trading platforms. The technique is simple, accessible to newbie traders - basic knowledge of how to channel indicators on the Moving Average and trend dynamics and overbought/oversold oscillators work is enough.
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.
Used indicators
- Keltner Channel. Trend channel indicator on the Moving Average. We trade "classically": for a breakdown or a rebound from the channel lines. It is always necessary to confirm the entry point, it is good when the line at the moment of the opening is above/below a strong price level, such as support/resistance.
- Accelerator Oscillator. The indicator shows the change and dynamics of the trend. Before a correction or reversal, the rate of price change decreases and rises on a strong trend. Confirms the Keltner Channel signal. A histogram reversal can be used as a change between overbought and oversold periods.
After installing the indicators on Pocket Option charts:
Trading signals in Pocket Option broker app:
- CALL option. The market is uptrend or reversal. The price moves from the lower border of the Keltner Channel to the upper one. Options on the breakdown of channel lines. The oscillator moves from bottom to top towards the zero level or higher.
- PUT option. Opposite signals: Downtrend. Channel lines breakthrough from top to bottom. The oscillator is below the zero level or the histogram is reversing down.
The signals are simple, but beginners should wait for confirmation of a trend or price reversal from the Accelerator Oscillator. Especially when using Pocket Option copy trading. We trade options for a rebound or breakdown of the channel lines from only 3-5 candles after it starts; we will wait for all Keltner Channel lines to reverse.
Signal example
In the image, all the conditions of the PUT-option have met: three candles below the middle line of the channel, the oscillator below the zero level.
The histogram shows the growth of the dynamics of the new downtrend, vfxAlert confirms the signal with the CCI indicator, which also indicates the continuation of the movement on the next 10-12 candles.
If the option is in profit, the broker allows closing the deal in the first 5-7 minutes without waiting for expiration with a lower percentage. If you are satisfied with such a profit, do so, minute timeframes are risky at any time of the binary option.
Recommendations about use …
- The fewer points between the channel borders, the higher the probability of a strong movement after the breakdown.
- For a rebound, the reverse situation is: there should be at least 30-40 points.
- During the publication of important fundamental news and statistics, we do not open options 30 minutes before the news and 30 minutes after publication; cautious traders can close current trades if the Pocket option trading platform allows.
Summarize…
An increase in expiration makes it possible to get a reliable strategy for conservative intraday scalping for a stable profit with the Pocket Option broker. We start with the basic settings of the indicators and then look at the current volatility of the asset by trading sessions. If necessary, change the values and test on a demo account. We remind you once again that the most profitable binary options signals will only be in trend zones, during flat periods we remain out of the market!