Binary Options Trading Strategies

Bollinger Band And ZigZag Binary Options Strategy

November 9, 2016

580

Bollinger Band And ZigZag Binary Options Strategy

This system is based on the Bollinger bands and ZigZag indicators but the price action is being considered in this method.

This strategy works on any timeframe. If you use a 5-minute chart, the time expires on 1 hour, if 15-minute chart, then the time expires 3-hours. This system works in any market.

The touch points for this Binary Options Strategy is the middle band but also 2 or 3 pips before the middle band.

MT4 Indicators :

Zig Zag indicator (8,2,3 period)
Zig Zag indicator (12, 5, 3)
CCI indicator (14) with levels 90 and -90
Stochastic 11-5-5
Bollinger bands (20, 3) and (20,2)

Call Entry:

The price must touch or close the bottom Bollinger bands indicator.
The Zig Zag (12, 5, 3,)indicator and Zig Zag indicator (8,2,3,) must meet together on the same candle.
CCI indicator gets over -90 level;
The stochastic indicator crossed and pointing up.
Enter when price closed into Bollinger Bands (20.2 ) at the opening of the next bar.

Put Entry:

The price must touch or close the bottom Bollinger bands indicator.
The Zig Zag (12, 5, 3,) indicator and Zig Zag indicator (8,2,3,) must meet together on the same candle.
CCI indicator gets over 90 level.
The stochastic indicator crossed and pointing down.
Enter when price closed into Bollinger Bands (20.2 ) at the opening of the next bar.