Bollinger Bands And Momentum Binary Options Trading Strategy
This binary options strategy is a volatility momentum and is based on momentum indicator and Bollinger bands volatility indicator. The applicable markets for this system are forex, commodity, stocks and CFD.
for high and low, you can use 15 minutes timeframe and the expiry time would be 60 minutes.
Forex Indicators:
- Momentum (period 11);
- Bollinger bands (20. 2).
Call Conditions:
- Momentum line is greater than 100.
- The price must close above the middle band of Bollinger Bands.
- “Call” at the opening of the next bar.
Put Conditions:
- Momentum line is less than 100.
- The price must close below the middle band of Bollinger Bands.
- “PUT” at the opening of the next bar.
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