The use of indicators to predict the market is the easiest way to form a correct forecast for a concluded transaction. Often, traders, in an effort to improve the accuracy of the technical signals, combine them with other automated market analyzers, which act as a filter of signal indicators. However, in this strategy the indicator signal is confirmed by the quotes themselves. It is on this principle that the "3 Bollinger Candles" strategy is built, and it makes it possible to achieve a profit on over 85% of trading signals.
First of all, you will need a trading platform equipped with an integrated indicator set with the Bollinger Bands market channel analyzer, as well as a candlestick chart display format, short-term options, and trading conditions that allow for the most secure use of turbo contracts. On this type of trading terminal, this strategy will work as efficiently as possible.
The best option is the platform from the Binomo broker - a licensed company that provides its traders with modern high-tech solutions for options trading in combination with favorable trading conditions:
The principle of the strategy is based on patterns of quote movement relative to the channel built by the Bollinger Bands indicator. Therefore, in order to use the strategy you simply need to install the given channel indicator on the asset chart without changing its technical parameters. The chart timeframe should be 30 seconds.
It is better to choose those moments to trade when there is a clearly pronounced trend on the asset market, which will allow you to receive the most accurate trading signals, since it is precisely on the trend market that the rule of the 3 candles works best.
Trading signal for trading DOWN:
Without waiting for the next candle, conclude a transaction DOWN:
Trading signal for trading UP:
Without waiting for the next candle, conclude a transaction UP:
It is important to start counting the three candles from the one that first touches or breaks through the channel line.
The rule of the 3 candles works perfectly on the classic indicator signal as well - after rebounding from the channel boundary, the three candles are counted starting from the one that touches or breaks through the middle line of the indicator first:
The rule of the 3 candles is not applied when the following combination appears:
The expiration periods for trading bets should be set at 1 minute, which will allow you to get the maximum number possible of successfully closed transactions, since after the appearance of the third candle, the market usually forms no more than two candles in a new direction.
Apply the classic rules of money management when trading turbo options to reduce the risks involved in concluding transactions. That is, the risk for a single transaction should be an amount of money which does not exceed 3% of the volume of capital. But if you have a small amount of funds in your trading account, you should trade 1-dollar transactions available from the Binomo broker.
All right reserved © 2016, Azartlist.com Made by Nikoland studio