The HELIX strategy is a channel trading strategy for binary options, the terms of which are based on the use of technical indicators available in the Binomo platform.
Indicators for trading and their configuration
The HELIX strategy uses following indicators:
The strategy is based on the principles of wave-like movement of quotations, the beginning and the end of which can be detected quite effectively with technical indicators, determining the best moments for entering the market (buying a binary option).
In order to use the indicators listed above in this strategy, you must apply them to the quote chart and execute additional manual configuration.
Using the corresponding button in the left corner of the Binomo platform select the "Bollinger waves" indicator and apply it to the price chart with the default parameters:
In the same way we select the "Moving Average" indicator:
In the "Moving Average" indicator settings we set the "1" period and choose the "Weighted" type:
Now we are going to consider the rules for entering trades.
The rule for buying the Call option expecting the price increase:
As soon as these conditions are met, we buy the Call option.
The rule for buying the Put option expecting the price to fall:
Once these conditions are met, we buy the Put option expecting the price to fall.
Thus, we enter the trades in all cases of price going beyond the channel formed by the upper and lower lines of the Bollinger Bands indicator.
When using the standard period of the Bollinger Bands indicator which is available in the Binomo platform by default, you should select expiration term of about 1 minute for Turbo options. For "Binary" type options use the expiration term of 1 to 3 minutes.
Classic risk management should be implemented when trading with the HELIX strategy, namely - no more than 3% of the deposited amount to be used for each trade.
Trading should be stopped 5 minutes prior to release of important economic news. It is best to choose quotes without a clearly defined trend for trading.
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