30 Min Binary Options Trading Strategy

When I first attempted to create my own strategy my goal was to develop a system that could eliminate doubts and indecision out of the equation. I needed confirmation, a solid strategy with uncomplicated rules that could be followed and traded mechanically. Today, with months of training, I accept the skills to fully do good from the nifty trading opportunities it offers. If you are a newbie, you tin can follow the rules and trade this strategy mechanically until you lot learn the skills necessary to understand the reasons behind the rules. Once you lot’ve reached that state y’all will also be able to take consummate reward of my strategy. Hence I can recommend this strategy to both newbies and more experienced traders!

Okane’s xv-30 Infinitesimal Strategy
 MT4 Setup

Downloads available at the bottom of the page

1. Add together 3 exponential moving averages with the following periods:
200 and 50. 21 is helpful but information technology’s optional.
2. Add (5, iii, 3) Stochastic Oscillator with the following levels: lxxx and xx.
3. Add RSI with value 4 and the post-obit levels: 75 and 25.
4. Add FiboPiv_v2

Few words almost the FiboPiv:

This is an indicator that calculates and draws S/R-lines on your chart. The accuracy of these lines are very high. I advise newbie traders to non trade near these lines until they sympathise price action well, specially the pivot-line. Sometimes price is in indecision around the pivot-line, which means you can’t identify a clear trend. After you lot sympathize how price reacts about of import S/R-lines y’all can use them to your advantage. Yous can larn almost the PivotCalc hither.

How does this Strategy Piece of work?

First you need to confirm the direction of the trend. The moving averages are the very useful tools for this job. To place a trend become to the 15-minute chart and see if the candlesticks are nether or above the 200-EMA AND the l-EMA. To make sure the trend is not in a country of consolidation or nigh to modify management it’s important to place previous highs and lows. To locate these highs and lows simply mark the areas where stochastic oscillator showed overbought/oversold levels. Check to come across if price is stepping down and is under the 200 and 50-EMA, if that is the case look for lower highs and lower lows. If price is stepping up it should be creating higher highs and higher lows to a higher place the 200 and 50-EMA. The goal is to observe these “steps” or small retracements inside the trend.

-For Call options:
enter at college lows, candlesticks should be to a higher place the 200 and 50-EMA and oversold levels on both Stochastic and RSI


-For Put options:
enter at lower highs, candlesticks should be under the 200 and l-EMA and overbought levels on both Stochastic and RIS

Here is an case of a fifteen-minute nautical chart of USD/JPY:

The ii vertical scarlet lines show the lower highs at overbought areas on the fifteen-minute chart. Discover that these two highs are likewise under the 200 and the 50EMA. These are good locations for Put-Options.

You can actually find two more Put opportunities if you look carefully. Find that the distance between the 50 and 21-EMA is becoming narrower on the correct side in the movie and Doji-candles are forming. This is not a good place for Put-options even though Stochastic and RSI are overbought.

How to choice an entry afterward you take confirmed the tendency direction?

Depending on whether y’all are a newbie or an experienced trader the approach differs.

Method 1:

First approach is for the newbies who want to trade this mechanically until they become skilled. In the example above allow’s pretend you are just seeing the candles class a lower high, await at the 2d vertical scarlet line from left. Stochastic and RSI are about to touch on overbought levels. You must allow the current bullish 15-minute candle to terminate and confirm that the retracement is over. In order to confirm the bullish motility is over, change to the 5-minute chart and see if a 5-infinitesimal surly candle forms.

Case of a Put Pick in a downtrend

In this picture show the charts are showing the same currency pair as in the movie to a higher place, USD/JPY. But this time you are looking at the 5-minute timeframe. Notice how the candles are closing lower and lower (in circumvolve). This indicates that the high is probable to be over. Pay attending to the overbought areas as well. The Stochastic and the RSI are now crossing the overbought levels and are heading downwards. The entry is after this 5-minute bearish candle is closed. Depending on the market volatility cull between xv-infinitesimal or xxx-minute expiry.

Method ii:

This approach tin exist applied by advanced an experienced traders who have basic candlestick knowledge, y’all know how to use price action, y’all are good at drawing Due south/R-lines and you understand volatility. So, instead of waiting for a 5-minute bearish candle to grade y’all can get more precise entries by switching to the 1-infinitesimal time frame and drawing S/R-lines. Remember though, the M15 and the M5 still have to be overbought!

Hither is a motion picture of the ane-minute chart of the same currency pair in the pictures above:

Notice how price resisted at the second aureate line from bottom to summit. Detect the pivot-bars indicating price was forced downwardly. Your entry here would’ve been earlier than in method 1, meaning you entered at a higher price. Then basically, using price action, there is no need to wait for a full 5-minute candle to end in the direction you want to trade. Price declining to continue upwardly confirmed the retracement was over and thus gave you a better entry.

Yous can utilize the same methods on Telephone call Options, but look for higher highs and college lows as I mentioned before.

Why does this strategy suck?

Non so surprisingly, this strategy does not piece of work in Whatsoever market condition. Just then once more, I don’t know whatever strategy that does. The main issue is being able to patiently wait for all of the correct market weather condition to line upwards for you. This could accept a while, some days you lot tin’t merchandise annihilation because market is simply not “stepping” in any direction merely rather jumps volatilely between different support and resistance areas. Furthermore, it tin can be quite hard for beginners to discover the best entries.

Why this Strategy
doesn’t
suck?

This strategy provides with enough confirmations to induce the trader to take a trade. During the time I’ve tested this strategy information technology has proven to exist pretty authentic. The rules are simple to follow. This strategy too teaches you trend identification and lets you practice on your price action skills!

Conclusion – Cheque out Okane’s Diary to Learn More!

Whether this strategy sucks or not depends entirely on how well you understand the reasons behind the rules of this strategy. Endeavor it out on a demo business relationship first. Yous can benefit from my trading diary and the forum thread I started about this strategy. Some of your questions might accept been answered already in these threads!

 Downloads Available:

• Okane 15-30 Mins Strategy Set-Up download
• FiboPV indicator to download