Trading binary options should be easy, right? So why complicate them? Binary options should bring you quick profits. So why use long-term time frames?
Binary options should be as fun as roulette. So why not use the Martingale approach... Yes, we are going to make binary options fun, so we will talk about a simple strategy for trading 60 second options combined with Martingale.
I just "invented" it... Of course, I have no idea if it's profitable or highly accurate, but we're going to have fun. Martingale and 60-second trading are those things that “we love to hate” or “hate to love”, I don’t remember which exactly... Everyone uses them one way or another!
How to use the "G60S" strategy?
For this strategy we will use two Exponential Moving Averages (EMA) and a common Meta Trader 4 indicator called Retracement Finder, which is available for download at the bottom of this article.
I think everyone is familiar with moving averages, so I'm not going to waste time explaining the formulas or what they do, but what you should know is that Gone in 60 Seconds uses a 50 period EMA and a 200 period EMA to determine the trend. . When the 50 EMA is above the 200 EMA, the trend is up, and when the 50 EMA is below the 200 EMA, the trend is... you guessed it: down.
Once we have identified the trend, we must find a retracement. This is exactly what Retracement Finder does. A movement above or below the zero level means a pullback on this indicator, so in an uptrend we will wait for the Retracement Finder to move below zero, and then rise back up, above this level (the opposite for a downtrend). I almost forgot: we will use setting 20 for this indicator (the first line in the list of settings). This is what your graph will look like:
On the chart there is a blue line of EMA 50 and a green line of EMA 200. When EMA 50 is above EMA 200 then there will be an uptrend. Now we need a pullback below: this signal is given by the Retracement Finder falling below zero. The first bar that rises above zero is our trigger to enter the trade (vertical blue lines). Let's summarize:
Enter with CALL:
EMA 50 above EMA 200
Enter with PUT:
EMA 50 below EMA 200
Retracement Finder goes above zero
Retracement Finder drops below zero
End time: 60 seconds
Money management: regular Martingale - double all losing trades.
Why is G60S a bad strategy?
The answer to this question is extremely obvious: he uses Martingale and 60-second binary options. How to eliminate this shortcoming? Again, the answer couldn't be more obvious: don't use Martingale and use more long terms expiration.
What's good about the G60S?
The EMA 200 and EMA 50 are considered among the most reliable moving averages and for good reason, while the Retracement Finder gives accurate entry data.
Act like a maniac!
Maybe you want to know why I created this strategy for turbo ops and Martingale if I don't like them. Heh, I don't have the answer... I just woke up thinking about an easy strategy, and then I asked myself a couple of questions: Can I use this strategy for 60s expiration? What will happen if I use martingale on her...? As a result, you see this article.
I warn you right away that this strategy in its pure form has maximum risks for your account. But you are already over 18 years old and you know what to do with your money! And you will act wisely!
You can trade this strategy with different brokers, but the best charts and indicators provides binary options broker Binomo
LIGHTFX
GUIDE TO THE WORLD OF FOREX TRADING AND INVESTMENT
Education helps you make a living, self-education helps you make a fortune.
Jim Rohn
Postulates of an options scalper!
1. Before trading on a real account, make sure that the trading vehicle on the “Demo” account is profitable.
2. Trade only with a trusted broker.
3. Trade strictly according to your plan.
4. Correctly calculate the size of the bet relative to the deposit.
5. If you use Martingale, calculate the number of steps in case of a series of losses.
(if when trading on a demo account you exceeded the maximum number of legs, stop using the martingale or reduce the initial bet.)
Indicators for trading Turbo options:
RSI-libo + support and resistance levels.
This indicator shows very well the levels of overbought and oversold. If you buy an option when the price leaves the overbought or oversold zone, the likelihood of making a profit increases.
ZWINNER Stochastic + Bollinger
The indicator also shows overbought and oversold zones. Good to use with the Bollinger indicator and support and resistance levels.
Diver MACD
An excellent indicator for finding divergence! It is recommended to buy an option on the next candle after the signal one. Download the indicator and see detailed description -
MA in Color
Trend indicator. Can be used with various indicators or to work using the martingale system. When an uptrend appears, buy an upside option, and when a downtrend appears, buy a downside option. IMPORTANT to pre-calculate the rate increase according to the broker’s payout percentage for profitable option. DO NOT use martingale if YOU have small deposit, and how a small series of unprofitable trades will destroy YOUR deposit!
AUTO-Fibo
The indicator plots Fibonacci levels and shows probable retracement points.
FXI - Pivots
The indicator shows pivot levels. When trading from a pivot, it is important to buy options only if the price has moved away from the pivot. If the candle broke through the pivot or closed on the pivot, then it is better to skip such a trade.
Power Dynamite Areas
The indicator draws support and resistance levels. Can be used independently or with basement indicators or candlestick analysis.
The Beast + Bollinger + RSI Lido
A arrow indicator based on three indicators - RSI, WPR and CCI. The settings of each indicator can be changed at your discretion. Can be used with Martingale and any other indicators to filter false signals.
Pin Bar Detector
The indicator finds pin bars and notifies you about it. IMPORTANT - not every candle with a long shadow can be called a pin bar. More details about the indicator and examples of the correct pin bar
Good afternoon, dear visitors and readers of our site. Today we will talk to you about indicators for turbo options. First of all, I think it’s appropriate to talk a little about what turbo options are in general, and why they attract the target audience so much.
It's no secret that absolutely every trader who was interested in the field binary options, and even tried my hand at starting with turbo options. Of course, this type of options attracts a huge number of traders. This is primarily due to the fact that these options make it possible to theoretically earn 75-85% of the bet in literally 30-60 seconds.
Just think about it, you bet 100 bucks, and in a minute you can earn an average of 80 bucks. Of course, such profitability, and even in such a short time, is really attractive. But the question always remains open: how consistently can you make money on turbo options? And here, by the way, is a very interesting moment. Personally, I don’t know a single person who could consistently make money on turbo options.
What is the motivation of turbo options traders?
Personally, I always believed that these types of options were made only as a kind of enticement. Yes, my opinion is subjective, but it does not claim to be the truth. Personally, I would not consider options with expirations below 30 minutes at all. If you are a novice trader at all, then I would recommend starting with options, with expiration on the day.
But let's face it, because what beginner would consider daily or even hourly options. He comes to the market with a couple of tens of dollars in his pocket, and wants to immediately start making big money. Somewhere he heard that it was possible to disperse the deposit and say goodbye to poverty forever.
Of course, this kind of judgment is largely erroneous, but here people can be understood to a certain extent. It’s all because of the advertising of options, which constantly tells us that you can get rich with options without doing anything special, and having a strictly limited small amount.
Advertising lies: is it possible to make money?
In fact, all these advertising stories are all bullshit. The main task is to attract as many as possible through advertising target audience. Moreover, you must understand that the binary options broker benefits when clients merge. Why? Let's start with the fact that the broker does not take your transactions anywhere. All your transactions are processed by the broker himself, therefore, your gain is a loss on the part of the broker. It’s just that there are very large companies with million-dollar daily turnover, so they won’t pay attention to you if you earn several thousand dollars a month.
But if you get involved with a small company and start spending large sums, then they will do everything to cheat you out. In general, turbo options are in a good way to drain your clients. Let's start with the fact that when using turbo options, the broker can rig quotes in every possible way, and you will not prove anything.
In addition, predicting something for such a short period of time, not exceeding a minute, is quite difficult, I would say, even impossible. In addition, you must understand that trading turbo options is a fairly aggressive way of trading. Plus even with complete absence skills and knowledge are a direct path to losing your deposit. As I already said, this is exactly what the broker needs! The experience of thousands of traders has already proven that it is unrealistic to make stable money on turbo options.
Believe me, it is better to make one conscious, balanced transaction than to open a dozen incomprehensible transactions that could certainly end in failure.
The search for better tools is a quest for the grail
Now an interesting point is the indicators for turbo options. This question is often discussed by many traders, because everyone is so persistently looking for those very indicators that will make it possible to always make money. Roughly speaking, the basic idea is that there is an indicator or a certain set of indicators that allows you to come out the winner in a trade in the vast majority of cases.
Watch a video review about the indicator
This is akin to searching for some kind of holy grail that would give an advantage over other market participants. True, the problem is that this grail does not exist. The best indicators for turbo options - this kind of request often appears on the Internet. But here you have to face the truth, because there are no best indicators Moreover, there are no indicators that can guarantee you a stable income on binary options.
Indicators for turbo options are just assistants that give you the opportunity to analyze the situation on the market. Moreover, one specific indicator will not give you anything meaningful. You definitely need to have systematic approach, allowing you to find moments when you can open a high-quality transaction. No indicator or systematic approach will give you a guarantee that your trade will be closed with a profit.
Other articles on philosophical topics on binary options:
There are no such indicators, there are no such systems that will allow you to always exit a trade with a profit. There will still be losses, because they are part of trading. Yes, you can minimize them in every possible way, but you will not be able to completely eliminate the possibility of a loss even if you really want to.
There are no indicators that are head and shoulders above their competitors. Each person has his own approach to trading; accordingly, the same indicator in the hands of one person can become a formidable weapon in the fight for profit, and in the hands of another person it can become a real machine for losing money.
Conclusions
The first thing you should focus on is developing your trading approach. You need to find what specifically works for you. There is no single, fail-safe way that would allow every person to make a profit. It often happens that you can give the same system to two people, but one will make money with it, and the other will only lose with it. Therefore, there are no best indicators; do not assign tasks to indicators for which they are not designed. You need to find what works specifically in your case, find what will give you permanent and stable results. I understand that this is not easy, however, this is the truth.
Throw out of your head all the search for grails, there are none. Look for your own approach that will give results specifically for you!
Modern technologies make it possible to carry out transactions lasting up to 300 seconds. Brokers actively promote and advertise them, attracting them with high liquidity. However, few traders think about whether there is working strategy for turbo options, provided that in this trading mode, this is actually a game with a virtual asset with a probability of loss of more than 50%.
Features of ultra-short trades
- quick income, fixed profit - this is the main advantage, which makes it possible to get 80% of the invested money in record time;
- technical analysis is simplified as much as possible and is not actually used;
- the result depends slightly on the session or type of asset. Shares, currency, and raw materials are also used. You can start trading at any time, regardless of news releases.
Scalping strategies or trading on tick volumes will not bring the desired result, as many experts note their low effectiveness. The broker’s task when concluding ultra-short transactions is to ensure high speed their processing and, most importantly, eliminating missing quotes.
The difficulty of a contract such as turbo options is that changes cannot be predicted and forecasted. Basic ones based on fundamental analysis do not work in this case. Traditional Forex methods are designed for a period of at least M1. However, every day more and more new players lose their entire deposit on ultra-short time frames, succumbing to the excitement and opportunities for quick wins, without burdening themselves with learning the basics of economic analysis.
What indicators to use
Proven indicators for turbo options, specially designed for high-speed trading, are capable of calculating micro-movements over a period of time of 300 seconds. An important condition is a moment of market stability, that is, during the release of significant economic news (and for some time after) purchases are not made. Risk characteristics – no more than 2% of the deposit. Timeframes for analysis do not exceed a minute, for support – 5 minutes.
The special SixtySecondTrends indicator allows you to trade currencies and stocks. It was designed to identify micro-movements in the market, making about 75% of signals successful. It practically does not work on Forex, as it is designed for turbo transactions. General view indicator contains dots. Green above the key - entry on the next bar for Call, red - on Put.
Trading turbo options using indicators is very difficult and even pointless, since the game is played in seconds, therefore, their signals will be delayed. They can give an idea of the overall market movement, but in search best moment they are powerless to enter.
The best strategy for increasing
The best turbo options platform is used for trading - Binomo. This broker does not underestimate their prices compared to binaries. Typically one-minute contracts are used. The essence of the system is trading in the direction of the trend and increasing the value after an unsuccessfully purchased asset.
The first step is to identify the trend. This can be done using the Moving Average indicator or a simple visual assessment. The Binomo broker offers SMA 50 for these purposes, which allows you to easily identify the general trend movement. Up – with an uptrend, down – with a downtrend. There is no need to make trades during sideways movements. Step-by-step algorithm strategies:
- An upward trend has been identified. Buy “Higher” at a cost of $1. Let's say that a decrease is recorded in a minute. Without waiting for a new trend, you bet $2 again on a price increase, lasting 1 minute.
- Let's say a profit of $1.7 covers the previous loss. If the forecast is unsuccessful, a contract worth $5 is bought again in an upward direction.
- With luck, the profit again covers the loss. If there is a loss, a higher contract ($11) is bought in the hope of covering previous losses.
Such working strategy for binary options turbo The good thing is that one successful deal covers all the failed ones. It is also suitable for beginners. The only condition is an individual calculation of the contract value in accordance with the broker’s profitability percentage. The deposit should be enough for 5–7 transactions within the series.
Main components of turbo trading
When purchasing turbo assets important factor- time. Every second counts. Therefore, two windows must be prepared simultaneously for work, in one of which there is a brokerage platform, in the other there is a live chart. The duration is 1 minute, but in order to evaluate the trend movement, you will need a graphical movement of 5 minutes. You need to draw lines on it that reflect the limits of price declines and rises.
The horizontal support line is the lower limit that has not been broken by the price, from which the chart will start. The main task is to sense the approach to this obstacle and prepare for a radical turn. The limit limiting the growth of indicators is called the “resistance line”. By drawing horizontal limits, a price change corridor is created.
The next point is tracking candles. So, when breaking through the lower level, two are usually formed - a long red one and a green one similar in size. This is a clear sign that the price will go up. Often such candles come with long shadows, which also signals a sharp turn in the opposite direction. When such combinations are formed near the resistance line, the price will decrease.
3 candle strategy
It is important to remember that this is not a magic button that will shower you with gold when you press it. This is just one of the possible behavior tactics. To make it easier to track price direction, the Bollinger Bands indicator is used. The 3-candle rule is used only when there is a clear trend (wide indicator band).
Let's look at how to profitably trade from turbo options levels using the example of a minute bearish instrument. Let's say the first candle touches and breaks through the lower border of the Bollinger Band. We are waiting for another one and a third. If the third also breaks through the lower border, then 10–20 seconds before its end, a Put for 1 minute is bought.
The countdown always starts from the first one that touched or broke through the indicator chart. It is very important to enter a maximum of 20 seconds before the third closes, since the fourth may be the only one before turning in the opposite direction.
The rule of three candles only applies in situations where all three are outside the lines or there is a rebound, for example, from the middle line. The longer it is, the more impulse it will give. It must be remembered that the countdown starts from the first candle that touched the Bollinger Band.
The strategy fails in three cases. The first situation is the presence of a too long shadow on the first one, which indicates price fluctuations. It is incapable of a long trend of more than three candles. The second signal is almost square and the shadows are directed towards different sides from her there is uncertainty. It is best to ignore this position of the chart and not buy anything. The third option is doji (without body). The countdown of three candles does not begin with it.
All more people are interested in strategies for making quick money on options with expiration times from 30 seconds to 5 minutes in order to make money and leave the market. Therefore, in this article we will look at indicators for trading binary options on short time intervals, which are tested by experts, give a statistical advantage over other algorithms and allow you to make up to 30 successful trades per day.
Indicators for binary options on a short-term time frame
Here are examples of the best indicators to use on minute charts, as well as trading examples so you can see for yourself how they work.
SemaphorTrue2
This indicator is often used by professional traders working using the Martingale system. The essence of the algorithm is to construct an invisible price channel. When one of its boundaries is broken, an entry signal is received in the opposite direction, so if you see a circle under the price, it means you need to buy an up option when this minute candle closes. If it is higher, buy down with expiration in 1 minute.
Its feature is very large number trading signals that will have to be filtered. You need to buy when the price is at the bottom of the chart, and sell when it is at the top. After you analyze whether it is expensive or cheap now, you will need to find an entry signal and purchase the option.
Let's look at its signals in the MT4 terminal and when a new signal arrives, we will conclude a deal in the binary options broker platform.
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A signal appeared above the candle. Open the Olymp Trade broker platform and make a deal to buy a down option.
The result is that the price dropped by almost 5 points and we made a profit:
As you can see, making money with this indicator is really easy. If the option closes unsuccessfully, you can double your investment and recoup your losses.
M1ForexProfitsupremeFilter
Highly accurate indicator for binary options trading. Work on it is carried out only when changing its color. A purchase is made when the color of the bands changes from red to blue and vice versa, at the moment the minute candle closes.
Looking at an example transaction, you can understand that this system gives trading signals much less frequently than SemaphorTrue2. This is due to the features of the algorithm.
Important! You cannot buy or sell an option if more than 1 candle has passed since the signal was generated; such transactions have a lower chance of success.
A significant advantage of this indicator is that 5-6 transactions can be concluded simultaneously on several currency pairs, which rarely happens when trading, for example, using candlestick analysis.
We see how the color of the yen/dollar currency pair has changed from blue to red, which means it’s time to buy an up option. Our broker’s platform is already open, so we just open the chart of the desired currency pair and conclude a deal with an expiration period of 60 seconds:
As a result, the price changed by 5 points and we made a profit.
Such indicators provide a significant statistical advantage and allow you to trade on large brokerage accounts without Martingale, due to 70-80% of profitable trades, which is quite enough to earn money with a fixed volume.
MACD1
Improved technical indicator, based on the classic MACD, using 3 moving averages and an improved signal filter. The essence of trading is to find the point where the color of the histogram changes. First, you need to look where the signal line of the indicator is. If it is below zero, you need to consider only sales, if above - purchases.
The second stage of signal search in input filtering. If the histogram changes color from green to red, you need to buy a down option. In the opposite situation, when the bars change color from red to green, you need to buy up. Naturally, transactions are concluded on the minute chart.
We see on the chart of the US dollar/Canadian dollar currency pair that the indicator histogram has changed color from green to red. Open the chart of this pair from the BO broker and buy a down option.
The result is that the price changed by only 0.1 points, but these are binary options, and we made a profit in full.
Please note that the parameters are different from the standard MACD parameters. This is due to the use of a more adaptive and accurate algorithm. Percentage of profitable trades at correct use is 82-88%.
BinaryCash_Comodo
Professional indicator for accelerating your deposit on binary options. The system is sold on zone.com for $150-200, but you can download it from us for free. It is easy to understand; buy signals are marked with green arrows, sell signals with red arrows. The analysis is carried out in the MetaTrader4 platform.
When working it is best to use minute options to make money on small price fluctuations in the morning and evening. Day trading is not recommended due to the release of important news. See how this works in practice.
We see that a down arrow has appeared on the Australian dollar/US dollar chart. Accordingly, we buy a down option.
This time the price went down by only half a point, but we made a profit.
We recommend changing the indicator period from 200 to 60, since we will need to algorithmically track the average value over an hour, and not 200 minutes. The number of transactions will also increase approximately 3 times. If you use the default settings, then it can be used for intraday trading.
On average, in 8 hours of trading, up to 20 successful transactions can be made on one currency pair. Choose those instruments with higher payouts, so you can earn more. If you receive a loss, increase the investment size by 1.5-2.5 times, depending on the level of aggressiveness of your trading.
Is it worth using these indicators?
The use of indicators on short-term timeframes of binary options allows you to consistently earn money, with a significant statistical advantage. But naturally, not all transactions will be profitable, and indicator readings must be used on time. That is, if you open a trade before the end of the minute candle, you may receive a loss. If you open it through a candle, you will again receive a loss. Therefore, here you will have to be careful and monitor the charts all the time. But the result completely pays for these efforts.
As we wrote above, the profitability of indicators is on average 80%. Experienced traders can earn 200-300% per day, while others sometimes expand their account from 1 thousand rubles to 10,000 or even more, then withdraw all earned funds and continue to earn from initial capital, time after time.
