31# Binary Options Strategy: Bollinger Bands Breakout

Bollinger Bands Breakout High Low Binary Options Strategy intraday trading

 

Submit by FX Trader 16/11/2013

 

Binary Options Strategy: Bollinger Bands Breakout is an intraday strategy based an breakout of the Support an Resistence.

This Binary options strategy is very effective and accurate.

 

 

Time frame 30 min

Expires time 120 min

 

Forex Indicators

Bollinger bands (20 simple moving average, 2 standard deviation);

Show 1-2-3.

 

Rules for Binary Options Strategy: Bollinger Bands Breakout

Draw two lines: 1°on the level of the Rh High and 2° on theRh Low

 

Buy Call

When the price previously broken the lines on Rh high & then closed above the upper bollinger band, open a buy call position at opening of the next bar.

 

Buy Put

When the price previously broken the lines on Rh low & then closed above the upper bollinger band, open a buy put position at opening of the next bar.

 

Open two positions during the same breakout only if the price retraces on the moving average (20 periods).

Binary Options Strategy: Bollinger Bands Breakout (Template)
Binary Options Strategy: Bollinger Bands Breakout (Template Metatrader 4)
binary options strategy bollinger bands
compressed file archive 14.8 KB

 

I recommend, using this strategy in markets trend 4H and Daily time frame. This is the most important condition for using this strategy with profit.

 Binary Options Strategy: Bollinger Bands Breakout
Binary Options Strategy: Bollinger Bands Breakout
 Binary Options Strategy: Bollinger Bands Breakout
Binary Options Strategy: Bollinger Bands Breakout

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