Binary Options Strategy Three indicators uses, as it was easy to guess, three binary option indicators. As working time scales one hour and four hours can be used. Such time scales can be found on our binary option graph. In general, one can say that the strategy works on any timescale.
However, we recommend you to use it for a longer period.
At the same time, you can use any currency pairs, which are in the arsenal of binary options, as trading tools. It is important for these currency pairs to have good volatility.
As the part of the strategy Three Indicators, the following support tools are used:
Note that in this strategy the other oscillators can be used either. The essence of the strategy is reduced to receiving signals, and oscillators are not much different from each other and with certain settings they may be duplicated. It should be remembered that the change of the indicators’ settings in this strategy is not necessary. All of them are used by default.
Using the strategy Three Indicators a trader can receive quite good trading signals, considering which he can buy binary options Put or Call. It is important to monitor carefully what kind of trend dominates the market. The first signal occurs when the Parabolic indicator occupies a position above or below the price graph. If it appears above the price, the trader should be ready to buy a Put option.
Next, you should pay attention to the behavior of the other two option indicators. In case of the uptrend’s reversal both indicators should turn red. In this case, you must wait until the candle closes and you can buy a contract Put. Note that when using Stochastic, its lines in this case should leave the overbought zone and go downwards.
If the binary option indicator’s curve Parabolic appears under the price, this is the first signal to the fact that at the market after a downward trend the upward one begins to form. In this case, the trader is recommended to prepare for the purchase of a contract Call. Further, one should pay attention to other indicators, which are used in this strategy of binary options. If they are painted in green, it means the uptrend is finally formed at the market.
To buy a Call option, you must wait until the current candle is closed. After that, a trader can enter the market. If instead of two oscillator indicators Stochastic is used, the trader must wait until it comes out of the oversold zone and go upwards. It will also be a strong enough signal to the fact that the current trend changes to an ascending one.
It is important to remember that before you open any position, you must wait for the confirmation signal, which is expressed in the closing of the current candle on the graph.
That’s all for now. Got any questions? Just ask the expert!