The best 60-second binary option trading strategy, which is introduced to you in this tutorial, is one of the best and most famous binary option trading strategies, which several reputable brokers have recently introduced, and this is a great opportunity for great returns.
There are many different binary options trading strategies that allow you to profit. The most important thing is definitely money management, maximizing profits and minimizing losses. In this tutorial we will only focus on the best 60 second binary options trading strategy.
60 second binary options trading strategy
There is no strategy that can perfectly predict how the price of a stock or currency will grow in the next 60 seconds. However, we can employ the strategy that gives us the greatest chance of supporting our prediction. We prefer currency options for this strategy due to volatility. You can use any charting software that has the following settings for this strategy:
- 1 minute chart
- Haikin Ashi candle
- Bollinger Bands [20,2]
- Moving average [31]
- RSI [7] (grey line) plus Moving average MA [4] (yellow point)
- Directional movement +DI/-DI [6]
Tradingview.com is a great example of charting software to use.
For CALL 60 seconds Options you have to follow these conditions
- Heikin Ashi Candles have touched the lower Bollinger Band that means a reversal of a trend.
- +DI line (green) has crossed from below the -DI line (red)
- RSI moving average (yellow dots) have crossed the 30-mark from below.
- Make sure that at least two Heikin Ashi candles have formed in the same colour (green). The best and most effective candles are Heikin Ashi candles without “shadow” or “wigs”.
For PUT 60 seconds Options you have to follow these conditions:
- Heikin Ashi Candles have touched the upper Bollinger Band that means a reversal of a trend.
- -DI line (red) has crossed from below the +DI line (green)
- RSI moving average (yellow dots) have crossed the 70-mark from above.
- Make sure that at least two Heikin Ashi candles have formed in the same colour (red). The best and most effective candles are Heikin Ashi candles without “shadow” or “wigs”.
Important points, binary options trading strategy
Always watch out for important support and resistance levels. Avoid trading if the price is directly within the daily range/close. Before doing the analysis, you should first draw the daily open and close price with a horizontal line in your trading chart, so that you can keep it in mind when trading.
Note: Do not trade if the volume is small!
Always be careful with the volume as well. MA moving average [31] is more of a trend indicator than providing any kind of signal. You can set the Directional Movement Indicator (+/- DI) for your currency pair and trading session. Note that we use a slightly lower DI for the Asian market session as opposed to a longer DI value for the London or New York session.
The best 1 minute binary option trading strategy is very easy and profitable. The most amazing thing about the 1 minute binary options trading strategy is that it is fast. If you missed a DI-cross, don’t worry. The next chance is in a minute, literally.
You don’t have to wait for the next big swing like many forex traders do. These fluctuations appear only once or twice a week. If you missed this opportunity, there is a great chance for you to come back. With our 1 minute binary options trading strategy, the next move is probably not 10 or 20 minutes away. You will come across an unlimited number of potential trading options during your trading. And you don’t have to leave situations that cause sleepless nights. It only takes a minute to figure out what’s going on!
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