60 Seconds Binary Options Strategy For MT4
Table Of Contents:
- 60 Seconds Binary Options Strategy For MT4
- Call option setup
- Put option setup
- Dealing with overlapping session
Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.
The 60 Seconds Binary Options Strategy For MT4 is a delicate trading method traditionally used by the highly skilled traders. But things have changed over the period as the ex4 files can compile the used indicators in this system and present it in the form of a simple template.
So, if you have strong analytical skills, you can take the trade without having any major issues. But remember the fact, the system has to be used to trade the option that will expire within the next 60 seconds. But there are no restrictions in selecting the time frame as the readings are taken from multiple instruments. But as a user of this trading method, you have to carefully analyze the variable and visual examination of the SR level is required.
Though 60 second expiry time might seem aggressive if things are done in the correct order, this system can generate immense profit.Stop getting confused by thinking lower expiry period is extremely risky. The reason the rookies are are advised not trade in such low expiry period is nothing but the precision required to deal with such time frame.Go through this article to learn more details about the such delicate trade execution with tight expiry period.
Call option setup
This first task is to find a valid support level. It might be a double bottom or any form of demand zone in the chart. But without having the demand zone in place, you can’t analyze the next step associated this 60-second system. After finding the key demand level, wait for the bullish arrow mark.
The signal line in the 60-second binary sto indicator will be bouncing of the oversold zone. The aqua color line will cross above the red line. Take your time and wait for the green bar to form at the RSX. The green bar must be formed at the positive side of the reference line.
After taking these readings, you can take your call option with managed risk. But don’t forget the fact, you must act fast. Go through the steps after the formation of the buy arrow market and the complete analysis must be done within 120 seconds. So, memorize the step to take the call option.
Put option setup
For the put option, we will find a supply zone. A supply zone is such a place where the price finds extreme selling pressure. Look for the rejection of the candle. Asses the 60-second binary sot indicator and see if it is in the overbought zone.
The aqua line will cross below the crimson red line stating the sellers have gained power. Stop taking the put option until you get the red bar from the RSX indicator. After you have matched the parameter, you can take the put option with low risk.
As the system depends on the 60 second expiry period, it is important to choose an asset that is exhibiting a strong downtrend. Without taking the trades along with the trend, it will be a tough task to make money. So, be careful about your trade execution model.
Dealing with overlapping session
Due to the sensitive nature of the 60 Seconds Binary Options Strategy For MT4, it is important to learn to deal with the overlapping session. As the market volatility is high, it becomes tough to stay in the right course for such a low expiry period. So, to avoid losing the trade, you can trade in the stable state of the market or chose an asset when the price not behaving randomly.
If you want to avoid taking notes of the trading session, PA incorporation is required with this trading method. Never blame your strategy if you lose the trade. Losses are very common and maintain a 75% win rate is good enough to ensure steady cash flow.
But stop taking the trades when the payout is relatively low. Find high risk to reward ratio in the trades so that the recovery factor doesn’t become overly complicated with this method.
Download the complete system description and the files here: