LSMA in color Binary Options Strategy For MT4
Table Of Contents:
- LSMA in color Binary Options Strategy For MT4
- Call option setup
- Put option setup
- Fine tune the trading method
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 LSMA in color Binary Options Strategy For MT4 is a bit more advanced trading method that requires a structural understanding of the trend. Binary alert, LSMA in color, GSOH2 and GSO alert is our indicator for this edge.
But we don’t have to set up the parameters of this individual indicator since we know the ex4 file can setup up the trading environment. Knowing about the key steps to take our trade is enough to make money with this options trading method.
As we will be taking data from different types of indicators, the strategy is not dependent on any specific time frame. However, the expiry period for the trade should be limited to 240 minutes.
In case, you reinforce this trading method with the help of the price action signal, you don’t have to deal with the options that will expire after 240 minutes. But remember, the success of this system greatly depends on your trade execution skills.
Call option setup
Anticipating the price will go higher, and create a new high is suggest to us to take a call option. Notice the two bands moving average that changes its color. Before it changes its color to green and gains a positive slope, we will spot a yellow mark below the red twin moving average.
The yellow mark is a buy signal and it tells the bulls are getting ready. For the price color of the moving average to turn into green. After it turns to green the GSOH2 indicator curve will push above the 0.0 mark. Take your call option right at that instant. Note that the candle must be above the green line or else it will be tough to take the trades with discipline.
Never get biased by seeing the high success rate of this call option trading method. Be well prepared to take the trade with low risk so that few losing trades don’t make you frustrated.
Put option setup
The strong bullish rally in the price will come to a halt after hitting a major resistance level. Though the twin moving average will be green in color, you have to wait to sell arrow marks to appear above the bar. After the sell arrow is printed on the chart, get ready to see the color change in the moving average.
It will turn into dark red and the slope will be pointing south. The GSOH2 indicator signal line will fall below the 0.0 mark. After it falls below the zero lines, you have to carefully execute the put option.
When the sell order is triggered, it is important the payout for the trade is above 70%. If not, there is no reason to take the trade. People often lose money with this amazing system as they don’t consider the payout of the trade as the core element of this strategy.
Fine tune the trading method
The LSMA in color Binary Options Strategy For MT4 might require some sequential step but it is very hard to observe the market dynamics and follow the rules. You can create a simple journal and write down the checklist that you need to fulfill before you execute the trade.
Though it might increase the workload, it will make you a disciplined trader. Most important, you will slowly learn to avoid losing trades and it will allow you to make the right decision in the most complicated market. Regarding the expiry period, the optimum expiry period lies from 1 hour to 240 minutes.
However, it is not a hard rule that you must blindly follow. Try to sync with the trading method so that you can cope up with the complicated market data and this will slowly help you to build confidence in this system.
Download the complete system description and the files here:
Partially Automated Trading Besides Your Day Job
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