Bollinger Bands Breakout Binary Options Trading Strategy

This is a binary options strategy high/low based on the Bollinger Bands breakout method. This is applicable to any markets such as forex, stock, commodities, futures, and, CFD. This system works best on a 1-minute timeframe with an expiry time of 5 minutes and also this is a trend following method, might as well ou trade in the direction of the trend using the turtle channel indicator.

Metatrader Indicators:

• ATRRatio indicator periods( 7,14,1);
• Turtle Channel indicator (20-10);
• Bollinger Bands (20, 1).

Call Entry:

• The Trend is up: Turtle Channel line Dodge Blue below the price.
• ATR Ratio Value is greater than the gray line.
• The price must close out the upper band of the Bollinger Bands.
• “CALL” at the opening of the next bar.

Put Entry:

• The Trend is down: Turtle Channel line red above the price;
• ATR Ratio Value greater than the gray line.
• The price must close out the lower band of the Bollinger Bands;
• “PUT” at the opening of the next bar.

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