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Press ESC to close. Share Article:. analysis , BINARY , BINARY INDICATOR , binary option , Binary Strategy , forex , forex indicator , forex strategy , free forex strategy , NON-Repaint , scalping , strategy. Ghost32 [email protected]. August 11, German Sniper Forex Trading Indicator FREE Download. These indicators are as follows:. Always look for binary options brokers that make these indicators readily available. Looking at the aforementioned indicators, the 20 SMA, the 13 EMA and the 26 EMA manifest themselves as three lines that move around the line that represents that asset in the charting platform.

On the other hand, the Bollinger band manifests itself as two parallel lines in the charting platform. The middle of these two parallel lines represents the average value of the three aforementioned indicators. What the Bollinger band basically indicates is the upper and lower threshold of the position of the other three indicators. Think of this like a sandwich, the two slices of bread is the Bollinger band, while the three indicators 20 SMA, 13 EMA, 26 EMA are the filling.

As was mentioned earlier, the power of this strategy comes from its accurate anticipation of the subsequent movement of an asset. To use this strategy, make sure that the indicators are activated on your charting interface first.

After discussing what the Bollinger strategy is all about, the next step would be to learn how to use this particular binary option trading strategy to your advantage. Take a look at an example of a trading position below:. Assume that you noticed that the 13 EMA crossed over the 20 SMA. The 26 EMA also crossed over the 20 SMA and is about to cross over to the 13 EMA as well. In addition, you also noticed that the general direction of these three indicators is downwards.

In this particular situation, you have two choices:.

We will show you how you can generate 5 minute binary options signals. This is a complete strategy that you can implement in your trading plan. Traders use many different trading strategies that allow them to identify the best points to enter and exit their transactions. Some methods are based on candlestick patterns and some on indicators. The one I will present today joins the RSI, the EMA and the engulfing pattern. You must be logged in to your IQ Option account.

Today's strategy gives the best results in the markets with high volatility. Take it into account when choosing the asset. Set the chart timeframe for 1-minute. We will use two indicators in this strategy, the Relative Strength Index and the Exponential Moving Average. The RSI will be used to identify the medium-term trend. The EMA serves as a long-term trend filter. We will use the EMA with the RSI on the 1-minute chart.

Click on the Chart Analysis icon and find the RSI indicator. Leave the default settings. Then find the EMA and add it to your chart. Change its period to You can see on the above chart that my RSI has got just one horizontal line at the level of How I did that? I set the Overbought level at Then I went to colour settings and made the Oversold level transparent changing its opacity. This way I have an RSI indicator window with only one horizontal line I am interested in.

On the IQ Option platform , you have the possibility to save the configurations. This is very convenient when you use a strategy often. Next time you will just have to find a ready template instead of adding all needed indicators. Simply write the name you want this particular template to be called and click Save. You can save your indicators set as a template. The strategy is used on the chart with a 1-minute candlestick period set.

You should, however, keep the position open for 5 minutes. The assumption is that the price will fall or rise within 5 minutes from the signal received. So set the expiration time to 5 minutes for your binary option. Remember to keep your expiration at 5 minutes. Trading binary options with a strategy that combines the RSI, the EMA and the engulfing pattern is not very complicated. It requires you to follow a few simple rules and to act as soon as you get a signal to open the transaction.

The first thing is to observe the EMA line. The price bars should develop beneath it which indicates there is a downtrend. Next, look at the RSI window. There is a horizontal line with a value of The indicator should run below this line. With these two conditions met, wait for the bearish engulfing pattern to appear. The body of the bearish candle should engulf the body of the former bar. When you notice such a pattern, open a short position right when the next candle begins to develop. When you plan on opening a long position, there should be an uptrend in the market.

To ensure this is the case, check where the candles are developing in relation to the EMA line. You are looking for a situation where the price is above the EMA The last thing you are waiting for is the appearance of the bullish engulfing pattern. The pattern is valid when the body of the bullish candle covers the body of the previous price bar. Open the long trade immediately after the signal at the opening of the next candle.

Hold the position open for a duration of 5 minutes. The strategy that joins the EMA, the RSI and the engulfing candlestick pattern is quite easy to use.

You identify the trend with the help of the EMA, then assess the price momentum with the RSI and wait for the trigger which is the engulfing pattern.

You should observe the chart carefully and enter the trade right after the occurrence of the candlestick pattern. This will give the best results. Use this strategy to get quality 5 minute binary options signals. We are using the EMA here to identify the trend. We assume there is a downtrend when the price closes below it and an uptrend when the price closes above the EMA line. But as the price frequently consolidates around the Exponential Moving Average, you may wish to adjust these criteria a little bit.

You may, for example, rely on 5 consecutive candles. So you will identify the downtrend when the last 5 candles were below the EMA and the uptrend when the last 5 candles were above the indicator's line. You may also experiment with different trade duration. Maybe 4 minutes will work better for your profits. Or maybe 3? Whatever you choose, trade in the IQ Option demo account first.

You will not risk your own money but you will get the time necessary to try different settings and to find out what brings you the best results. Have you ever used the strategy that combines the RSI, the EMA and the engulfing candlestick pattern to trade binary options? Share your results with us in the comments section which you will find further down the site.

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Fulltime Day trading, and help Iq option wiki in my spare time to build an awesome platform to help beginners out there. digital-nomad, traveling all over the world. Skip to content Share on Facebook Tweet Share on Twitter Share on Linkedin Pin it Share on Pinterest. Trade now. General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. How useful was this post?

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A bollinger bands trading relies on this analytical view to determine if the underlying asset is overbought or oversold. When the market price as a candlestick or a bar form closes above the upper Bollinger band on the chart, then it is considered as a bullish breakout. The first thing is to observe the EMA line. Trading Binary Options With Bollinger Bands. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. For calculating Bollinger Bands, you need to figure out the moving average of 20 days.

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