Strategy “Intersection of moving averages”
The strategy based on the intersection of moving averages is simple, but with its help it is possible to obtain a very significant profit. This is not surprising, since often the simplest and easiest to use strategies give the largest income when trading binary options. To work on the chart, you can also build additional lines and support levels, price channels and trend lines. At the same time, the construction of additional shapes is optional.
The crossing of the moving averages is a reliable signal that will help establish entry points to the market and the right time to start trading. With this strategy, you can trade binary options with a good profit, even if knowledge in trading is minimal. To work effectively, you need to wait for an accurate signal, the main thing is to remember that “patience is the basis of success.”
Features of the strategy
The peculiarity of the strategy is the intersection of moving averages with periods of 5 and 20 on the thirty-minute and hourly charts. You can also use charts for a longer time period. Trading on short time intervals is undesirable, because. It has a large number of false signals.
Strategy signals
In order for a trading strategy to bring you positive results, remember the rules for entering the market:
Buying a PCI option
It will not be difficult to determine whether to open a put or call deal. If a moving average with a period of 5 crosses a slow moving average with a period of 20 from top to bottom, it is a signal to buy a put option.
Buying a CALL option
If the fast moving average with a period of 5 crosses the second moving average from bottom to top, this is a signal to buy a CALL option.
Strategy “Crossing of moving averages” at the broker Binomo
We recommend that you practice working on a strategy on a demo account of a reliable broker Binomo before real trading.
Among its advantages: positive feedback from traders, a simple personal account (with transaction history, information about the status of the deposit), a convenient functional terminal equipped with the necessary tools, a mobile platform, training materials, many ways to withdraw earnings, professional support. You can get acquainted with real reviews about the Binomo broker, as well as ask questions to traders here.
A detailed review of the Binomo broker is here.
Go to the official website of the Binomo broker here.
In order to buy a
CALL
option in the Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy
a PCI
option in the Finmax trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Bonuses broker Binomo
The advantage of Binomo is a lot of promotions for every taste, which can be found here. Working on the platform with bonuses, the trader not only gets a good chance of high profits, saves his capital, and can quickly get the most out of trading.
Binomo Weekly Tournament
Weekly tournaments from the official Binomo website are an opportunity to get real money for free. Such tournaments are held on Thursdays, traders with any experience who have a demo account with a broker can participate in them. The main prize, which is awarded to the winner with the highest profit during the tournament, is options worth $150.
Participate in the Binomo tournament
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