Strategy “Bollinger Bands from the middle”
This binary strategy is based on the trend movement of a binary asset, its meaning is a double confirmation of the trend, which makes trading profitable at times. The main advantage of the strategy is the timely identification of impulses for price movement.
The trading system generates quality signals through the use of a reliable Bollinger Band indicator. This tool is one of the most popular and effective in trading. The middle line of the indicator determines the main direction of the trend (the price movement of the asset). Its extreme bands (upper and lower) show the boundaries of the channel. The narrowing of the bands means price consolidation and signals an imminent jump.
Signal to buy a CALL option
Buying occurs when a candle breaks through the middle trend line from bottom to top, after which the next candle breaks through the upper band:
Signal to sell a PCI option
Selling occurs when a candlestick breaks through the average trend line from top to bottom, after which the next candle breaks through the lower band:
The strategy “Bollinger Bands from the middle” at the broker FiNMAX
To make your trading a comfortable and effective process, pay special attention to the broker with whom you will work. We recommend trading in the modern platform of the broker FiNMAX. Advantages of the trading terminal: availability of the necessary tools, a guarantee of high income, a simple personal account, quick deposit and withdrawal of funds, transaction history, up-to-date analytics and news.
You can see what the terminal workspace looks like in the image below. By choosing a FinMax broker, you increase the efficiency of your work on the strategy at times!
A detailed review of the FiNMAX broker is here.
Go to the official website of the FiNMAX broker here.
In order to purchase a
CALL
option in the FiNMAX trading terminal, follow these steps by going to the finmaxbo.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 purchase a
PCI
option in the FiNMAX trading terminal, follow these steps by going to the finmaxbo.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.
FiNMAX broker bonuses
The official website of FiNMAX especially attracts traders with constant profitable promotions and bonuses, which can be found here. By trading bonuses, you save your personal capital without exposing it to the risks of loss and work much more efficiently.
Tournament on demo accounts from FiNMAX
Free tournaments of the official FiNMAX website are held for market players with any trading experience who have a demo account with a broker. The tournament supports talented traders, giving them the opportunity to get real money for further trading without replenishing the deposit. This money can be withdrawn in any convenient way or traded on the site.
Participate in the FiNMAX tournament
Tagged with: Binary Options Strategy
