Strategy «Shot» - fast options, fast profit

We present the next strategy on standard indicators of technical analysis. It brings a stable profit on short-term and medium-term binary options and is accessible even to newbie’s.

Strategy characteristics

Type:

Trend.

Timeframe:

Any in the range M1-M5. In our case, M1 is used, but with increasing period of analysis, the accuracy of the signal an increasing.

Trading asset:

Any currency pair. The main requirement is a fixed (2-3 points) spread and no hidden fees.

Trading time:

All Forex trading sessions.

Percentage premium option:

Not less than 70-75%.

Used indicators

The strategy uses three technical indicators.

  • Parabolic SAR. Determine the direction of the short and medium-term trend. Indicator points are below the price and directed up - an uptrend. Higher prices and directed downward - a downtrend.
  • Stochastic − the oscillator will assess the current balance between buyers and sellers: the predictor above level 80 − the end of the uptrend (overbought), below 20 − the end of the downward (oversold).
  • Awesome Oscillator (AO). The oscillator should finally confirm the signals of the previous indicators. Additional signals can be obtained using intermediate levels − in this case, the Williams Magic Oscillator will also work as an indicator of overbought/oversold conditions.

After installing the tools, the terminal's working window looks like this:

  • CALL-option. Parabolic SAR below the price, AO green and up. Stochastic is above zero levels or in the overbought area.
  • PUT option. Parabolic SAR is higher than the price, AO is red and down. Stochastic RSI also goes down to oversold.

Open a trade on the next candle after binary signals. Time of expiration of options has to be not less than 5-7 minutes even if as a working timeframe it is chosen of minute, as in our video.

 

Recommendations about use … 

  • Even on the minute timeframe, Stochastic rarely goes into the extreme zones and you can miss a lot of good deals. If price and Stochastic start moving in one direction − you can open an option!
  • During the publication of important fundamental news and statistics, we do not open options 30 minutes before the news and 30 minutes after the publication; cautious traders can close current deals. To control the events, we use the economic calendar included in the all popular binary trading platform!
  • Even though you can trade throughout the day, the most profitable results were obtained in the second half of the US session (from 16:00 UTC) and the end of the Asian session (until 06:00 UTC);
  • Expiration term. Look to steer a middle course: too short (1-2 minutes) and too long (10-15 minutes) option life is considered dangerous. In the first case, the price risks «not having time» to go in the right direction - we get a loss. In the second, the market will have time to turn around, which again gives a negative result.

Intraday strategy «Shot» represents rather reliable system of a conservative scalping for trade in the stable market. Parameters of trade tools can be changed according to the current volatility. Once again, we remind you that most profitable binary options signals will only be on trend areas, during the flat periods we remain out of the market!

Automatic trading according to the «Shot» strategy is possible: several versions of binary option bot can be found on the network, but, like on any scalping system, it is better to trade manually using this scheme. This will allow you to more effectively tune the system to market changes, and the multicurrency properties of the strategy guarantee you a stable arrival every day