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Thursday, 13 June 2019

The Binary Options strategy uses Strategy Bollinger Ban

Bollinger Bands are technical indicators that function to determine the movement of the "normal" price range for all assets. When prices are out of normal, this can be a sign to buy options.

What are the uses of Bollinger Bands Indicators?

To determine the entry point.
How to use?

Select "Bollinger Bands" from the list of indicators.

How does it work?



Bollinger Bands represent 3 lines on the price chart, which can narrow or widen depending on market volatility. When the market is quiet, Bollingerr Bands narrows, but when there are abnormal price spikes, Bollinger Bands will widen.

The orange center line is a simple moving average with period 20. The other two lines are movement is an indicator.

Bollinger Bands Strategy

"Bollinger Bands" is a trading strategy that is intended to establish trend reversals and price retreats to the average price level.




Simple pattern:

Apply the Bollinger Bands indicator to the indicator.
Wait until the candle penetrates above / below the upper or lower Bollinger Band.
If the candle is closed above the Bollinger band, this will show a signal that the price will immediately go down and return to the average - buy the put option.
If the candle is closed below the Bollinger band, this will show a signal that the price will immediately go down and return to the call option average.
Although very simply, Bollinger Bands are a very useful indicator. With practical experience and proper analysis it is very important when using technical indicators. This skill is what distinguishes beginner and professional traders. It should also be noted that Bollinger Bands are not instruments that are used for all purposes and are not 100% correct.
lYou need to combine it with other indicators to get more accurate results.


Also Read : Know What Is The TMT Scalping System In Forex?



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