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Bollinger Bands + RSI + ADX binary options strategy

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Bollinger Bands + RSI + ADX binary options strategy is used only for time intervals:
• From 2am to 5am EST
• From 8am to 12am EST
• From 7:30pm to 10pm EST

Also, in order to avoid loss, don’t use this strategy 30 minutes before or one hour after the news announcement marked red or orange in the economic calendar!

Trading strategy description

Trading assets: All the currency pairs
Time frame: 1M
Indicators used:
• Bollinger Bands (20, 2)
• RSI (7)
• ADX (14)
pic 1
Conditions required for buy options:
• The price rose above the upper band or fell below the lower Bollinger band
• The RSI rose above 70 or dropped below 30
• ADX readings do not exceed the value of 32

Buy option CALL:

• The price is below the lower Bollinger band
• The RSI drops below 30
• ADX doesn’t exceed the value 32
pic 2

Buy option PUT:

• The price is above the upper Bollinger band
• The RSI rose above 70
• ADX doesn’t exceed the value 32
pic 3

Refrain from trading:

• When price touches the middle Bollinger band
• When price touches the opposite Bollinger band

Conclusion

Bollinger Bands + RSI + ADX binary options strategy is an effective strategy for turbo options. Its efficiency is 83%. This strategy allows you to make money in a short period of time, and the use of three indicators filters the signals and eliminates the possibility of a wrong signal.

Comments

Nikitas's picture

hi!! please tell us the expiry time of this strategy because it is very interesting!! thank you!

Nikitas