best martingale strategy for binary options

Thither's No doubt that indicators nominate a trader's liveliness easier. Many testament help you specify when the cu is likely to reverse OR continue. Others will show you changes in trading volume.

However, they have 1 defect – imprison. Every indicators use previous monetary value data. Therefore version and interpreting any indicator needs some practice.

But what if you don't want to rely on indicators piece trading? Is there a trading technique that can reserve you to safely patronage without relying on technical indicators?

Simply put, yes.

This method acting simply relies along perusal a candle's color and ingress a trade in based on this. This guide will show you how.

Trading on IQ Option victimization standard candle color only

In my model, I'll be trading the EUR/USD pair. I'll also trade the 11am to 12pm time interval. The return is usually higher (in this case it's 87%). I'll also use the 5 minute separation candles.

When trading using standard candle color, your objective is to identify true candles. That is, a full bodied taper as opposed to special candles like the doji's and pin parallel bars. Once you identify a true candle, you should trade the next candle(s) that form after it.

With regard to money management, I'll use the Martingale Strategie on IQ option platform. This study requires you increase your trade amount for each consecutive deal. I'll enter into 6 trades before closing my trading session.

The chart below explains how the Martingale system leave be implemented.

How the 6 trades went

The first 2 trades went really well. Notice the ranging markets at the left polish off the graph. There's no apparent apodeictic candle so I had to wait. Once the first bearish candle developed, I entered a 5 minute sell position (incoming candle). The next candle was optimistic, so I entered a purchase position lasting 5 minutes also.

down and up trades based on true candles — The next session brought some mixed results. The market was ranging ahead a jumbo bullish wax light developed. My buy set resulted in profit. Next was a bearish candle which prompted me to enter a profitable sell billet.The close bearish candle prompted me to enrol a sell position which concluded up losing (3). Next was a bullish candle (4) which prompted me to enter a buy position. Luckily, this trade clad even. The close of the doji (5) was the same as the close of the bullish candle (4).

entries based on real candles — The next wax light that developed was bearish. I forthwith entered a 5 minute buy position which ended up organism profitable. I
ended up incoming 7 trades. Of these solely one lost, single complete up even and 5 were profitable.

Notes for using this simple trading method acting

Trading exploitation candle colors is a ensiform way to make money without relying on indicators. Yet, your trade debut should but occur when you encounter a full bodied candle.

This means that you'll have to expend a great deal of time analyzing your price charts to find the right pattern. Gross, once you've grasped the principles rear end this method, devising money happening I.Q. Option shouldn't glucinium problematic.

Now that you've learned this simple trading technique, try it out along your practice write u. I'd love to hear your views in the comments section below.

Fluke!

Bart Bregman

Fulltime Day trading, and help Iq option wiki in my spare time to build an awe-inspiring platform to help beginners unstylish there. #integer nomad, traveling all over the world.