Scalping on binary options. Strategy «DOSKE»
Scalping in binary options trading is one of the most profitable and intuitive types of scalping. Moreover, with scalping «DOSKE» you are able to make a profit virtually with any financial asset and an option, as it is applicable to charts with any timeframes and tools.
In order to work on this system, you need to download and install on your personal computer the trading platform Meta Trader 4 from the company Grand Capital, with which you will be able to perform technical analysis of quotations of the financial assets.
Archive with indicators and template strategy you can download here. The installation of the archive with the indicators and the template must be implemented as follows:
- Open the data catalog of the terminal MT4;
- Move the folder «Indicators» to the folder MQL4;
- Move the folder «templates» into the root directory of the terminal MetaTrader 4;
- Restart the terminal and apply the template «Doske Scaling» to to the quotations chart.
Once you set the strategy pattern on the chart of the asset, it will get a following look.
Scalping on binary options. What indicators are used?
In this type of scalping, the following indicators are applied:
- Moving Average - a trend indicator, which shows the direction of the price movement of the instrument;
- QQE - a special indicator that measures changes in the general direction of the trend.
- The upper indicator QQE with period 6 crossed the level of 50 of its own scale upwards;
- The signal lines of the lower indicator QQE with period 60 are crossed in an upward direction;
- Green beams of the moving crossed the pink beams of the moving from the bottom up.
- The candle of the price is closed behind the purple movings in the top.
Scalping on binary options. Rules of entry the sales
- The upper indicator QQE with a period of 6 crossed the level of 50 of its own scale upwards;
- The signal lines of the lower indicator QQE with a period of 60 are crossed in a downward direction;
- Green beam of the moving crossed the pink beams of the moving from the top to the bottom.
- The candle of the price is closed behind the purple movings below.
Timeframe with which it is better to use the template of the trading system
To trade this scalping system, it is best to use the M15 timeframe. That is, for the construction of one price candle 15 minutes are used. As a rule, after receiving a signal to buy or sell, the price of the asset will move toward the intersection for about 45-60 minutes. That is, after the candle on which we got a signal to trade 3-4 candles will proceed in the same direction.
For this scalping trading system we can choose the following options:
- Classical binary option - to get profit with it we need to identify the subsequent price movement correctly. Just for this we will use the trading signals received by the system.
- Option Range - is an option for the breakdown of the price channel. The signal received by the trading system usually gives us the right to believe that in the future the price will continue to move in the direction of the breakdown. So, after receiving the signal through the system, we can trade the option Range to the breakdown in the direction of obtaining a signal (Out-Range).
- Option One-Touch -is the option to touch and repay of a given level. Signal that we got suggests that the price will continue to move in the direction of the breakdown of pink moving. So, after receiving this signal we can make a deal on the One-Touch option of the given strike level.
In addition, the specified trading system can be used in long-term options. To do this, it is necessary to put the pattern of the trading system on a senior graphic of the timeframes: H4 or D1, where one candle price corresponds to 4 hours and 1 day (respectively).
DATE OF EXPIRATION
For the selection of the time expiry of contracts on scalping binary options «Doske», we need to approach this issue taking into account the time interval where we have the strategy pattern.
So, if for classical binary options in the analysis of quotations we use the M15 timeframe, it is necessary to put an expiration period of 45-60 minutes. The same approach should be used for options Range and One-Touch.
What financial assets are used for trading binary options on scalping «Doske»
To trade this strategy you should choose the currency pairs, as originally this trading system was designed specifically for these financial assets. However, currently this kind of trade is used to trade other kinds of assets, such as stocks, commodities, indices, and metals.
During the period of testing this system a deposit for the 2 weeks of trading showed an increase of 50%. That is, the size of 1000 USD rose to 1,500 USD. At the same time the number of losing deals in a row did not reach more than 3.
To trade this trading system, you need to use the size of the transaction not more than 2% -5% of the size of the deposit. That is, if the deposit is 1000 USD, the transaction size should not exceed 20-50 USD.
GET RID OF THE LOSS AT ALL
Scalping in binary options «Doske» gives a sufficiently large number of profitable signals. On average, with 3 profitable transactions we obtain 1 unprofitable. Thus, in this system we may use the method of Martingale as a means of losses exclusion from trade. That is, if in one of the transactions we receive a loss, then the size of the next transaction should be doubled. In this case, the next transaction is a "discourage" of the losses resulting from the previous order and this will bring additional profit.
Scalping on binary options «Doske» is able to bring a stable daily profit. Especially if you use this strategy simultaneously on several instruments, so as to diversify the risks.
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