Top brokers
Binomo binary options broker description and reviews Binomo Detailed review
IQ Option binary options broker description and reviews IQ Option Detailed review
Verum Option binary options broker description and reviews Verum Option Detailed review
Opteck binary options broker description and reviews Opteck Detailed review
24option binary options broker description and reviews 24option Detailed review
More brokers
Home Rating strategies Strategy for turbo options «Pin-pong»

Strategy for turbo options «Pin-pong»

Strategy characteristics

Risk
  • 1
  • 2
  • 3
  • 4
  • 5
Profit
  • 1
  • 2
  • 3
  • 4
  • 5
Suitable options: turbo options, classic binary options Choose a broker
Expiry time: 45 seconds, 60 seconds, 120 seconds and 300 seconds

This strategy is reminiscent of a ball game, as the main indicator that provides signals to the entry in the position is situated between its levels of overbought-oversold like a Ping-Pong ball between two players from the country of the "Rising Sun", which is famous for the champions in this sport.

It is really so, as the indicator Mompinboll keeps track of all the slightest excess of the norm in the construction of each candle and provides all the excess on its own chart, which is a great sign for the entrance. At the same time, using a trend indicator MACD we can filter out all the wrong entries in the position and go with the trend avoiding the evil fate of traders who trade against the trend. After all, "the trend is our friend" - this is an old trading proverb.

So, let's get started considering the trade itself.

TRADE RULES

In order to prepare for a trade we need MT4, which is available for free download here. In the downloaded and installed terminal you need to download this archive and put the indicator and the template in the root directory folder of the terminal, as it is described in more detail in this article. After you did this, you get a graph of prices.


In the strategy we use only two indicators:
  • Mompinboll - which is the most sensitive indicator of a Momentum modification, indicating the middle-term direction of the charts. In this case, the indicator will be a source of generating profitable signals to the entry, evaluating the short-term entries of prices in overbought-oversold levels and pointing out the places of turns;
  • Indicator MACD - will serve as a filter, which in time will indicate the direction we need to go with the transactions at the market.
The strategy for turbo options «Pin-pong» shows the purchase signals when:
  • Mompinboll poked its line in the oversold level;
  • A histogram of the MACD indicator is above its signal line.
After the candle, which originated the signal, is closed, immediately enter the market for the purchase of Call-options.


The strategy for turbo options «Pin-pong» shows the sale signals when:
  • Mompinboll poked its line in the oversold level;
  • A histogram of the MACD indicator is under its signal line.
After the candle, which originated the signal, is closed, immediately enter the market for the sale Put-options.


Advantages of this strategy for turbo options trading:

  • A large number of transactions;
  • Trading during daylight hours;
  • No need for a large deposit;
  • It is necessary just a few hours a day to get the desired volume of profit.

Cons:

  • A small percentage of payments in turbo options;
  • The constant tension.

SUITABLE OPTIONS

Trading this type of option involves the use of turbo options. However, the fans of other ways of intraday trading can use this method of trading for larger timeframes by placing the template of the system on the chart H1 or H4, then this system of trade will be available for use by the classical binary options.

TERMS of EXPIRATION

When using turbo options, you will have to use the pre-settled expiration dates that are 45, 60, 120 and 300 seconds. These are the terms most often provided by the operators of financial services for the trading of turbo options. If you decided to use the strategy of trading classic binary options and set the template for the timeframe H1 or H4, the expiration dates are 2 and 8 hours respectively, which should be enough to exit the trades with the positive profit.

PROFITABILITY

The strategy of turbo options «Pin-pong» is not a grail, but it can give accurate signals up to 65% -70%, which, in principle, is also very good. Imagine that every 4th transaction is unprofitable, but at 3 previous transactions were profitable, and it means that you are in a good profit at the rate of $ 100, and will get at least $ 180 from each of these series.

If you decide to use this strategy for the classical binary options where there is a greater amount of payments and more accurate signals, the strategy will provide you with about $ 220 from every 4-5 transactions.

MONEY MANAGEMENT

Of course, high-frequency trading with turbo options is just the trading strategy that requires the most stringent precautions, as there are many transactions and the percentage of payouts are not large. Thus, your limit of the deposit is only 2% of the sum.



Strategies rating Brokers rating


Send comment: