Bollinger Bands and RSI

Bollinger Bands and RSI

Experienced traders know well how to use binary options signals and pointers to comfortably trade binary options. Each of the traders, in addition to binary options signals, uses their own proven trading strategy.
Therefore, all beginners should know that proper market analysis, patience, thinking and market knowledge are required.
For an accurate analysis of market movements, I use the vfxAlert signals and this simple strategy.

Features of the strategy

Type: scalping.

Currency pairs: Any having a significant intraday volatility.

Charts period: Between 30 to 60 seconds.

Trading period: The entire forex trading day.

Trading methods

Modify your trading system pointers.

Bollinger Band (BB)

Standard deviation: 2.

Period: 40

Relative strength index (RSI)

Period: 6

Signal Conditions.

PUT: When the price drops from a higher BB margin and the RSI drops from level 80.

CALL: When there is a rise in the price from a lower BB margin and the RSI increases from level 20.

The adaptive (M1 or M5) ought to have a vfxalert indicator that has the same direction as the recent strategy indicator.

a detailed description of the strategy, as well as other strategies for binary options, you will find HERE