Double red strategy binary options

Double red strategy binary options

Fractals S&R with Double Bands Strategy is a great trading system with a good profitability. This strategy is based on fractals support and resistance in combination with two Bollinger Bands. This strategy can be used also for trading with binary options high/low. Currency 13/5/ · The double red strategy is a binary options trading strategy that aims to catch a short-term bearish movement on an asset; usually in a matter of minutes. This type of strategy is also know as option blogger.comted Reading Time: 4 mins The Double Red Strategy | Binary Trading

Strategy for trading binary options called Double Bolli

Double Profit Levels double red strategy binary options free system by Vladimir Ribakov. This is strategy that Vladimir Ribakov offer for free on their Forex Libra Code website Forex Libra Code official website. System based on 2 indicators Moving Averages and filter-indicator for MetaTrader 4, double red strategy binary options.

Double Profit Levels is professional-grade trading system. Once the template has been applied successfully, your chart will look similar to this:. Before you can begin identifying Buy and Sell trade setups using the Double Profit Levels trading system you need to get familiar with the individual components of the system.

It is important to understand how to interpret the different positions you may encounter while trading the system. There are two indicators that are used in this system. The first MT4 indicator is called the DPL1 and the second indicator is referred to as the DPL2. As you can see on the image below, the DPL1 indicator comprises of 3 major Double red strategy binary options Average lines Blue — Fast, Red — Medium and Yellow — Slow and 5 minor Moving Average lines 2 dashed Blue lines and 3 dashed Yellow lines.

This indicator is used to determine whether the trend is Bullish or Bearish. On the left hand side of the chart below you can see the lines have formed a Bullish channel and on the right hand you can see the lines have formed a Bearish channel. The DPL1 indicator will ultimately determine the direction in which we trade, double red strategy binary options.

If the DPL1 indicator is Bullish, we will only consider entering the market with Buy trades. On the other hand, if the DPL1 indicator is Bearish, we will only consider entering the market with Sell trades. This is a great way to identify the market direction but in order to really pin point our trade entries we need to use the DPL2 indicator. On the following chart image, you can see the DPL2 indicator:. When the DPL2 appears Red in color it means the trend is Bearish and we may only consider Sell trades.

The appearance of a Red Bearish Entry Arrow on the price chart will alert us to an area where we may consider entering a trade provided all other entry criteria have been met more info on these other criteria on the next page. When the DPL2 appears Green in color it means the trend is Bullish and we may only consider Buy trades, double red strategy binary options.

The appearance of a Blue Bullish Entry Arrow on the price chart will alert us to an area where we may consider entering a Buy trade provided all other entry criteria have been met. When the DPL2 bars appear Grey in color it means price is in Neutral territory and we may not consider entering the market double red strategy binary options any circumstances.

Now that you are familiar with the indicators used as part of the Double Profit Levels trading system it is time to get familiar with the rules for identifying Buy and Sell trade alerts.

Here are the rules for Double Profit Levels entering Buy trades:. Wait for a Blue Bullish Entry Arrow to appear on the price chart. We will refer to this candle as the alert candle. Confirm that the DPL2 bars are Green in color. Confirm that the DPL1 is Bullish. Confirm that price has broken above either the most recent high or a trendline.

If this has not occurred as yet, wait for at least 2 candles to close before considering the signal void. Set your Stop Loss a few pips below the most recent low. Set your Take Profit the same distance away from the entry level as your Stop Loss or greater.

On the following page you can see an example of a Buy trade as per the rules of the Double Profit Levels trading system.

At Point 1 a Blue Bullish Entry Arrow appears on the price chart, this candle is the alert candle. At Point 2 we can see that the DPL2 bars are Green in color and at Point 3 we can see that the DPL1 has just started to turn Bullish, double red strategy binary options.

At this stage we check to see whether price has broken above either the most recent high or a trendline. In this double red strategy binary options, we can see that price has already broken above the High at Point 4. We are now in a Buy trade and we can set our Stop Loss a few pips below the most recent low at Point 7. Finallywe can set our Take Profit the same distance away from the entry level as our Stop Loss as can be seen at Point 8.

As you can see, we are taken out of this trade with a profit within a few candles when price hits our Take Profit. This is the reason why professional traders perform so well. We do not try to predict where the market will move instead we focus on sticking to the rules at all times. Always remember that if you encounter a scenario that double red strategy binary options not match the rules you should avoid placing a trade.

Wait for a Red Bearish Entry Arrow to appear on the price chart. Confirm that the DPL2 bars are Red in color, double red strategy binary options. Confirm that the DPL1 is Bearish, double red strategy binary options. Confirm that price has broken below either the most recent low or a trendline, double red strategy binary options. Set your Stop Loss a few pips above the most recent high. On the following page you can see an example of a Sell trade as per the rules of the Double Profit Levels trading system.

At Point 1 we have a Red Bearish Entry Arrow that appears on the price chart, double red strategy binary options. This candle is the alert candle. At Point 2 we can confirm that the DPL2 bars are Red in color. Next, we can confirm that the DPL1 is Bearish as shown at Point 3.

At Point 4 we can see that price has already broken below the orange trendline connecting the Lows. Finally we set our Stop Loss a few pips above the most recent high at Point 7 and set our Take Profit the same distance away from the entry level as your Stop Loss at Point 8. Price continues to fall and we are taken out with a profit within a few candles. This part of Forex Libra Code system…. Rate this post: 13 votes, average: 4.

Rey Medina, as I know these indicators does NOT repaint …but system works well on trend markets only …not flat. Dollar edges higher, hovers near 2-month peak. Asia currencies step back before U. jobs data; exporters lift won. Eurozone Retail PMI: September sees slight decrease in sales. Recommended by ProfitF :.

Forex Broker Binary Broker ForexVPS FX-Signals BO-signals. PROFIT F About Us Write For Us Affiliate Program Advertising Contacts. Trading Forex, Binary Options - high level of risk, double red strategy binary options. Please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction. Home Forex Brokers Binary Options Brokers Trading Software Forex VPS Signals Analysis Other Tools Forex Education Forex Strategies BinaryOptions Education Binary Options Bonuses Binary Options Strategies Articles Humor ProfitF Write For Us Advertising Contacts.

On the following chart image, you can see the DPL2 indicator: When the DPL2 appears Double red strategy binary options in color it means the trend is Bearish and we may only consider Sell trades.

Double Profit Levels SYSTEM RULES Now that you are familiar with the indicators used as part of the Double Profit Levels trading system it is time to get familiar with the rules for identifying Buy and Sell trade alerts. Here are the rules for Double Profit Levels entering Buy trades: Buy Trade Rules 1. Rey Medina says:. ProfitF says:. Arpit says:. Add your review Cancel reply Your email address will not be published. Recommended by ProfitF : Forex Broker Binary Broker ForexVPS FX-Signals BO-signals.

MACD strategy — Trend Line and MACD. XYZ Breakout Strategy. Forex Brokers Reviews Binary Options Brokers Reviews Trading Software Forex VPS Trading Signals. Newest Forex EA, Systems. UltimateProfitSolution Forex Libra Code Binary signals indicator FXOxygen EA FastFXProfit System. Social Networks. Facebook Twitter YouTube Subscribe to us.

Double Top pattern in Binary options trading

, time: 4:42

The Double Red Strategy | Binary Trading

The Double Red strategy is a binary options strategy that uses such skills of a binary options trader. This strategy is a Bearish strategy, or one that is based on the Put option trading, where a PUT option is purchased to take advantage of the market price’s decline Double Red/Green Strategy. Another similar way to trade after a reversal is the double red/green strategy. There are many traders who using it especially in short- term trading. If you are trading 60 seconds binary options like me, take a look to the 5min chart to identify if there is a strong trend 13/9/ · The strategy works by using two stochastic oscillators to set trend and pick entries. For the first one, select the levels (21, 9, 9) where 21 is %K, slowing is 3 and %D is 3. You should set the second oscillator to (9, 3, 3). The standard levels for oversold is 20 and for overbought 80