60 second strategy based on two simple indicators, and it is easy to follow. In my opinion, IQ Option is currently the most professional trading platform designed for binary options. You can easily set up your strategy on the chart by using the available indicators, such as Moving averages and Bollinger bands.
I am using the MA to define the trend and always trade with the trend when a candle is out of the Bollinger bands.
When the moving average shows a clear up trend, we can see many red candles break the bottom band. All red candles are followed by green candles. These green candles should be your Call trades in this strategy.
When you see the moving average is going down and see a break in the upper band, this is a clear signal for a Put trade as we expect the price to return in the bands.
Many of you guys are asking whether it is possible to create an auto-trading robot with this strategy. Yes, of course it is possible. The IQ Robots system is probably the best out there, but still, I don’t really trust robots. If you check the statistics, most traders lose money when they use robots.
If you want to be a successful trader, you need to trust your intuition and the robots do not have intuition. It is that simple. You’d do better trusting yourself instead of some robot. But this just my advice. If you believe robots can make you profit, you can try this strategy with auto-trading.
You cannot trade all signals. Just keep trading and developing your intuition on the markets. This strategy is not 100% accurate. You will see false signals. The trick is to keep your winning trades over 65%.
Be careful in cases when the moving average is going flat. I would not recommend placing trades when the moving average is flat.
You can always try the strategy on the IQ Option demo. Good luck in your trades!