Binary Options - Strategies for Beginners

Every day, at least a few people ask me what are the best strategies for beginners. To be honest, I never knew what I could say about it because the effectiveness of the strategy depends on many factors - and above all on the stock market conditions. In this article, I will present you 3 subjectively selected strategies that should work well in the hands of a beginner binary options investor. I was guided by the selection of investment methods simplicity of use, availability of indicators and easy adjustment to trading conditions.

RSI + Stochastic strategy

  • Add RSI indicator (14)
  • Add Stochastic (13,3,3)

After adding these indicators, your chart should look similar to the one from the attached picture. The strategy is to invest during broad stagnation - it is very important and you must pay attention to it. The easiest way to determine stagnation is to see if the price is breaking its previous highs or lows. If the price moves sideways, you can safely invest with decent effectiveness.

CALL option for 5 minutes:

  • RSI is near sell-out (does not need to break through the bottom line)
  • Stochastic intersects in the sales zone

PUT option for 5 minutes:

  • RSI is near redemption (doesn't need to break bottom line)
  • Stochastic intersects in the buyout zone

The strategy works best during stagnation

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Stochastic + EMA strategy (30,50)

  • Add indicator Stochastic Oscillator (20,3,3)
  • Add EMA (30) - green color
  • Add EMA (50) - red color

The strategy is to invest in line with the trend and only in such circumstances should we use it. The compilation of EMA30 and EMA50 creates automatic levels of support or resistance (depending on the trend). Based on these lines, we are able to determine the zone in which the price will finish making the correction and will again start to follow the prevailing market force. Stochastic generates signals.

CALL option for 5 minutes:

  • The price is near two EMA zone
  • Stochastic intersects in the sell-out zone

PUT option for 5 minutes:

  • The price is near two EMA zone
  • The price intersects in the redemption zone

The strategy works best during the trend

Bollinger + RSI strategy

  • Add Bollinger Bands (14,2)
  • Add RSI (14)

The Bollinger + RSI strategy is one of the easiest methods to invest in binary options. The strategy works well during stagnation. The Bollinger band creates for us automatic levels of support and resistance, which signal when we should prepare for opening a position.

CALL option for 60 seconds:

  • The price hits the bottom of the Bollinger ribbon
  • RSI is on sale
  • We open the position on the first growth candle

PUT option for 60 seconds:

  • Price hits the top of the Bollinger Bands
  • RSI is on redemption
  • We open a position on the first downside candle

The strategy works best during stagnation

Summation

As you can see, there are some simple strategies that beginners can follow. Remember to pay attention to the stock market conditions the strategy will pair best. All examples are presented in 1 minute charts. It is best to play the options 1 second before the candle closes - this is the best way to enter your position.

7 thoughts on "Binary Options - Strategies for Beginners"

  1. I am the initial player on binary options. I have a question where to take charts for individual strategies.

    1. The matter is quite simple. Set the system clock to show hour, minutes and seconds. If you receive a signal, say at 23:21:59, you open position 🙂

    1. Hey, on the right side of the screen you have the "Time" tab. You set the time for the option to expire there. Remember to open positions in 59 seconds so that the play lasts equal minutes 🙂

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