Binary options rsi strategy - Binary Options Rsi Strategy

Binary options lines rsi


    Not much money because of some silly mistakes but profit is profit.

    Like all indicators, it is just a formula that calculates the relation between time and price. The RSI is a technical momentum indicator that compares the magnitude of recent gains to recent losses, based on the average of up and down close days, in an attempt to determine overbought and oversold conditions of an asset. Oscillators are indicators that are best used in ranging markets, hence the two 30 and 70 levels. When the indicator crosses the 30 line from below, it gives a signal to call and when it crosses the 70 line from above, it gives a signal to put.

    Look at my results. The Euro Loss came without reason, I took a trade without evidence and clues, just from my greedy, and of course was OTM. First of all I want to say that I made some small changes to my RSI, the period is now 3 instead of 8 in closethe overbought zone is 92 instead of 70 and last the oversold zone is 8 instead of My first trade was a put, a little bit risky because was against the mini- up trend.

    binary options lines rsi

    Moreover, our 3 period RSI was overbought make payeer money break the trend line I drew higher- lows, mini-uptrend. The trade was ITM. The third indicator which I have in my chart is a 64 period CCI which helps me to identify the momentum.

    binary options lines rsi

    Above zero bullish blue color and below zero bearish brown color. Notice that now I have a 5min chart ,not a 1min chart. In my second trade I took a call in the call arrow.

    binary options lines rsi

    The red binary options lines rsi is a recent support. Loot at the price behavior.

    After the reversal in which I took my first trade the price is moving down. Finally hit the Furthermore the 3 period RSI is now oversold and breaks the trend line I drew lower-highs, mini- down trend. For finding the best entry you could use an oscillator like stochastic or you could analyze a smaller TF like the 1min chart.

    • How to make money with some money
    • Stochastic and RSI are both well respected technical indicators.
    • Rsi indicator binary
    • Accueil Sem categoria Rsi indicator binary optionsccips.
    • Newcomers especially can profit from the RSIs clear predictions.

    Kind Regards.