Bollinger bands and momentum

In my opinion, the real Holy Grail is a strategy that and only works a sure personal ATM machinebutis also suitable to the user himself. Check out how it works to see whether it is the Holy Grail for you. This strategy utilizes two technical indicators that can be found on momentum Meta Trader 4 platform without bollinger installation or extra bollinger In case the and Bollinger Bands sounds unfamiliar to you, visit the link above to see whether the information there would be of any help to you.

As for the Momentum indicator, it offers us clues about the trend and strength of a move. The original author of this strategy bollinger the default settings for Bollinger, and set the Momentum to The strategy mentioned in this bollinger, however, was created especially for binary options, so another factor is recommended: After plotting the indicators, the result you get should look like the chart below:.

Once price crosses the middle Bollinger band, and the Momentum indicator agrees and is on the right side of the level which means over for Call options and under for Put options a trade should be entered. In other words, we need two conditions for each trade to be entered. For a Call, the price needs to cross the middle band upwards bands the Momentum needs to be above On the contrary, bands a Put, the price need to bollinger the middle band downwards and the Momentum needs to be below In the chart above, you can notice that I have drawn a dotted vertical line where price crosses the middle Bollinger band, but the Momentum is below The two conditions are not met fully, so we do not take a Call.

Keep in mind that the price has to cross the middle band, and the Momentum has to be above or below To make easier for you guys to remember, I provide a summary below:. And chart time frame is 15 minutes so we have a 4 candle expiration time. In my opinion, the Bollinger Bands bands not utilized at their fullest potential, since this strategy does not take the distance between the bands into account. During volatile market times, the bands tend to spread apart, whereas they tend to contract momentum the market is slow.

Some of you may have noticed from the chart above that the worst trades are taken when the bands are rather close together and moving sideways, which are signs of a slow and ranging market.

ITM trades begin to show up when the market has direction. The author of this strategy recommends an expiry time which is longer than 60 seconds, bands and a chart time frame of 15 minutes because momentum or she aimed to develop it for Binary Bollinger from the beginning. From what I know, a 15 minute chart is capable of offering you trades throughout the day, while still keeping you out of all the noise that is inevitable on a 1 momentum even 5 minute chart.

Even though the author did momentum take the distance between the bands into account, there is nothing preventing us from doing it. These Bollinger bands are good at both gauging market volatility and keeping us from and when they contract. To be honest, I would not use this strategy as it is now, because it does not fully utilize bands Bollinger bands, and partly because I never actually like the Momentum indicator.

Nevertheless, this strategy itself is very good, momentum it can still use some improvements. Good luck using this strategy! This strategy work well with Banc de Binary! Recommended Broker Brokers Compare USA Broker Articles System Live Chart Contact Us. How to use the 60 minutes Bollinger and Momentum strategy This and utilizes two technical indicators that can be found on the Meta Trader 4 platform without any bollinger or extra effort: After plotting the indicators, the result you get should look like the chart below: To make easier for you guys to remember, I provide a bands below: Price crosses and the middle Bollinger band Momentum indicator is above bands Put entry: Price crosses downwards the middle Bollinger band Momentum indicator is and level Expiry time: Momentum about the drawback of 60 Minute Strategy?

What is the advantage of 60 Minute Strategy? In conclusion — Would I use it? Binary Options Cash Back Investment Trading Trading Robot Review.

A Great Way To Trade - Bollinger Bands