Binary trading professionals have developed many trading systems on the basis of the MA (moving average) indicator. With different combinations of settings and display forms, this technical device is capable of accurately determining asset quote movement trends; therefore, the MA indicator is the most popular and commonly used indicator in binary trading strategies. We have developed the “Wilder Plus” system of binary options by combining the parameter settings of four moving averages, as well as the RSI indicator. As a result, we got a system with 80% effectiveness, which we will consider further in this material.
The “Wilder Plus” binary trading strategy – requirements for the trading terminal
The undisputed prerequisite for using the “Wilder Plus” system is the indicator service built into the trading platform. Then, we need to implement trading conditions with the minimum parameters of the initial deposit and the low initial cost of the contract. And, of course, you must have a good selection of assets, accurate quotes, and an optimal range of contract expiry times.
The market today is saturated with brokers, but that does not mean that you can easily find an effective trading platform. Most companies are relaxed about the quality of their retail services; therefore, efficient binary trading on those platforms is not possible. The Binomo company’s terminal can be suggested as the most suitable one, where you can take advantage of the following range of services:
A professional-level trading terminal with its set of indicators
The “Wilder Plus” binary options system – applying strategy indicators
The template of the “Wilder Plus” binary options strategy is made up of the following list of technical means:
The indicators strategy system looks like this on the quote chart:
The “Wilder Plus” binary trading strategy – trading principle
The basic principle of trading with this strategy is the registering of options at the time of a change in the direction of the trend movement, which the indicators of the system identify as follows:
After the formation of the strategy indicators, we conclude a contract UP:
After the formation of the strategy indicators, we conclude a contract DOWN:
Money management and expiry times
To effectively use the “Wilder Plus” binary trading strategy, the following rules to minimize potential losses must be used: the level of the cost of a trading position is limited to 5% of the amount of funds in your control. If the amount of working capital does not allow you to use such trading risk parameters, we will use contracts from the Binomo broker with the initial cost.
The main types of contracts for trading with this strategy that we use are binary options with expiry periods of 15 minutes. In addition, the effectiveness of the strategy does not change when you use options with periodicities of 5 minutes. Using a series of contracts with expiration intervals of 5 minutes allows you to increase the volume of trading profits.