Binomo trading strategy with Double Bollinger Bands. The basis for opening an order in this trading strategy is based on the signals of the Double Bollinger Bands. This is a technical indicator that allows traders to find very good reversal entry points. This trading strategy uses 2 Bollinger Bands with 2 different Standard Deviations (2 and 2.5). What to remember when using Bollinger Bands and RSI when trading on IQ Option. Bollinger Bands and RSI indicators should be used to trade long positions only. If you’re using 5 minute candles, you should enter trades lasting at least 30 minutes. This will ensure that your trades will not be affected by price fluctuations that occur when the RSI divergence finally ends and the indicator moves ... Video on how to conduct reversal trading using Bollinger Bands combined with RSI. Bollinger Bands indicator . Bollinger Bands is a tool developed by John Bollinger in the 80s of the last century. This indicator appears as one of the very useful tools to analyze market price movements. It works somewhat better than other tools such as Stochastics, SMA, etc. Bollinger Bands indicator in IQ ... How to Set Up Bollinger Bands on Binomo. Bollinger bands are a pretty popular type of indicators, not just on Binomo, but also in other trading platforms. That’s because they’re quite easy to understand and use for any trader out there. If you’d like to know more about them in general, you should take a look at our Guide to Trading with Bollinger Bands on Binomo. Final tips when using Bollinger Bands and RSI to trade on Binomo. Using Bollinger Bands and RSI to trade on Binomo may seem easy, but there are a couple of things that you should remember first before attempting to use this indicator pair. First of all, they should only be used to trade longer trading positions, never short positions. That’s ... Such a strategy is a trading, based on the use of Bollinger Bands in combination with effective oscillation instruments. Due to the increased accuracy of the combined signals, you can earn considerable profit, earning an income on 85% of open positions. And their increased recurrence will make it possible to rapidly increase the size of the operational depot capital. Contents. The scheme of ... How to use signals: Choose a trading instrument from the categories: Currency, Commodities, Indices, Stock. Choose a time interval on the price chart of the instrument you selected. The time interval can be varied from 1 minute to 1 day. The summary appears below the selected instrument: the forecast based on the data of several technical indicators.
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