Page 1 of 3 123 LastLast
Results 1 to 10 of 27
  1. #1
    Rookie Member

    My Strategy that was givin to me. !!!

    My binary options broker 24options gave me a strategy. It is pretty simple to follow but I would like to know if I could improve it.

    Basicly it is just Bollbands and RSI. When the price is above the Bands and RSI is above 70 I Put and when the price is below the Bands and Rsi is below 30 I call

    I back tested it and it seemed amazing. Then I demoed it and traded with about 60% success. It is profitable but barely although I haven't done many trades, I might of just been unlucky (or worse lucky) What signals should I add to this?

    Just as it is watching 8 differant instruments I get about 3 complete signals an hour, this is probably the best reason that I like this strategy because I don't get much time to trade.
    Last edited by hutchy1989; 11-27-2013 at 01:08 AM.

  2. #2
    Master Member Bogdan G's Avatar
    On what time frame are you using the strategy? BB with settings...? RSI with settings...? I would like to have more information so I can give you a good answer.

  3. #3
    Specialist Member LesterK's Avatar
    Bogdan is right. We couldn’t help you without aditional information on time frame – 1 hour, 1 day or else and BB and RSI setings. Also very important which is the instrument you trade and what is the usual time you initiate your trades (European, American or Asian session).

  4. #4
    Master Member Bogdan G's Avatar
    Yea, asset and trading session are important too.

  5. #5
    Legendry Member willyw's Avatar
    Quote Originally Posted by hutchy1989 View Post
    My binary options broker 24options gave me a strategy. It is pretty simple to follow but I would like to know if I could improve it.

    Basicly it is just Bollbands and RSI. When the price is above the Bands and RSI is above 70 I Put and when the price is below the Bands and Rsi is below 30 I call

    I back tested it and it seemed amazing. Then I demoed it and traded with about 60% success. It is profitable but barely although I haven't done many trades, I might of just been unlucky (or worse lucky) What signals should I add to this?

    Just as it is watching 8 differant instruments I get about 3 complete signals an hour, this is probably the best reason that I like this strategy because I don't get much time to trade.
    It would be best for a PUT on the next bar if the current bar closes above the BB upper band and the next bar opens higher and Call on the next bar if the current bar closes below the lower band and the next bar opens lower.

  6. #6
    Master Member Bogdan G's Avatar
    It's amazing to see how someone asks a question and then doesnt bother to read the feedback.

  7. #7
    Active Member
    Quote Originally Posted by Bogdan G View Post
    It's amazing to see how someone asks a question and then doesnt bother to read the feedback.
    It is Thanksgiving vacation here in the US. Most people are out of town with family.

  8. #8
    Master Member Bogdan G's Avatar
    Quote Originally Posted by drmare View Post
    It is Thanksgiving vacation here in the US. Most people are out of town with family.
    It wasnt Thanksgiving on the 27th and 28th

  9. #9
    Master Member Bogdan G's Avatar
    Also, there is nothing telling me that the original poster is from US

  10. #10
    Administrator Martin Kay's Avatar
    Quote Originally Posted by Bogdan G View Post
    Also, there is nothing telling me that the original poster is from US
    Don't feel that way. Some users are not so good handling forums.... I've numerous massages in my inbox about "how can I find my latest post??"... Feel good because you provided an answer, because you did something good, or maybe you've helped others... Let's just wait and see, maybe Hutchy will pop out suddenly?(:

    BTW- seems like Hutchy is from Australia. Time difference of a few days??

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3