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  1. #1
    Rookie Member

    Rainbow Strategy !!!

    Does anyone know the success rate of the binary options rainbow strategy?

  2. #2
    Rookie Member SweetAnalyst's Avatar
    I have heard about it nut not even tried it. I think it is much better if you can get advice from those who are using it. In my own opinion, success rate doesn't depend sometimes on the strategy coz there were some time that the market is low.

  3. #3
    Rookie Member BSB Oto's Avatar
    Hi Brickly.

    Like with any strategy, it takes much practice to master. The Rainbow strategy can be quite good, but only in the hands of a veteran. It seems easy when you look at the description and some example pictures, but the truth is, if you do not know how to use it, the strategy will fail you.

    The strategy itself does not work with ranging markets. You need to be able to determine a solid trend of an asset, only after than you should keep an eye out for a potential trade opportunity. I did use that strategy quite a long time ago, I felt it being a bit too "slow" for my taste.

  4. #4
    Legendry Member milos's Avatar
    Quote Originally Posted by brickly View Post
    Does anyone know the success rate of the binary options rainbow strategy?
    Hello brickly!

    Here is link below
    https://www.youtube.com/watch?v=UUW57rv9f7c

  5. #5
    Specialist Member Million Dollar Baby's Avatar
    The strategy seems to suck a lot. Just look at cross. If the rule is:-
    Enter at close of a candle after rainbow cross and exit at the close of candle after rainbow cross then you would end up loosing.
    Even if you enter as soon as cross occurs, your chances of loosing becomes even higher because Moving average can repaint itself according to market movement.

    Lagging indicators can be somewhat useful in conjunction with other indicators but using them alone, to get signals, could be disastrous for beginners and intermediate level traders.

  6. #6
    Rookie Member
    Quote Originally Posted by brickly View Post
    Does anyone know the success rate of the binary options rainbow strategy?
    will profitable on trend market only)) . not flat. and on trendable pairs, and trendable time (maybe london, NY open)

  7. #7
    Legendry Member Michael Hodges's Avatar
    not off the top of my head, besides, it would be impossible to reproduce... what is important is the success rate that YOU are able to get by using it.

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