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  1. #1
    Master Member Bogdan G's Avatar

    BOMS: Binary Options Made Simple - Strategy !!!

    This thread is all about making Binary Options simple and easy to trade, hence the name BOMS (Binary Options Made Simple). You will not get a long rant from me, just a straightforward strategy which will hopefully bring more consistency to your trading. So without further ado, let's get to it:

    Tools:
    1. Exponential Moving Average period 34, apply to Close - GREEN
    2. Exponential Moving Average period 89, apply to Close - RED
    3. Trader's Dynamic Index (TDI), default settings - link to full review and download: http://www.binaryoptionsthatsuck.com...-into-clarity/

    Rules for PUT:
    1. RED EMA above GREEN EMA
    2. GREEN TDI line touches the UPPER Volatility Band (the blue lines are volatility bands)
    3. GREEN TDI line crosses DOWNWARDS the RED TDI line

    Rules for CALL:
    1. GREEN EMA above RED EMA
    2. GREEN TDI line touches the LOWER Volatility Band (the blue lines are volatility bands)
    3. GREEN TDI line crosses UPWARDS the RED TDI line

    If it appears complicated, believe me, it's not. Here are some pictures:

    PUT:
    http://prntscr.com/ctoiaq
    http://prntscr.com/ctojde
    http://prntscr.com/ctokbm

    CALL:
    http://prntscr.com/ctolyz
    http://prntscr.com/ctomzx

    Tips:
    The best trades are the ones where the signal comes inside the 2 EMAs but closer to the RED EMA
    Use trend lines! They are a great tool but very underrated.
    The use of this strategy does not substitute common sense and market awareness. It can be used just following the core rules but it will work much better in the hands of a trader with some experience.

    Disclaimer:
    Try the strategy on a Demo.
    Never invest more than you can afford to lose.
    I am not responsible for your losses.

    Keep this thread clean please. Posts that are not relevant to the thread will be deleted without warning.
    Questions are welcomed.

    BOMS Away!

    FULL ARTICLE EXPLAINING THE BOMS STRATEGY: http://www.binaryoptionsthatsuck.com...tegy-the-boms/


    Last edited by Bogdan G; 12-19-2016 at 03:43 PM.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  2. #2
    Master Member SeasaltMcFish's Avatar
    First impression: I love it!

    Surely going to play around with this one for a while. Could be used as confirmation.

  3. #3
    Master Member Bogdan G's Avatar
    Not a lot of trades with it, but I believe quantity shouldnt be our main concern
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  4. #4
    Master Member SeasaltMcFish's Avatar
    Indeed.

    First impression in back testing as a confirmation looks good, although I'm still looking for the best expiration time, fitting to this combination. Quantity in 2 week test about 40 trades, but of course I follow my own rules of donking

    I test this indicator without looking at the price (just put it out of screen range) and then check it with the prices, to see if it would have been a confirmation.

  5. #5
    Master Member Bogdan G's Avatar
    You're testing the TDI without looking at price?
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  6. #6
    Master Member SeasaltMcFish's Avatar
    Yep.

    I first want to see if I can read some development by learning to read the lines and then look if I was right and if it adds up to my own strategy.

    When looking at the price, I might come in temptation to be influenced by what I see, thus making the test results less clear.

    The TDI to me is meant as a confirmation of trades I would take, based on my own strategy and it looks like it might work.

    But I need to test a much longer period to be sure.

  7. #7
    Master Member Bogdan G's Avatar
    Quote Originally Posted by SeasaltMcFish View Post
    Yep.



    When looking at the price, I might come in temptation to be influenced by what I see, thus making the test results less clear.
    Oh, yea, now i know exactly what you mean. been there, done that
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  8. #8
    Active Member ForexFly's Avatar
    Again, the most important question for any strategy...

    which TF is recommended and BEST EXIPY TIME ?

  9. #9
    Master Member SeasaltMcFish's Avatar
    It's very depending how you use a strategy, so it's not easy to state a certain TF/ET. I would use this indicator as a confirmation, while others may use it as a strategy itself.

    Best way to find out your best TF/ET is testing, trying and learning.

  10. #10
    Active Member ForexFly's Avatar

    Tdi !!!

    As always, it is easy to analyze the indicator when it is formed in the past time. Then everyone knows what's going on after some points.
    The problem is at the moment when the red and green line intersect. How can I know whether after crossing, line will be flat or sharp, and i need then to open trade?

    Simply wipe all lines and candles from the chart to the point where the lines make crossing and then tell me whether it will be good place to trade or not?
    When I see what happened after the crossing before 1-2 hours, and when i see all candles after that, it is very easy to say whether is was a good place to trade or not.

    If I wait to see how the lines intersect (sharp or flat), after that it will be too late to enter the trade.

    (This is the case with the analysis of each indicator, not only with TDI)

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