5 Minute Binary Options Strategy
As you begin to trade in binary options, one of the things that you may be excited to learn about is the kinds of strategies that you can use to maximize your profits and minimize the effects of your losses. One of the most talked about strategies on the market today is known as the 5 minute binary options strategy. This is a fairly simple strategy that does not require a lot of complicated maneuvering, which makes it ideal for new traders, although it can also be helpful for experienced investors. With this strategy, you’ll need the ability to chart progress, a high quality brokerage service, and a willingness to be a little bit patient with your trades.
The best indicator to use with the 5 minute binary options strategy is known as the Derivative Oscillator. This tool is used to recognize trends in the marketplace. It employs complex technical analysis tools to monitor the momentum of an asset and create signals from the findings.
After you have downloaded this tool, you can open up your brokerage site and set your time windows to a period of five minutes. It is vital that you adjust this setting, as other time windows will not partner with this trade tool in the same way, compromising the results that you may experience using this strategy.
As a rule, the 5 minute binary options strategy is also partnered best with stocks traded at a high volume or currencies that do not have a high degree of volatility. Examples of high-volume stocks that you might consider using with the 5 minute strategy include Amazon, Apple, or other high-profile stocks. Common currency pairs that could work would be the USD coupled with the EUR or CHF, although other pairs can work as well.
Once these steps are complete, you’ll want to watch your indicator. When the oscillator bars are moving in the same direction as the price action markers, the time to act is close at hand. When you see a change in direction in the oscillator in comparison to the price action marker, it is the right time to input a trade action, again remembering to set the trade window for a time of five minutes.
Although every trade has some degree of risk, the 5 minute binary options strategy is a great tool for traders who want to be able to look at a single trade indicator and profit from the results. With just a few simple adjustments to your brokerage set up and a single market tool, you can take advantage of market trends in a profitable way.