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Elder’s strategy “Triple Screen”
This method was developed by the trading expert Alexander Elder. “Triple Screen” strategy uses the data from three timespans: long, medium, and small. According to the Elder, each timespan should be at least five times longer than the previous one. The main principle is simple: open the position on M1 when the trend is the same on all timespans.
Strategy
Start the evaluation from the higher timespan, then move to the average and to the five-minute ones. Here you can identify even the 30 second binary options. Use the Stochastic to erase the false signals. This oscillator shows the balance between bulls and bears. If the predictor is above level 80, it is the end of the uptrend. If it is below 20, that means the end of the downward. Monitor the chart attentively and try to use only the best binary options software.
Binary options signals
CALL option. The uptrend for all timespans. Stochastic is above zero levels or in the overbought zone.
PUT option. Opposite situation. The downtrend for all timeframes. Stochastic goes down to the oversold zone.
If you want to see how to apply this strategy, follow the link and watch the video.
Tags : trading, binary options, trading strategy, how to make money
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