5 Minute Trading Strategy For Deriv Platform - DYNAMIC STRATEGY

Hello traders! Will not get bored We here continue to provide information about trading strategies. There are several trading strategies that we have shared for Forex platforms, crypto, as well as binary options. But in this article, We will share a very dynamic trading method for binary options platforms. That is, the Deriv/binary.com platform, with a trading duration of 5 minutes.

The standard technical analysis tools available on all trading platforms are the most reliable and simple way for Us to make money trading binary options (DERIV). The "DYNAMIC" strategy proves it by using trend indicators and an assessment of the dynamics of price movements. The following are the characteristics of the strategy that We will share:

Type: Inclination.
Timeframe: M1-M5
Trading assets: Any currency pair. The main requirement is a fixed spread (2-3 points) and no hidden fees.
Trading time: All Forex trading sessions.

Indicators

The strategy uses two standard indicators, including the following:

Bollinger Bands (BB) indicator.

This indicator in such strategies has the role of reporting the direction and volatility of the current trend, and the movement of the horizontal line will indicate flat - in this case, it is better not to exit the market, especially if the price moves in a narrow channel.

Commodity Channel Index (CCI) indicator.

Commodity Channel Index (CCI) indicator. it is important to indicate the dynamics of price movements or how quickly the trend that is happening is currently developing or ending. you need to know that, the prices of all trading assets (currencies, stocks, futures, indices) move cyclically between local maximums/minimums. In the strategy, "Dynamic" is used as a confirmation of trading binary signals from Bollinger Bands.

If after installing the tool, then the terminal working window will look like this:

Deriv platform

Trading Signals To Make RISE/FALL Buys:

RISE. The first condition for opening an upward trade or "RISE", Price should push away from the lower border of the Bollinger or break its middle line from bottom to top. The Commodity Channel Index is above the zero level. For more details, you can see the picture above in the "CALL OPTION" section. Then the CCI Indicator should signal that the asset is overbought (that is, it is necessary to wait for a decline) if the line rises above the level (+100), and oversold (waiting for the growth of the abdomen) if the line is below the level (-100).

Fall. To make a purchase down or "FALL", the condition is actually the opposite. The price has not crossed the upper limit of the Bollinger or the price breaks the middle from top to bottom. The CCI indicator is below zero. To understand it see the image above the section "PUT OPTION".

Recommendations for use:

The longer the sideways movement of the Bollinger Bands continues, the higher the likelihood of a strong trend after its completion. In such cases, you can open a trade at the first sign of a CCI reversal.
During the publication of important fundamental news and statistics, not open options 30 minutes before the news and 30 minutes after publication, We can close the current transaction.
If there is a good and possible trend, you can open several options with different expiry dates to take maximum movement with minimal risk.

DISCLAIMER:
Methods or strategies available are only for informational purposes and are in no way an action guide. The owners of the site and the program do not accept any responsibility for the use of the information provided on the website and in the programs that have been created, as for any errors. The information on this site does not constitute a public offering.