BinaryOptions Strategy “Bengal” (5 Min)

System works well with BINOMO broker

The binary trader’s productivity is mainly dependent on the accuracy of the forecasting system they use, as well as their discipline when it comes to assessing trading risks. Against this backdrop, we offer the professional, highly accurate “Bengal” strategy for market quote prediction. This trading system is characterized by a high degree of versatility, ease of operation, and accuracy of trading signals, as well as clear rules for reducing risks and trading losses.

Trading on the “Bengal” binary options strategy produces no less than 87% of bets with a positive result of expiration, which is a high-impact approach to working with financial assets.

The “Bengal” trading system – the optimum working conditions

The technical parameters of the system, as well as the conditions of risk management, will require the use of a terminal with highly professional services, among which the following should be included:

• A functional set of technical indicators
• The ability to set time periods for the trading chart
• A choice of underlying assets
• A high level of liquidity of trading bets
• Good speed of updating trading quotes and order processing for the registration of market positions
• The minimum trading conditions

To simplify the task of finding the most suitable platform, we recommend taking advantage of the professional, high-quality terminal for binary trading provided by the Binomo broker. On this platform traders get the following necessary set of technical and support services:

• A set of the necessary tools for automatic analysis
• Period settings for the trading chart ranging from 5 seconds to 5 minutes
• 80 positions of underlying assets
• Liquidity of trading bets of up to 90%
• High-speed updating of trading quotes and an order processing period of 1.7 ms
• Trading condition parameters – minimum contract amount of $1, amount of initial investment – $10

So, let’s build the technical template for the “Bengal” market prediction strategy. For this, we set the following list of indicators from the automated analysis tools on the Binomo platform on the trading chart with periodicity of price candle building at 15 seconds:

• EMA indicators with periods of 20, 10, 15, 5
• The standard MACD indicator
• The RSI  20 indicator, select level 50 on the scale of the technical tool

Thus, we get the following technical template format of the “Bengal” strategy to generate highly accurate market forecasts:

The “Bengal” binary options strategy – trading signals

To register binary bets DOWN, the trading strategy uses the indicators to form the following technical signals:

• The yellow EMA indicator moving averages converge in one point and change their building direction downwards
• The RSI indicator moving average that assesses the direction and strength of the trend intersects the marked scale level of 50 downwards
• The oscillator of the MACD indicator intersects the central level of the scale from top to bottom

To register binary bets , the trading strategy uses the indicators to form the following technical signals:

• The yellow EMA indicator moving averages converge in one point and change their building direction upwards
• The RSI indicator moving average that assesses the direction and strength of the trend intersects the marked scale level of 50 upwards
• The oscillator of the MACD indicator intersects the central level of the scale from bottom to top

The best mode of bet expiration when using these “Bengal” trading system signals is the use of bet expirations in the range of 300 seconds to 15 minutes. This time period allows for the most efficient and effective use of trading positions formed by the forecasting system.

Money management

To ensure that statistics for trading positions with negative results of expiration do not cause damage to your trading capital, and for the stable growth of the funds in your account, we use risk management limitations of the following format:

• For trading accounts with minimal investment, we use a trading regime with bets of the initial value
• For trading accounts of 100 USD or more, we use trading bet investments that amount to no more than 5% of the total funds.