Trading using BOSTS_1 indicator is very simple, however it is not without risks. You may have seen this indicator before as it is usually a part of more complex strategies. According to our experiences, this indicator works using Bollinger bands. It is trend indicator, therefore you don’t need to use trends if you use BOSTS_1.
We, however, recommend to use manually drawn lines of support and resistance. This indicator repaints itself, therefore is more suitable only as a support indicator – not the main source of signals
We will trade according to arrows drawn by this indicator
How to setup the chart
Timeframe: M5
Template: BOSTS_1 (Download it here: ulozto.net)
Binary options strategies and their accuracy
Trading according to some strategies may be a good start on how to learn binary options trade. However, it is not recommended to use only simple indicators.
Always use your experience and gut feeling, in addition to indicators!
BOSTS_1 binary strategy looks as following
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