Prestige Trading Strategies

This section is dedicated to binary option trading strategies that have been personally used by PrestigeBinary, favored among traders around the globe and proven to increase profitable winning trades. Because there are numerous amounts of trading strategies, we have selected our top favorites that are user-friendly and easy to follow, with High ITM (In The Money) success rates. We will do our best to thoroughly explain each of our trading strategies in detail with step-by-step instructions on stetting up your trading charts.

Setting Up

Our set-up for trading strategies are very simple. First you will need to start by accessing an Asset Charting Solution such as FreeStockCharts, or MT4. Personally we prefer to use www.freestockcharts.com because not only is it FREE, its very easy to start up. Plus the color-coded aspects of their tools make it very easy to read and distinguish moving average patterns, trends, price directions, and so on.

As a reminder, if your new to trading binary options, we encourage you to test your skills with our trading strategies on a Demo Trading Account. This will help you familiarize yourself with online trading and how it works, without risking real money. If your ready to invest and make profits, be sure you register yourself with a Reliable Broker with a solid reputation and great customer support.

What are Moving Averages??

A moving average is a ‘trend-following’ or ‘lagging indicator’ based on past prices. Two basic & commonly used MAs are the Simple Moving Average (SMA): simple average of a security over a defined number of time periods, and the Exponential Moving Average (EMA): identifies more recent prices. The most common applications of MAs are to identify the trend direction and determine support and resistance levels. ***If you don’t understand all my technical mambo-jumbo, DON’T WORRY! In my tutorials below i will explain more in simpler terms for everyone to understand πŸ™‚


  • Powerful 10 Minute Trading Strategy – Great for Beginning Traders!!!

NOTE: This Strategy can be used for any currency pair. However, through experience we find it works best with the EUR/USD pair because of its low vitality and is the most reliable currency pair to invest with.

If your looking for something simple and effective to implement, then you cant go wrong with our Powerful 10 Minute Strategy! As fellow traders in the industry, we personally understand many trading strategies can prove difficult to follow, especially if your new to trading binary options. One of the Highlights about our 10 minute strategy are the requirements of only 2 simple indicators, or “moving averages”.

Moving Averages Set-Up
Moving Averages are located in the ‘Add Indicator’ Tab which represent the average prices. For this strategy, we will be setting our indicators in periods of “10” and “3”. The period of 10 is set to display the average price of your asset over the past ten days. With the other period of 3, you are seeing the average price of the asset for the past three days. There are three different types of moving averages: ‘front-weighted’, ‘exponential’, and ‘simple’. Today for this particular strategy, we will be using SIMPLE – both set at periods of 10 and 3.

Applying the Strategy

Below is an illustrated example of how implementing this strategy would look. You will notice our two moving averages set at periods of 10 (blue line) and 3 (yellow line). Be sure to set your time frame on you chart at 10 Minutes for we will be placing trades expiring at 5-10 minutes. Make sure your are trading the Eur/Usd pair. The Simple Moving Average Line (SMA) set at the period of 3 is our Signal line. So whenever our Yellow line crosses our Blue line, we place a trade in the direction the yellow line is heading. In other words, if yellow crosses blue in an upward direction, we place a CALL trade. If yellow crosses blue in a downward direction, we place a PUT trade. Remember to place trades with expiry times no longer than 5 – 10 minutes. As you can see below, we won 6/7 trades!!

5 minut strategyThis binary options trading strategy has been formulated with novice traders in mind, but can also be used by traders from all experience levels. Personally, we still continue to utilize this strategy after years in the industry because it has proven to be not only simple and quick to follow, but EFFECTIVE!! Adopting this new powerful and straightforward strategy correctly, traders will see a constant success rate of 72% – 100% in their sessions.Β 


  • Bollinger Band Strategy

Bollinger Bands are used as a technical analysis indicator allowing us to measure currents price volatility for any underlying asset. These volatility (Bollinger) bands are located above/below the moving average lines, forming a “Range” which is continually adjusting upon market fluctuations. Our visual description below is an example of how your Bollinger Band set up should look like.

Bollinger Band Set-Up

In order to start using this popular binary options trading strategy, first you need to set the time frame of your chart to 5 minutes. This strategy combines the following chart indicators found under the ‘Add Indicator’ tab: Bollinger Bands & Moving Averages. You will need to set up two different moving averages; one set at 365 (Blue) and the other set at 180 (Red). Be sure that both moving average ‘types’ are set at “Exponential”. The bollinger band’s default setting are 20,2. There is no need to change these settings.

Applying the Strategy

Using the bollinger band strategy, you will need to identify three conditions:

  1. Overall Trend of Currency
  2. Crossing/Closing of Candle Stick on the Upper or Lower Bollinger Band
  3. Reversal Confirmation Candle – Engulfing Candle

Identifying the overall trend of a select currency is found by looking at the positions of both Exponential Moving Averages (EMA).Β UPWARD TREND: If the Blue EMA (365) is below the Red EMA (180). DOWNWARD TREND: If the Blue EMA (365) is above the Red EMA (180). In an upward trend, look for a candle stick to cross & close outside the lower bollinger band. In downward trends, look for a candle stick to cross & close outside the upper bollinger band. In order to place trade, make sure an Engulfing Candle forms after the candle that crossed an upper/lower band. By crossing the upper band, look for an engulfing Bearish candle. If it crosses the lower band, look for an engulfing Bullish candle. Again, make sure the time frame on your chart is set to 5 minutes because this strategy involves making trades with expiry times of 30 minutes to 1 hour.

bollinger bandIn our illustration above, the Blue EMA was below the Red EMA (not shown because picture was zoomed in), which identifies there’s an Upward Trend. We waited until the large red candle stick closed outside the lower bollinger band. After the engulfing candle closed we entered a CALL trade to expire in 30 minutes, at around 10 pips below the closing of previous engulfing candle. As you can see, we are in the money after 30 minutes or even 1 hour. Bollinger band trading strategies are among the top favored strategies used by PrestigeBinary and we hope you’ll enjoy using the too!


Simple Price Action {coming soon!}

 

22 thoughts on “Prestige Trading Strategies

  1. Mark

    I’m trying to join Facebook group says I already exists. Not sure why

    Reply
  2. vamsi

    Sir iwant to invest in binaryoptionatm software.what is your opinion.i am from india,i have only one broker i.e empireoption.what is your opinion

    Reply
    1. PrestigeBinary Post author

      Hi Vamsi,
      We tested BinaryOptionnsATM a few months ago and were impressed with the results even though their website looks rather childish. Nevertheless I was happy with the results. Even though you already have an account with Empireoption, youll still need to deposit the a broker recommended by the BinaryOptionsATM software in order to activate the software. keep me posted if you decide to trade with them

      Reply
  3. Robert Firmin

    Spent a couple of hours reading over and over about Trading Strategies.
    Until it became clear as to what to do. Printed out the graphs as a reference as well.
    Friday was a success with the 10 minute strategy. Will try the Bollinger Band Strategy on Monday.
    This looks a bit more complicated.
    Terrific web site. Thanks for all your help. I finally feel I am getting somewhere.
    What do you mean by “Engulfing” bullish candle.
    And do I trade when the yellow line ‘exactly’ crosses or should I wait a few moments until it has cleared the blue line?
    Regards
    Robert

    Reply
    1. PrestigeBinary Post author

      Hi Robert,
      Good Question, an engulfing candle is a candle that’s basically bigger and going in the same direction as the previous candle. Place the trade when it crosses AND closes the ‘yellow’ line.
      Good Luck πŸ™‚

      Reply
  4. Lynn Austin

    I want to try the 10 minute moving average strategy with a broker who uses does not provide 10 minutes expiry – Does provide 15 minutes expirary. Should I go with 15 mins using the same 2 moving averages? Also, I placed these 2 indicators on charts with many other currency pairs and they seemed to work with these. Lastly, can I use this same strategy with Forex pairs?

    Reply
    1. PrestigeBinary Post author

      Hi Lynn,
      You can place 5 minute trades if youre not able to use 10 minute expirations. They both work really well with this strategy. I wouldn’t use 15 minutes because thats too long and the asset could change direction. This strategy only applies to binary trading, NOT Forex.
      Hope this was helpful.

      Regards
      Paul

      Reply
  5. Steve

    HI Paul. Is there a video that you’re aware which demonstrates the 10 minute moving average strategy?
    Also, do you have an opinion on the broker BinaryBook? I just signed up for Binadroid and was assigned to BinaryBook and they have some pretty poor reviews online. I’m American so I know I have limited options.
    Thanks!

    Reply
    1. PrestigeBinary Post author

      Hi steve,
      Ive been trading with binary book for over 6 months and never had any issues with them. I also received them as my broker through the buffett software too. The main cause for issues between clients and brokers are the bonus offers because of their strict contingencies. As long as you dont accept these bonuses, you wont have any issues with your trading process.
      For the 10 minute strategy, here a link to my recorded walk-through from my channel – https://youtu.be/CbCv8vksZQY

      Reply
  6. Catharina

    Is it really save to create a demo trading account? We will not be obliged to created a real account and fund it?

    Reply
    1. Roger Dixon

      Hi ,
      I use I Q Options because they have a free demo acc that you do not have to deposit with them to use. Also they are regulated.
      Roger

      Reply
  7. George

    Do you have any particular time or session you trade with this strategy daily?

    Reply
    1. Paul C. Post author

      Hi George,
      Most of the time i trade between 8pm – 12pm GMT

      Reply
  8. Nicholas

    hi, im what program would you recommend im just seeing the copy buffett system and im really confused into what program would be best can you please help? I have a really tight budget and i don’t want to lose money with the wrong program,You’re help would be greatly appreciated

    Reply
  9. richie g

    what currency pairs can i use with the bollinger band set up

    Reply
    1. Prestige Post author

      Hi Richie,
      you can use any currency pair or asset while using the bollinger band strategy

      Reply
  10. May

    Very nice explanation of strategies. Thanks for sharing your knowledge.

    Reply
    1. Prestige Post author

      hi Janete,
      the TIA Robotic app is available for most countries, but not all. Simply click the following link and fill out your basic information. If a broker is automatically provided for you by the app, this means the software is available for you to join. Tai Robotic App – http://tiny.cc/TAIRobotic
      If you cannot join, Email me directly at prestigebinary@gmail.com and ill send you some simple tips you can use to join iif you’re interested.

      Reply

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