Strategy for binary options, Forex and CFD - Bollinger Bands and CCI Reversal Trading System - a strategy based on the Bollinger Bands breakout and a signal filter, helps determine the best moment to open a trade.

Minimum Time Frame and expiration time

• Time Frame: H1
• Expiration time: 2 hours (2 candles)

Recommended Time Frame and Expiration Time

• Time Frame: H1
• Expiration time: 3 hours (3 candles)

Indicators of the Bollinger Bands and CCI Reversal Trading System strategy

• Sig_CCI

Risk management

Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.

Strategy Bollinger Bands and CCI Reversal Trading System: signal to increase

• The red candle closed below the lower Bollinger Band
• The green candle touched the lower Bollinger Band
• The line crosses up or touches the -100 level at the close of the intersecting green candle (the line should not rise above the zero level)
• Enter at the opening of the next candle, if it is not above the middle Bollinger Band

Strategy Bollinger Bands and CCI Reversal Trading System: downward signal

• The green candle closed above the upper Bollinger band
• The red candle touched the upper Bollinger band
• The line crosses down or touches the +100 level at the close of the intersecting red candle (the line should not fall below the zero level)
• Enter at the opening of the next candle, if it is not below the middle Bollinger Band

Trading on Forex and CFD

• Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
• The trade is opened after receiving a signal from the trading strategy
• The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
• The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
• Take Profit to Stop Loss levels are set depending on the selected time frame
• The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading