Strategy for binary options, Forex and CFD - Bollinger Jurik Stark Band - Trend Following

Strategy for binary options, Forex and CFD - Bollinger Jurik Stark Band - Trend Following - a trend following strategy for a 5-minute time frame that allows you to find entry points using a moving average.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 15 minutes (3 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 20 minutes (4 candles)

Indicators of the Bollinger Jurik Stark Band strategy - Trend Following

• BollJurikStarc-TC_Sig_alerts

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.

Bollinger Jurik Stark Band Strategy - Trend Following: signal to increase

• The price is above the blue line
• Enter a trade when the up arrow appears

Bollinger Jurik Stark Band Strategy - Trend Following: downside signal

• Price below blue line
• Enter a trade when the down arrow appears

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