Strategy for binary options, Forex and CFD - Sight Profit

Strategy for binary options, Forex and CFD - Sight Profit - a trend strategy for finding order opening points, based on moving averages.

Minimum Time Frame and expiration time

• Time Frame: M1
• Expiration time: 3 minutes (3 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 5 minutes (1 candle)

Sight Profit Strategy Indicators

• Sight Profit (2)
• Symbol changer - limited 1.1

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.

Sight Profit strategy: signal to increase

• All moving averages are directed upwards
• Buy arrow appears

Sight Profit strategy: down signal

• All moving averages are pointing down
• Sell 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