Strategy for binary options, Forex and CFD - Bollinger Bands, RSI and ADX - a strategy based on bollinger bands, designed to search for entry points in the direction of trend price movement.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 25 minutes (5 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 30 minutes (6 candles)

Strategy indicators Bollinger Bands, RSI and ADX

• Bollinger Bands
• Average Directional Movement Index
• Relative Strength Index

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, RSI and ADX: signal to increase

• The price has broken through the lower Bollinger band
• ADX indicator below level 32
• The RSI oscillator line rose above level 30

Bollinger Bands, RSI and ADX strategy: downward signal

• The price has broken through the upper Bollinger band
• ADX indicator below level 32
• The RSI oscillator line rose above the 70 level

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