We would like to note that our binary trading system has nothing to do with trading strategies in the price fork that use pure mathematical manipulation of the price of the contracts; such systems have different names and are not effective in binary trading. Our “Fork” system is built on a simple chart service, which is on the Binomo broker’s platform and is a great tool for generating high-precision forecasts for turbo options.
A broker for trading on the “Fork” system.
Besides having the necessary technical service on the platform for building trading strategies, the broker differs from the competition in its reasonable trading conditions: a minimum of 10 USD to open a trading account, and an initial 1 USD for trading positions. These trading conditions provide a wide range of possibilities, among which, of course, the following stand out: the availability of binary trading – a market participant can start the process with a minimum investment and efficient capital management – the trader, having contracts of the minimum value at their disposal, can select optimal risk management regimes in a specific market situation and, as a result, trade on the options market with maximum efficiency.
Building a “Fork” system template
So, we choose an underlying asset on the trading platform with fairly high volatility and good payment contracts. Ideally, we use the EURUSD pair, and with the help of the chart service, we draw market levels. This is done by connecting the maximum and minimum market points in the beginning of trend movement formation, as illustrated in this screenshot:
As you can see, we simply connect the three market extrema points and obtain a fully formed market price channel in which quotes will continue to fluctuate during trend movement. It should also be noted that the fork loses its relevance in the case of breakdown of one of its borders. In this situation, we build a new channel, which is also indicated in the example. Now, we add a filter indicator to the chart, and proceed to study the signals. As an auxiliary technical means, we use the standard MACD indicator.
The “Fork” system for binary options – trading signals
Signals to register a binary option DOWN:
- The asset price touches the upper border of the fork’s price channel
- The oscillator lines cross in a downward direction on the fear indicator
Options are registered upon the formation of a complete combination of signals:
Signal to register a binary option UP:
- The asset price touches the lower border of the fork’s price channel
- The oscillator lines cross in an upward direction on the fear indicator
Options are registered upon the formation of a complete combination of signals:
The combination of trading approaches based on technical analysis and indicator strategies that are used in the “Fork” trading system help you achieve the maximum effectiveness of the strategy, which, on average, fluctuates in the range of 85-90% profitable trades overall. These performance indicators help quickly build up working capital in your trading account.
The “Fork” system demonstrates the highest rates on short-term turbo options. The optimal period of expiration in order to maximize the efficiency of the system is 60 seconds. During this time period, quotes cannot make sweeping or impulse fluctuations within the fork channel, which allows for guaranteed profitable trading positions.
Money management
Turbo options, and high-frequency binary options trading in general, differs in its high level of trading risk. To ensure your working capital is not subjected to deep drawdowns, minimum trading transactions should be used. With this in mind, the Binomo company has set the initial value of a contract at 1 USD, which, as we have said, provides ample risk management capabilities for any volume of trading capital. If you are an aggressive trader and have a large amount of trading capital, the level of risk can be set to a maximum value of 3% of your total balance. This level should be considered the maximum possible and breaking it is not recommended, as it can lead to a total loss of your balance.
