ATR-JMO Binary System (60min)

ATR-JMO Binary System – The ATR based binary options strategy makes use of two oscillators with relatively simple rules to follow. The strategy works best for 60 minute binary options expiry contracts and works across move asset classes.

Who is this strategy ideal for?

This strategy works best for both beginners as well as advanced traders, thanks to its very simple rules. The system however is prone to false signals as well, which is something to bear in mind. ATR-JMO Binary System works with Recomended Binary Options BrokerSee here >>

Indicators

  • ATR Ratio (7, 21, 0.8)
  • JMO Indicator
  • Chart Time frame: 30 minutes

ATR-JMO Binary System Signals

Call options

  • JMO indicator rises above 20 and ATR Ratio is greater than 0.8
  • Place a Call option on the next candle with 60 minute expiry

Put options

  • JMO indicator falls below 80 and ATR Ratio is greater than 0.8
  • Place a Put option on the next candle with 60 minute expiry

 

ATR-JMO Binary System Examples

Call Option

ATR-JMO Binary System CALL

  • The candlestick marked with the arrows indicate the indicators.
  • JMO indicator rises above 20 while the ATR ratio indicator also rises above 0.8
  • A call option is placed on the next candlestick with a 60 minute expiry resulting in a profit

Put Option

ATR-JMO Binary System  PUT

  • The candlestick marked with the down arrows shows the JMO and ATR indicators meeting the criteria
  • ATR Ratio is above 0.8 while the JMO indicator falls from 80 level
  • A put option is placed with a 60 minute expiry

Strategy Tweaks and Tricks

Simple as it may look, there are many false signals generated by this strategy, which is something to bear in mind when you are following this strategy. The system could perhaps be improved by combining candlestick patterns, which however would mean lesser number of signals.

Conclusion

Although the ATR based strategy looks simple, it needs quite a bit of caution. The trade signals do not have a high rate of success and more often than not, can result in quite a few losing trades. Unless you know what you are doing, this strategy is best left to the pros.

 

  Download ATR-JMO Binary Options System

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