Trend following BO strategy (60 sec)

Trend following BO –  60 second binary options trend following strategy is fast paced, momentum and trend following strategy. While the strategy makes use of just one indicator, the key to success with this strategy is how fast you can execute a trade when the indicator gives a signal.

Who is this strategy ideal for?

Beginners and advanced traders alike can make use of this trading strategy. But as we mentioned, it is all about the speed as some times price can move so fast that by the time a binary options trade is placed, you might end up getting a new opposite signal.

Indicators

  • SixtySecond Trade indicator
  • Chart Time frame: 1 minute

The Sixty second trade indicator is nothing but based on ADX (48) settings. Traders would know that ADX indicator is a trend oscillator and one which does a good job at showing when a new trend is starting or when a trend is going to end.

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Signals

For Put Options

  • Place a Put option when the ‘Red’ dot appears on the chart with a 60 second expiry

For Call options

  • Place a Call Option when the ‘Green’ dot appears on the chart with a 60 second expiry

Trend following BO strategy Examples

Put Option

60sec-putoption

  • Once the ‘Red’ dot appears on the screen, place a 60 second trade for a ‘Put’ option

Call Option

60sec-calloption

  • When the Green dot appears on the screen, place a 60 second trade for a ‘Call’ option

Strategy Tweaks and Tricks

While the strategy looks robust the way it is, the main factor is multiple signals. As shown in the ‘Call Option’ example chart, we had two consecutive green dots, meaning two Call options for 60 second expiry followed immediately by a 60 second red dot or ‘Put Option’.

It is easy to get lost with the signals and end up making messy trades. So discipline is of utmost importance for this strategy.

Conclusion

Trend following BO strategy  is a very robust and simple trading strategy that requires a trader to be fast to place the trades. Also, be careful with multiple signals which can create confusion. 

  Download FREE Trend following BO strategy

LAST UPDATES: NEW Binary Arrow indicator with ALERT Buy It Now >>

Here screenshot:

60sec-alert-ind

 

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  • Jahanghir Miah

    is there anyway in having an alerts system for the green and red dots?

    • ProfitF

      Hello Jahanghir Miah,
      I think any MQL coder ca add email or/and pop-up alert to this indicator. But this work is not free 😉

  • Ben

    Hi, why the signal dots are so far from the candlestick may i know?

    • ProfitF

      Ben, I think you use other Template file and Indicators. Download it and install once again. In our TPL one indicator only. Without ZigZags and MA indicators

      • Ben

        Hey, i try to re-download it again and i applied to an empty chart, but it seems like still the same problem. By the way, i have a question, is the dot only will appear to the last candlestick instead of the latest candlestick? Because i notice that the dot will only appear to the last minute candlestick when the latest candlestick is form.

        • ProfitF

          Strangely(((. I tested its. and all is OK. I hope anybody will report here if will have same problem

          About your question: dot may appear and disappear on CURRENT candlestick. So you need waiting when candlestick will closed. I hope you understand me ))

  • Radomir Tomovic

    Hello,
    On my BO indicator a dot appears on cnadle when it closses, not during it’s formation. Is it normal?

    • ProfitF

      Yes, it’s OK!!

      • Radomir Tomovic

        Thx, hope it will be profitable. 🙂 Will inform. 🙂

      • Radomir Tomovic

        In the middle of a candle creation a dot appears on previous candle. Is it OK to put a trade that momment, or on next candle ?

  • TheGuayonica

    The NEW Binary Arrow indicator with ALERT for is the same as Trend Following BO Strategy (60 seconds) with add on sound alerts?

    • ProfitF

      It’s improved version with pop-up alert

  • yanin

    NEW Binary Arrow indicator with ALERT : Win rate %?

    • ProfitF

      Don’t know))

  • TheGuayonica

    Can you add sound alert?

  • TheGuayonica

    With MT4 you can program a indicator to do pop-up alert (just a window), sound alert, email alert and Push notifications

    • ProfitF

      OK. We’ll do it. I’ll let you know, when it’s done.

    • ProfitF

      TheGuayonica, Now available 60secTrades-alert new version – 1.4. With sound, pop-up, email and push notify ALERTS 😉

  • Radomir Tomovic

    Hello,
    Need help. In the middle of a candle creation a dot appears on previous candle. Is it OK to put a trade that momment, or on next candle ?

    • ProfitF

      My advice – waiting candle will closed

      • Radomir Tomovic

        OK.
        What daytime is best for trading with this indicator?

  • Ravindu Karunathilaka

    Is that indicator with alerts still available for sale?

  • Dominique de Graaff

    This strategy placed a red dot above a previous candle. How am I suppose to trade back in time? Eg: The candle closed without a dot. Now a new candle opens.. half way in, suddenly a dot appears above the previous closed candle. This document says that I have to do a trade on the moment I see a dot appear …. shouldn’t the dot appear above the current time?

    • http://www.profitF.com/ ProfitF

      Dominique de Graaff, You trade when dot appeared AND candlestick is closed. if you see arrow on current candle do NOT open trades. I hope you understand me;) …. let me know if you don’t understand me and I’ll try explain again )))

  • Tega FX

    is the new version better in a any way(apart from the alerts)

  • Ravji Gohel

    i want to buy new 60 second binary indicator under $20.

    • http://www.profitF.com/ ProfitF

      OK.)) here payment link http://bit.ly/1Xv4AC9

      • Liam Twine

        is this an instant download? after payment?

        and is this the one with an alarm?

  • Ravji Gohel

    my broker is Binary.com

    • http://www.profitF.com/ ProfitF

      It doesn’t matter what is your broker… you’ll receive signals on your MT4 and open trades on BinaryCom platform …. I have proposal for you. Leave coment-feedback (short review) about Binary.com here http://www.profitF.com/binary-option-broker/binarycom/ , and we’ll send this Binary indicator for free 😉

  • Liam Twine

    My broker is IQ options. Can i leave a review and get the indicator free??

  • Shailesh M

    I have a account with IQ options. Can I leave a review and get the indicator free(with alert)?

  • Anil Uyanik

    this adx based indicator shall be used with stochastic then it will be 95% success rate..

    • Lars K

      Hi Anil, how do you mean, a combination?
      What does the stoch do or even not do to indicate?

    • Zam MooCow Nkomo

      Hi Anil, do you take trades using M1 chart or M5 Chart?

  • Lars K

    Hi Anil, and how do u set the Stoch? Which Values and for what do you wait? A Cross or a wide open? Thanks, Lars

    • Anil Uyanik

      80/20..if it goies above 80 put, if it goes below 20 call..

    • Anil Uyanik

      + i am not a very big fan of 60 sec. trading, i m more into 5 min. it makes more fun and winning chance

  • Anil Uyanik

    I have 5.3.3..

  • Ricky Tunley

    Why does the dot come up 10 seconds after the candle has opened?

    • http://www.profitF.com/ ProfitF

      Ricky Tunley, I recommend you trade signals when candlestick with signal is closed

      • DlipSam76

        I bought this just now and I do not know how to install this on Mt5. Please help

        • DlipSam76

          Hello ProfitF,

          Thanks for the help in the installation process! I may have one question which I will shoot later via mail.

  • http://www.profitF.com/ ProfitF
  • Bobby

    Hey, I’m already with the broker IQ Options. Could I write a review and get the indicator with alerts for free ??

    • http://www.profitF.com/ ProfitF

      Yes, using disqus comment form

  • King

    Hi… ProfitF how do I get the Adx to give me a dot indication? Thanks

  • Eric Samper

    great signals and price thanks!

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