In the binary options world in general was the best IQ option strategy which is the one that I’m going to teach you in this article.
Before I actually jump into telling you what's going on with this IQ option strategy and the settings and so on I do want to point out that you should get a demo account first in order to practice with this trading account and with this trading strategy.
You can also use this IQ option strategy basically with any other broker that has the exact same settings that I’m going to teach you right now but the IQ Option is the best suitable broker for this specific strategy.
Open Free Demo IQ Option Account: http://bit.ly/2mfabpm
Now let's jump into the strategy settings so the first thing that you guys have to do is actually change this baby right here the time k uh time candle period to two minutes okay make sure that this is unchecked and just click it on two minutes.
That basically brings us every single candlestick is going to be a two-minute candle okay so let me just go ahead and close the indicators there you go two minutes beautiful now you're going to add three different indicators that I’m going to tell you right now.
Three different moving averages and the indicators are right here so you can go into the popular ones usually there are right there so you're gonna add the first one.
so the first one is actually going to be with a period of 6 you're gonna change it to blue color and I would suggest that you actually change the thickness at least the middle this is going to be SMA okay it's not going to be nothing.
It's SMA (Simple Moving Average) so you click ok oh apply then you're going to add another one exactly the same moving average and this one is going to be with a period of 14 and you're going to change it to yellow color and as well change the thickness and as well is SMA, okay you hit apply.
Then you're going to add a new one that is going to be a 50 moving average 50 you're going to change it to white color only if you use an IQ option right now you can use any color you guys want to and then hit apply so these are the three moving averages that are for the simple version of this IQ option strategy.
As you can see here in the screenshot the full settings of this IQ option strategy and how it looks in IQ option broker.
How does it work we're gonna look for crossovers on this specific strategy and the way it works is that you're gonna find crossovers based on the trending so the 50 Moving Average.
It identifies the trending so whenever the white moving average is actually above the candlestick and kind of faraway it basically identified there is Uptrend and whenever the opposite happens whenever the moving average with the period of 50 is actually below the candlesticks and going up it.
Basically, it identifies an uptrend so what is it that you're supposed to do to go with the trend the blue moving average will determine whenever there's actually a like a crossover right here uh there's another one right here.
We can keep them find them okay so in order for you to enter a PUT position you need to wait for a Downtrend it can cross over, for instance, this baby right here and this right here okay.
These are the only ones we don't actually enter this one why because it's a downtrend so we're not supposed to trade going up does that make sense so when is it that you enter trades super important in order for you to actually know when to enter trades you're going to add a fourth indicator called MACD.
I don't know some people call it as moving average I don't even remember the acronyms but here you are you leave it as default and there you go now what is this MACD is going to do.
It tells you when there is going to be a crossover in the market so it can basically identify before the crossover or even at the exact same moment of the crossover now you're not supposed to use this all the time if you don't want to if you want to keep it simple just go with the crossovers but this will actually give you a second confirmation.
How to enter the trades some people actually think that they should enter at the cross but no you have you got to enter at the next of the cross for instance this is the cross you enter at the next one of the cross okay uh another one. This is the cross you enter at the next one of the cross in two minutes by the way sorry this is a two-minute trade.
Look for an uptrend, this is the crossover this is the one next to it this baby right here so you want it right again this is the before the crossover you ensure this baby right here the next one right here for two minutes and you're good to go. Okay just as simple as that now do you want to see place light tricks obviously right now I’m not going to because there's three-ball news all going on.
So the best times to actually trade is from 13 GMT all the way to like 19 GMT no more than that mostly because of the payout but at 17 to 19 GMT the markets are super good for this specific IQ option strategy like I’m literally telling you they're super good time for this strategy.
The problem is that the payout is too low but if you are patient enough you're going to just trade with a couple of pairs but you're gonna be a lot more profitable because at those times the strategy is respected almost 100 of the times okay so the best times to trade in general 13 GMT to 19 GMT best of the best 17 GMT to 19 GMT. Now that you've actually learned the strategy itself and if you want to actually do some extra push to make money with this IQ option strategy.
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NOTE: This article is not investment advice for anyone because online trading could be a high risk for all who have a lack knowledge & experience. 95% of traders lose money in financial markets. we are not your financial advisors who guarantee your profit at all.