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Trade Binary Option - "The Mobile Way" by micynute94(m): 6:02pm On Nov 21, 2014
For what's worth it, i could drop down dead right now, so what's the essence of keeping secrets? It doesn't mean i don't have secrets of mine i wanna keep or intend on keeping. Am referring more to secrets you know can benefit someone else,( doesn't have to be that special recipe that your business is based on ...... hope u get what am yarnin sha?) cos at the end, it's not the amount of wealth accrued that makes one happy but the amount of assistance rendered in making sure someone else can live a (little) better all because of you.

Truth is when it comes to helping,don't wait till when you have this or that or when you become this, you might never have that chance.
So i say this" when it comes to help, the word- Procrastination should use the backdoor.

It's a certainty that you will be a threat to some people and a source of happiness to others when you help. It's normal, just take solace in the fact that you making someone's life better.

Sometimes even with the best intention at mind to help, we still make mistakes, fall short of expectation or are misintepreted. I have learned to learn from mistakes, criticisms and to the haters - never to care. No one is perfect, so i ain't. If you can't take that, you can as well get in line to lick my rear or get a map, get a car and go to HELL...

Would have loved putting here a lot of advice or writing an e-book to clear a lot of misunderstandings, myths or beliefs pertaining to the financial world but am just using a pen, sheets of paper and a phone. Maybe when i get a new laptop sha. So i leave you eith this quote; " Nothing is or should be absolute rather let it be relative in the financial world"- whether it be an idea, advice, strategies or MM etc.

Well am Michael by name. Still in the process of getting rich. I wanted to create a whatsapp group before as it is easier to post an alert on whatsapp than having to post on NL.
After thinking it through though, i decide to rather put the strategy here and let everybody decide how best to fit it into their time and adapt it to their personality.

Note: Binary trading is very difficult.. i mean diffi....diffi.. cult.. k

Now let me give you some facts to chew on.

Lets say ur winning probabilities is 60%. That means for you to be profitable, you need to take trades with return odds of 70% or higher.
Now, the thing is out of 20 trades based on your winning probabilities,14 might be winner while six losers. What you dont know is how it will fold out. Maybe the first six will be losers before the winnings start coming in, maybe you will have 2Wins followed by a Loss . You just cant know. K

To explain this better. A dice has six sides, 3 even sides and 3-odd sides. Now choose either an even number or odd number as a WIN and the second as a LOSS. We both know you have a 50% probability of Winning. That means out of Ten, 5 should be Winners and the other 5 losers? is that right ?
Can you predict with certainty what side will appear when you roll the dice?

I rest my case here..
Thanks..... The strategy will be posted soon.....

P.S: pardon my long story and use of english.

1 Like

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:30pm On Nov 21, 2014
Binary Strategy (Lets go mobile!!! )

Materials needed:
A smartphone
Meta trader 5(Android version)
A power source(preferably a powerbank)
An internet connection
A timer app( preferably HIIT timer apk)
A calculator

1 Like

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:32pm On Nov 21, 2014
Procedure:
Install the meta-trader 5 apk on your phone. Open the app and open a demo account(Note: search for exness trial server and choose it as the server name). fill the details and click create account.
The app will login automatically. After the login, press the menu & click on Symbols, search for GBP/JPY and click to add it to your watchlist.
Delete other symbols except G/J on your watchlist so as to reduce data consumption and increase your focus.
## If need be, try to block background data on your phone so as to greatly reduce megabyte consumed.

By now the chart on your Meta Trader 5 should G/J alone. Change the timeframe to five minutes.

The Next Part is adding the indicators to be used.
Note: The indicator should be added as following in this order.

——— Add the Moving Average indicator with the setting; 5* LWMA* GREEN
——— Add the Moving Average indicator with the setting; 5* SMA* RED
——— Add the stochastics indicator with the setting; 5.3.3 * Close. change the main line colour to the background colour of the app(white) and the signal to any of your choice (i use red)
——— Add the ATR indicator to indicator window 1 with the setting "5" and change the colour to white.

By now you should have two windows (Horizontal); one called the Main chart and the second - the indicator window having the stoch and ATR indicator together.
Note: In the indicator window, only the stoch signal line should be visible as all other lines are invisible due to changing their colour to fit that of the background.. ..

Having done this, click on settings, click on the "show Data Window box" to mark it..
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:34pm On Nov 21, 2014
Back to the strategy.. ...
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:35pm On Nov 21, 2014
We make use of the crosshair available in the MT5. Click on the crosshair tab, a box showing the values of the 5-LWMA, 5-SMA,STOCH(5.3.3), SIGNAL and ATR appears in this order beside the crosshair and the values changes as you drag or move the crosshair left and right.

Now, we need to look at the Moving Averages value to detect changes in price direction.
Hint: The LWMA(5) responds quickly than the SMA(5) when price changes its direction. As a result, a LWMA would be the first to move upward in an uptrend. Same applies in a downtrend.
If you are thinking what am thinking, that means the value of the LWMA will always be higher than that of the SMA in an uptrend and lower in a downtrend.

The change in the MA values serves as our first signal and goes like this
## When the LWMA value is higher than the SMA value by atleast 2 pips
Note: The values of the M.A are in Four decimal places e.g. 170.1234 (.1234 -- 4 d.p). We neglect the last one and focus on the first three(.123)

Stochastics and ATR serves as Filter ONE and Filter Two.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:38pm On Nov 21, 2014
For CALL

The first MA value should be higher than the second MA value by atleast two pips .i.e. The LWMA(5) should be higher than the SMA(5) value by atleast 2pips.

After the signal, next is to pass the signal through a series of filter

Filter ONE - Stochastics
#1. The stoch signal value must be in the range value of 5.00 to 20.00
OR
#2. The previous line in the indicator window has to be in a downtrend if the present line is either in an uptrend or at P.O.T
Note: Never take a call option if the previous stoch signal line was pointing up i.e. in an uptrend. The P.S.S has to be in a downtrend .i.e facing down or at P.O.T

Filter TWO - ATR

If after passing filter ONE and the signal is still valid.. Move on to ATR.
Check the previous ATR value for the previous candle. Multiply it by 0.92 and 1.08 seperately. e.g. if the PATR value ( previous ATR) is 120. Multiplying by 0.92 and 1.08, we have 110.4 & 129.6. These values serves as a range(110.4 - 129.6). This range is the range in which the present ATR value must fall into or else the trade is void. This mean if tbe ATR value for the present camdle at which the signal form is 125, 115 etc as far as it is within the range, the signal is valid but lets assume the ATR value is 131 or 99. The signal is void.

Filter Three - Return odds

Filter THREE will be applied on your broker platform, if the call option return odd is less than 71%. Kindly ignore the signal.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:39pm On Nov 21, 2014
For PUT
Filter ONE - Stochastics
When a PUT signal is formed
#1. The stoch signal must be in the range value of 80.00 to 95.00
OR
#2. The Previous line in the indicator window has to be in an uptrend if the present line is either in a downtrend or at P.O.T
Note: Never take a PUT option if the previous stoch signal was pointing downward i.e. in a downtrend or at P.O.T

Filter TWO and Filter THREE stands as the same.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:44pm On Nov 21, 2014
Will expatiate with images later..
Feel free to post your question.
Re: Trade Binary Option - "The Mobile Way" by ikbtn: 8:01pm On Nov 21, 2014
wow dis is nice, but on a scale of 1-100% wats the positive outcome of this strategy when used to trade, and by the way i love ur quotes, one of the most happy moment of a person is seeing someone achieve success by your help, thanks much for this strategy, will give it a try. please if u on bbm or whatsapp, ill like to be in contact with u so i can learn more from u.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:06pm On Nov 21, 2014
ikbtn:
wow dis is nice, but on a scale of 1-100% wats the positive outcome of this strategy when used to trade, and by the way i love ur quotes, one of the most happy moment of a person is seeing someone achieve success by your help, thanks much for this strategy, will give it a try. please if u on bbm or whatsapp, ill like to be in contact with u so i can learn more from u.
..

Thanks bro.. Positive outcome is greater than 60%. I would have said higher but i like giving the worst case scenario. Following all the filters.. I think we should come up on top..
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:28pm On Nov 21, 2014
Fig 1

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Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:32pm On Nov 21, 2014
Fig 2

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:35pm On Nov 21, 2014
Fig 3

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 9:00pm On Nov 21, 2014
Am gonna use the three figures i uploaded to explain some of the system and upload more to explain the rest.
Am going to deal with P.O.T aka turning point for now.

Looking at fig 1 to fig 3, you will see a letter "A"below the stoch signal line (fig 1 and 2) and above the stoch signal line (fig 3).
Note: I should have used a pointer rather than a letter but that was what came to my mind as of that time.
Considering am doing everything on a mobile phone. Pls bear with me
The point at which the letter "A" is placed and pointing to is what i call P.O.T aka the turning point.
As you can see in Fig 1 and 2, the point where "A" was placed was the point where a reversal took place i.e. where the direction changed from a downtrend to an uptrend.
In Fig 3, the letter "A" is placed above the line. The exact place where the letter "A" is pointing to is what i call P.O.T where a reversal took place .i.e. the point where the direction changed from the an uptrend to a downtrend.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 9:30pm On Nov 21, 2014
Going further to explain how to take a trade.
For call
We both agree that the LWMA(5) must be greater than the SMA(5) value with a difference of atleast two pips.
Looking at Fig 1, we can see that the first requirement for a CALL signal has appeared.
Next, we move to filter one.
As we can see, the stoch signal value isn't in the range of values we want it to be(#1). So we go down to #2. As we can see the previous candle stoch line was at P.O.T, thereby validating the signal.
Next is going through the second filter - ATR.
The ATR value for the present candle is 66 pips. Check the ATR value of the previous candle (fig 4) which is 65 pips. Multiply 66 by 0.92 and 1.08 to get the range values. 65 hich is the value for the previous ATR falls within the range value.
This validates and confirm the trade.
The next thing to do is to go to your broker platform and check if filter three was passed. If passed, Call .... if it didnt pass... Abeg ignore..## Very important
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 9:33pm On Nov 21, 2014
Fig 4

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 9:35pm On Nov 21, 2014
Going further to explain how to take a trade.
For call
We both agree that the LWMA(5) must be greater than the SMA(5) value with a difference of atleast two pips.
Looking at Fig 1, we can see that the first requirement for a CALL signal has appeared.
Next, we move to filter one.
As we can see, the stoch signal value isn't in the range of values we want it to be(#1). So we go down to #2. As we can see the previous candle stoch line was at P.O.T, thereby validating the signal.
Next is going through the second filter - ATR.
The ATR value for the present candle is 66 pips. Check the ATR value of the previous candle (fig 4) which is 65 pips. Multiply 66 by 0.92 and 1.08 to get the range values. 65 hich is the value for the previous ATR falls within the range value.
This validates and confirm the trade.
The next thing to do is to go to your broker platform and check if filter three was passed. If passed, Call .... if it didnt pass... Abeg ignore..## Very important
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:40am On Nov 22, 2014
Fig 5

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:43am On Nov 22, 2014
Fig 6

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:51am On Nov 22, 2014
Fig 7 to 10

Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 7:31am On Nov 22, 2014
I uploaded six images( fig 5 to 10) just now and will use it to explain the strategy better.

For Put
A change in price direction from up to down serves a signal.
The signal is then passed through filter one and two. If the signal is still valid after this, the trade is confirmed. The Next thing to do is passing the signal through filter three on your broker platform. If by the end of filtering the signal and the signal is still valid, abeg take the trade or else just walk away jare....


As you can see in Fig 5 and 6, there was a change in price direction from up to down. Looking at filter one, the signal passed the test and moved on to filter two to pass in bright colours.Hope you grab? K.. lets continue

Fig 7 and 8
The images in fig 7 and 8 are the same except the position of the crosshair indicating when a signal was formed (fig 8.) and the other showing its previous values(fig 7). As we can see, a call signal formed at exactly 16:20pm (gmt). The next to do is to pass the signal through filter one which it obviously passed. Moving to filter two, the signal failed the filter test as the previous value for ATR was 103 which didnt fall with the range value of the present ATR. Hope you still there? K.. You grab? Should we rewind a bit? K...... No need, lets continue.

Going to Fig 9 and 10.
Can you tell if a signal was formed?
Was the signal able to pass the filters test?
If Yes... no problemo
if No..... What made the signal invalid?

Yep.. u got it... won't tell you... start racking that brain of yours(smiling)

P.S: Was typing this in a rush... I hope u grab what am saying sha? abeg bear with me..
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:15pm On Nov 24, 2014
Had a lot of potential trade today but for some reason.... Opera just won't click on " Purchase ". Always refreshing the page then putting in my parameters which is time consuming considering i trade on a 5 min chart..
Learnt some cool stuff today sha...

Had to install Firefox. even uc browser but dunno why the site ain't functioning well... with those browser..

Gave Dolphin HD browser a try and it worked like magic... it's even self updating. I.e the live price feed.. so i don't have to key in parameters every time..

Took a single trade with it which resulted into a loss..
The race still continues sha...
CIAO. .
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 8:09am On Nov 29, 2014
Still trading binary...
Av bin busy for some time now and whenever i check this thread... All i c is more views with no comments... kinda make you discouraged after putting in a lot..
Guess i shouldn't be bothered. Typical 9ja mentality....

Made some changes to the system due to some reasons.
Some reason bin that... I need to focus more on studying for my exam.. thereby switching to thirty mins time frame..
Had to also change the time frame cos my network changed from super fast to moderate fast.. meaning by the time my alarm ( set to ring at a 5 mins interval from lets say 11.33am- so i could always have two mins advance before the actual time ) rings, i opened my chart and check to see if a signal has been formed and going to dolphin browser to place a trade, Waiting for it to load.. i estimated a time of 105 to 120 seconds gone .. which ain't good at all...

Probable solution is

1. To use 3g .. but battery will be used up fast..
..........*********........
2. To remove background data limitation on my phone.. so Dolphin doesn't need to reload it's page when i open it..
If i do that... my data would be consumed much more faster as i spend roughly 18 mb using B.D restriction using MT 4 for trading forex, MT5 for binaries, Opera for surfing NL and other site and Dolphin Browser for Binary. com...

Removing B.D restriction will results to using at least 60MB a day.... which is a No No.

Conclusion: If u can find a way about data consumption and a fast internet.... . u r free to use the system... it's working well and am still using it but with a different tweak to entertain the 30 mins time frame..
Re: Trade Binary Option - "The Mobile Way" by butter(m): 1:09am On Dec 03, 2014
Sorry my question may sound stupid, but how do you apply this to binary?

Eg we know in fx, u enter in at a price, set your SL n TP. How do you apply this with binary?

Thanks for d job well done.

Ps: I believe they're lots of people observing and taking notes.
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:15am On Dec 03, 2014
butter:
Sorry my question may sound stupid, but how do you apply this to binary?

Eg we know in fx, u enter in at a price, set your SL n TP. How do you apply this with binary?

Thanks for d job well done.

Ps: I believe they're lots of people observing and taking notes.

Applying this to binary is simple. Using the strategy posted above, you know a currency will drop in the next 15mins, what you don't know is how far the currency will fall. So using a put option in a fixed odd binary trade, you can select the price of the currency will be strictly lower than your entry point taking a Rise / Fall bet. If the price at the end of the time you specified (expiry time ) is lower than your entry price, you win the bet, if otherwise you lose.

e.g a signal occurs telling you a reversal is about to happen. Lets say the price is at 1.2345 using Eur / Usd as an example. What you do next is take a rise/fall bet and purchase a fall bet that the price will be strictly lower than your entry price( the price at which the server receives your bet). After the expiry time and price is at 1.2344.or below, you won the bet. If price is at 1.2345 or higher, you lose the bet.
There are more bet types available than just the Rise/ Fall bet type, so it's all about your preference and what strategy you are using.


In fixed odds binary trading unlike in fx, you know the amount you are risking and the profit you are gonna get with a certainty. Adjusting your stop loss, take profit or trailing your stop doesn't apply here. So the outcomes in fixed odd binary are simply two - You either lose or you win unlike fx where the option of break even or minimizing your loss is possible. So it's more like you have a strategy, it gives you a signal, you trade the signal and you simply forget about it. I mean, no trade management is involved here except money management .

Summary of this is
Fixed odd binary has only two outcomes with zero trade management required while forex has three possible outcomes with trade management skills required.

Both have their merits and demerits.

P.S: Hope you understand that, if not feel free to ask me.
Not long i woke up and am yet to brush my teeth.. so am not comfortable typing this... Lol.. act as if you didn't hear that. No one's asking me that, right...
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:57am On Dec 03, 2014
.....
Re: Trade Binary Option - "The Mobile Way" by micynute94(m): 6:58am On Dec 03, 2014
micynute94:
Still trading binary...
Av bin busy for some time now and whenever i check this thread... All i c is more views with no comments... kinda make you discouraged after putting in a lot..
Guess i shouldn't be bothered. Typical 9ja mentality....

Made some changes to the system due to some reasons.
Some reason bin that... I need to focus more on studying for my exam.. thereby switching to thirty mins time frame..
Had to also change the time frame cos my network changed from super fast to moderate fast.. meaning by the time my alarm ( set to ring at a 5 mins interval from lets say 11.33am- so i could always have two mins advance before the actual time ) rings, i opened my chart and check to see if a signal has been formed and going to dolphin browser to place a trade, Waiting for it to load.. i estimated a time of 105 to 120 seconds gone .. which ain't good at all...

Probable solution is

1. To use 3g .. but battery will be used up fast..
..........*********........
2. To remove background data limitation on my phone.. so Dolphin doesn't need to reload it's page when i open it..

If i do that... my data would be consumed much more faster as i spend roughly 18 mb using B.D restriction using MT 4 for trading forex, MT5 for binaries, Opera for surfing NL and other site and Dolphin Browser for Binary. com...
.

Yep.. scratch that.. i mean solution two. Removing B.D data still causes a lot of data consumption. So, no am still restricting B.D.
I simply said scratch that to change the theory that it was the B.D restriction that causes Dolphin to reload its pages when i open it from its minimized state.
Yep, you got that right. B.D has no relationship whatsoever with Dolphin browser reloading its pages.

I did some test with stock browser, Firefox, downloaded another Opera browser ( not mini ) and still find the same issue of the browser reloading it's pages after minimized for about 3 mins except in the case of opera mini which doesn't reload it's pages when opened (90%of the time) but for some reasons wouldn't stream live price feed from the broker or place a trade.

So after a lot of research, i found out that the reloading stuff has a lot more to do with the android OS and how it manages RAM and also about activity level ( Google more if you need more info )
The OMM priority for the browsers were low, so the android kill the app process after saving its recent state to free up memory. So opening the browser after minimizing, the android OS boot the app from its last saved state as a result reloading the pages.
It's kinda technical than this but just trying to explain it in a simple way.

People with high ram size in their phone ain't affected much by this.
So the stuff about page reloading has more to do with memory issues.

The best solution is to have a fast connection so the pages can be rendered quick.

Hope i got across sha.. It is well

1 Like

Re: Trade Binary Option - "The Mobile Way" by butter(m): 7:13am On Dec 03, 2014
Thanks for the reply. I understood it. All I need do is select rise/fall for say 15mins

Are there any particularly good times to trade this strategy?
Re: Trade Binary Option - "The Mobile Way" by dybaba(m): 4:53pm On Jan 14, 2015
Nice work here Bro. This is a great strategy for trading binary option, I am fully interested..... Carry on please.

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