Sunday, June 8th, 2014 by Tim Lanoue
Finding an appropriate trading pattern to implement at times can be difficult, especially when trading binary options. I have been trying to compose a reliable 15 minute trading pattern for awhile and I feel like I finally came up with one. It requires only the use of two indicators and it is very easy to set up, in addition out of the last 500 demo trades I have seen a success rate of about 76% in-the-money.
Setting Up Your Charting Page
Properly setting up your charting solution is often overlooked and oftentimes not done correctly. I think you would be amazed by how many emails I receive over the smallest of problems, and mostly it all comes down to not setting up the charting solution correctly. I prefer to use www.freestockcharts.com as my charting solution of choice but MT4 is also a great software to use when trading online. Moving forward, after the page has downloaded, I select one of my targeted assets which I will discuss in more detail down below and I will switch my time frame to 15 minutes. Now you need to click on Add Indicator, once you have scroll down and select Moving Linear Regression and it should add to your chart. Now go back to add indicator, scroll down to Moving Average and select it and add it to your chart. Now you need to right click on the indicator portion and change the settings which can be done by clicking edit, and change the default period of 50 to 10 and select done. Once all that is done you are good to go!
How To Apply
When trading this 15 minute pattern we only want to select high volume stocks or popular, low volatility currency pairs. For those of you who are unfamiliar with volatility it simply means the likelihood that an asset will change directions in a short amount of time. Therefore assets that have a high volatility will often change directions even due to the smallest of market changes so we want to choose assets that have a low volatility because they are easier to predict. Stocks that we should consider trading would be Apple, Nike, McDonalds, Exxon and Amazon. While currency pairs we should trade are Eur/Usd, Usd/Cad, Nzd/Usd, and Usd/Chf.
In the picture below you can see an example of how we would use this trading pattern and you can see how simplistic it is. The red line is our moving linear regression indicator while the blue is our simple moving average line. This trading pattern only requires the use of one step to occur and that would be a cross between our moving linear regression indicator with our moving average indicator. If our blue line crosses our red line in a downward direction then we place a PUT trade for 15 minutes and vice versa for the opposite direction. You don’t need to wait for any confirmation unless you want too but usually I do not. The yellow stars indicate around where the trade would expiry, as you can see all three trades ended up as winners.
This Binary Options 15 Minute Trading Pattern is simple and highly accurate. It can be applied by traders of all experience levels due to its simplicity and high success. Also checkout my powerful 5 minute trading pattern for binary options! If you have any questions about the indicators or how to properly apply please feel free to leave a question or comment below! Best of luck trading!