Binary Options Intra-Trading Hours Strategy

Monday, July 7th, 2014 by Tim Lanoue

Profiting in binary options can be a difficult task especially when you are new to the industry or are trying to trade before or after market hours. I know that many of us have jobs that may limit our ability to trading during market hours allowing you only to trade during intra-trading hours. One important thing to keep in mind is that since we are not trading during market hours we want to stick with longer expiry times. Moving forward we will cover one of my very own trading strategies that I designed specifically for intra-trading hours!

If you set up and implement this trading strategy as intended you should experience an in-the-money winning percentage around 74-78% on a weekly basis. One of the best advantages about this strategy is that it only requires the use of two simple indicators, the Coppock Curve indicator and a Simple Moving Average indicator. I do have a personal preference to FreeStockCharts.com just because it is easy and quick to set up! Expiry times and time frames that we should use should be no less than 15 minutes and no longer than 30 minutes, whatever time frame you have will also be the expiry time that you use.

When setting up make sure that your time frame is at one of the two appropriate times. Once that is done you can add the Coppock Curve indicator into the charting solution, you don’t need to tinker with the settings of this indicator so just add it as it is. The simple moving average on the other hand we want to set at a period of 7, we keep it at this setting even if we are using a 15 or 30 minute window. When using this strategy I prefer to use low volatility currency pairs. The three currency pairs that I would recommend the most when using this strategy would be the Eur/Usd, Usd/Chf and Usd/Cad.

In the picture below you can see an example of how this strategy would look like and where we would place our trades. As you can see we won 5 out of the 6 trades placed allowing us to have an in-the-money success rate of about 83%. The signal process is simple, basically when the purple line crosses our moving average line then we go ahead and place a trade in the same direction as the cross. So if it crosses our line in an upward movement then we place a call trade and vice versa for a downward cross.

Intra Day Trading Strategy

This trading strategy can be used during market hours but is especially accurate during intra-trading hours as well. The best advantage about this strategy would be the simple signal processing involved, novice traders along with experienced traders should take advantage of this simple but highly accurate trading strategy. As always if you have any suggestions, comments or questions please feel free to leave them below! For more strategies be sure to subscribe to the BinaryoptionsChannel.com Blog!

20 thoughts on “Binary Options Intra-Trading Hours Strategy”

  1. Hey Butch,

    You don’t need to download the charting solution onto your computer, you can use it in your web-browser. I actually prefer just to use it in another tab that way I can maneuver from the charting solution to the trading platform more quickly and get the best rate. You should try to web-browser feature and just run the Free Version. Hope this helps you out and have a great day!

  2. Hi Tim. I tried to download the recommended FREESTOCKCHARTS.COM but for some reason it was not avalable on my computer.
    Is there another ‘chart’ that you would recommend that would allow me to copy your trading strategy during the INTRA PERIOD . . . using the COPPOCK CURVE indicator & the SIMPLE MOVING AVERAGE indicator. I’ll be waiting for your reply.
    Thank you for your time!

  3. Hey Jon,

    That is great to hear. To be honest as long as the expiry is between 10 to 20 minutes you should be just fine. Expiry times can fluctuate during the time of the day but as long as you keep it near the same value as your time frame you have no worries. When using this strategy though I tend to place the call immediately after the signal is generated just to get in at a good rate.

    Hope this answered your question and have a great day!

  4. Hi Tim
    Thanks alot for this strategy, I have demo it and it seems to be working great.
    Just a question – do you set the expiry for the end of the current 15min candle when the bands cross or a total of 15min from the time of the trade.
    Thanks
    Jon

  5. Hey Robert,

    Download this code into your TOS and it should work just fine!

    #
    # SJ_Coppock
    # A bull market is signaled when the Coppock Indicator turns up from below zero
    declare lower;
    input Period1 = 14;
    input Period2 = 11;
    input Period3 = 10;
    input Price = close;
    def ROC1 = if Price[Period1] != 0 then (Price / Price[Period1] – 1) * 100 else 0;
    def ROC2 = if Price[Period2] != 0 then (Price / Price[Period2] – 1) * 100 else 0;
    plot Coppock = wma(ROC1 + ROC2, Period3);
    plot ZeroLine = 0;
    Coppock.HideBubble();
    ZeroLine.HideBubble();
    ZeroLine.SetDefaultColor(GetColor(8));
    Coppock.SetDefaultColor(GetColor(1));
    def Condition1 = Coppock > ZeroLine;
    def Condition2 = ZeroLine > Coppock;
    AddChartLabel(yes, Coppock, If Condition1 then “Bull Market” else If Condition2 then Bear Market” else “Wait”, If Condition1 then color.green else If Condition2 then color.red else color.orange);

    Hope this helps you out and have a great day!

    Tim

  6. Hey El-Hadi,

    Time frame does not directly mean expiry time… Every trading strategy is different but some times it does. In the strategy for example our expiry times should be no less than 15 minutes and no longer 30 minutes.

    In addition, when using this trading strategy I like to immediately enter the trade. Once a strong cross is established then you are good to go.

    Hope this helped you out!

  7. hi sir, will the expiry time be the same as the time frame chart? i mean, if we have 15mn chart, will we open a 15 mn trade? and do we need to wait until the candle close to place the trade, or immediately when seeing the crossing? thank you sir.

  8. Hey Sasha,

    That is a great question, thank you for asking that! Yes you can create alerts on http://www.freestockcharts.com…. If you look at the main screen in the charting solution you should see a little symbol that resemebles an alarm clock. Just left click on that little clock and select Create Price Alert for Whatever asset you are watching and set it. You need need an account with http://www.freestockcharts.com however to do this! Something to look into for sure though! Hope this helped you out! Please let me know if you have any more questions!

    Tim

  9. Hi, Tim!

    Thank you for sharing this! I have a question that applies to several of your strategies actually – is there a way i can set up an alert on freestockcharts to notify me when the indicator lines are crossing or when the derivative oscillator changes direction for example? so that i don;t have to keep staring at the charts? hope to hear from you soon. all the best!

  10. Hi Tim!

    Thank you for this strategy. I’ve tried in for the last month on 30M chart during NY market time (7AM – 3PM EST) and it was successful!

    I have one question though – On FreeStockCharts.com with 30M time frame you can backtested a strategy only a month back. My question is – Does a month back is enough to testing this strategy with 30M time frame and consider it successful for future trades?

    Thank you!

  11. Hey Nico,

    I believe in the last paragraph I mention that it is effective during market hours but especially during intra-trading hours. I found better success with this strategy during intra than during the market hours, but you can do what you please! Best of luck and happy trading!

    Tim

  12. Hi Tim, if this strategy is recommended for intra-trading hours, why did you mention to Tony to trade DURING the New York trading session? Was that a mistake? Isn’t intra-trading hours before and after the New York Trading session. I need a confirmation on this. Thanks. Nico

  13. Hello Tim

    This looks good!

    I wondered if there is a broker I can use where I could set my trades at precisely 15 mins, for instance. At the moment I have an account with traderush where you have to use their expiration times and it is hit and miss whether they have one available between 15 and 30 mins.

  14. I have one question:

    Intra trading hours are the hours before and after the New York trading session and not the New York trading sessions hours?

    This question is important for me because I’m not from the US.

  15. Hey Tony,

    In order to change the format of the candle stick chart you must select settings, go to plot style and select candle formation. Also I recommend trading during the New York trading session which takes place effectively for trading around 7AM EST to 3PM EST!

    Great questions and thanks for asking them!

    -Tim

  16. Good day Tim thanks as always for sharing i am a student and also a novice.pls i do have 2 questions.pls when does the market hour start nd wen does it end,nd also wen is d intra trading hour. My second question is pls how do i change the default chart at freestockchart.com to candle bars i have tried without success. Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *