Byron Simple Trading Strategy – 1HR EXP Binary Options 2020

Byron Simple Trading Strategy – 1HR EXP

It is very uncommon to find a binary option trading strategy for options with 1 hour expiration time. When we stumble upon one, it is worth to try it at least on a demo account. This strategy has some nice track record, just take a look at Meta Trader history window. We use H1 timeframe and always trade until the end of current hour or for 60 minutes. Inspiration for this strategy comes from Binary Options Edge website.

How to setup the chart

Timeframe: H1
Template: Byron Simple Trading Strategy (Download strategy)

How does this strategy work

We wait for the arrow which signalizes crossing of the ADX indicator to appear and afterwards we confirm the rebound by a drawn circle that signalizes ideal conditions to open the trade. Therefore, we trade as soon as the circle appears.

When to enter the trade

Buying a CALL option:

• Green circle appears
• Stochastic indicator points up
• One of the previous candles had arrow below it

Buying a PUT option:

• Red circle appears
• Stochastic indicator points down
• One of the previous candles had arrow above it

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