How to check the efficiency of your binary options trading scheme

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  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
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  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Binary options trading scheme called “Bengal”

“Bengal” – a turbo “strategy” for binary options

The current profitability performance indicators for a player’s exchange trading depend directly on the trading strategy they use for forecasting the market situation, as well as on their discipline regarding compliance with the rules of money management. For this reason, we will introduce you today to the new repeatedly successfully tested professional high-frequency trading system, “Bengal”, which is truly a universal tool for effectively predicting the market of any asset, and which is characterized by a simple trader algorithm and high-precision signals. Without much effort and with the help of this turbo methodology, you will be able to receive a profit on no less than 87% of your transactions concluded with binary contracts, which can justly be deemed a very impressive performance indicator for such an elementary trading strategy.

How can a private exchange player trade on the “Bengal” turbo-trading system?

The format of the practical functionality of this trader tactic and adherence to the rules of money management oblige the trader to trade on it only on a professional binary trading terminal, which must be equipped with the following tools:

  • An integrated set of indicators;
  • An asset chart with a variable dynamic time frame;
  • High-speed concluding of each trade;
  • A good range of trading assets;
  • The minimum financial trading conditions;
  • High-yield options lots.

As an optimal choice for individual platform player trading, we can confidently recommend the professional platform from the Binomo broker. The technical, financial and trading level of the platform from this binary broker fully meets all the requirements for a terminal suitable for using this strategy. So, options traders on this platform from Binomo will always have the following available:

  • Professional technical reliable indicators;
  • More than 80 different types of exchange trading assets in the arsenal;
  • Trade parameters: starting from $10 – the initial investment, starting from $1 – the initial cost of a transaction;
  • A wide-format chart with multitudes of dynamic settings;
  • The technology for super-fast concluding of positions;
  • Up to 90%* for payouts to traders on each option.

* In case of successful deal

So, when you have the above listed tools we need for this, you can start forming a template for the “Bengal” binary trading tactic. To do this, you will first need to set the asset chart to a fifteen-second interval, and then supply the chart with the following set of technical auto-analyzers:

  • 4 EMA indicators with moving average parameters reinstalled to 20, 10, 15, 5;
  • The RSI 20 indicator – with the trend level set to 50;
  • The MACD indicator in its original form.

After fully installing the indicators on the chart, you will see a template markup which should look like this:

How can a trader register contracts on the “Bengal” trading scheme?

As a functioning part of the binary options strategy, auto-analyzers generate signals for an exchange player to trade in one or another direction, which allows them to enter the market with advantageous options bets at the right time:

For transactions DOWN:

  • First, the EMA tools converge at one point, then they begin to move in a downward direction;
  • There is an intersection of the trend moving average downwards at the level of 50 set on the RSI indicator scale;
  • Also, the MACD indicator lines intersect with the central axis downwards.

Entering the market with a trade order should be done only after the complete formation on the chart of all the components of the signal set:

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  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

For transactions UP:

  • First, the EMA tools converge at one point, then they start moving in an upward direction;
  • There is an intersection of the trend moving average upwards at the level of 50 set on the RSI indicator scale;
  • Also, the MACD indicator lines intersect with the central axis upwards.

Entering the market with a trade order should be done only after the complete formation on the chart of all the components of the signal set:

What kind of expiration should be set?

The format of the “Bengal” method allows exchange players to trade short-term options by opening transactions within the range of 5-15 minutes. By conducting trades in this time interval, you will be able to use all the signals from the system as efficiently as possible. Plus, in the course of repeated testing, the strategy showed its maximum effectiveness at these time intervals.

Financial risk management

Despite the fact that our strategy has a high efficiency percentage, it is not capable of completely protecting the exchange player from trading risks. And, of course, to reduce the level of possible losses, traders are advised to adhere to the process of registering contracts under special strict financial constraints. This means that with an already weighty amount of capital, the risk per trading position should not be more than 5% of the volume of your finances. When trading with less capital, we recommend using only the most minimal options lots.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

A scalping strategy for options

The format of scalping on options is a fairly common way of making a profit in this area of the market. The speed of trading and its high profitability results are the main factors that attract people to this method of trading. Today we will consider the effectiveness of high-speed trading, as well as a few practical examples of scalping strategies for futures contracts that could become highly effective tools for predicting the market using short-term contracts.

How reliable is the scalping strategy for options?

The question of reliability and effectiveness of this strategy for scalping on the market is primarily related to the effectiveness of the trading signals of the system, as well as the correct risk management. In addition, the reliability of this scalping strategy is tied to the professional level of the trading terminal and the parameters of the trading conditions that are available on the operator’s platform. By picking the right technical and trading parameters for the scalping strategy you can get fairly stable and high results using this trading format. Here are a set of recommendations that contribute to the effectiveness of scalping on options:

• Use platforms for trading from professional companies — in this regard, we recommend the terminal for futures trading from the our brokers rating, where you will find all the necessary technical indicators for scalping, as well as a set of highly effective forecasting tools
• Carefully and accurately calculate the risks when registering trading positions. The correct ratio of the cost of the trade to the volume of capital will help you avoid critical losses and drawdown in your account
• To conduct trading in scalping mode, use a system with an efficiency level of at least 85% and maximum universality for all underlying assets

This list of recommendations will allow you to engage in high-frequency trading in a safe and profitable mode.

Scalping indicators for options

Market professionals recommend using technical indicators that are capable of generating signals on fast impulse changes in the price of an asset as forecast indicators for scalping trades on the futures market. In this case, the main trend indicators work perfectly, and they can be found on the many platforms:

This set of forecasting tools will allow you to build universal strategies for scalping on electronic options.

A scalping strategy for futures trades – practice

For our first practical example of a strategy for scalping on the financial market, we will show a system that uses a combination of settings of two trend indicators. This format of generating technical signals allows you to best assess the current market situation on the asset chart and opens up the possibility of determining the points of price quotes where the chart reverses to build corrections or new trends. So, let’s set the following technical forecasting tools on the asset quotes:

• EMA Indicators with technical parameters 10, 20, 30
• 2 MACD indicators — 50/75/9 and the standard configuration

We will use turbo trades with an expiration period of 120 to 240 seconds, and we will register the positions when we receive the following signals from the indicators:

• EMA Indicators – a beam of movings reverses upwards on the chart after convergence in one point
• Indicator MACD 50/75/9 – the lines intersect upwards
• Standard MACD – the movings intersect level 0 upwards

Signals for trades DOWN will have the reverse building configuration. This scalping strategy format has a technical signal efficiency ratio of 90% and allows you to make the most stable earnings for short-term trading. It should be noted that the risk management parameters for this system are of the classic parameters – the maximum amount of trading funds for one trade should not exceed 3% of the total amount of capital.

Scalping in 1 minute

The next scalping strategy format for electronic options is designed to work with contracts that have the minimum expiration period of 1 minute. Here, trend indicators are also used with subtle settings parameters, allowing for the formation of two types of trading signals for turbo contracts. In this way, we will achieve high cyclicity of our technical signals and increase profit opportunities for scalping since this operating approach makes it possible to register contract packages. So, let’s install the following instruments on the trading chart:

• SMA 5 and 10 indicators — we use blue for the moving with a five-minute period of building, for the second technical tool we use the standard coloring.
• MACD indicator – standard

To register trades UP with expirations of 1 minute, we use the following types of technical indicator signals:

Signal for the 1st type:

• The technical movings of the MACD indicator intersect upwards
• The blue lines of the SMA indicator intersect the second moving upwards

Signal for the 2nd type:

• The MACD oscillator lines intersect level 0 upwards
• The SMA indicator movings diverge upwards on the chart without intersecting

Using these signals, you can register up to 40 trades with short-term options in one hour, of which 90% will close with a profitable result. This factor will make it possible for you to earn up to 300% per week on options scalping.

Let’s sum up — scalping with futures trades using the correct mode of risk management and in combination with an effective trading system is the most rapid way to increase your account balance.

“General Risk Warning: Binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”

Magnetic Profit review scam system

Magnetic Profit is an auto trading software that has been on the market since February. Developed and founded by named CEO David Silversmith who owns a binary options blog, we here at BOT consider all their claims of changing our our lives around as scam-worthy in the first instance. Now that some time has passed since the initial hype, is Magnetic profit a worthy taker of your time and your investment? Read this review in full before considering whether to work with this system for up to date knowledge about Magnetic Profit . Is Magnetic Profit worth your time? Read this Magnetic Profit review to find out all details.

Closed Website: http://www.magneticprofit.co/. Warning: Magnetic Profit’s website might be operating but the business is closed. It is not recommened to register or signup with them as it will not be functioning account and you may lose the money because there will no withdrawals can be made.

The music playing in the background of this video definitely adds to the sense of opportunity but what in reality works practically for you with Magnetic Profit? Well the presentation does highlight some good factors of the system. They focus on withdrawal efficiency to highlight the good parts of their auto trading system. There is only a three minute set up time which is average speed. However we won’t let these good elements fool us. When looking for a binary auto trading system, you need to look for one that doesn’t claim earnings in excess of what is reasonable for the time frame. For example, winnings of 1333 per hour as Magnetic Profit claims are not legit and are just ways to make you want to purchase the software. It is a warning and screams scam to us here at BOT.

Plus you need to be looking at the kind of support that each software offers. This video and many other scam videos concentrate on the fact that you can leave your job, spend time with your loved ones etc. Between these lines, we are looking for what the system can offer you in practice. Does Magnetic Profit offer you customer support? Does it give you a time-worthy return on your investment? These are among the questions you should ask yourself.

The testimonials are most obviously fake and just another way to convince you of their legitimacy. We don’t trust them and David Silversmith’s story. As a binary options guru he should know how to properly sell his software but instead he offers us a sob story. He summarises his whole mission of creating this software as a gift from a man who wants to give back.He talks of how he ethically came upon the monetization of his blog but in reality the blog never existed and it’s just a story to make you buy into the software. We can find no trace of this blog on binary trading anywhere.No doubt you have guessed it! This claim is just another way you can fall for this auto trader. They are just using it to reflect Magnetic Profit as a good alternative system.

They also have app for

Magnetic Profit info check:

This is the last information we had received with from this website.
Website badges Fake
Testimonials Fake
Possibility of scam Medium
Details:
Starting Balance 250($€£) or major currency
Realistic profits No
Get rich quick scheme Yes
Compatible Brokers Bloombex Options

Warning: Magnetic Profit’s website might be operating but the business is closed. It is not recommened to register or signup with them as it will not be functioning account and you may lose the money because there will no withdrawals can be made.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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