Learn Bollinger Bands & Trendwave with Secured Options

Let’s learn about two of the lucrative short term trading strategies for binary options today- Trendwave and Bollinger Bands indicators. This is one of the prominent Secured Options features.Traders need to install and insert the Bollingers Band in their chart and if they are using Metatrader4 then the Bollingers Band is incorporated in it by default. All they need to do is some technical analysis and use expiration times for options of minimum 10 minutes.

The trendwave is a custom indicator like the Stochastic oscillator and it is not a by default feature in Metatrader4. So to put it in our charts traders just have to download it. Traders have also recommended these strategies in Secured Options Reviews.

Indicators

Bollinger Bands:It is an indicator which is widely used by traders in technical analysis. It draws three lines in our charts creating two price channels. The middle line is a moving average line and the upper and lower lines are deviation lines. The distance between the two bands i.e. upper band and lower band will increase/decrease adjusting to the current market volatility. When the prices approach or surpass the upper/lower Bollinger bands it indicates that traders are entering the overbought/oversold territory. 

Trendwave Indicator: This is a customized and personalized indicator similar to Stochastic Oscillator. It will help traders in identify and confirm potential reversals by providing to a signal when its fast moving average surpasses its slow moving average in overbought/oversold territory.

Secured Options Advisable Trade Entries

The strategy is very easy to understand and simple to implement, if the Trendwave signals a potential bullish reversal and the price crosses the lower Bollinger Band, traders need to acquire a 10 min Call Option.

 If the TrendWave indicator signals a potential bearish reversal, it will appear as a yellow dot in the indicator’s window and the price crosses the upper Bollinger Band, traders will acquire a 10 min Put Option.

Generally, the TrendWave signal “lags” a bit after the price crosses the upper/lower Bollinger Bands, so if traders think the faster moving average of the TrendWave is expected to cross the slower one soon, they can enter the position even if the Trend Wave signal didn’t appear yet.

Secured options is one of the trusted Binary options trading platform which is recommended for Secured Options features by its current users and experts of the industry in their Secured Options reviews.