Pin Bar Strategy for Binary Options

Application in binary trading various patterns that are cyclically formed on the trading chart in the format of building Japanese candles is the most rational and efficient way of forecasting. Today we offer trading systembased on the most simple and well identifiable pattern of Japanese candlesticks “Pin Bar”. This mode of obtaining high-precision forecasts is suitable for beginners with minimal experience and deposit volume, as it has a high level of cyclicality and accuracy generated signals.

Pin bar strategy – pattern identification

This pattern or cyclical pattern format of the market is based on the construction of a particular form of candle quotes. Pin bar is a Japanese candle, which is formed on a steady upward or downward trend, the shadow of which is significantly larger in size than the body of the candle. Let’s take a pin bar on an uptrend as an example:

As you can see, after the appearance of the specified candle format on the trading chart, there is a sharp change in quotation trends. This can be used quite effectively in binary trading. The average statistics of profitability when working on the strategy “Pin Bar” is not less than 85% resultant signals. This indicator allows to stably earn even on the minimum volumes of investments.

Pin Bar Trading System – Technical Requirements of the Strategy

The effectiveness of using a “Pin Bar” as a market prediction pattern depends on some technical parameters of the trading terminal that the market participant is using in trading. To get an optimal mode of effective use of the strategy it is necessary to conduct operations on platforms with such toolkit:

• Quotes with high accuracy and update rate
• Ability to configure the trading chart, in particular scale, format, timeframe
• Large number of underlying assets available
• Bets with expiry range from 1 minute
• Profitability of contacts not less than 85%
• The possibility of trading with minimal trading conditions

This choice of technical tools and trading services can be obtained on the terminal developed by the broker Binarium, a licensed company, which occupies the largest segment of the binary market. The following parameters of conditions and technical services are offered here:

• Market, high-precision quotes
• Schedule with the necessary functionality of the settings
• More than 80 items underlying assets
• Binary bets with returns up to 90%
• Available contract expiration range from 60 seconds
• The minimum parameters of trading conditions – the amount of the initial deposit of 5 dollars, the amount of the initial value of bets $1.

Pin Bar Strategy – Practical Application

So, to trade binary bets DOWN it is necessary to identify a Pin bar on the uptrend of the quotes movement, which will signal the reversal of the price to the decrease. In this case the candle of quotes will have a long shadow on top:

The registration of the bet should be carried out at the opening of the next candle after the pin bar.

To use trading bets UP, use the situation of formation of an inverted pin bar on the chart on a downtrend. In this situation, the shadow of the Japanese candle will be from below:

To get the highest rates of profitability in the binary market on the signals of the strategy “Pin – bar” is necessary to apply in trading binary options, the expiration of which will be, depending on the operating timeframe chart from 1 minute To 15 minutes. You can determine the periodicity of expiration more accurately using the rule – during the contract should be formed on the chart at least 5 candles of quotations.

Money Management

To achieve minimal losses and safe trading mode, it is necessary to apply simple, classic rules of limiting the funds used for betting:

• For trading on deposits with the initial level of investment we use only rates with the minimum value
• When placing bets on large volumes of investment funds, we apply contracts with the level of 5% value limit on the amount of capital