Technical Strategy for Trading Contracts for 1 Hour “Whirlpool”

Published:7 August 2018 Updated:4 January 2024

Trading Binary market transactions 1-hour contracts are not very popular among futures traders. However, their use in trade allows to get additional volumes of profit, which will accelerate the growth of investment capital. In addition, work on positions with a long Expiracy allows you to diversify the financial risks of trading and provides an opportunity to make profits in a more stable mode. Against this background, we offer you the “Whirlpool” system, the tools of which allow you to determine the medium-term price trends of any market financial asset.

 

Indicator services strategy

In order to be able to trade in the medium term, it is necessary to determine several critical indicators at once – the general probability of the trend development during an hour and a specific level for placing a position, where the market will offer the most optimal conditions. For this purpose, the “Whirlpool” strategy applies several trend indicators at a time indicatorsas well as a highly functional technical oscillator. In this mode of market evaluation we get an opportunity to generate an accurate trading forecast based on the data of technical tools. To create a technical strategy template you will need the following services:

  • 8x MA – this technical indicator uses 8 average lines, which have a wide range of settings. At the same time, the author of the service used not only different periods of building muwings, but also the formats of indicators calculation and technical shifts of service indicators building. Thus, the developer has created a multifunctional service, capable of simultaneously estimating the market in different time perspectives. Thus, we get a high-class service for determining medium-term trends and specific market entry points.
  • Fibline Glance – this indicator service is designed to calculate the price channel based on the formula Fibonacci levels. In the trading system this service is used as a component for waveform generation.
  • Snabbel _RSI_EMA – as we usually apply the oscillator to the strategy. It is necessary to identify market noises, filter them and get highly accurate technical signals of the strategy. In this case we use a professional service based on classic RSI and moving averagecalculated using an innovative technical algorithm.

After a complete setup of the trading chart of the underlying asset, we get the following high-tech layout:

Technical Strategy for Trading Contracts for 1 Hour "Whirlpool"

A few words about access to technical indicators of the strategy. You will not be able to find such analysis services on any trading platform for binary trading, so you will need an additional resource that allows you to download indicator tools or a professional website that offers access to these analysis services. We recommend a proven option – the site tradingview.com.

 

System signals

Generation of forecasts for trading in UP positions occurs according to the following technical indicators of the components of the trading strategy:

  • The fast lines of the analysis service 8x MA together with the quotes of the trading asset crossed in the ascending direction the slow-moving indicator muvings, as well as the narrow price channel formed by the technical analysis tool Fibline Glance
  • Snabbel _RSI_EMA oscillator muwings show a steady upward trend with a relatively high divergence of the lines between them

Generation of forecasts for trading in UP positions

Generation of forecasts for DOWN trading positions occurs according to the following technical indicators of the components of the trading strategy:

  • The fast lines of the analysis service 8x MA together with the quotes of the trading asset crossed in the downward direction the slow-moving indicator muvings, as well as the narrow price channel formed by the technical analysis tool Fibline Glance
  • Snabbel _RSI_EMA oscillator muwings show a steady downward trend with a relatively high divergence of the lines between them

Generation of forecasts for DOWN trading positions

 

Expiration

The basic range of working of technical forecasts of strategy is the range of 1 hour. But such a long period of contract maturity allows to use positions with shorter repayment period in trading – the best way is to work with expiry time contracts. 15 minutes and 30 minutes.

 

Money Management

The high predictability of medium-term trend movements of the market allows you to use contracts with higher financial risks for trading – we recommend limiting the maximum value of the contract at a level no higher than 10% of the amount of investment capital. If the account does not allow you to use positions with such value, use contracts with the lowest price.

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