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Simple Bands Binary Options System With CCI

I’ve been testing this binary options system for a while and the results look great. It consists of 2 trading indicators: the 3-bands indicator for options trading and the popular CCI indicator. The image below shows the trading outcome on the 5 min British Pound /US Dollar chart. 8 Wins and 2 losses, that’s 80% winning rate.

Let’s take a closer look how the system works:

Chart Setup

Binary Indicators: ColorCCI.ex4, binary-options-bands.ex4
Analysis Tools: N/A
Time Frame: 5 minute, 15 minute
Trading sessions: Any

Tradable Assets

Assets: Currencies, Stocks, Commodities

Download

Download the Simple Bands Binary Options System With CCI

GBP/USD 5 Min Chart Trading Example

profitable-binary-options-system

As shown on the 5 min chart above, the system generated 8 wins and only 2 losses.

Trading Rules

Buy CALL Option:

  • Price trades above the green middle band
  • Green color CCI bar

Buy PUT Option:

  • Price trades below the green middle band
  • Red color CCI Bar

Expiry time of the binary option:

Preference: 3 bars (15 min for 5 min chart and 45 min for 15 min chart). Alternatively: choose the closest expiry time available.

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