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The Seven Candles Binarium strategy is used by beginners and pros. Anyone can master this method, as it does not require knowledge of market subtleties. At the same time, it is effective and profitable.
Why should you use this strategy?
Do not let simplicity mislead you — this strategy is quite stable. It allows you to trade using a candlestick chart with a 1-hour time frame. Your goal is to enter the market focusing on long-term expiration, regardless of fleeting trends and market noise.
How do you trade using a Seven Candles strategy?
Begin by setting a time range — 1-hour frames between 22 p.m. and 11 a.m. GMT. On the chart below, you can see 13 candles, red and green. Within the chosen timeframe, you should only enter the market against the direction of most candles.
Before opening a long trade, wait until at least 7 red candles appear within the interval. A new red candle opening and closing within the next few hours (up to 4) is your signal to take action on the binarium broker platform. Buy an option with a long position.
Similarly, after 7 or more green candles appear within the interval, you need one more green candle to appear and close within the next 4 hours. Based on this signal, you should buy an option with a long position.
Trading recommendations
- Expiration: 1–3 hours
- Investment: 2% of deposit amount