The ARMAND binary options strategy is based on trading sessions and signals, as well as a news indicator that alerts the trader when not to take trades, as increased volatility and intraday noise are known to disrupt trading.
It is worth noting that the ARMAND trading system is paid, but you can download it for free from our website for review.
Characteristics of the strategy for binary options ARMAND
- Terminal: MetaTrader 4 .
- Time frame: Any, but the author recommends M5.
- Expiration: 1 candle or 3 candles.
- Types of options: Call/Put.
- Indicators: ARMAND, CandleTime, Change Symbol Vertical, IceFX.NewsInfo, i-Sessions, Rsi tma_nrp__bands_mtf, Auto levels.
- Trading instruments: any.
- Trading hours: 8:00-18:00.
- Recommended brokers: Quotex , PocketOption , Binarium .
Installing ARMAND trading system indicators in MT4
Indicators are installed as standard in the MetaTrader 4 terminal.
There are quite a lot of indicators in the ARMAND trading system, so manual installation is not recommended. The easiest way is to install this trading system using the template, which can be downloaded at the end of the article.
Please note that the archive also contains a “Libraries” folder and for the news indicator to work correctly, it will need to be moved to the root directory of the terminal.
Instructions for installing indicators in MetaTrader 4:
The essence and rules of trading using the ARMAND strategy
We will not tire of repeating that no matter what strategy or indicator is used, it is definitely worth studying what a trend is and how to determine it .
If we talk about the ARMAND trading system itself, it requires an understanding of some principles. The system provides for the use of trading sessions, and the author divides currency pairs into “active” and “inactive” depending on the session. The division of currency pairs occurs as follows:
"Active" | "Inactive" |
Asian session | |
USD/JPY | EUR/USD |
AUD/USD | GBP/USD |
EUR/JPY | USD/CHF |
GBP/JPY | EUR/GBP |
AUD/JPY | USD/CAD |
EUR/AUD | EUR/CHF |
European session | |
EUR/USD | USD/JPY |
GBP/USD | AUD/USD |
USD/CHF | EUR/JPY |
EUR/GBP | GBP/JPY |
USD/CAD | AUD/JPY |
EUR/CHF | EUR/AUD |
American session | |
EUR/USD | EUR/GBP |
GBP/USD | EUR/CHF |
USD/CHF | EUR/JPY |
AUD/USD | GBP/JPY |
USD/CAD | AUD/JPY |
USD/JPY | EUR/AUD |
On the chart itself, trading sessions can be identified by colors:
Where:
- Yellow - Asian session.
- Blue - European session.
- Pink - American session.
And as one might guess, during a certain trading session the author does not recommend trading inactive currency pairs. But, on the other hand, if we were talking about Forex trading, then this would be logical, but for binary options, even some of the “inactive” pairs can be used without problems at any time, since binary options do not have a strong dependence on volatility .
The second principle that the author of the ARMAND trading system talks about is news, and for this purpose a special news indicator is provided, which, in addition to the news panel, marks future news on the chart itself at the exact time:
If important news is planned to be released that can “revive” the market for some time, then it is better not to make any transactions before such news.
Note: this rule can be applied not only to this trading system, but to any other strategies and types of trading (except for news trading itself).
Taking into account the previous principles, we can now talk about the rules of trading using the ARMAND trading system, the key point in which will be signals in the form of arrows.
So, to buy a Call option you need to:
- There was a required trading session depending on the currency pair (not necessary).
- No important news was planned for release in the near future.
- A green arrow pointing up appears.
To purchase a Put option you must:
- There was a required trading session depending on the currency pair (not necessary).
- No important news was planned for release in the near future.
- A red arrow appeared, pointing down.
Please note that you need to enter a trade on the next candle after the signal one. Accordingly, as soon as the candle closes, you can buy an option with an expiration of 1 or 3 candles (better expiration) from the current time frame.
The asterisks and circles that may appear along with the main signals are only additions and reinforcing factors, so you should not pay special attention to them.
And also in the ARMAND trading system there are alerts for signals:
Examples of trading using the ARMAND trading system
To make it clearer when it is worth buying options using this strategy, let’s look at several examples on the EUR/JPY currency pair and the M5 chart.
Opening a Call Option
As mentioned above, although this currency pair is “inactive” for the European session, this does not really matter for binary options:
Opening a Put option
Buying a Put option is no different from the previous example:
Conclusion
As a result, it becomes clear that some of the rules proposed by the author can be ignored, but what you should not forget about are the rules of money management and testing strategies on a demo account before real trading.
Don't forget about trusted brokers. If you have not yet found one, then you can familiarize yourself with our rating of binary options brokers and choose the right one.
Download indicators and template for the ARMAND strategy
Can't figure out how this strategy or indicator works? Write about it in the comments to this article, and also subscribe to our YouTube channel WinOptionSignals , where we will definitely answer all your questions in the video.
See also:
How to make money on binary options
How to choose a binary options broker?
How to make money on the Internet during the crisis of 2020
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