The Golden Engine Trading System binary options strategy is a proprietary development and was originally created for the Forex market, but it can be easily integrated and used in binary options trading.

One of the indicators is intended for trend trades, but we will be interested in the remaining two, which make it possible to conclude quick trades with expiration in two candles of the current time frame.

Golden Engine Trading System Strategy

Characteristics of the strategy for binary options Golden Engine Trading System

  • Terminal: MetaTrader 4 .
  • Time frame: M1-H1.
  • Expiration: 2 candles.
  • Types of options: Call/Put.
  • Indicators: Golden Finger, Golden Tendency String V2, Golden Varitey.
  • Trading instruments: all currency pairs.
  • Trading hours: 9:00-17:00.
  • Recommended brokers: Quotex , PocketOption , Binarium .

Installing Golden Engine Trading System Strategy Indicators in MT4

Indicators are installed as standard in the MetaTrader 4 terminal.

In the Golden Finger indicator you will need to change the “Risk” parameter from the value “4” to the value “6”

All other indicators are installed with default settings.

To avoid setting up the chart yourself, at the end of the article you can download indicators and a template for this strategy.

Instructions for installing indicators in MetaTrader 4:

Rules for trading using the Golden Engine Trading System strategy

The trading rules for this strategy may seem complicated to beginners, but in fact this is not the case and after the examples on the chart, the questions will most likely disappear by themselves.

Of course, this strategy can show better results when using longer expirations, but in this case you will need to work strictly according to the trend. We will consider the rules for quick transactions that can be made at any phase of the market.

I would also like to note that when trading using this strategy for binary options, some rules will be mandatory, while others will be optional.

To open a Call option you need to:

  1. (Required) The Golden Varitey indicator must show at least two icons of the same color (gray). But the more icons of the same color, the better:

Example of Call signals

Next come the rules, one of which must be followed.

  1. The Golden Tendency String V2 indicator should change color to gray.
  2. The Golden Finger indicator should draw a blue circle.

To open a Put option you need to:

  1. (Required) The Golden Varitey indicator must show at least two icons of the same color (yellow). But the more icons of the same color, the better:

Example of Put signals

Next come the rules, one of which must be followed.

  1. The Golden Tendency String V2 indicator should change color to yellow.
  2. The Golden Finger indicator should draw a yellow circle.

Note: The signals do not have to appear simultaneously. They may appear sequentially one after another, which will also be considered an indication of the opening of an option.

Examples of trading using the Golden Engine Trading System strategy

Any time frame for this strategy can be used, and expiration should last 2 candles. For example, the M1 chart of the NZD/CAD currency pair will be taken.

Opening a Call Option

After all the signals, it is advisable to wait until the candle closes so that the indicator indicators consolidate their values.

In this example, all indicators showed the same colors, which gave an amplified signal:

Call option

Opening a Put option

And in this example, the signal was first shown by the Golden Varitey indicator, and then by other indicators, which can also be used to open a trade:

Put option

Conclusion

Despite the fact that the indicators have not one, but several conditions for opening positions, the rules still remain simple and all you need is a little practice.

The main thing is not to forget that no one has canceled compliance with money management, since trading in financial markets can lead to the loss of a deposit if the rules are not followed.

Also, for successful trading, it is recommended to make transactions only through a trusted broker. If you have not yet found one, then you can familiarize yourself with our rating of binary options brokers and choose the one you like.

Download indicators and template for the Golden Engine Trading System strategy

Download

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.

Pocketoption

See also:

Free robot advisor for binary options

Economic calendar

How to correctly determine the trend in the market?

How to adapt a Forex strategy to binary options?

Estimate:
(5 / 5)
Your vote has been counted
Comments

To leave a comment, you must register or log in to your account.

Maxtrade
Maxtrade
будем оценивать эту стратегию, нравится что правила должны быть выполнены не все, а достаточно несколько условий всего
20 March 2020
Answer
Галина Петрова
Галина Петрова
Спасибо, буду пробовать на демо, и если получится то пойду на реал, с виду неплохо выглядит)
20 March 2020
Answer
Патриот
Патриот
эта система очень хорошо может подойти для долгих сделок, буду пробовать ее адаптировать под большие ТФ спасибо
20 March 2020
Answer
Our website uses cookies and similar technologies to ensure that you get the best experience by providing personalized information, remembering marketing and product preferences, and helping you get the right information.
Quick registration!

Thank you for registering on our website. Now you have access to free distribution of signals, strategies and indicators from our website, and you can also leave a comment under any article on our website

An email has been sent to you with a link to confirm your registration and activate your account.

* If you use GMAIL mail for registration, then the letter will most likely end up in spam , check the spam folder and click the NOT SPAM button to receive notifications in the future or use another mail for registration.

** if within 5 minutes the letter has not arrived at your other email address, also check your spam folder or write to us in support support@winoptionsignals.com

If you have any questions, you can contact our support team:

You can also read our FAQ

Happy trading with us!