Binary options Bollinger band strategies – BinaryOptionsGeek

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    lowelldeason1
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    This image above shows that interest in the binary options market peaked in January 2017 before many new regulations took place. Yet, in 2020 there’s an upward tick that we saw before it spiked in 2014. I’m not predicting this to be the case, but it does go to show that people are still interested in the best binary options software and signal services in the current climate.

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    Traders are given a certain scenario for a number of assets. The maximum price of a contract is 100, hence the name of the product. Traders have the opportunity to buy or sell the contract at a certain price with the minimum value of the contract being 0.

    The general idea behind Bollinger bands, and which can be seen from any historic chart, is that when price moves outside of either of the outer bands, it has a very high likelihood of retracing back to at least the central Bollinger band. This can be described as the market being overstretched and it is visible on any timeframe and all currency pairs, commodities and stocks.

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