Effective Range Trading Method

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The “Tigger Factor” – a highly effective method for options trading

This technique is somewhat different from the majority of the most popular indicator trading systems. The “Tigger Factor” method has 87% efficiency, which opens up big opportunities for private investors on the binary market, as it provides dynamic growth of account capital with relatively low risk.

Requirements for the “Tigger Factor” method

Special custom types of professional auto analysis tools are used for the “Tigger Factor” method, and they are capable of assessing a wide range of parameters of price “behavior.” These tools, as they are not available on platforms from companies on the current options market, can be found at our “Analytics” section ( we will need live chart for using this trading method). After searching for and finding the asset you want, add the following auto indicators to its “live” quotes:

• The STARC Bands auto indicator;

• And the tool that gave its name to the technique – the Trend Tigger Factor.

Set the quote time frame to M1. The template field should end up looking as follows:

Since we do not analyze directly on the terminal, we will need to find the fastest and most reliable platform with the most accurate quotes and instantaneous opening of contracts. Platforms that are positioned closer to top will work optimally in this regard. It is a well-known and proven options operator which provides the following on its platform:

• FMRRC protection, which makes it possible to feel confident when working on the national segment of the options market;

• More than 80 types of different high profitability assets;

• Trading with “Turbo” and standard contracts;

• A choice of expiration terms starting at 1 minute;

• Accurate quotes from an outside trading service;

• Instant opening of trades;

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• No pauses or hangs;

• $10 for a starting account, $1 for the minimum contract;

• Technical support 24/7.

Expirations

In the system testing mode, it was determined that the optimal time for contracts to operate using the “Tigger Factor” method on the Binomo platform is from 5 to 15 minutes when using the M1 time frame of the price chart. When using those parameters, the method brings the highest amounts of profit.

Signals of the “Tigger Factor” method

Trades are to be opened UP when these signals from the auto indicators of the “Tigger Factor” method are recorded:

• On the STARC Bands auto indicator there is an intersection in an upward direction of its dotted line with the price of the asset;

• The AK Trend ID auto indicator line which is moving in an upward direction changes its color to green;

• The Trend Tigger Factor auto indicator uses its moving to intersect the critical lower level upwards:

After noting these movements from the auto indicators of the “Tigger Factor” method on the template field, proceed instantly to the platform you prepared in advance and trade UP:

Trades are to be opened DOWN when these signals from the auto indicators of the “Tigger Factor” method are recorded:

• On the STARC Bands auto indicator there is an intersection in a downward direction of its dotted line with the price of the asset;

• The AK Trend ID auto indicator line which is moving in a downward direction changes its color to red;

• The Trend Tigger Factor auto indicator uses it’s moving to intersect the critical upper level downwards:

After noting these movements from the auto indicators of the “Tigger Factor” method on the template field, proceed instantly to the platform you prepared in advance and trade DOWN:

Money management

Thus, a safe mode of trading on the exchange when using the “Tigger Factor” method can be achieved by applying the standard principles of money management. As for differences in the sizes of the account capital of private investors on the options market, the principles of capital management under various financial conditions will vary as follows:

• If you have not yet managed to “get very far” with the minimum amount of account capital, which is set on the most of platforms at 10 US dollars, then you should use apply only minimal trades worth 1 US dollar for some time.

• When the account has grown, or if it initially amounted to more than $100, the size of trades can fluctuate up to 5% of the volume of funds in the investor’s personal account.

“General Risk Warning: Binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”

Range Trading Explained

About the Author: Andreas Thalassinos (BSc, MSc, MSTA, CFTe, MFTA), Head of Education at FXTM. Highly respected FX educator and Certified Technical Analyst and an authority in algorithmic trading.

Learn Forex Trading

Traders who are just beginning to get a handle on how the markets move, focus on the range pattern; one of the most popular price patterns in technical analysis. In a range, the price bounces from a lower horizontal line (support) and rebounds back down from an upper horizontal line (resistance). This creates a sideways or “trend-less” price movement, which is very appealing even for advanced traders, because when a trader looks at the range in hindsight or on paper, it looks like a very easy way to make money.

As long as this sideways price movement stays consistent, traders might potentially increase their profits by going long around the support area and short around the resistance area.

An experienced trader knows it’s not enough to trade only when prices reach support and resistance lines, most of the time additional confirmation is needed. In this situation, reversal candlestick patterns can be very effective to help confirm movements, and it’s something advanced traders will pay close attention to.

Here are some examples.

The Hammer

As a very popular bullish reversal candlestick, the hammer consists of a small body in two colours (black or white), and a lower shadow that’s 2-3 times bigger than the body. The upper shadow is tiny or non-existent.

A hammer near the support line will signal a buy alert – a buy signal is triggered once the price exceeds the high of the candlestick. A protective stop-loss can be placed under the support line and similarly, a take profit order can be placed at the resistance level.

The Shooting Star

The shooting star is, in fact, an inverted hammer found near the top of the range by the resistance line. It’s a small body (black or white) with an upper shadow that’s 2-3 times the length of the body and has a lower shadow that’s tiny, or non-existent.

Much like the hammer signals a buy alert, the shooting star signals a sell alert if it’s detected near the resistance.

As soon as prices fall below the low of the candlestick, a sell signal is triggered. If the market moves in the opposite direction, a protective stop-loss can be placed above the resistance to protect capital.

The Bullish Harami

This pattern is made up of a long body of any colour, immediately followed by a small body of any colour. This second body needs to be small enough to be enclosed within the range of the longer, previous, body.

This Harami pattern is bullish if it’s found near the lower part of the range, and if the price exceeds the high of the longer body, a buy signal is triggered. It would be wise to place a stop- loss below the support line, and take profit in the upper side of the range in order to protect your profits.

The Bearish Harami

If this same pattern is found near the resistance line, then it’s called a bearish Harami and signals a sell alert. Similarly, if the price were to fall below the low of the longer body, then a sell signal is triggered.

A protective stop loss can be placed near the upper area of the range, while the take profit levels should be found near the lower end of the range.

Filtered Patterns

Overbought and oversold extremes can be identified using traditional indicators (Stochastics, for example) in an effort to improve the reliability of the candlestick patterns within a given range.

Stochastics, and other bounded indicators, oscillate between 0 and 100 levels. If it goes below 20, it’s a typical sign of an oversold market and if it’s above 80, it’s a sign that the market is overbought.

Since reversal patterns are considered only when the market is overbought or oversold, these bounded indicators help to improve the pattern’s predictability. For example, if one of the above-mentioned patterns is detected near the upper part of the range and the Stochastic indicator (specifically, %D) is above 80, the pattern becomes a more reliable prediction. Likewise, if a reversal pattern shows up closer to the support line, and the Stochastic indicator (%D) is already below 20, it is also considered a trustworthy signal.

It is important to note that reversal patterns should be ignored if they appear on either end of the two horizontal lines, while the Stochastic indicators are above 20 and below 80, as they are not dependable.

Whether you are a novice or an experienced trader, range trading can be a very useful method of analysis. With that said, even when price action makes a trade look profitable within the upper and lower boundaries of a range, traders should be cautious.

Range trading still maintains a level of risk because price is always unpredictable. It can go beyond the confines of the range at any given time and in any direction.

Using filters, like traditional bounded indicators, can enhance the reliability of reversal patterns in a given range. A common example of this, is combining the reversal candlestick patterns with Oscillators, when the market is overbought or oversold. If they’re not confirmed by the Oscillator, identified reversals should not be taken seriously.

Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.

Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.

SYNERGY Trading Method

The Synergy Trading Method was developed by Dean Malone and is an effective Forex trading method developed to simplify trading decisions with high probability precision. It combines the market forces of Price Action, Trend, Momentum and Market Strength to produce higher probability trades. The Synergy trading method depicts. in real-time. the interaction of these market forces providing traders the means to make trading decisions with greater confidence and less emotional hassle.

With Synergy, traders identify and use two important trading components in real-time: Price Action and Sentiment.

Price Action is market movement, such as the oscillation of Open, High, Low and Close prices. Too often, traders are mesmerized by trivial price flucuations and lose sight of the underlying trend of the market. Many traders tend to jump in and out of the market instead of staying with the trade as a trend develops. Synergy is designed to eliminate price distortions. It reveals periods of market strength and trend and periods of consolidation.

Sentiment is the intuitive feeling or attitude of traders and investors in the market. For example, if the sentiment of the market is bullish, then traders and investors expect an upward move in the market. Often, sentiment is an indication of optimism or pessimism in the market based on recent news announcements or political events. The Synergy method uses a hybrid custom indicator developed to show postive (buyers) sentiment or negative (sellers) sentiment.

Working in unison, Price Action and Sentiment give traders a distinct trading advantage. When both are in agreement, favorable trading conditions exists. For instance, when price action is showing upward movement with buyers sentiment, there is higher probability of a Long position having a favorable outcome. Similarly, when price action has a downward movement in conjunction with sellers sentiment, a short position has a favorable outcome.

Aim of this thread is to backtest and optimize the strategy and finally to make an EA out of it. In this first post you find the up-to-date indicators and templates.

First backtests show that the strategy works best on the 1H or 30M timeframe with the GBPUSD, EURJPY, EURUSD, GBPJPY, USDCHF, USDJPY and CADJPY. Here are some average results:

160 pips per month

104 pips per month

100 pips per month

95 pips per month

85 pips per month

82 pips per month

75 pips per month

To setup this strategy, please unzip Synergy.zip and copy all indicators into \experts\indicators\ in your metatrader directory. Then copy the template into \templates in your metatrader directory. After restarting metatrader and choosing the template you can see arrows and crosses which shows entries and exits according the trading method. Each cross displays a number which means the profit or loss of the closed trade. The yellow numbers at the end of the chart displays the overall result when every signal was traded. But be careful: due to some technical problems with the template at the beginning of a chart no guarantee can be given. A filled arrow shows the first time a new trade can be entered. A hollow arrrow means “add to buy” it is only used as a confirmation signal.

For backtesting the some options of SynergyInd indicator can be adjusted:

UseEntry68_32: When this is true, the indicator enters a long position even when RSI is above 68 or a short position when RSI is below 32.

UseSmallerExit: When this is true, the system closes a position when the actuall candle is smaller than the previsous candle. “DefineSmaller” needs to be a value.

ReqRedYellowCombo: When this is true, the TSL must be above the MBL before entering a long position or the TSL must be below the MBL before entering a short position.

UseVolExpanding: If this is true, positions are only opened when volatility increases (measured by the Bellinger Bands of the TDI).

UseChaikin: If this is true, positions are only opened when colatility increases (measured by the Chaikin’s Volatility indicator).

Use4Trend: If this is true, long positions will only be opned when the 4H trend is up and short positions will only be opened when the 4H trend is down.

Use Alert: . I think everybody knows this feature.

So far the following settings seem to work most suitable: UseEntry68_32 false, UseSmallerExit false, ReqRedYellowCombo false, UseVolExpanding true, UseChaikin false, Use4Trend false.

To get faimilar with the Synergy trading method, please read the pdf in the appendix or have a look at the webinar, which can be found here.

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