RSI with Bollinger Bands Binary Trading Strategy

Martingale Binary Options High/Low Trading Strategy

RSI with Bollinger Bands indicators is a binary options high/low trading strategy based on volatility. The money management is with Martingale.

Time frame 30min- 1H




Expiry time two candles

Markets: Forex currency pairs majors: GBP/USD, USD/CHF, EUR/USD, AUD/USD, NZD/USD, EUR/JPY, USD/JPY, AUD/JPY

Other Indicators

RSI 14 period, with 30 and 70 indicator levels);

Bollinger Bands level (20, 2);

Rules for RSI with Bollinger Bands Binary Strategy

Do not start before the forex economic news

We wait for the price to either hit the lower Bollinger band or the upper Bollinger indicator band, and the moment this happens, we take the trade immediately.

Buy Put

If the price touches the indicator lower Bollinger band, we and RSI are below the 30; we take a put.

Buy Call

If the price touches the chart upper Bollinger band, we and RSI are above the 70; we take a call.

  Bollinger bands WPR strategy for option traders

Martigale money management

Minimum account for this strategy 700$

first trade 10$,

second trade 20$,

third trade 50$,

four trade 50 $,

fifth trade 300$.

Strategies based on martingale always increase the adrenaline, traders, and calm !!

In the pictures, RSI with Bollinger Bands.

Download the Strategy Indicators below the images RSI with Bollinger Bands RSI with Bollinger Bands

This is a great strategy. As for me, we recommend doing the following: as soon as the candle touches the upper or lower band and RSI hits its zones (70 or 30) – PUT (BUY) by the end of the 2nd candle. That is, the best expiration in this case – is till the end of the current hour, using the 30-minute timeframe. We have two reasons for that: 1) almost every broker has this expiration; 2) 30 minutes is not as noisy as lower timeframes. As to martingale – it’s up to you. I prefer to trade more conservatively – without stress.

Read More: Dragon 5 min Scalping Forex Trading Strategy

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