Binary Options Trading Strategy 5 Minutes “Srafty Serpent”

Published:1 December 2015 Updated:4 January 2024

Binary options, of course, are very treacherous, but there is a strategy of option trading, with which you can outsmart the market and turn its insidiousness in profit! And the name of this strategy is “Crafty Serpent” (which translates as “Devious Serpent”)And thanks to it you can easily add about 5% to your deposit per day.

 

“Crafty Serpent” – everything you need for this option trading strategy

To trade on the tactics “Srafty Serpent” you need a trading platform, where the deals are made without slippage (not to lose precious points), a high level of profitability (so that the broker gets less), and there are no “dead zones when buying options” in trading (you can trade non-stop). Looking for a terminal that meets these requirements, we found a terminal at PocketOption, a broker which in addition the minimum deal on the platform is only $ 1, which means that you can use a binary options trading strategy with minimal risk (with a minimum deposit of $ 10).

In addition, to trade on the “Artful Snake” you will need our Live Market Quotes Chart, which will help you create a template for this trading tactic, which will provide you with trading signals to open trades.

Thus, by opening Live ScheduleIf you are looking for trading signals, find the name of the underlying asset in the search box.

When a chart opens for the desired asset, select the value of 1 minute in the price display interval section.

Further in the section with indicators Select the “Know for sure” indicator. You will see it on the chart in a separate window.

This indicator in the binary options trading strategy 5 minutes “Crafty Serpent” will provide you with trading signals, and with their help you can conclude almost guaranteed profitable deals.

 

Receiving signals

What can binary options give you? A strategy by professionals called “Crafty Serpent” will provide you with 7 trades closed out of 10 open, which is an excellent result that is available to any trader right now. So to trade, simply place 2 windows next to each other (the PocketOption platform window and the Live chart) and watch the dynamics of the set indicator “Know for sure.

There will be a signal for an up trade if:

  • The green lines of the “Know for sure” indicator used will cross the zero level upwards
  • Therefore, if you see such a situation on the chart, press the UP button on the PocketOption platform right away, because most likely, the quotes will continue to move in this direction.

There will be a signal for an DOWN trade if:

  • The green lines of the “Know for sure” indicator used will cross the zero level downwards
  • Therefore, if you see such a situation on the chart, immediately press the DOWN button on the PocketOption platform, because most likely, the quotes will continue to move in this direction.

 

Expiration dates for the binary options trading strategy “Srafty Serpent”

When creating the pattern on the Live Chart, we applied a 1-minute timeframe for the quote chart. This means that one quotation candle is equal to one minute. So, you can see on the chart that when the lines from the “Know for Sure” indicator make a crossing, the next 5 quote candles (which is equal to 5 minutes) and further move down. This is a standard scenario that repeats itself 90% times when you get a trading signal. That’s why we recommend putting an expiration time of 5 minutes on the PocketOption platform. It is thanks to this parameter that the binary options trading strategy “Srafty Serpent” will work as effectively as possible.

 

Money management rules

We wrote above that PocketOption (go online) The smallest deal is only $1. Therefore, if you have a small amount on your deposit, this amount of transaction will be optimal for you. And if your deposit sum is over $100, then you need to keep to the basic money management rule – use only 2% of the deposit sum for transactions. Thus, you will avoid “overheating” of your deposit and financial losses at an unfavorable situation at the market of the chosen asset.

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Reviews

  • One of my favorite strategies, because trading for 60 seconds you can make a lot of mistakes. The shorter the timeframe, the less accurate the signals. Therefore, 5 minutes is the minimum timeframe.

    Reply to a review
    • Serega 17 January 2016 at 20:17

      But trading 60 seconds a day you can open at least 5 times more trades, which means that you can also earn as much.

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