There are many strategies for binary trading, but how do you know which one will be the most effective and comfortable for you? When trading through a

Finmax broker, use the best techniques that will allow you to increase your profits and open new trading opportunities.

Let us look at these strategies in detail.

## Inside Candle

This refers to the category of undiscovered strategies; the key principle is to find a specific candlestick model.

**The following conditions must be met in order for this system to be used:**

- there are three candles on the chart, the first of which is long and the second is short and closes in the opposite direction;
- the third candle should continue moving Inside Candle and close above the starting price of the first bar with a break in a significant line.

It is advisable to select an option with a duration of up to 2-3 candlesticks, with one candle in the chart corresponding to the size of the timeframe. If you are trading on a 5-minute interval, then the trade will last between 10 and 15 minutes.

This is the easiest and most efficient strategy for binary options.

## Royal Fish

**The trader works on a live schedule and sets the following settings:**

- 1-minute timeframe;
- using Fisher Transform with standard parameters;
- Stochastic with values 20, 3, 3;
- the option opens for 5 minutes or 5 candles.

Signals for the call contract:

- the crossing of the indicator lines in the -2000 zone so that the orange line is above blue;
- Stochastic curves are crossed below level 20 and the orange line is under blue.

Signals for the Put-Contract:

- the crossing of the indicator lines in Zone 2000 so that the orange line is above the blue;
- Stochastic curves are crossed above level 80 and the orange line is above the blue.

*Stochastic’s signal lines intersect in the direction of the book above level 80, blue at the bottom and orange at the top.*

This methodology allows a profit to be made with a probability of more than 70 percent.

## Triple RSI

A simple and accessible trading system, which is based on the RSI indicator.

**The working conditions are as follows:**

- Triple connection of RSI indicator for live graphics
- settings 5, 14 and 21 respectively for each.

You can trade with any underlying asset, the optimal timeframe is five minutes. The option period must be between 3 and 5 candlesticks.

**Such signals are used to conclude transactions:**

- downgrading – all indicators are in the overbought sector;
- an upside-down transaction – all indicators have fallen into the oversold sector.

## Conclusion

*All the strategies described combine simplicity and high efficiency, and with the Finmax broker you can test each one on a demo account and choose the one you like best, increasing your profits.*