Doubles strategy uses Bollinger bands which you may know already.

Additionally, it also uses the MACD indicator which is suitable for binary option trade. And how do these indicator get along?

With this strategy, we are waiting for the price to enter and the current candle to close in the area between two outer Bollinger bands. Afterwards, we wait for a correction in direction of anticipated price progress and confirm this turn using MACD indicator. Strategy is very simple, but successful!

Binary Options with Bollinger Bands

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