Binary Triumph – how win 80% trades on binary options

Binary Triumph or The Easy Price Action Short-Break Strategy for Binary Options Trading based on the patterns of the Price Action, which are called Tweezers. The author of this strategy Ken Alison has found an excellent application of this pattern in the binary options trading. The strategy turned out to be very precise, simple and effective. Without using any indicators or advisors. Only the naked chart and trend lines. And win rate more than 80%. Sumptuously!!!

Characteristics of the Binary Triumph
Rules of trade by Binary Triumph

In Plotting our Price Action Lines, there are some certain criteria that has to be met before taking our trades, which are,

  1. There must be a Matching Top or Bottom. Japanese candlestick pattern call this a Tweezer, this a situation where by the candlestick top or bottom are equal at reversal
  2. There must be an Engulfing. An engulfing is referred to as when the new candlestick covers the previous
  3. The Candlestick engulfed must have a long wick than body

This is an example of a typical candlestick:

binary-triumph-body-and-wick

Below is an example that matches the 3 criteria:

binary-triumph-3-criteria

Now that we have known the criteria let’s look at how to place a valid trade.

To ensure we have a valid short-break points after reversal confirmation, we apply a method author call the candlestick back counting, this method will enable us have a perfect entry point.

How does candlestick back counting work?

  1. We place a line on the Matching top or bottom as seen in the image above
  2. We draw the line 8 candlesticks forward (this might be challenging for new formations because there is no candlestick forward, but you should be able to use the same length of a past traded line drawn to apply in a new formation)
  3. We draw the line back to the highest/lowest candlestick before the reversal was made (maximum of 14 candlesticks back)

binary-triumph-higher-lowest-reversal

Now Let’s take a recap on how to take trades from MT5

1. Click on the Draw Trendline icon

draw-trandline

2. Draw the line on where you spotted the candlestick 8 candlesticks to the front

draw-forward-8-candlestick

3. Draw the line back to the lowest/highest before the reversal

draw-line-back

4.  Place an arrow after the break candlestick (whether up or down)

draw-arrow

5. Login to your broker and take the trade 20 to 30 mins (Minimum of 4 candlestick, Maximum of 6)

A few examples of trades:

binary-triumph-call-put-examples

More information about the trade on this strategy you will see in this video:

In the archives Binary_Triumph.rar:

  • The Easy Secret Short Break Price Action Set Up for Accurate Trading - Binary Triumph.pdf
  • Binary Triumph.tpl

Free Download Binary Triumph

13 Responses

  1. HAMAD

    There is no indicator mt4

    • Daniel

      I will say even more: there are no indicators at all. Only template for MT5. This system works without indicators.

      • Olisa

        Hello Daniel,
        Can you develop an indicator for this system?

  2. me

    thanks a lot for sharing your work, i like them

  3. Mikel

    I appreciate that you have dedicated so much time to prepare this srticle with so many step-by-step images and description.

  4. Jesus

    It really seems to be a very good method, however, I have some difficulty in determining the correct candlestick pattern (tweezer) to apply the strategy. If this method or strategy could be grouped with an indicator (arrow) to help us know when it is time to enter, it would be extraordinary…

  5. vusi

    awesome strategy. to validate a reversal I use the strategy with stochastic to determine ob/os conditions. Good strategy that needs patients. In any case I just need not more than 3 trades per day. good strategy indeed for supplementing your forex trading

  6. vusi

    I think the rules are clear. you wait for a reversal that has happened after a long wick engulfing candlestick pattern with a tweezer condition, then draw SnR consisting of 8 candles counted forward, then you look for the highest/lowest candlestick before reversal happen and draw 14 candles from the to your 8 candles SnR line, then you enter for 4-6 candles at the break.

    I think for those who like to trade pull backs, you can you Fibonacci Retracement to determine SnR levels for sell/buy points, still looking for long wick engulfed candlesticks….RSI 7, with 80,50,20, can be used as a confluence.

    Naked trading is safe trading, you just look for HH,HL, Range, LH, LL whilst you draw SnR lines to confirm previous H/L swings ….you don’t need indicators…

  7. Konda

    Hi,
    I am regular visitor of this website and I have tried almost all the strategies that we posted here and couldn’t get more than 80% ITM, hence I decided to develop one of my own and today I have developed my own strategy with the help of price action I learnt here. I have had only 2 losses so far in 3 months with an average 10 trades per day, which is more than 95% ITM without Martiangle.

    Daniel, If you can help me with your email address then I can share this with you and you can post it here.

    • Paul

      Hallow Konda, Please share with me that strategy that you developed. Thanks

  8. KHOA

    im using this strategy and.. it working well, but need a lot of patient and a system for funds. However, i will so appriciate if you can share your own strategy to help me more in trading. If you need, i can pay for that. my email: akcnsh30887@gmail.com

    • Daniel

      I do not quite understand what you are going to pay for?

  9. Alex

    To be honest – I do not understand couple of things…From time to time I am returning back to this strategy and again – rules remain unclear for me. Daniel, is it possible to ask the Author to clarify the rules again, please. I tried to analise the screenshots – and again – more questions than answers. Where should be engulfing? Where tweezers? Are there anything from I have just mentioned on the screenshorts above? May be it is a great Strategy, I do not know, so far I do not consider this, since I do not understand the rules clear…Thank you.

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