IQ Option 60 Seconds Breakout

IQ Option Short Term Trading with Breakout Indicator And Awesome Oscillator

We have a reliable method that is crucial for success. One of the most effective strategies involves using the Breakout Indicator and the Awesome Oscillator. These two indicators have proven to be profitable, especially for short-term trading. 

Understanding the Indicators

Breakout Indicator

The Breakout Indicator crosses when the price moves beyond a defined support or resistance level. This is a best moment for binary traders as it may indicate the start of a new trend.

Awesome Oscillator

The Awesome Oscillator measures market momentum. Based on recent price movements, it helps traders gauge whether the market is bullish or bearish.

IQ Option Trading Strategy

1. Using the Arrow Script: The Arrow script provides buy and sell alert arrows. It is advisable to follow these alerts, especially when they coincide with signals from the other indicators.

2. Risk Management: Always trade with a small percentage of your capital. The Forex market can be volatile, and even successful traders experience losses. By managing your risk, you safeguard your investments.

3. Trade Setup:

   • Look for moments when the Breakout Indicator crosses two lines while the Awesome Oscillator is at a high resistance level. This often signals a downward trend.
   • Set your candle period to 5 seconds with a 1-minute trading expiration for optimal results.

4. Finding Trading Spots: Patience is key. Wait for clear signals before entering a trade. For example, when the Breakout Indicator crosses and the Awesome Oscillator is in the middle range, it may suggest a potential upward movement.

5. Trade Execution: Once you identify a good trading spot, execute your trade confidently. Monitor price movements closely to ensure you’re ready to react if conditions change.