The Quotex Secret Holy Grail trading strategy for binary options produces strong results on the Quotex platform thanks to just two indicators, both available in the trading terminal of this broker. The system is built on the Schaff Trend Cycle oscillator and Bollinger Bands.
The strategy's simple rules mean that even complete beginners can use it without making mistakes, while experienced traders can significantly improve signal quality by adding an extra filter to the standard indicator readings. We will cover this nuance later in the review.
We have previously covered a Quotex trading strategy that uses Bollinger Bands, but unlike the "Stochastic Average" strategy described earlier, the "Quotex Secret Holy Grail" can be used on short timeframes, including M1, and for trading binary options with short expiration times.
Before you start buying options, remember that you can reduce trading risks by using the Quotex cancel loss trade promo code. This always allows you to cancel a loss trade of up to $10.
Description and Configuration of the Indicators on the Quotex Platform
The Schaff Trend Cycle oscillator used in the Quotex Secret Holy Grail binary options strategy provides information about the direction of the trend. It is based on the assumption that market trends accelerate and slow down according to certain cycles.
Like the popular MACD oscillator, the Schaff Trend Cycle formula is built on exponential moving averages. However, it reacts more quickly to price changes and generates trading signals earlier, because in addition to the moving averages it also adjusts the overall period.
To trade with the Quotex Secret Holy Grail strategy, first add the Schaff Trend Cycle oscillator to the chart, set Length to 12 and Fast Length to 21, and leave all other settings unchanged:
The second indicator, Bollinger Bands, is used in binary options trading to identify overbought and oversold zones. Add it to the Quotex chart without changing the default settings, which are already sensitive enough for the Quotex Secret Holy Grail strategy:
When the price touches the green Bollinger band or moves above it, the price is in the overbought zone. Conversely, when the price touches the red band or moves below it, it is in the oversold zone.
Trading Rules for the "Quotex Secret Holy Grail" Binary Options Strategy
The logic of the "Quotex Secret Holy Grail" system is straightforward: one indicator identifies the main trend (and therefore the direction of the trade), while the second finds the optimal entry point on a local pullback.
Even a complete beginner in binary options trading can identify the trend direction using the Schaff Trend Cycle indicator. When the oscillator is above 0.75 and its line is coloured green, that signals favourable conditions for buying Call options. Put options should be bought when the oscillator line turns red and falls below 0.25.
Bollinger Bands are used to find optimal entry points in the Quotex Secret Holy Grail strategy. They identify the end of a local pullback against the main trend. If the price has pulled back from above and is approaching the lower red band, it is in the oversold zone, and the potential for further downward movement has been exhausted. This is a good moment to buy a Call option. To buy a Put option, wait for the price to pull back from below and approach the upper green Bollinger band.
There are only two rules to follow in the Quotex Secret Holy Grail strategy.
To buy a Call option, the following conditions must be met:
- The Schaff Trend Cycle oscillator is above 0.75 and its line is coloured green.
- The price has touched the red Bollinger band.
When the price touches the lower red Bollinger band, you can buy a Call option with an expiration of one candle.
To buy a Put option, wait for the following conditions:
- The Schaff Trend Cycle oscillator is below 0.25 and its line is coloured red.
- The price has touched the green Bollinger band.
If both conditions are met, this is a signal to buy a Put option.
The advantage of the Quotex Secret Holy Grail strategy is that it produces a sufficient number of profitable signals for successful binary options trading even without tracking the trend direction on a higher timeframe. Experienced traders can further improve trading quality by filtering out signals that, in their judgement, run against the trend on higher timeframes.
Conclusion
The "Quotex Secret Holy Grail" is one of the best short-expiration binary options trading systems for the Quotex platform. We still recommend testing the strategy on a demo account before trading with real money.
And don't forget that following the rules of money management and risk management always has a positive effect on your trading balance. Happy trading!
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