Japanese candlestick patterns have been helping binary options traders read the market and place profitable trades for many years. Among the many patterns out there, the Binarium "Seven Candles" strategy stands out for its practicality, helping you identify market reversals and find optimal entry points even on lower timeframes. This is why the tool is popular among traders who value accurate trading signals.
In this article, we'll cover how to apply the Seven Candles strategy on the Binarium platform, the logic behind the seven-candlestick pattern, and the rules for opening trades. If you haven't yet registered on Binarium, now is the perfect time to do so and try the strategy out for yourself.
Contents:
- What Is the Advantage of the Seven Candles Strategy?
- How to Use the Seven Candles Strategy on Binarium
- Conclusion
What Is the Advantage of the Seven Candles Strategy?
The "Seven Candles" strategy stands out for its simplicity. There's no need to dive into complex theories or master concepts like Elliott Wave Theory or Dow Theory. You simply learn to recognize a sequence of seven Japanese candlesticks on a chart. Trades using this system are best placed on an hourly timeframe. The strategy's effectiveness stems from its longer expiration periods, which means market noise can largely be ignored.
The Seven Candles pattern signals the end of a market correction and helps traders make informed decisions about opening a trade in the direction of the new trend. This strategy works particularly well on the Binarium platform thanks to its technical analysis tools and wide selection of assets.
How to Use the Seven Candles Strategy on Binarium
This strategy is best used for trading between 10:00 PM and 11:00 AM GMT. During this window, 13 hourly candles form and should be sorted into green (bullish) and red (bearish). According to the contrarian logic, a trade is opened in the opposite direction to the majority of the candles. To trigger a trade, at least seven candles must close in the same direction — a clear majority. After the 13‑candle window closes, wait up to four hours for the next hourly candle that matches the majority color to form. Once that candle closes, enter a trade in the opposite direction:
- If the majority of the 13 candles were red (bearish) → buy a CALL option.
- If the majority of the 13 candles were green (bullish) → buy a PUT option.
Execute the trade in the Binarium terminal.
The opposite case calls for a Put option. Here, you need to wait for at least seven green candles to form within the specified window, followed by one more candle of the same color within the next four hours. Once that candle closes, you can open the Put option.
Experienced traders use this strategy to buy options with expirations of one to three hours. We recommend risking no more than 2% of your deposit per trade.
Conclusion
The Seven Candles strategy for Binarium can genuinely improve the accuracy of your binary options trades. This article has shown you how the pattern forms and outlined the rules for opening trades — now all that's left is to put the knowledge into practice. The Binarium platform offers everything you need for comfortable trading: user-friendly charts, a wide selection of assets, and responsive customer support. Register with Binarium today, test the Seven Candles strategy on a demo account, and see for yourself how this approach can improve your results.
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