Master the probabilities behind Implied Deviation Levels! Originated by Darrell R Martin Jr of Apex Investing for intraday trading application.
One of the first strategies I ever learned for binaries and still one of my favorites! I have a couple Ninjatrader work-spaces that show me the Deviation levels on all the major markets I like to trade. I can easily spot a Deviation trade opportunity in minutes. Today, one of those many opportunities was on the US Tech 100 (NQ). I found a very high probability strike at 4496, sold it and never looked back.
I use the Apex stop trigger to manage my risk and let these expire ITM. You can get deviation levels for free from Apex and they are automatically plotted on about 22,000 different underlyingâs. They work on Forex, Stocks, Futures, Indices and commodities. Donât settle for the copycats and imitators, get the most accurate and easy to use forward looking indicator out there!
I like to target strikes that are at least a 1.5 deviation total move or beyond, that gives me roughly an 86% probability of expiring in the money.
Thanks to @Ronin50 for working together with me and putting this together on this training