While financial markets operate under strict rules and regulations, traders’ results can vary significantly—even when they follow the same guidelines. This is because trading isn’t just about strategy; it’s about people. Each trader brings their own temperament, mindset, and decision-making style into the game.
Some traders thrive on adrenaline, embracing risk and fast-paced action. They prefer short time frames, engage in turbo options, and make dozens of trades daily, aiming for quick wins.
Others, however, take a more meticulous and patient approach—like skilled artisans carefully crafting their moves. They wait for just one or two high-probability signals, ensuring each trade has the potential for significant profit. For traders with this precision-driven mindset, a specialized strategy has been developed—one that offers rare but highly lucrative opportunities.
Basic settings for the Jeweler strategy
The creators of the Jeweler system use three indicators in combination: Bollinger Bands, CCI and Stochastic. You can find these indicators on most platforms provided by various brokers, including Pocket Option.
It is recommended to apply the above-mentioned strategy on time intervals M15, M30 or H1. It is not suitable for working with turbo options, as there are too many speculative fluctuations on smaller time intervals.
Stocks and currency pairs can be used as assets, except for those with low volatility. Keep in mind that the strategy is ineffective in a sideways trend.
The chart is traditionally built in the form of bars or Japanese candlesticks.
Bollinger Bands settings are left by default, in CCI it is necessary to select period 14, and for Stochastic parameters 5; 3; 3 are set.
How to trade with the “Jeweler” strategy
Before you start looking for signals using this technique, you need to understand how each of the indicators will be used in the strategy.
Bollinger Bands in this case act as a price channel. Therefore, if the price is at the upper boundary, it is likely to decrease soon, and if it is at the lower boundary – vice versa.
CCI shows the deviation of the current price from its medium-term value. It is considered that there is a high probability of growth if its line is below the -200 level. On the contrary, the market is expected to fall if the indicator signal is above the 200 level.
Stochastic indicates possible growth if its lines are in the oversold zone (from 0 to 20). A fall is expected if the indicator shows overbought (from 80 to 100). However, in this strategy, the signal will be the crossing of the fast and slow lines within one of these zones.
The CALL contract should be bought when the price is at the lower Bollinger Boundary, the CCI has fallen below -200, and the fast Stochastic line has crossed the slow line from the bottom to the top, being in the oversold zone.
A PUT option should be bought when the price has reached the upper boundary of the Bollinger Bands, the CCI has risen above the 200 level, and the Stochastic has crossed from the top to the bottom in the overbought zone.
The expiry time is equal to three-time intervals.
In the world of trading, much like in jewelry-making, success lies in the balance between precision and intuition. Some traders, like daring adventurers, chase quick opportunities, thriving in the fast-paced market. Others, like master jewelers, patiently wait for the perfect moment, carefully selecting only the finest opportunities that promise true value. Just as a jeweler polishes a gemstone to reveal its brilliance, a skilled trader refines their strategy to maximize profit.
