Deriv Binary Options Higher Lower Strategy with Hydra Trend Rider

---

Reading Time: 4 mins

You can easily generate 50% to 200% returns with Deriv Binary Options Higher and Lower Trading. In this guide, we will show you how to do that. Deriv Higher Lower trading is available for selected markets, including Forex and Synthetic Pairs.

Available Symbols and Trade Duration:

Symbol	Trade Duration
Forex	1-365 days
Synthetic Pairs	Ticks to Days

Pre-Setup Before Trading

This strategy requires the Hydra Trend Rider indicator and an active Deriv trading account.

Open MetaTrader 5 Trading Account:

Once you open a Deriv trading account, open a MetaTrader 5 trading account from your account dashboard. Then download the MetaTrader 5 Deriv trading platform and log in to your MT5 account to access the Synthetic Volatility Index data.

Install the Indicator:

Install the Hydra Trend Rider indicator on your MetaTrader 5 platform. Watch the video below to learn how to use this indicator for Deriv trading:

Video Link (Coming soon)

Load the Indicator:

Open the Volatility 10 index and load its entire timeframe chart data from M1 to Monthly. This allows the Hydra Trend Rider indicator to provide accurate signals based on all available data. Then, add the Hydra Trend Rider indicator to receive trend signals.

Setup Chrome for Binary Options:

Simultaneously, open your Deriv trading account in Chrome, then click on Trading Hub and select the Volatility 10 index. Change the chart timeframe to 1 minute. On the MetaTrader 5 chart, open the same Volatility 10 index with a 1-minute chart and add the Hydra Trend Rider indicator.

Definition of Higher Lower Trade

In this type of binary options trade, you need to select a trade duration from tick to daily and set a barrier level. For example, if a stock is trading at $50 and you set the barrier at 53, you expect the stock price to move above 53 in the next hour. In this case, you would place a higher trade for a 1-hour duration above that barrier level.

Alternatively, if you think the stock will stay below the 53 barrier level in the next hour, you can place a lower trade.

Return of the Trade

Returns vary depending on the odds of the trade. If the trade has a higher probability of being correct, the return will be lower, and vice versa. The higher the odds, the higher the return.

Choosing between a higher or lower trade depends on market conditions.

The Strategy

In the image below with the Hydra Trend Rider, we can see the market creating higher high candlesticks, with the Hydra Trend dashboard showing a bullish trend from the M1 chart to the M30 chart. This multi-timeframe trend analysis helps us understand that the market is likely to remain bullish for the next 10-30 minutes. Therefore, we moved the barrier close to the current bar and placed a higher trade, resulting in a 145% return on investment.

Note: A 1-minute trade duration can be challenging for novice traders, so we recommend using a 2-3 minute trade duration if you are using a 1-minute chart for the trade signal.

Trade Result

Here, we can see that the market moved in our favor, turning a $10 investment into $24, resulting in a $14 profit.

Money Management:

This trading strategy offers a favorable risk-reward ratio (R/R). By selecting trades with the best possible outcomes and returns, you can generate long-term profits. Avoid overtrading—limit your trades to 1-3 per day during the most active sessions. This strategy works best in trending markets, which you can identify using the Hydra Trend dashboard.

Keep your investment small. Beginners should practice on a demo account first. Once confident, trade with a lower amount like $1. It’s important to study the basics of technical analysis, such as higher highs and lower lows, trend lines, and chart patterns.

You can view our chart pattern video series here.

---

Open your first Binary Options Trading Account:

Read Next