--- title: 'OTC Strategy on IQ Option with Bollinger Bands and Renko Charts' source: 'https://youtube.com/watch?v=5FX84UkzzVk' video_id: '5FX84UkzzVk' date: 2026-07-12 duration_sec: 345 --- # OTC Strategy on IQ Option with Bollinger Bands and Renko Charts > Source: [OTC Strategy on IQ Option with Bollinger Bands and Renko Charts](https://youtube.com/watch?v=5FX84UkzzVk) ## Summary This video presents an OTC trading strategy for IQ Option using Bollinger Bands and Renko charts. The strategy involves entering trades when price breaks and returns inside the Bollinger Bands, demonstrated with two $100 trades. ### Key Points - **Strategy Introduction** [00:02] — The presenter introduces a powerful OTC strategy for IQ Option that promises many wins. - **Setup: Currency Pairs and Indicators** [00:28] — Open multiple currency pairs on IQ Option. Add Bollinger Bands indicator with period 21 and deviation 2. Change chart type to Renko. - **Entry Trigger** [01:50] — When price breaks outside the Bollinger Bands and then returns inside with a confirming candle (red for put, green for call), enter the trade. - **First Trade: Put Option** [02:35] — A put option of $100 is placed after price broke above bands and returned with a red candle. The trade wins. - **Second Trade: Call Option** [03:57] — A call option of $100 is placed after price broke below bands and returned with a green candle. The trade wins. - **Conclusion and Call to Action** [05:09] — The presenter claims quality entries and encourages subscribing and using the broker link in description. ### Conclusion The strategy uses Bollinger Bands and Renko charts to identify breakout retracement entries, yielding two winning trades in the demonstration. ## Transcript welcome! Today I'm bringing you an OTC strategy on IQ Option, and this strategy is very powerful and will give you many wins. Think of an assertive strategy, this is exactly what I'm going to show you, but for that I need you to stay until the end of the video. So let's go! That's it, I said, I'm going to show you a strategy here, obviously, and this strategy is very good. The first thing we have to do is open some currency pairs, okay? Let's open all the ones that are there on IQ Option so we can put our strategy into practice and have several opportunities. This is a great strategy, okay? I'm going to teach you in detail here. Now that we've opened the currency pairs, the first thing we have to do is add an indicator. And for that, we're going to click here in the lower left corner, obviously, and tools and indicators. Here, indicators, we're going to add the Bowier Band, and here, guys, the settings for the bands will be as follows: period, you will put the period. 21 and deviation two, that's what you can apply, guys, and then the chart will create a channel here, and now the second part is to put the chart type on the ranking chart, okay guys, did that, right? We're going to do it on all pairs, change the chart type to Rain Cash and add the Boldbands indicator in the 20-21 period. Deviation two, I'm going to do this on all pairs, okay guys? Quickly, and then we're going to find an opportunity and make the entry. I'm anxious to make the entry, and the trigger we're going to use, guys, is a very simple trigger, so follow this, right? When we add an indicator inside the chart here, for example, GBPSD, we are adding a channel, and this channel here has a tendency to be broken, it's common, okay guys? So after it breaks, it returns inside the channel with a sequence, we use this sequence to make our entry, so guys, for example here, right? It surpassed our channel, it broke a sequence of red candles, and when confirmation candle that we needed. And then... Okay, so we were going to make an entry for the guys, but I'm going to explain it practically, so stay with me until the end because I'm still going to make two entries, the first for $100 and the second a put option. I'm excited to make the entry with you guys here. And and if it finishes red, we're going to buy it. Okay, right? We're not going to buy, sorry, we're going to sell. And that's exactly what we did, guys. We made a put option here for $100, and I'm excited to show you the result and what happened for us to make this entry. The trigger we were looking for was when our rate broke through the bubble bands, and that's exactly what happened here. The Burger bands broke, and when it returned to the channel, it returned with a red candle. So we went there and made a punch entry, guys, and I'm excited to show you the result. So, until the end of the video because we're still going to make another entry. Okay, now... With only 13 seconds left in the operation, anxious to show the result, it has to finish below the rate, okay? And let's observe that together, right? I think it's going to be good, guys, I think it's going to be good, look, three, two, one, sensational first entry made, and now we're going to the next one, so now we're going to the next one, so stay tuned until the end of the video, okay? guys, because this candle here closed green, right? And now for the next one, we make a call, okay? I was here, right, browsing over the currency pairs here, and this opportunity appeared, okay guys, we took it, and it's going to finish here, we have to hope it finishes above the rate now, and guys, I'll say that the trigger, right, to take it, look, it touched, okay, outside our bodybuilder bands. This was our channel, and it returned with a took a little while to catch, it ended up catching for the next candle here, but it's okay guys, because this trigger here happens when a sequence of candles comes, so when the first one appears, it's the confirmation that it's going to come. Okay, so we're going in, guys, we're making the entry. This is the 30 seconds left to finish the operation, let's hope we finish above the rate because this is our operation, okay guys? It's not fixed here, right? Two entries of $100. Okay, so let's wait and finalize the entry because apparently it's going to be good, right? Look here, sensational! And there you have it, guys. This is what I want to show you: quality entries, and that's exactly what we bring here on the channel from Monday to Wednesday and Friday. So subscribe now because we've given another one here, look how sensational, right guys? Look how sensational! It would be even more sensational quota, which is still much better, broker, if you don't already first link is in the description. And now guys, I based this strategy here on the American strategy, and I talk much more about this strategy. I also want to thank you for watching until here, and comment what you thought, right? Comment there, then! We're in this together, there are other videos playing for you to watch, that's it, and have a great week!