The Bitcoin continues to set historical highs. Financial experts say that $ 57K per BTC is not the limit and the growth will continue. It's time to think about how to make money on binary option cryptocurrencies.
All sites and courses on how to learn to trade binary options correctly with basic technical analysis indicators such as Moving Average. The trader needs to know the basics and put them into practice. Don't get too caught up in the "classic" - using the Trading View charts in the vfxAlert program, you will find many additional trading signals in real time.
Let's consider three strategies as an example of trading non-standard technical indicators from the TradingView platform.
Timeframe: Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal an increasing.
Trading asset: Any currency pairs. The main requirement is a fixed (2-3 points) spread and no hidden fees.
Trading time: All Forex trading sessions.
Percentage premium option: Not less than 70-75%.
All indicators with basic settings!
№1. No flat - just a trend!
Trading with the trend is the most profitable option on any asset. The main problem is to determine the moment of the beginning, and more importantly, its end. Additionally, you can trade «Stays Between/Goes Outside» range options during flat periods.
We determine the trend by the intersection of the MA Cross lines; the binary options trading signals of transition to flat will be the “striped” sections of the Chop Zone.
Binary options signals:
- CALL- option. The price above the Moving Average or “fast” MA crosses the “slow” one from the bottom up. Chop Zone is blue, confirms the uptrend.
- PUT- option. Opposite conditions: the price below two MA or "fast" crosses the "slow" from top to bottom. The Chop Zone is red on the last three bars of the histogram.
№2. Tick Volume + Momentum.
The market is always moved only by volumes, you need to look at their dynamics in any strategy for binary option. The VWMA indicator is a good combination of "Trending Moving Average + Tick Volumes". When volumes increase, VWMA reacts faster to price changes, slower when volumes decrease, it is better to stay out of the market.
The SMI Ergodic Indicator, in addition to determining overbought/oversold conditions using the Stochastic algorithm, takes into account the “Speed” of the trend or “Momentum”. This allows for better false signal filtering and VWMA delay compensation.