vfxAlert signals in browser Chrome
- VFX Blog
- For beginners
Binary options signals software from vfxAlert a wide range of tools for complex market analysis: new indicators "Trends" and "Speedometer", economic calendar, TradingView charts. But, there is an easier how to make money on binary option - install the extension for the Chrome browser.
The vfxAlert extension is installed according to the standard scheme, in the figure there is an instruction on how to do this in the Chrome Web Store:
In the settings, select the broker and the method of displaying the signal panel:
You can start trading without downloading a desktop application; let's use a simple strategy available to beginners.
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.
Any currency pair. The main requirement is a fixed (2-3 points) spread and no hidden fees.
All Forex trading sessions.
Percentage premium option:
Not less than 70-75%.
The strategy uses two standards indicators:
- Bollinger Bands (BB) − the horizontal direction of the BB lines confirms the presence of a flat, the breakdown of the lines will be the binary signal of its end. If the range is wide enough, you can open options to roll back from the borders. This method is recommended only for experienced traders!
The «narrower» the Bollinger Bands price channel, the higher the likelihood of strong movement after flat completion. The opposite situation is necessary for trading on the edge of borders: the corridor must be at least 30-40 points, the options will be unprofitable, even if free binary signals show the right direction;
- Stochastic − the oscillator will assess the current balance between buyers and sellers: the predictor above level 80 − the end of the uptrend (overbought), below 20 − the end of the downtrend (oversold).
After installing the tools, the terminal's working window looks like this:
Binary options signals:
Once again, we remind you that options are opened when the current trend ends with a confirmed price reversal.
- CALL (Up) - option. The price pushes away from the lower border of the Bollinger or breaks its middle line from bottom to top. Stochastic is above zero levels or in the overbought area.
- PUT (Down) - option. Opposite conditions - the price has not overcome the upper limit of the Bollinger or the price breaks the middle from top to bottom. Stochastic also goes down to oversold.
Open a trade on the next candle after binary signals. Time of expiration of options has to be not less than 5-7 minutes even if as a working timeframe it is chosen of minute, as in our video.
Recommendations about use …
- Live trading signals are shown according to your license type. If on the Pro version the extension does not give full information about the signals (Free version), log in to the vfxAlert website. If the problem remains, contact support;
- Even on the minute timeframe, Stochastic rarely goes into the extreme zones and you can miss a lot of good deals. If price and Stochastic start moving in one direction − you can open an option!
- The longer the sideways movement in the market, the higher the probability of a strong trend after its completion. In such cases it is possible to open trades at the first signs of a price reversal and strong binary options trading signals from vfxAlert;
- During the publication of important fundamental news and statistics, we do not open options 30 minutes before the news and 30 minutes after the publication; cautious traders can close current deals. To control the events, we use the economic calendar included in the all popular binary trading platform!