Free signals of vfxAlert: quick start and profit
- VFX Blog
- For beginners
When starting to trade options, beginners and even professional Forex traders have a question. Do I trust free binary signals or not? There are many offers on the Internet, how to choose the right one. Can I buy a subscription right away? Let's see how this works in vfxAlert.
To access free signals, just install the vfxAlert program for your operating system and register on the site:
Read more about the signal structure in the section «How it works vfxAlert» and the most important limitations of free binary options signals:
• The "Power" value is shown for only one signal out of four;
• No information from «Heatmaps».
Let's see if a profit can be traded with such restrictions or not? To do this, let's take a simple binary options strategy available even to beginners.
Any in the range M1-D1. The longer the period, the more reliable the signal.
Any currency pair. The main requirement is a fixed (2-3 points) spread and no hidden fees. The most stable results show EUR/USD, GBP/USD, NZD/USD, AUD/USD.
All Forex trading sessions.
Percentage premium option:
Not less than 70-75%.
The strategy uses one technical indicator:
• Simple Moving Average (SMA) − shows the direction of the current or new trend.
After installing the tools, the terminal's working window looks like this:
Binary options signals:
• CALL-option. All three slivers must be directed upwards and arranged sequentially from bottom to top: “long – medium – short”, or SMA (8) −SMA (5) –SMA (3). This is a must to confirm an uptrend.
• PUT-option. Opposite conditions: moving averages turn from top to bottom according to the “fast – medium – slow” scheme (SMA (3) –SMA (5) –SMA (8)) − we enter the market on the second bar after the breakdown.
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.
The conditions for opening options by Moving Average are simple; the problem is only in the confirmation from free binary signals:
• The real signal power is not visible; there is no way to make an accurate confirmation of the strategy.
• The absence of "Heatmaps" does not allow you to find out the reliability of the signal according to statistics, other indicators for a quick assessment of the reliability of the binary signal.
As you can see in the video, you can make money, although it looks more like a lottery. Even though the calculation is carried out according to the same strategies as in the paid versions, which is not done by many even the best binary signals provider. Only not all information is available, the trader has to make decisions only by indicators and intuition.
Everyone decides whether to switch to the paid version of signals or not. But, if you are seriously thinking about how to make money on binary option considers the benefits of a paid subscription:
• The trader visions all signal information. The combination of "signals + exact binary options strategy" will allow time to see the moment when the "real" market begins to change.
• An adaptive algorithm and signals for cryptocurrencies are added, which are also available on weekends when Forex is closed;
• Adding your broker. Trade on your deposit and strategies without leaving vfxAlert.
• Sending signals to the Telegram channel for trading from mobile devices.
• Signal filters and extended statistics make it possible to determine the most profitable assets on the market.
The business model vfxAlert is simple: if customers only receive losses using real binary options signals, the service will not receive the following money for the subscription. We do not depend on a specific broker but only recommend them.