«Trend friend» strategy - how to use vfxAlert 5
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- Strategies
Newbie’s who think about how to make money on binary option often forget that trend trading is the most profitable. Let's look at how to use vfxAlert 5 and the "Trend friend" strategy.
Strategy characteristics
Type: | Trend. |
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 pair. 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%. |
Used indicators
The strategy uses three indicators:
• Exponential Moving Averages (EMA). Trend indicators by which we determine the opening point of the option. The strategy is not intended for trading during flat periods. We trade only if the range is between at least 15-25 points!
• 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 downward (oversold).
• MACD. This indicator works both as a trend and as an oscillator instrument, so it will be the final signal to open an option.
After installing the tools, the terminal's working window looks like this: