arrows and curves binary options strategy

Pointer indicators for binary options are the tools for "the lazy". In the Forex charts they indicate with arrows the potential points of the commercialize entering.

Pointer indicators for binary options are the tools for "the lazy". In the Forex charts they indicate with arrows the potential points of the market entering. K people of colour means the chance to open a long put back, red colour — a inadequate one. A trader's undertaking is to be about the end and when the signal appears settle whether to follow it or not.

Advantages of Forex pointer trend indicators:

Arrow Indicators are combined indicators being supported on several tools. They are usually based connected classical basic indicators so much as ÐœÐ, RSI, MACD, Bollinger bands, stochastic etc. A monger doesn't need to put Forex charts several lines and conform each index separately. Arrow Indicators are already conveniently combined and possess simplified settings.
They are visually convenient and reduce a trader's scientific discipline and center strain.

Disadvantages of Forex pointer trend indicators:

Slippages and re-paintings. The indicators can hardly be implemented in scalping strategies. Problems with quotations supply, price noise, indicators lag; all these factors can cause an indicator to repaint signals and as a result, an opened locating volition be loss-making.
The indicators are amended to be used in medium and long-term trading in H1 fourth dimension frames.
The first harmonic factors need to be determined when applying the indicators.

How to take a good Forex arrow tendency indicator.

It is amend to choose the index accordant to a particular strategy. There are no mobile arrow indicators. Matchless gives more precise signals in flat trading, another — in trend trading and the new one -in long trading.
You should test it on demo account in at least 100 transactions (the phone number depends on the signal appearance absolute frequency). And the efficiency shouldn't follow to a lesser degree 70% of successful signals.
The indicator should feature an open-source software for a trader to realize its working rule and make any corrections if necessary.

Further I will g ive as an object lesson two arrow indicators strategies which can be used even by tyro traders. You can also download the indicators for MT4 following the golf links (or find them on your own on the Internet). To install the template, you need to go out to File menu, choose the section Information catalogue and go under the template to the 'Templates" folder, move the indicators to "MQL4" — "Indicators" pamphlet.

Trading strategies of Forex pointer tendency indicators.

1. Sidus

Combined indicator Sidus 2v indicates the points of entering aside arrows; the red one is for deal position, the green one is for buy. The indicator is settled along two popular tools, classical RSI and EMA (exponential oncoming average). Sidus gives buy signals when fast EMA is supra slow EMA, RSI is in a higher place the level 50. An vise versa, curt positioning should be opened when RSI is under 50 and fast moving is below slow one.

Do not trade using this scheme at the moment of news release, choose the time frame not less than H1, H4 is ameliorate, apply the strategy to EUR/USD currency geminate. Best indicator settings are: fast EMA period -14, tedious EMA period -21, RSI period — 14. The templet can be downloaded here.

Opening long situatio:

When Sidus paints a green arrow we open long position on the next candle holder.
We set intercept passing fixed at 20 points.
When net income reaches 15 points we move stop loss to the transaction opening betoken (breakeven) and close 50 % of the transaction. The remaining position should be insured by trailing stop at the distance of 15 points.

To use tracking stop you necessitate to have VPS-waiter, As when the connection is lost the trailing kibosh doesn't work.

Trade stead is opened under the same conditions, when a red arrow appears.

2. Dot entering.

Forex arrow trend indicator Dots signals a eminent position to a trader not by arrows but by dots, but the essence is the selfsame. Signals are formed along the counterfeit of monetary value dynamic cosinus. The tools advantage is extensive use; time underframe from M15 (conditions flexible enough for strategies with different time frames), currentness pairs are wholly explosive pairs (from euro and dollar to Swiss franc).

Dots parameters:

Length (indicator range) — 10;
AppliedPrice (the price type for using in calculations) — 0;
Filter — 0;
Deviation (vertical shift of the indicator) — 0;
Switch (swimming careen of the indicant) — 0.

In different market conditions the index's parameters fire be changed providing that it has been tested on demo or cent account before. The template can be downloaded here.

Opening long position:

The index paints a green dot which is above the rising candlestick's minimum value. The distance between the negligible and the dot is estimated visually (the less the better). Open the placement on the next candlestick.
Stop personnel casualty is set either at the minimum appreciate of the previous candle or at the level of green signal (up to 10 points).
Correct trailing stop at the distance of 5 points and forget the market at it.

Deal transaction is opened in the same way, but under the opposition conditions; the index number paints a Marxist dot above the decreasing candlestick's uttermost.

If in the Forex chart the space betwixt the candle holder's maximum and the red DoT visually seems too long in comparison to the previous periods, I don't recommend to open the position. For instance, in the previous examples the distance was of about 2 points, but in the picture below the distance is of well-nig 20 points.

The advantage of this indicator is that combined butt improved many strategies in the markets with several excitableness. But if the volatility is not a market's feature or has a primal reason, the position give notice't be opened. The indicator is versatile and proves to be 70% effective (that is, the number of closed at stop loss transactions is inconsiderable).

Download templates and indicators, test them and verbalize your opinion in comments.

This article was originally published at https://www.liteforex.com/blog/for-beginners/strategy/