The brothers Giancarlo and Roberto Griscenko, former hosts of the Italian site forzaforex.it share their experiences with English-speaking traders on FreeBianryOptions.one, with strategies, indicators and numerous valuable guides
The correlation between currency pairs is a very interesting topic for investors in the currency market.
Correlation between currency pairs indicates how similarly two currency pairs move in the market.
There are different types of correlation, such as positive, negative and neutral correlation .
For example, the EUR/USD and GBP/USD currency pairs are often positively correlated, meaning they tend to move in the market in a similar way.
On the other hand, the EUR/USD currency pair and the USD/CHF pair are often negatively correlated, which means that when one pair goes up, the other tends to go down.
Pairs generally moving in the same direction
EUR/USD and GBP/USD.
EUR/USD and AUD/USD.
EUR/USD and NZD/USD.
USD/CHF and USD/JPY.
AUD/USD and NZD/USD.
Pairs that generally move in opposite directions
EUR/USD and USD/CHF.
GBP/USD and USD/JPY.
USD/CAD and AUD/USD.
USD/JPY and AUD/USD.
GBP/USD and USD/CHF.
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Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
If you use an automatic system (such as MT2 autotrading for example) you need a VPS (Virtual Private Server) so your autotrading will always be active, even when the computer is off
Metatrader and autotrading software always working with VPS
Choose the service
First you need to choose a service and subscribe. The supplier will issue you the connection data to be reported during the installation.
Best VPS Hosting Providers (Really Free):
Amazon Web Services (AWS) Hosting
VPSHosti
Alavps.
InstaFree.
The mstsc.exe program
This program is already on your computer you can find it with the search function, it is part of the functions already available on your Windows. You have to start it and once installed it will ask you for the data to connect to the remote desktop , the ones provided by the VPS service. In the “Computer:” box enter the IP address and in the “Username:” box the name (data provided by the VPS service):
Wait a few moments for the connection to take place:
After a few moments your desktop will appear, exactly like a virtual computer, on which you can install the MT4 and the autotrading software:
Your virtual desktop at work
When you close the remote desktop the VPS (possibly with autotrading) will always remain active:
When you want to reconnect, just click on the icon that is always present on your desktop:
Now your autotrading robot will always be running, and if you have finished your work session, you can turn off your computer, knowing that the VPS will work on your behalf.
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
Get ready to take your trades to the next level with AI! Our ultimate binary options guide will show you how to boost your profits and have some fun while doing it. Let’s get started!
Are you struggling to make a profit in the binary options market? Do you feel like your current trading strategy is not measuring up? Fear not, because artificial intelligence (AI) is here to revolutionize your trades and boost your profits! In this ultimate binary options guide, we will explore how AI can help you dominate the market and provide tips from the pros for a successful trading strategy. Get ready to unleash the power of AI and take your trades to the next level!
Unleash the Power of AI and Dominate the Binary Options Market!
AI has the ability to analyze vast amounts of data and make accurate predictions, which makes it a valuable tool for binary options traders. One way AI can help is by recognizing patterns in the market that human traders may not be able to detect. With these insights, AI can recommend trades that have a higher probability of success.
Another advantage of using AI in binary options trading is that it can analyze news and economic data in real-time. This means that it can quickly adjust to any changes in the market, providing traders with up-to-date information and reducing the risk of loss.
However, it’s important to note that AI should not be the sole decision-maker in your trading strategy. It’s important to combine AI insights with your own knowledge and experience to make informed decisions.
Revolutionize Your Trading Strategy with Tips from the Pros!
Now that you understand the power of AI in binary options trading, it’s time to learn from the pros. First, make sure you have a solid understanding of the market and the assets you’re trading. This includes knowing the current trends, the economic climate, and any potential risks.
Next, it’s important to have a clear trading plan and stick to it. This includes setting realistic goals, managing risk, and having an exit strategy in place. It’s also important to be patient, as success in binary options trading takes time and effort.
Finally, never stop learning and adapting your strategy. The market is constantly changing, and what worked yesterday may not work today. Keep up with industry news and trends, and be open to trying new techniques and tools.
In conclusion, AI has the potential to revolutionize your binary options trading strategy and boost your profits. By combining the power of AI with proven tips from the pros, you can take your trades to the next level. Remember to always approach trading with caution and a clear plan, and always be willing to adapt to the changing market. With these tools and strategies in your arsenal, you’ll be on your way to dominating the binary options market!
_____________________________
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
For autotrading systems like MT2 or manuals referring to Metatrader.
The non-repaint indicator that we offer was created by forzaforex.it for the need for automatic trading with arrows, but it can also be installed on Metatrader 4 for manual use.
It is called the “ Alert Arrows Non Repaint ” Indicator. Being equipped with arrow alerts it is possible to test it in automatic programs such as MT2 . It is one of the best indicators tested and currently in use on our MT2.
A NON REPAINT indicator, which does not change its past appearance, free to download.
A “non-repaint” indicator is what more experienced traders are looking for. Unfortunately the indicators are almost all “repaint” and most aspiring traders do not know what the term means. And when they find out, the damage is often already done!
The term “repaint” refers to the characteristics of the indicator, which changes its past appearance by “adapting” to changes in the graph, thus giving information on its performance that is no longer verifiable. In practice, a new “coat of paint” is given to appear more valid.
The trader thus finds himself in the position of not being able to evaluate the quality of his indicator by observing the graphs of the past.
The indicator works! But unfortunately it is a “repaint”.
How many times have you been thrilled to discover the validity of your indicator’s performance in the charts past?
Proposing to traders this type of indicators from sites that sell indicators and strategies by making money on them is not difficult, as these indicators will only ever show you their best entries that have occurred in the past. These are the indicators called precisely with the English term of “repaint”
But will these instruments still give you perfect input signals in the future? The answer is no. There is no indicator that gives you perfect input signals every time.
Not even the “not repaint” indicator, but at least it gives you the ability to see how it has performed in the past and evaluate its effectiveness or not. In this way you will be able to “take note” of any past errors.
Example of a classic “repaint” indicator
ZIG ZAG repaint indicator
Most of the indicators that you will find on the net, free or paid, are repaint.
An example can be the Zig Zag indicator that you also find by default on metatrader.
Zig Zag follows the development of prices and connects highs and lows, giving an overview of market fluctuations.
It would seem a useful indicator at first glance, unfortunately it self-regulates (it “repaints” in practice) depending on where the new candles form, not allowing the reversal point to be established.
However, it is useful to have an overview of the overall market trend.
Non Repaint indicator for metatrader 4. Put Entry Signal (red arrow). Entry at the opening of the green candle.
How to use the non repaint indicator
The “Alert Non Repaint” indicator does not repaint, but it is possible that after its appearance, during the formation of the candle it may disappear and reappear .
In any case, by not doing the repaint, the indicator does not change its appearance after the candle closes , so it is best to wait for the next candle to open before considering entering the trade.
Types of Assets
The indicator can be used on major currency pairs and gives a good percentage of profit signals.
Time Frame
Even the time frames can be chosen. In any case, those from M15 and up are recommended.
Entrance
After the opening of the next candle
Alert
If you are not using the MT2 Autotrading robot it can be tedious to wait for the entry signal arrow to appear. In this case it is useful to leave the buzzer on.
If you only have PayPal, request payment to info@forzaforex.com
_____________________________
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
The idea of the Martingale strategy is to counteract the losses caused by lost trades. In standard Martingale, if you lose a trade, you re-enter with a greater trade amount, so that over time, a winning trade will compensate all the previous losses. This new trade amount is equivalent to the amount of the lost trade multiplied by a Martingale coefficient. It should be noted that Martingale strategy can be risky, so you will have to be very careful when setting it up.
Configuration from the MetaTrader Auto Connector and Manual Connector
The Martingale section is composed of three parameters By default, the martingale strategy is turned off.
A. Martingale
It’s time to choose which type of Martingale you are going to use. If you open the menu where by default “No Martingale” is selected, you’ll get seven different Martingale options to choose.
First of all, you must distinguish two different strategy types: Martingale and Anti-Martingale.
Martingale: This is the standard Martingale strategy. It applies to lost trades. Once you lose an operation, a new trade will be opened with a greater trade amount (equivalent to the lost trade amount multiplied by a martingale coefficient)
Anti-Martingale: Unlike the standard Martingale, the strategy applies to the won trades. If you win an operation, a new trade will be opened with a greater trade amount.
NOTE: It is suggested that for Anti-Martingale, the coefficient is less than one. Otherwise, you would lose what you’ve gained.
Once you have decided the Martingale strategy to use, it’s time to decide when to apply it.
There are two possible options:
“On next expiry”: Martingale will be applied immediately after the current trade closes on the same currency pair.
“On next signal”: Martingale will be applied on the next signal. You can either choose to apply it on the same currency pair or any.
If you choose to execute Martingale “On next signal”, you will find that there are two possible options:
“On next signal (Connector)”: Martingale will only be applied on the next signal of the same currency pair.
For example: If you lose a USDCHF trade and our Martingale is configured on ‘Connector’, it will be applied only when a USDCHF signal comes.
“On next signal (Terminal)”: If you choose this option, Martingale will be applied on the next signal of any of the pairs configured on ‘Terminal’.
For example: Suppose you’ve configured USDCHF, EURUSD & AUDUSD pairs on ‘Terminal’, and lose a trade in one of these pairs. Martingale will be applied on the next received signal from any of the pairs configured on ‘Terminal’ (in this example USDCHF, EURUSD & AUDUSD). If you lose a EURUSD trade, the Martingale step can be executed only in USDCHF, EURUSD or AUDUSD.
B. Martingale steps
This parameter defines the number of Martingale steps. If you lose a trade, the first Martingale step will be applied. It will multiply the previous trade amount by the chosen coefficient. In case you lose the first Martingale step, the second step will be applied. If you keep losing, it will keep applying the Martingale strategy until reaching the maximum number of steps you’ve set. If the last step is reached and the trade is lost, the Martingale step counter will reset to zero.
You can use as many steps as you wish, but remember that the greater the number of steps, the greater the risk.
C. Martingale coefficient
This is the number that will multiply your trade amount on each Martingale step. For each new Martingale step executed, a new trade amount will be calculated (previous step trade amount multiplied by the chosen coefficient)
In the example above, if the trade with an amount of $2 USD results in loss and your Martingale coefficient is 2, it will multiply $2 USD x 2 and the next step of Martingale will be $4 USD.
Override signal provider’s Martingale Strategy
What can I do if my Copytrading provider’s Martingale strategy does not convince me? Just override your providers settings and configure your own
This window will be automatically opened when you send a subscription request to a signal provider.
Once in this window, just follow these steps:
Check “Override provider’s Martingale settings”.
Define and set the number of Martingale steps.
Set the Martingale coefficient.
In case you want to deactivate the provider’s Martingale, check the “No Martingale” option.
Fixed Martingale for MetaTrader signals
From the “Configuration” section of MT2 you’ll be able to customize the amount of each Martingale step, without having to use always the same coefficient.
Inside the ‘Configuration’ section we are allowed to set different Martingale coefficients for each step.
Check the ‘Amount’ parameter, where we will adjust the trade amount without Martingale.
The ‘Fixed Martingale’ option will be automatically activated. Set the fixed amount of each of the 7 steps of Martingale to personal need.
_____________________________
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
Register with a broker, whose login data should be entered later in the MT2 login screen
Diwnload ed install Metatrader. The broker will send you via email the data to activate the connection with Metatrader (they are different from the broker login data).
Note: In the compressed folder of the free MT2 download you will also find the Alpari Metatrader 4 or 5 installation file, which we recommend as it is immediate and easy to install. (suggested MT4 because there is more choice of indicators)
MT4 di Alpari FixContracts
Note: In the compressed folder of the free download you will also find the Alpari Metatrader installation file, which we recommend as it is immediate and easy to install
Alpari and GCOption (Grand Capital) have the Metatrader for download on their site.Recommended Metatrader4 because it accepts more choice of indicators.
Automate your trading
Set up a trading robot to auto-trade for you
1. Automate your MetaTrader 4/5 arrow indicator signals
Connecting your MetaTrader 4/5 technical indicators with your favorite broker in order to automate technical indicators signals or to trade manually directly on graphics.
The auto-signals connector acts as a bridge between MetaTrader 4/5 and MT2 Trading Platform.
It will send your MetaTrader indicator/s signals to the trading robot, which will automatically open the trades in your broker/s account/s.
There are currently two versions of the signal connector.
In our update 12.3 we launched our new connector, with an improved interface and simpler configuration. Due to the requests of some users, the old version is also available for everyone to use. In this documentation we will explain in full detail how to configure and use both connectors.
To successfully load the MT2 Trading files on MetaTrader, you must copy and paste or drag both the indicators and the libraries that include the MT2Trading folder.
Copy the connector file ‘MT2Trading_Auto.ex4 /ex5’.
Paste the file into MetaTrader folders. To do this go to: ‘File > Open Data Folder > MQL4/MQL5 > Indicators’.
Secondly, you must do the same with the Libraries files.
Localize the library file “mt2trading_library.ex4/ex5” inside the folder: “MT2Trading -MetaTrader > MT4/MT5 > MQL4 / MQL5 > Libraries”.
Copy the library file“mt2trading_library.ex4/ex5″”.
Paste on MetaTrader, to do so go to: “File > Open Data Folder > MQL4 / MQL5 > Libraries”.
How to open it on MetaTrader?
Once you have the connector file inside your MetaTrader folders, proceed to open it on a chart.
Open a new chart and choose your desired timeframe.
Open the browser: Pressing CTRL + N.
Drag your signals indicator/template to the chart (in case you don’t have an indicator, we include inside the MT2 download files the “BinaryProfit” indicator as a courtesy.”
Drag the connector file “MT2Trading_Auto” to the chart.
Drag the indicatorsOnce you have dragged your indicator and connector into the graph successfully, you’ll find the connector configuration window, which looks like this:
Customizable parameters
1. Indicator name
The name of the indicator is used to identify where the signals that will be placed in your account come from and to show their names on the trades table on MT2 Trading platform. The statistics and the historical data are also based and ordered according to the names of the signals you trade with.
Once you drag the connector to your chart with an indicator, you just have to click on the little arrow on the side and all the indicators on your charts will appear there.
Choose your indicatorIn this case we will use the indicator “BinaryProfit” as an example. Remember that you can use any indicator you want (only one)
As you can see, the signals will be displayed on the trades table with the same name as your MetaTrader indicator.
2. Up # (signal buffer)
Every MetaTrader indicator that generates signals in the form of arrows, points or other graphic signs, transmits the signal data in the so-called indicator buffers.
Once the connector identifies the signal indicator, it will automatically read the arrows or points of it and give you the option of configuring the buffers for the robot to place CALL or PUT trades for you.
In the “Up” buffer you must select which graphic resource is the one that will indicate to the robot to open a CALL trade in your account.
In this example, you can see how we selected the green arrow upwards for the robot to identify as CALL operations.
3. Down # (signal buffer)
Contraty to the UP buffer, the “Down” buffer will be responsible for identifying the signal from your indicator on your graph and open PUT trades for you in your account.
In this example, you can see how we selected the red arrow down for the robot to identify as PUT operations.
4. Entry Type
Once you have configured the signal buffers, you can choose between two types of entries: OnNewBar or Intrabar.
On the new bar entry, the trade will be carried out at the end of the candle in which the robot received the signal (that is, at the opening of the new bar).
On the intrabar entry, the trade must be opened immediately when the signal appears.
Most reverse indicators generate signals to enter on the new bar, while trend indicators commonly generate signals for the intrabar entry.
5. Trading Amount
This parameter allows you to set the amount of money invested on each trade.
In the example, we can see that the amount is “1.0” which means that each trade that the robot opens will be of $1 USD.
If you wanted to change the amount of each operation, you should just modify this parameter.
For example: For $5 USD, you should write “5.0”. For $ 10 USD you should write “10.0”, and so on…
6. Expiry Time
This parameter will alow you to set the temporality of your trades.
In the example, the expiration is set to “5”.
This means that every operation the robot opens will automatically close 5 minutes after.
If you would like major or minor temporalities, just modify this number.
7. Martingale
By default the Martingale strategy is disabled.
To activate it open the menu where it says “No Martingale” and choose your preferred option.
If you would like to learn all about Martingale Strategy, click here
8. Broker
Finally, you must decide in which broker/s you want your trading robot to be placing trades for you.
By default, “All” is selected, meaning all the trades will be placed in all the brokers (as long as it has accounts of those brokers opened in MT2 Trading).
To modify this parameter and choose your broker you should follow the next steps:
Within MetaTrader, go to the top-right menu and click ““Charts > Indicators List > MT2trading_auto”> Edit”.
Click on “Inputs > Select broker > click on the small arrow facing down on the right”
Select your preferred brokers and click “OK”
Select your preferred brokerIf you’ve connected your indicator correctly, you should see a window like this on your charts
To temporarily stop the connector, you just can click on the “Pause” button and your robot will stop trading.
To have it up and trading again, you just need to click on the “Start” button again and your robot will continue trading.
2. Trade manually on your MetaTrader 4/5 live market charts
Place trades manually on your MetaTrader 4/5 trading charts by clicking on ‘Call’ and ‘Put’ buttons.
Create a bridge between your favorite broker and your MetaTrader 4/5 platform in order to automate technical indicators signals or to trade manually directly on graphics.
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
The best deadline of the trade: which one do we choose with binary options?
The best expiry in binary options. The trader who fails to predict the direction of prices at expiration risks losing the invested capital .
Premise
The best expiry in binary options
Let’s say right away that there is no precise best expiry for binary options.
This can only be indicative , and the rule applies to any strategy where the deadline is not clearly specified.
Despite this, let’s see how to identify an acceptable deadline for our entry into the trade.
It is useless to have a valid strategy if the operation is then lost on the basis of a wrong choice of expiration.
The Best Deadline and the Time Frame are linked together.
The Time Frame indicates the duration of a candlestick in the price trend chart. M1 one-minute candles, M15 15-minute candles, etc.
The graphs look different depending on the time frame and an initial indication of expiry can be established based on the aspect of the graph .
Operating on M1 , for example, we certainly cannot choose a one-hour expiry, given the unpredictability of price trends in the short term.
Rule 1. Choice of time frame
The best expiration depends on the type of time frame, usually 5-6 times the time frame , i.e. a development of 5-6 candles.
This is an assessment that is based on experience and is valid for most cases where a precise deadline is not specified.
With M1 the best deadline will be around 5 minutes.
M5 about 30 minutes.
M15 about 1 hour – 1 hour and a half.
etc..
It can be seen that using high time frames the expiration distances itself over time.
Some traders prefer to be able to make several daily , or even hourly (scalping) entries; for this reason, sometimes low TFs are often used, from 1 to 15 minutes, even if it is known that higher time frames give greater guarantees.
However, larger time frames must be kept in mind. Not for deadlines (if we are operating on low times) but for checking the trend and the entry signal.
In fact, strategies often also refer to the observation of higher time frames.
Rule 2. Evaluation of swings
Another approach is based on the distance between a maximum and a minimum , i.e. between an upper and lower peak of a swing (oscillation). The consideration to be made is this:
Observing a graph, you always notice price fluctuations .
What seems like a continuous push in a certain direction then turns into a reverse process.
Since a strategy is often based on technical considerations which foresee a change of direction at a certain moment , we should know how long this reversal will last, and we cannot know it precisely.
So we need to take a cue from what has happened during the most recent price movements .
Expiration based on fluctuations
Are we able to estimate how long the price swings last on average?
We measure the time between a maximum and a contiguous minimum , or between a minimum and a maximum, identifying the main and most significant ones. This is basically equivalent to counting candles.
Is there a range of around 10 candles on M5?
Then the expiry will be around 45-50 minutes (10 candles x 5 minutes = 50 minutes), or as close as the broker allows.
On M1 a range of 15 candles?
Then the deadline is 15 minutes (but never less than 5 minutes).
On M30 a range of 6 candles? Expiration 180 minutes 3 hours, if provided by the broker, or the closest.
As can be seen from the graphs there is sometimes a foreseeable short-term fluctuation .
Assuming to enter a maximum or a minimum, the duration of the fluctuations gives an approximate but sufficient indication to make an expiry decision.
The expiration in binary options therefore depends on the time frame and the duration of the recent price swings.
In the event that it is not possible to determine a more or less repetitive swing, it is necessary to refer to Rule 1.
It should also be noted that this visual system can also be used to enter a trade , however the moment of purchase of an option depends on the signal given to us by our strategy, the moment of the entry signal which often does not correspond to the peaks of the oscillations.
In this case the evaluation must be made at the moment of the signal.
Conclusion
Ultimately, the elements to be evaluated for the correct deadline are:
The Time Frame
Rule 2 (or as a second option Rule 1.)
The entry signal of the strategy
As a suggestion for the evaluation of the best expiry, the Zig-Zag indicator already present among those supplied on metatrader can be of help.
It can be seen from the image above (Eur/Usd M5), where we have inserted the Zig-Zag indicator, the fluctuations repeat cyclically giving us the possibility to choose, even if with a certain approximation, the best expiry for our trade on binary options.
Of course the appearance of the Zig Zag will depend on the settings. The trader will keep the default one or choose on the basis of a visualization of sufficient clarity of highs and lows.
_____________________________
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
(If you prefer a video tutorial scroll to the end of the post)
A VPN or Virtual Private Network creates a private network connection between devices on the Internet.
VPNs are used to transmit data over public networks anonymously and securely . You can use the VPN network when you have difficulty connecting to a broker from Italy.
We show below the simple procedure, using the Opera search engine ( https://www.opera.com/it/download ), as it is free . It also has interesting features such as blocking ads.
We activate the VPN
The VPN connection is not active by default. We have to activate it.
Let’s try as an example to access the Quotex broker .
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
Note: We remind you that the PDF attached to the strategy is available at the end of the page and can be downloaded free of charge. The already set indicators are logically attached in the full version.
Attention: If you already use one of our brokers for real, contact us by providing your ID to immediately obtain the complete download (info@forzaforex.it).
Introduction
We have been asked many times what kind of strategy would be suitable for those who are new to trading .
We have therefore developed a trading system that is simply based on only two indicators, but highly effective, chosen and tested for a long time. The trader just has to follow the instructions in this manual and open the position after the conditions are met.
This strategy was created thinking of those who do not yet have sufficient knowledge of technical analysis, but nevertheless want to try their hand at binary options, perhaps starting from a simple demo, to see “what happens”.
As always, we recommend that you delve into the main topics that the trader should know, such as money management, trendlines, supports and resistances, etc. However, to get started, it is sufficient to have a minimum of familiarity with the free Metatrader (MT4) platform to use as a reference, where two simple indicators and the template will be installed, i.e. the 3 files attached to the system (in the full download version ) .
Note: We remind you that the PDF attached to the strategy is already available and can be downloaded free of charge, always at the end of the page. The indicators are logically attached in the full version, but it is possible to look for alternatives on the net.
The strategy provides for short deadlines , of around 20-30 minutes, in any case the one closest to these values that the broker makes available to us.
The system is valid for any currency pair and at any time (pay attention to the news ).
Prepare the graph
First you need to have the Metatrader 4 platform available; if you don’t have it, you can find the free download link here (the link takes you to the Alpari broker, which in addition to the metatrader to download for free also allows binary options trading directly from the chart).
Once MT4 is activated, you need to install the two indicators and the template; if you don’t remember how to do it read here. The chart will look something like this (here we are on GBP/USD M1):
The areas in blue are those of the “Fishing Area” and below the “Fisherman_by_FF” indicator.
Entry signal
We need to choose a currency pair that is close to the blue zone. To this end, we prepare the chart on the M1 time frame, to better observe the movement of the candles. However, it will be M5 that will give us the actual entry signal .
In the image above you can see that the GBP/USD is approaching the lower zone.
The input signal will be obtained when the following three conditions occur simultaneously:
1. The M1 candle closes inside the blue “Fisher Area”, or goes beyond it. 2. The color of the Fisherman indicator on M5 changes color. Example, still in the image above, red to green 3. The color of the Fisherman indicator on M1 has the same color as M5. Example, in the case of the image above, from red to green.
Fisher Area Indicator
It is the indicator that shows the blue zones. The operation of the indicator is simple.
To have an entry signal, the candle must be closed inside the blue area, or above, having therefore exceeded it.
Since these are reversal zones , the upper area will give a Put entry signal, the lower one a Call entry.
Note that the areas change every hour, and therefore it is advisable to manually reset the graph when the hour expires. It is sufficient to switch for example from M1 to M5, or vice versa.
Practical examples of trading
Example 1
We are on M5, around 11:30 and the candles are in the blue area, so we await the signal of the lower colored indicator.
We know that the blue areas change every hour, so the next 12:00.
If the signal arrives after 12:00 we will consider it valid even if the blue zones have changed.
Put, if M1 is also red
After 12:00 the zones modified themselves, the candles are now no longer in the blue area, but we will not take this into account, as the zone has previously given us confirmation of possible entry.
When the color of the lower fisherman indicator on M5 changes, we open the PUT operation, as shown in the figure, provided that the color is still red on M1 as well.
The entry, which took place at about 12:10, concluded ITM (in the money), as can be seen from the trend of the graph in this image above.
Example 2.
Verified that both M5 and M1 both have the red color (otherwise green, lower area) of the Fisherman indicator, you enter at the close of the M5 candle:
In practice, the appearance of a first colored segment on M5 is not enough, but it is necessary to wait for the appearance of a second one.
Example 3.
In the figure we see that the candles on M5 have reached the upper blue area, but the lower indicator has not yet given the confirmation with the color change. Let’s wait.
Over time, a first red segment appears (figure below). That’s not enough, we have to wait for a later one:
Just one segment. Wait for the second
Finally the input signal arrives:
M5 OK. Check M1
However, we must make sure that on M1 the color is also red:
The color corresponds to M5. PUT Entry
The color matches, and therefore we proceed with the purchase of the Put option, with an expiry of about 25 minutes (in this practical example.
The operation ends ITM, as seen in the following image:
Important notes.
These tips are based on our trading experience with the fisherman system, which we use frequently and test in practice.
1. The color change usually happens first on m1, but we need to follow up when the change happens on m5.
Always make sure, for input signal confirmation on M5, that the indicator on M1 is still the same color , thus confirming the correctness of the indicator signal.
Otherwise, wait for correspondence.
2. We must wait for the closing of the M5 candle corresponding to the color change. Otherwise the candle, being still forming, could change the color of the indicator again.
In practice we wait for the appearance of a second colored segment on M5.
Indicators setting
If you have installed the attached template, you don’t need to make any settings and you can skip this paragraph. In case it helps you, the adjustments we apply for the FisherArea indicator can be found in the PDF version
Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
Swing Trading: The useful strategy for beginners and experts
You will know that brokers offer trading strategies from time to time through their newsletters.
Of course brokers are always biased, but often their information can be used to our advantage by stripping it of superfluous bits.
This time we talk about ” Swing Trading “, a technique useful for beginners but also for experienced traders.
What is Swing Trading? With this technique the trader tries to capture the market swings as the price of the asset fluctuates over short, intermediate or long-term time intervals. Compared to “Day Trading”, in swing trading operations can be opened and closed within a limited period of time.
High and low swings
To anticipate swings, the trader often uses technical analysis. Analyzing price charts and patterns can help you identify early signs of potential swings and catch the optimal time to enter a trade.
You can use a variety of different tools for technical analysis.
Here are some basic technical analysis tools you can consider for your swing trading approach.
The Moving Average (MA): A popular tool for identifying trend direction.
The patterns of the candles : the combinations of the candles form an upward or downward pattern.
The convergence divergence of oscillatory indicators, such as Stochastics, MACD, RSI. A powerful indicator for spotting emerging trends.
Fibonacci retracements : horizontal lines used to determine support and resistance levels.
A candlestick chart with the application of the Fibonacci indicator
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Questions about trading? Try AI, Artificial Intelligence
(Robot bottom right)
Below you can see the brokers most used by our traders. they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.
Visit our Italian website ForzaForex.it (translator option in many languages) full of free indicators, strategies and unique resources!
By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.
Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.g. IQ Option (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):
Hi! I'm AI, Trading Artificial Intelligence ✌️ I'm still learning about this new job, but I hope I can help you!
