Free Signals For Binary Options
In order to work on binary markets, it is not necessary to waste time on forecasting, market analysis, its own strategy and macroeconomic indicators. Now, there are specialized services that do all the collection of all factors that may affect the price movement, and called as binary options signals.
The signals can be provided for a fee or free of charge, however, regardless of a format, it is advisable to use them only in two cases:
- to check the exit point on the chosen trading strategy (this is especially true for traders who are making their first steps on the binary options market);
- For complete trading, replacing with this service all the existing types of analysis.
After reading the article, you’ll learn what signals are free (just look at popular forms) for binary options, where to find them, and how to apply them on practice.
Six Second Trades
This type of signal is embodied in the eponymous indicator , which is designed to work with minute charts. In the test period, the best results the Six Second Trades shown on the EUR / USD pair, so it is logical that it is the author prefers.
To get started, a trader just needs to perform the following steps:
- download Six Trades and add it to the terminal of MetaTrader;
- choose a broker and get access to the binary graphics;
- wait for the signal in MetaTrader: green dot – time for shopping; red – for sale;
- go to the binary chart and open a position.
The main disadvantage of this tool is that it is packaged in the form of the indicator and is not suitable for live graphs. So its algorithm can only be used by those traders who opt into the currency as an asset.
This is another indicator, which is useful as an alarm system. It works on the same principle as the Six Trades:
- trader download tool;
- waiting for the signal (buy – blue arrow, sale – red);
- conducts a transaction for the purchase / sale option.
The ease of the ZigZagger 2.0 is that the user no need to wait for a signal at the monitor. It is just enough to increase the sound volume and leave your computer running. When the application forms a suitable entry point, the dialog screen will pop up prompted with the sound, showing the instructions for follow-up (buy / sell).
The trader has to agree with the recommendations, and to enter the market (or pass it ) You can download the ZigZagger 2.0 and see its detailed review here.
The Profit Follow
This service is being provided by a Verum Option binary broker . The nature of these signals is that the user can view and copy transactions of the company’s top traders. It works like this:
- interested participants complete easy registration and connect up to the Profit Follow service;
- at its discretion, the trader chooses (one or more), which signals will be auto-copied to his trading account;
- That’s all. Just use this information, and increase the deposits.
It was a brief digression. More information is available here.
Technical analysis and investment ideas of Binomo
The broker analysts do a daily conduct of market assessments, and make predictions about the future behavior of the popular assets. Traders need to keep track of updates and promptly respond to them (more info about this form of binary signals you can read here).
Let’s look at a real example of how this works:
The Binomo broker proposed the following investment idea:
- A currency pair USD / JPY showed a sharp jump, which can be laid in the foundation of the future uptrend. The assumption is confirmed by the fundamental set of events affecting the movement of an asset.
We now turn to the chart
The news published at 07.11 (05.10.16) – the yellow mark on the chart. As you can see, the investment idea worked out and the enterprising traders were able to earn good money on this.
It is the author’s algorithm, which allows you to receive free signals without foreign advice and intelligence. Firstly, a trader needs to read the instructions and all the accompanying recommendations (see them here).
In fact «STOCH» – is a complete trading strategy, which not every user can find a free time for. However, such an approach enhances the credibility of alarms as the trader can determine their own.
Important! During the study of «STOCH» system, please pay attention to expiry dates and recommended rules of money management.
You met with only a few of free signals ( see more options here), which can be used on the binary options market. However, on the basis of information already obtained, it is possible to draw certain conclusions regarding this service.
|Free signals for binary options|
|Assist in making trading decisions||Gives error|
|Save time market analysis||Do not always take into account the output of the fundamental events|
|They do not require financial investments||It is not always published in a timely manner, that doesn’t the right timing to enter the position|
|Can completely replace the trading strategy||Not always able to strengthen the earnings methodology selected (sometimes an extra information delays the favorable time to enter a position)|
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