Best indicators for binary option trading alerts
The best time to perform the strategy is during strong trends as we want to trade with the trend and not the countertrend. Using 21 EMA helps you visualise the current trend and place your trades accordingly. It is also important to check the economic calendar to spot major events that can move the price in one direction on another.
Thus, you can spot a strong move before the close of a 5-minute candle on the MT4. You can place your trade at the close of a candle or 1 minute before the close. To trade a Call signal, we look for up trends and breaks in the resistance. In our example, you see a strong bullish candle breaking the resistance, and at the close of that candle, you can place a 5-min Call trade.
We get a Put signal when the price is moving in a downtrend and breaks the most recent support level. You can enter your Put trade at the opening of the new 5-minute candle.
You have to approach trading with lower expectations and follow real action on the charts to build knowledge. Expecting high profits every 5 minutes is not going to lead you anywhere. It is also important to follow the price action closely and identify the breaking candles. In most cases, it should be a strong candle without wicks, but not an overextended one.
If you see breaking in SR levels with long wicked candles, it is probably a fake signal. It is important to read the price action and not follow indicator signals blindly.
You can also leave your comments below. To try 5-minute strategy you can download free indicators and template. To support our work you can register an account at Ayrex. Skip to main content.
Strong trends The best time to perform the strategy is during strong trends as we want to trade with the trend and not the countertrend. If you ever set up trend lines, or any other lines i. We set the indicator for which lines we want to the alarm to fire: Trend lines, Horizontal lines, Vertical lines, Fibonacci lines and more.
Afterwards, we enable the alarm. As soon as the price comes near one of our configured lines, MT4 beeps and alert window is displayed. A good companion to this indicator is the Interval Timer indicator which makes sure that we are always alerted when the current candle is about to close This is useful when we are following M30 timeframe or similar and we are doing other things.
We will never miss an incoming action. Download indicator Interval Timer: What are trend lines: Your email address will not be published. How to use our strategies from Best-Binary-Options-Strategy.