New strategy for binary options: scalping on M1 with 3 indicators

Image
 🔥 New strategy for binary options: scalping on M1 with 3 indicators If you trade with a small deposit and are looking for a simple but working strategy, this article is for you. What's inside: Only three indicators are used: Bollinger Bands, EMA and Awesome Oscillator Timeframes: M1–M15 (best of all — M1) Trades: for 3–5 minutes Works on all sessions (Asia, Europe, America) Suitable for both beginners and experienced traders 💡 The article also describes buy and sell signals, practical advice, as well as the nuances of using the strategy in manual and semi-automatic mode. 📌 Read the full article here : https://blog.vfxalert.com/en/t/a-simple-scalping-strategy-for-binary-options-trading

ADX indicator

 


The ADX indicator, which stands for Average Directional Index, is a technical analysis tool used to measure the strength of a trend in financial markets. It was developed by J. Welles Wilder and is commonly employed by traders and analysts to assess the strength and potential sustainability of a price trend.


How to trade with ADX indicator and vfxAlert, watch this video  https://www.youtube.com/watch?v=hQdS24l5Xr4


To download vfxAlert, click here


The ADX indicator provides a numerical value typically ranging from 0 to 100, with higher values indicating stronger trends. Here's how it works:


ADX values below 20 are often interpreted as a weak or non-existent trend, suggesting a sideways or range-bound market.


ADX values between 20 and 40 indicate the emergence of a potentially developing trend.


ADX values above 40 are considered indicative of a strong and sustained trend.


In addition to the ADX line itself, the ADX indicator also includes two auxiliary lines: the +DI (Positive Directional Index) and -DI (Negative Directional Index). These lines help traders assess the direction of the trend. When +DI is above -DI, it suggests a bullish trend, while the opposite indicates a bearish trend.


Comments

Popular posts from this blog

Binary Option Trading Signal App

Best Binary Signals

vfxAlert - live trading signals