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Showing posts from January, 2024

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

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 ðŸ”¥ 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

Rainbow Moving Average

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  When considering approaches to capitalize on binary options, newcomers often concentrate on acquiring expertise in trending strategies. The Rainbow Moving Average (RMA) indicator can offer a comprehensive overview of market trends through the utilization of a series of color-coded moving averages. This simplifies the intricate process of technical analysis. RMA combines multiple Simple Moving Averages (SMAs), each representing a distinct timeframe. The visual appeal of RMA lies in the colors associated with each SMA, creating a vibrant rainbow on charts. Short-term trends are represented by warmer colors, while cooler hues depict longer-term trends. RMA excels at assisting traders in identifying trends by smoothing out price data. When short-term lines surpass long-term ones, it signals a potential uptrend, and vice versa. A break in price above the RMA from bottom to top or entry into the "cloud" of the indicator indicates an upward trend, suggesting consideration for a ca...