The Moving Average convergence indicator and the Relative Strength Index are legendary indicators. They are in the top 5 of the most popular analytical tools. The MACD and RSI are included in the range on the Binomo trading platform. In this article, we will look at a strategy based on them. This system is suitable for beginners, but it is very effective nevertheless. An alternative may be ALT IDX – synthetic (derivative) cryptocurrency asset from Binomo: For beginners, this transaction is not recommended, it is better to wait for confirmation from two oscillators! Open a deal on the next candle after binary signals. The expiration time of the options should be at least 5-7 minutes, even if a minute is selected as the working timeframe, as in The Binomo web terminal has the full functionality needed for trading. The basic range of tools for technical analysis is offered. There are 14 popular indicators of various types: trend, oscillators, and those from Bill Williams. There are also chart drawing tools. You can adjust the time frame (from 1 second to 5 minutes) and there is scrolling and scaling functionality. Advantages of the Oscillators are usually combined with trend indicators. However, proper configuration of the instruments can significantly increase the accuracy of signals for a combination of two oscillators. In this article, we will look at a simple strategy for Binomo based on the Awesome Oscillator and the Relative Strength Index. The Binomo platform facilitates work with technical analysis tools. By clicking on the “Chart preferences” icon you can access two tabs. The first one is “Indicators”. There you will find the most popular and commonly used indicators of technical analysis, starting from moving averages, popular oscillators and onto ready-made sets like Ichimoku Kinko Hyo. This type of a tool palette is Binomo company has been registered in 2014 and despite of its young age is one of the most innovative and advanced trading platforms for the full access to financial market capacities. At times the significant enhancements happen in its service: a sophisticated trading terminal of their own development appeared, new options are offered, which make trading interesting and profitable activity. How to use signals: Choose a trading instrument from the categories: Currency, Commodities, Indices, Stock. Choose a time interval on the price chart of the instrument you selected. The time interval can be varied from 1 minute to 1 day. The summary appears below the selected instrument: the forecast based on the data of several technical indicators.
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