Free signals for binary options
To earn on the binary market, it is not necessary to spend time on making forecasts, market analysis, one's own strategy and macroeconomic indicators. Now, the collection of all the factors that can affect the price movement is engaged in specialized services, which are commonly referred to as binary options signals.
Signals can be provided on a paid and free basis, but regardless of the format, their use is appropriate only in two cases:
- to check the exit point on the selected trading strategy (This is especially true for traders who are making their first steps in the binary options market);
- for full-fledged trading, replacing with this service all existing types of analysis.
After reading this article, you will know what free signals for binary options exist (we will consider only popular types), where to find them and how to apply them in practice.
Six Second Trades
This type of signal is embodied in indicator with the same namewhich is designed to work with minute charts. During the testing period, Six Second Trades showed the best results on the euro/dollar pair, so it is logical that the author gives preference to it.
To start working, a trader only needs to perform the following actions:
- download Six Trades and adds it to the terminal MetaTrader;
- choose a broker and access the binary chart;
- wait for the signal in Metatrader: green point - the moment for buying; red - for selling;
- go to the binary chart and open a position.
The main drawback of this tool is that it is packed in the form of an indicator and is not suitable for live charts. Therefore, its algorithm can only be used by traders who choose currency as an asset.
Free Finmax Signals
Trade with confidence with free signals and get the opportunity to trade profitably with tools from professional Finmax traders!
This is another indicator that is convenient to use as a signal system. It works on the same principle as Six Trades:
- the trader downloads the tool;
- waits for the signal (buy - blue arrow; sell - red);
- conducts a buy/sell option transaction.
The convenience of the ZigZagger 2.0 is that the user does not need to wait for a signal near the monitor. It is enough to turn up the volume and leave the computer in operating mode. When a suitable entry point is formed, an alter (dialog box), with instructions for further actions (drop/sell), will be displayed with an audio accompaniment.
The trader has to agree with the recommendations and enter the market (or leave the signal unattended). Download ZigZagger 2.0 and see its detailed review here.
Technical analysis and investment ideas PocketOption
Analysts of PocketOption broker conduct daily market assessments and make forecasts concerning the future behavior of popular assets. The trader needs to follow the updates and react to them in due time (read more about this type of binary signals here). Let's see on a real example how it works.
PocketOption broker offered the following investment idea:
- The currency pair dollar/yen showed a sharp jump, which may be the basis of a future uptrend. The assumption is supported by a complex of fundamental events affecting the movement of the asset.
Now let's go to the graph
The news was published at 07.11 (10.05.16) - the yellow mark on the chart. As you can see, the investment idea worked and enterprising traders were able to make good money on it.
This is the author's algorithm, which allows you to get free signals without extraneous advice or analytics. Before starting to work, the trader should study the instructions and all attached recommendations (you can see them at here).
In fact, "STOCH" is a full-fledged trading strategy, for which not every user has free time. However, this approach strengthens the confidence in the signals received, because the trader will be able to determine them independently.
Important! When studying the system "STOCH", pay special attention to the recommended expiration dates and rules money management.
You met only part of the free signals (more options see here), which can be used in the binary options market. However, based on the information already received, one can make certain conclusions about this service.
|Free signals for binary options|
|Assist in making trading decisions||They give errors|
|Saves time on market analysis||Do not always take into account the output of fundamental events|
|Requires no financial investment||They are not always published in time, which prevents you from using the right moment to enter a position|
|Can completely replace a trading strategy||Are not always able to reinforce the chosen method of earning (sometimes additional information postpones a favorable time to enter the position)|
Right now you can:
- think about how to put free signals for binary options into practice (check entry points or trade);
- Add site revieweek.com to bookmark and get a detailed look at the features of the service you like;
- choose a broker and start earning with free signals.