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Showing posts from January, 2024

Trading with the trend

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Trading with the trend remains a simple way to make money with binary options. One of the main principles of technical analysis is that having the same trend direction on different timeframes increases the likelihood of its continuation and the reliability of entry points. In the vfxAlert app , there's a tool that instantly identifies market trends on different timeframes –  Trends indicator. It allows traders to see trends for various assets simultaneously and indicates the strength of the trend. This indicator utilizes the results of the last 20 completed signals for each timeframe and works with all assets, including cryptocurrencies. How to use the Trends indicator? Start by checking for matching trend directions, starting from the higher timeframe to the lower one. Confirm binary signals from vfxAlert . Pay special attention to the expiration time – for consistently positive results, it should be no less than 3-5 minutes.  Read more about the Trends indicator in our blog