A binary options system called OLYMP Trade System generates buy/sell signals that are NON-Repaint (shown by arrows). Scaling and binary trading are both suitable for this system. The most cutting-edge indications were combined to create this binary indicator for MT4.
It is a flexible forex scalping trading strategy that works with all different timeframe charts and can be used to trade all different forex currency pairings. When a candle is finished, closed, and a new candle is opened, the old signals will never alter because the arrow employed in this method is “NON REPAINT.”
It works incredibly well on the M1 or M5 timescales, or scaling. But it can be used to any. A 1-minute chart is preferable for binary options with a 5-minute expiration, and a 5-minute chart is preferable for options with a 25-minute expiration.
This binary options system is completely manual and NON-REPAINT. The indicators generate the signals, but the trader ultimately decides whether to enter the market and whether to establish protection stops or profitable exit stops. As a result, the trader needs to be familiar with risk and reward principles.
This Binary Options MT4 can provide trading signals that you can use as-is or combine with other chart analysis to further filter. While this strategy is accessible to traders of all skill levels,
The Binary Options System can be configured to send you signal alerts via email, platform pop-ups, and mobile notifications. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, precious metals, oil, gas, and others can be traded using the binary trading system. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 1-hour charts. On the M1 or M5 timescales, it performs best.
Trading policies for the binary options system
Times in European and New York are optimal for scalping and binary trading sessions. On shorter time scales, it performs admirably (M1 and m5). But it can be used to any. When entering trades, we also advise keeping an eye out for support and resistance.
Follow your money management plan and avoid trading during a period of medium- or high-impact news.
As usual, use wise money management to get the best outcomes. You need to master discipline, emotions, and psychology to be a successful trader. Knowing when to trade and when not to is essential. Trading should be avoided at times and under unfavorable market conditions, such as low volume or volatility, outside of the main sessions, with exotic currency pairs, wider spreads, etc.
Auto Fibo indicator gives an average of 4-8 signals an hour in 1 Minutes timeframe.
If OLYMP Trade is used for Binary Options System
- 1-Minute chart for 5-minute expiration
- 5-Minute chart for 25-minute expiration
Buy signal or Call
- When the candle reverses by touching the Bottom 0 line and breaks out the bottom 23.6 line. (Blue Area)
- Gets a Buy arrow.
(But the arrow candle should not go Above the 50 line.) - Then you can take a Buy trade binary options Call.
Sell signal or Put
- When the candle reverses by touching the top 100 line and breaks out the bottom 76.4 line. (Red Area)
- Gets a sell arrow.
(But the arrow candle should not go below the 50 line.) - Then you can take a sell trade binary options Put.
Exit position
Any positions with this system can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support or resistance as a reference point. You can draw a line from the previous support/resistance to run horizontally to set your Take Profit a few pips below that level. You may also exit the trade manually if the conditions of the system reverse (the opposite Arrow appears).
It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advised.
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