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Indicators of binary options trading without redrawing

Started by PocketOption, Nov 11, 2022, 12:07 pm

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PocketOption

Indicators of binary options trading without redrawing

Indicators of binary options trading without redrawing.
We all want to find the perfect indicators for binary options without redrawing to minimize losing trades. It is desirable that these indicators fit into one or more currency pairs, and could be used for any tool. We are talking about dial indicators and colored dots indicating sales or purchases.
There are different types of indicators: trend, flat, counter-trend, scalping, arrow. There are those that are redrawn, and those that are not. In this tutorial, we will look at each type of indicator for binary options, determine which one is better and which is not. Also consider the features of the indicators for BO without redrawing.
"Redrawing"?
Redrawing of the indicator - is when the story shows one, and in real time is quite another. Indicators, which draw values in the course schedule, and then in a few candles change their appearance, adapting to the price value is common in the Forex market.
To better understand how does the redrawing looks, we will show an example in the screenshot below:
Figure 1. Example of redrawing in binary options.
That is, redrawing indicators draw the past movement of the candles. In fact, such indicators can be considered useless as the trade on their incorrect signals will lead to a drain of the deposit.
How to determine whether the redrawing exists on the indicator for binary options.
Here we come up against the fundamental question of defining indicators for binary options that redraw the values on the chart. After all, before using a particular indicator for binary options, you need to make sure that redrawing will be absent in it .
To determine the redraw of the indicator is quite simple. There are several ways to do it:
choose any timeframe observed for the Japanese candles. Usually divergent candle indicator can be seen after 25 candles; search of redrawing is part of the testing strategy: you can monitor transactions only for sale, only on the purchase or on both purchase and sale; if it is a commercial unique indicator, so before buying you can ask its vendor to provide a free version to get rid of it through the strategy tester. And it will show whether it redraws signals or not.
The principle of operation and features of indicators without redraw.
The principle of operation of the indicator without redraw is clear - drawing on the chart of arrows or other elements (for example, colored pixels), which indicates that you need to open PUT option or CALL. The main thing here is that the chosen indicator by the trader worked without redrawing.
Figure 2. Indication without redrawing by dots and arrows.
It often happens that the indicator without redraw can show the colored dot of some of the size. These signals indicate that the price of the asset more likely to continue its movement in the direction mentioned by the indicator without redraw . Such signals allow the next candle buy CALL option or PUT depending on signal.
The basic principle on which the indicators without redrawing work, is a signals formation (arrows) at a time as soon as the price repulsed from the high/low or will form some pattern. It all depends primarily on the algorithms of his work.
Almost all arrow indicators established such a rule, that the signal is a red arrow down means sell (PUT), and the blue up arrow is a buy (CALL). As soon as such a signal appears, the delay is like death. We must act quickly. At the opening of the next candle you need to be ready to go in the direction mentioned by arrow.
Difficulties and problems.
Profits on the binary options market, depends on how precise the choice of the direction of price movement is. There are two main difficulties.
Difficulty No. 1. The indicator redraws its signals.
When testing the indicator on the history that draws signals at first it seems that it just perfectly predicts the price movement of any asset. But while trading in real time all the pitfalls coming up. And everything is not as rosy as it seemed at first glance. That is, the disappearance of arrows or colored dots. This indicates that the indicator redraws. The problem may lie in the algorithms of its work.
Figure 3. The indicator redraws its signals.
Change of location of the indicator upon receipt of new values of quotations. Frustrating when a trader opens a transaction on the signal of the indicator, but after a certain period of time the signal disappeared, then it becomes obvious that trading strategy with its participation is doomed to failure.
If the indicator for binary options trading without redrawing really "doesn't draw" the signals, it means that its arrows in no case should change its position or direction.
Difficulty No. 2. A high degree of reliability of the signal.
In the Forex market and binary options there are many kinds of arrow indicators. But not all of them are suitable for the options market. If we talk about Forex trading - even the indicator with redrawing may work, because you can always wait for the right trader price reversal to close in a profit position. But for binary options you need greater precision, and any errors, especially drawing, is absolutely unacceptable.
The dial indicator should give a very accurate signal, especially in relation to the next 2-3 candles.
Ways to avoid problems or 7 signs of a reliable indicator for binary options.
Really reliable, and therefore profitable indicators should:
to deliver signals without redrawing; work with any asset and any timeframe; to operate on all types of accounts (real, demonstrative, ECN); not to miss the best entry points; provide anticipating price signals so the trader has time to make a deal; open code, so it is possible to make adjustments under certain conditions; confuse the trader during a flat with large number of false signals.
Arrow indicators for BO without redrawing have such positive things:
determination of the moments, when the next few candles will close in profit without any amendments; the minimum expenditure of energy aimed at technical chart analysis with the purpose of finding favorable points for transactions; minimization of the number of errors that occur when using conventional indicators, which are constantly recalculate their values.
Figure 4. Indicator Scalper MA without redrawing.
Types of indicators for binary options without redrawing.
Figure 5. The indicator without redrawing.
On the binary options market there are 5 main types of indicators without redrawing:
scalping; trending; counter-trending; flat; arrow.
Consider an example of each indicator separately.
Scalping.
Here is an example of scalping indicator for binary options:
Figure 6. Scalping indicator for binary options Binary Option Arrows.
Green vertical stripes denote profitable trades, red - unprofitable. Often, scalping indicators for BO involve trading on small time frames M1-M5. The expiry time one or two candles.
Trending.
These types include such indicators as: EMA, Catx, SMA and ADX. They best define the trend, but also show that might involve a possible bounce from moving average.
Usually trading on binary options by trending indicators suggest a longer expiry, up to the candle. The time interval can be anything. The most important thing. In this time, there was a bearish or bullish trend.
Figure 7. Trending indicator Catx.
Counter-trending.
This type of indicator involves catching pullbacks (bounces from levels). A good indicator for BO which will not redraw the values is considered as the Bollinger bands. Signal for the opening of the option will serve as the price reaches one of its lanes and return to the moving average.

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