Binomo offers plenty of indicators to choose from. They all can be a great help in conducting technical analysis. It is good to know how they work and then decide which one works well for you. Sometimes even a simple method can bring good results. And such will be a strategy based on a moving … Read more
You will find out many strategies available for traders. A solid strategy is quite important in getting good results. It helps to recognise the best moment to enter a trading position. Today, you will get to know a new strategy that combines two indicators, the Average Directional Movement Index and the Exponential Moving Average. Let’s … Read more
Rainbow pattern overview A rainbow pattern on the Binomo platform is a graphical pattern that is based on three EMAs (exponential moving averages) with distinct periods. To make the picture transparent the indicator lines should all have different colors. Go to chart preferences feature and choose “Moving Average”. Set the period to 6, choose the … Read more
Moving average calculations One of the tools that illustrates the direction in which the price is heading is called a moving average. A trader can catch the momentum with it, confirm the trend or identify the support and resistance levels. It measures the average price during a certain period equal to the number of the … Read more
EMA, or exponential moving average, is a moving average (MA) technical indicator that follows the direction of a price trend. It is a ‘moving average’ indicator as the average price level is calculated by taking the sum of price points over a specific time period and dividing it by the total number of points i.e. … Read more
There are simply a lot of traders who want to join in on the binary options bandwagon thinking that they can win huge money in just a few seconds. While there may be some truth to this, it is important to know that there are also risks. As a trader, you should have known by … Read more
When it comes to indicators that are commonly used in a trading chart, the moving average indicator would always be among them. This is a handy technical indicator that analysts, as well as traders, use to determine the support and resistance levels, price movement, and trend of the market. So, and how can you master … Read more