All you need to know about moving averages on Binomo

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

How to Read the CCI Indicator on Binomo

One of the most popular oscillator indicators is called the Commodity Channel Index. Contrary to what the name may imply, the CCI indicator can be applied to any market, not only to commodities. It measures the present price of a financial instrument against the average price during a certain period. It helps to identify divergences … Read more

How to use a trendline to trade on the Binomo platform

The Binomo platform offers a very useful graphical tool which is a trend line. You will need to draw it yourself, but I will guide you through this procedure. A trend line follows the movements of a price along a trend. During an uptrend the trend line joins higher lows. During a downtrend, it connects … Read more

How to Read the CCI Indicator on Binomo

CCI on Binomo platform

One of the most popular oscillator indicators is called the Commodity Channel Index. Contrary to what the name may imply, the CCI indicator can be applied to any market, not only to commodities. It measures the present price of a financial instrument against the average price during a certain period. It helps to identify divergences … Read more