#How to Use Ichimoku for Profit

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Ichimoku Scalping Demystified Your Path to Profitability! 2023 Live

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15 Lesser-Known Trading Strategies: Discovering Hidden Gems

In the dynamic world of trading, success often hinges on mastering well-known strategies like trend following or breakout trading. However, beyond these mainstream tactics lie lesser-known trading strategies that can offer unique insights and opportunities for astute traders. These strategies, often overlooked or underutilized, provide alternative approaches to navigating the complexities of financial markets. In this exploration, we delve into several of these hidden gems, shedding light on their principles, applications, and potential benefits for traders seeking to diversify their trading toolkit.

Exploring Lesser-Known Trading Strategies:

Halloween Effect: Dive into the seasonal trading pattern known as the “Halloween Effect” or “Sell in May and Go Away,” which suggests that stock markets tend to underperform from May to October. This phenomenon intrigues investors as they seek to understand its historical relevance and potential implications for modern trading strategies. Learn more about the Halloween Effect here.

Forex Signals: For traders navigating the forex market, deciphering and interpreting forex signals is crucial for making informed decisions. These signals, often derived from technical indicators or fundamental analysis, provide insights into potential market movements. Understanding how to interpret and utilize forex signals can significantly enhance trading precision and strategy development. Explore more about forex signals here.

Spot Trading: Spot trading is a fundamental aspect of trading cryptocurrencies and commodities. It involves buying or selling assets for immediate delivery or settlement, as opposed to futures or options contracts. Beginners often find spot trading attractive due to its simplicity and direct exposure to market prices. Discover the basics of spot trading and how it fits into your trading strategy here.

Crypto Trading: Paper trading in cryptocurrency markets allows traders to practice without risking real money. This simulation helps traders refine their strategies, test new ideas, and gain confidence before executing trades with actual funds. It’s an essential tool for both newcomers and experienced traders looking to adapt to the unique dynamics of the crypto market. Learn more about the benefits and strategies of paper trading in crypto here.

Crypto Signals: Deciphering crypto trading signals involves interpreting data points and indicators to forecast market movements. These signals can come from technical analysis tools, algorithmic models, or fundamental analysis of market trends. Understanding how to evaluate and use crypto trading signals empowers traders to make timely and profitable decisions in volatile cryptocurrency markets. Explore strategies for interpreting crypto signals here.

Three White Soldiers: The three white soldiers pattern is a bullish candlestick formation indicating a strong reversal from a downtrend to an uptrend. Recognizing and understanding this pattern can help traders identify potential buying opportunities in the market. Explore how to spot and utilize the three white soldiers pattern in your trading strategy here.

Ichimoku Cloud Strategy: The Ichimoku cloud strategy is a comprehensive technical analysis tool that provides insights into support and resistance levels, momentum, and trend direction. Traders use the Ichimoku cloud to gauge the strength of market trends and make informed trading decisions. Mastering this strategy involves understanding its components and interpreting its signals effectively. Dive deeper into the Ichimoku cloud strategy here.

Mean Reversion Strategy: Mean reversion is a trading strategy based on the concept that prices tend to return to their historical average over time. Traders using mean reversion look for opportunities to enter trades when prices deviate significantly from their average levels, expecting them to revert. This strategy requires understanding market cycles, identifying overbought or oversold conditions, and timing entries and exits effectively. Explore how to implement mean reversion strategy in crypto trading here.

Stock Pattern Recognition: Pattern recognition in stock trading involves identifying repetitive formations or trends in price charts that indicate potential future price movements. Traders use pattern recognition to predict market direction, manage risk, and optimize entry and exit points. Mastering stock pattern recognition requires familiarity with various chart patterns and their implications for trading strategies. Learn about different stock patterns and their applications here.

Cup and Handle Pattern: The cup and handle pattern is a bullish continuation pattern that signals a potential upward trend continuation after a temporary consolidation phase. Recognizing and interpreting this pattern helps traders identify buying opportunities and anticipate price movements in stocks or other assets. Dive into the details of the cup and handle pattern and how to incorporate it into your trading strategy here.

Bollinger Bands Strategy: Bollinger Bands are a popular technical analysis tool used by traders to measure volatility and identify overbought or oversold conditions in the market. The strategy involves using Bollinger Bands in conjunction with other indicators to confirm signals and make informed trading decisions. Understanding how to effectively use Bollinger Bands can enhance trading accuracy and risk management. Explore strategies for mastering Bollinger Bands here.

Golden Cross Pattern: The golden cross pattern occurs when a short-term moving average crosses above a long-term moving average, indicating a potential uptrend in the market. This pattern is widely watched by traders as a bullish signal, suggesting a shift in market sentiment towards buying pressure. Learn more about the golden cross pattern and its implications for trading strategies here.

Swing Trading Indicators: Swing traders rely on technical indicators to identify short-term price momentum and potential reversal points in the market. These indicators help traders time their entries and exits based on market trends and price patterns. Mastering the top indicators for swing trading involves understanding their signals, strengths, and limitations in different market conditions. Explore essential indicators for successful swing trading here.

Pivot Points: Pivot points are mathematical calculations used by traders to identify potential support and resistance levels in the market. These levels are derived from the previous day’s trading data and help traders gauge market sentiment and make trading decisions. Understanding how to calculate and interpret pivot points is essential for traders seeking to optimize entry and exit points in various trading scenarios. Dive into strategies for mastering pivot points here.

Stochastic Oscillator: The stochastic oscillator is a momentum indicator that compares a security’s closing price to its price range over a specific period. Traders use the stochastic oscillator to identify overbought or oversold conditions and potential trend reversals in the market. Mastering the stochastic oscillator involves understanding its calculations, interpreting signals, and integrating it into trading strategies effectively. Explore comprehensive strategies for using the stochastic oscillator here.

In conclusion, while traditional trading strategies remain essential, exploring lesser-known approaches can provide traders with a competitive edge. From seasonal anomalies like the Halloween Effect to specialized techniques in cryptocurrency trading, each strategy offers unique insights and opportunities for growth. By expanding their knowledge and embracing these hidden gems, traders can diversify their strategies, mitigate risks, and potentially enhance their overall trading performance.

To learn more about trading, visit tacracked.ai.

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Leveraging Technical Indicators for Profitable Forex Signals

Welcome to the world of Forex Signals! If you're new to this, Forex Signals are essentially trade ideas, indicating currency pairs to trade, and the time to buy or sell them. It's a great way to make a profit, or at least that's what they tell us! But with so many technical indicators out there, how do you make sense of all these signals? That's where this blog comes in. We'll be exploring the importance of technical indicators in forex trading and how they can be leveraged for profitable forex signals. So, grab your coffee and let's dive in!

Understanding Technical Indicators

Technical indicators are mathematical calculations applied to a forex pair's historical pricing data. These calculations can analyze past and current market conditions to provide traders with insights and help them make informed trading decisions. Technical indicators come in different types such as moving averages, oscillators, and volatility indicators, among others. Technical indicators play an indispensable role in forex trading, especially in the analysis of market trends and forecasting potential price movements.

By using technical indicators, traders can identify potential entry and exit points for trades. They can also better manage the risk of their trades by placing orders based on technical indicators' signals. In other words, technical indicators can help traders maximize their profits while minimizing their losses. However, it's important to remember that technical indicators have limitations. Traders should not solely rely on technical indicators for trading decisions. It's also crucial to keep up with market news and events to ensure that they consider both fundamental and technical analysis.

In summary, technical indicators play a crucial role in forex trading. They help traders analyze the market and make informed decisions. However, traders should remember that they are not a magical tool. Proper analysis and risk-management should be considered before making any trading decision.

Technical Analysis and Forex Trading

Technical analysis is a method of studying charts and historical data to forecast future price movements. By analyzing the charts, traders aim to identify market trends and patterns that can provide an edge in trading. This form of analysis is especially relevant in Forex trading, where the currency market is highly volatile and affected by multiple factors. One of the major advantages of using technical analysis in Forex trading is its ability to identify entry and exit points. Technical indicators such as Moving Averages, Relative Strength Index (RSI), Bollinger Bands, Fibonacci Retracement Levels, and Ichimoku Clouds can all help traders determine when to enter or exit a trade.

These indicators can also identify overbought and oversold conditions in the market, which can provide an insight into possible market reversals. To use technical indicators effectively, traders need to develop an understanding of market trends and identify key chart patterns. Technical analysis can help traders identify trends and patterns that are not visible on the price chart. However, it is important to note that technical analysis has its own limitations, and it is important to use it in conjunction with fundamental analysis.

In summary, technical analysis provides traders with a valuable tool to analyze the Forex market and identify profitable trade opportunities. By understanding basic principles of technical analysis, using key technical indicators, and staying up to date with market trends and news, traders can potentially increase their chances of success in Forex trading.

Top Technical Indicators for Forex Trading

So, you're interested in trading forex using technical indicators, huh? Let's dive into the top technical indicators for forex trading! First on the list are Moving Averages. These indicators are used to track the average price of a currency for a certain period of time. Traders use this to determine the overall trend of the market. Next up is the Relative Strength Index (RSI). This indicator shows whether a currency is overbought or oversold. Basically, it helps traders determine when to enter or exit a trade.

Another popular technical indicator is Bollinger Bands. These bands are used to measure volatility in the market. When the bands are close together, it indicates a period of low volatility, while a wider distance between bands shows high volatility. Fibonacci Retracement Levels are also widely used among traders. These levels are calculated by identifying a high and low point on a chart and then plotting retracement levels between them. This helps traders determine potential areas of support and resistance.

Finally, we have Ichimoku Clouds. This indicator is made up of multiple lines that help traders identify key levels of support and resistance. It also gives an overall view of the market trend and momentum. Now that you know the top technical indicators for forex trading, it's important to use them correctly. Remember to use multiple indicators for confirmation and keep up to date with market news and events. And most importantly, have a trading strategy and keep track of your trades and learning progress. Good luck out there!

Using Technical Indicators in Forex Trading

When it comes to using technical indicators in forex trading, it's crucial to understand that they are not the be-all and end-all. While they can provide valuable insights into market trends and potential entry and exit points, they are not foolproof. To correctly use technical indicators, it's important to have a well-thought-out trading strategy that takes into account not only technical analysis but also fundamental factors and current market conditions.

Additionally, understanding market trends is key. Technical indicators can only provide signals based on past data, so it's important to consider current market conditions and the potential impact of news and events. It's also important to recognize the limitations of technical indicators. They can provide false signals, especially in choppy markets, and can lag behind in fast-moving markets. It's essential to use them in conjunction with other indicators and analysis tools to confirm signals and avoid relying solely on technical indicators.

In short, technical indicators are a valuable tool in forex trading, but they should not be used in isolation. By crafting a well-informed strategy and staying up to date on market trends and conditions, traders can use technical indicators to their advantage whilst avoiding potential pitfalls.

Tips for Successful Forex Trading Using Technical Indicators

So, you’ve understood the importance of technical indicators in forex trading? Excellent! However, that’s just the beginning. To be a successful trader, you’ll have to go beyond the basics. Here are some tips that can help you make the most out of technical indicators. First and foremost, have a trading strategy in place. Without a plan, you’ll be like a rudderless ship, drifting away in the sea of uncertainty. While using technical indicators is a great way to get started in forex trading, it’s also important to use multiple indicators for confirmation.

Remember, no indicator can give you 100% accurate signals, so it’s best not to rely on just one. Keep yourself updated with the latest market news and events. They can have a huge impact on your trades. For instance, if there’s an unexpected announcement by a central bank, it could lead to a change in market sentiment, which could, in turn, lead to changes in forex prices. Lastly, keep a journal to document your trades and learn from them. It’s a great way to see where you went right (and wrong) and make improvements.

Plus, it also helps you stay disciplined and avoid making impulsive decisions. Remember, learning to use technical indicators is one thing, but mastering them is a whole different ball game. By following these tips, you can significantly improve your chances of success. Good luck!

Conclusion

So, there you have it - a breakdown of how to leverage technical indicators for profitable forex signals. To sum up: technical indicators are an essential tool for any serious forex trader, helping to identify trends, entry and exit points, and overall market sentiment. By understanding the basic principles of technical analysis and knowing which indicators to use and how to read them, you can make more informed trading decisions and increase your profitability.

Of course, all the theory in the world won't get you anywhere without putting it into practice. So, our final word of advice is to get out there and start trading! Keep a journal to document your trades and use it to track your progress and learning. Stay up to date with market news and events, and don't be afraid to experiment with different strategies and indicator combinations. By doing all these, you will increase your chances of trading success. Remember, there's no substitute for experience.

[bestmt4indicators]

Discover the Best MT4 Indicators for Maximum Profits!

Mt4 Indicators

MT4 indicators are an essential tool in the toolbox of forex traders. These technical analysis tools help traders to identify trends, potential breakouts, and other market dynamics that can inform their trading decisions. MT4 indicators are available in various forms and can be customized to suit different trading styles.

The purpose of this article is to provide a comprehensive guide on MT4 indicators, exploring their types, customization options, and tips for effective use. By understanding the fundamentals of these tools, traders can enhance their decision-making process and maximize their trading potential.

Additionally, we will discuss how MT4 indicators fit into the broader context of forex trading strategies and how they can complement other analytical tools such as price action analysis or fundamental analysis.

Understanding the Purpose of MT4 Indicators

The purpose of MT4 indicators is to provide traders with a visual representation of market data in the forex industry. These technical tools serve as an aid for traders in making informed trading decisions by analyzing price and trend movements. They are designed to be contextually relevant, meaning that they are specific to the trader's preferred currency pairs, time frames, and trading strategies.

MT4 indicators offer a range of benefits for traders such as identifying potential entry and exit points, highlighting market trends, and providing signals for technical analysis. By using these tools, traders can develop strategies based on real-time data which can increase their chances of success in the forex market.

Furthermore, MT4 indicators allow traders to conduct thorough analysis without having to spend hours manually scanning through charts and graphs.

Overall, understanding the purpose of MT4 indicators is crucial for any trader looking to succeed in the highly competitive world of forex trading.

Exploring the Different Types of MT4 Indicators

Various categories of tools are available on MT4 that help traders to analyze the market and make better decisions. Among these tools, MT4 indicators play a crucial role in identifying market trends, predicting future price movements and providing signals for entry and exit points.

There are different types of MT4 indicators, each designed to serve a specific purpose. Exploring these different types of indicators can help traders to choose the ones that best fit their trading style and strategy.

One type of MT4 indicator is trend indicators, which shows the direction and strength of a market trend. These include moving averages, MACD (Moving Average Convergence Divergence), and Ichimoku Kinko Hyo.

Another type is support and resistance indicators that identify key levels where prices are likely to find support or resistance. Examples include pivot points, Fibonacci retracement levels, and Bollinger Bands.

Other types of MT4 indicators include volatility indicators such as Average True Range (ATR) and Relative Strength Index (RSI), momentum oscillators like Stochastic Oscillator and Williams Percent Range (WPR), as well as volume-based indicators like On-Balance Volume (OBV).

By understanding the different types of MT4 indicators available, traders can use them effectively to improve their trading performance by making informed decisions based on accurate analysis of market trends.

Customizing MT4 Indicators to Suit Your Trading Style

Customizing MT4 indicators can significantly enhance a trader's ability to analyze the market and make informed decisions that align with their unique trading style. The standard settings on an MT4 indicator might not always match the preferences of every individual trader, which is why customizing them becomes crucial.

For instance, traders may want to adjust the parameters of certain indicators such as moving averages or stochastic oscillators to better capture price movements in specific timeframes. This customization process allows traders to tailor their analysis to their trading style and preferences.

Forex traders who use MT4 indicators can also customize them by adding or removing features based on their needs. Some traders prefer simple tools while others may need more complex ones depending on their experience level and strategy.

Customization presents an opportunity for traders to integrate multiple indicators into one chart, which offers a comprehensive view of market trends and price movements. By selecting the right combination of indicators, traders can develop a trading system that suits their unique style and helps them identify potential entry and exit points in the market.

Ultimately, customizing MT4 indicators allows forex traders to optimize their analysis techniques and achieve better trading outcomes over time.

Tips for Using MT4 Indicators Effectively

To effectively utilize MT4 indicators, traders should consider the specific market conditions and timeframe in which they are trading. It is important to understand that different indicators work better in different market conditions.

For example, trend-following indicators like moving averages are more effective in trending markets, while oscillators like Relative Strength Index (RSI) perform well in range-bound markets. Therefore, it is essential for traders to identify the prevailing market conditions before using any indicator.

Moreover, traders must also use MT4 indicators alongside other technical analysis tools like price action analysis or support and resistance levels to gain a comprehensive view of the market. Additionally, it is crucial to avoid over-reliance on indicators as they can provide false signals or delay entry/exit points.

Lastly, utilizing the best MT4 indicators requires proper installation and configuration; hence it's advisable to download MT4 indicators from reputable sources and seek guidance from experienced traders or brokers.

By following these tips for using MT4 indicators effectively, traders can enhance their trading strategies and improve their chances of success in the forex market.

Maximizing Your Trading Potential with MT4 Indicators

By exploring the features and capabilities of MT4 indicators, traders can unlock their full potential and achieve greater success in their forex trading endeavors. One of the best ways to maximize your trading potential using MT4 Indicators is by identifying the best ones that suit your strategy.

There are countless MT4 indicators available on various platforms, but not all of them will work for you. Some of the best MT4 indicators include support and resistance indicators, trend indicators, and momentum indicators.

Support and resistance indicators can help traders identify key levels where prices may bounce or break through, while trend indicators provide insights into market direction and momentum. Momentum indicators can also be useful in determining whether a trend is likely to continue or reverse.

By utilizing these different types of MT4 indicators effectively, traders can make more informed decisions about when to enter or exit trades, potentially leading to greater profits in the long run.

Conclusion

MT4 indicators are a crucial tool in the arsenal of any forex trader. They provide valuable insights into market trends, price movements, and potential trade opportunities. By utilizing MT4 indicators effectively, traders can make informed decisions based on accurate data analysis.

There are various types of MT4 indicators available that cater to different trading styles and strategies. These include trend-following indicators, momentum indicators, volatility indicators, and volume indicators. Traders can customize these indicators to suit their unique needs by adjusting parameters such as timeframes or periods.

To use MT4 indicators effectively, traders should have a thorough understanding of their purpose and how they work. It is also essential to use them in conjunction with other technical analysis tools for more comprehensive market analysis. Additionally, it is crucial to avoid over-reliance on these tools as they are not infallible.

In conclusion, MT4 indicators are an indispensable resource for forex traders seeking to gain an edge in the markets. By utilizing them effectively alongside other technical analysis tools and adhering to sound trading principles, traders can maximize their potential for success in this dynamic industry.

Author Box: I am a highly regarded trader, author, and coach with a proven track record of over 16 years of experience in trading financial markets. Throughout my extensive career, I have dedicated myself to the development and refinement of forex trading strategies and MT4 indicators, establishing myself as a leading figure in the field. Visit: https://free-forex-indicators.com/category/mt4-indicators/

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BinBot Pro Review: Profitable Auto Trading or a Scam?

Reviews for automated trading systems like BinBot Pro are the most sought after.

This is because auto trading is the newest trend in the world of trading.

Many traders are confused about how auto trading work or are skeptical about it.

But we are here to the rescue!

In this review, we will go through the features of BinBot Pro to see how it works, how well it delivers on its promises and most importantly, you can know if it is a scam or not.

Binbot Pro Review

Automated trading systems like BinBot Pro allow auto trading with the help of trading algorithms.

The trader has to set some rules such as risk levels, entry and exit stipulations, and leverage and the rest will be done by the auto trader.

The traders can then relax and not worry about monitoring their positions.

This has made trading robots very popular and in demand.

As a result, the market is now flooded with tons of trading robots.

As a trader who’s looking for a reliable robot, it might become difficult to choose one.

Our Review on BinBot Pro will clear that doubt for you.

Let’s start.

BinBot Pro Review: What is BinBot Pro? BinBot Pro Review - Binoption High Capital Risk Is Involved In Financial Trading

BinBot Pro is a Binary Options Robot that offers automated trading to its users.

It was established in the year 2016 and has been offering an automated trading service since then.

There are multiple robots available for that trades on your behalf.

You can also customize them to match your requirements.

Each trading robot follows a different strategy and you can choose the one that you think will work the best for you.

BinBot Pro has partnered with BinaryCent which is an online broker.

You carry out transactions like deposits and withdrawals through this broker.

We will discuss more this broker later in the review.

Trading robots have been popping up left and right due to the increased demand for automated trading.

Unfortunately, not all trading robots have proven to be effective.

They enter and disappear from the market without anyone noticing.

This proves that you cannot expect to provide poor service and survive in the market.

BinBot Pro has been going strong ever since it was released in 2016.

It has gained popularity among traders quickly and has become one of the best-automated trading systems currently.

In 2016, they won the award for the best binary robot.

Why choose BinBot Pro? BinBot Pro offers certain features that you cannot overlook.

Let’s see the reasons as to why you should choose BinBot Pro as your preferred choice of the trading robot.

Offers profitable auto-trading Even new traders can make large profits Easy registration process Returns as high as 90% Demo account offered Award-winning automated trading Robots have a profit rate up to 300% Provides services to many countries around the globe Major forex pairs as binary options Popular Crypto assets A minimum deposit fee of $250 Manual customization of trading robots Fast and reliable platform Dedicated customer support BinBot Pro Live Trading Video, Results and Withdrawal BinBot Pro Sign-up and Login BinBot Pro Login Signup - Binoption The account creation process is quick and hassle-free.

The process is described below:

Step 1 Click on the ‘Registration’ button below to start your registration process.

Step 2 Step 3 Step 4 To log in into your account, just use your provided email address and password.

CLICK FOR REGISTRATION High Capital Risk Is Involved In Financial Trading

BinBot Pro Broker- BinaryCent BinaryCent BinBot Pro Broker - Binoption BinBot Pro currently only offers one broker to deal with: BinaryCent.

BinaryCent is an online trading platform which was founded in the year 2016.

It is managed by Cent Project Ltd., which is a subsidiary of Finance Group Corp.

The company is based in Vanuatu where their head office is located in Transpacific Haus, Lini Highway, Vanuatu.

BinaryCent is regulated by the Vanuatu Financial Services Commission (VFSC).

BinaryCent guaranteed withdrawals processing within 1 hour.

BinaryCent’s focus lies on small traders and hence their minimum deposit and investment are very low.

You need to deposit a minimum of $250 to start trading and the minimum trade investment is only $0.1.

This is one of the lowest we have seen and is beneficial for small and new traders.

You get leverage up to 1:100 on trading assets.

BinaryCent offers binary options along with forex and CFDs in their trading portfolio.

Recently they have added cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Zcash, Monero, BCH, Dash, PrimeCoin, Reddcoin, and many others.

BinaryCent offers customer support through live web chat or through the telephone.

BinaryCent has its proprietary trading platform for trading.

The platform is web-based which means you don’t have to download separate software for trading.

The platform is user-friendly and trade execution happens without any delay.

They also offer mobile trading on the iOS and Android.

They have the same features and functionalities as the web-platform.

There are three different types of trading accounts on BinaryCent; Bronze, silver, and gold. Silver and gold accounts offer extra benefits and bonuses to traders.

Speaking of bonuses, traders get rewarded with bonuses for the deposit they make.

Depending on the type of account they choose to create, they get rewarded with 20%-100% bonus.

All these features make BinaryCent a great choice to be BinBot Pro’s broker.

VISIT BINARYCENT BROKER High Capital Risk Is Involved In Financial Trading

BinBot Pro Top Robots - Created By Users BinBot Pro Top Performing Robots - Binoption BinBot Pro ranks robots on the basis of profits they generate for traders.

Here are some of the top performing robots for BinBot Pro:

RSIMA Cross Robot This is the top robot with a profit of over 300%.

The strategy used in this robot involves matching the RSI with the moving average cross indicator.

The robot buys or sells when it matches with the RSI overbought or oversold signal.

The signal is maintained until an opposite signal is received.

The minimum deposit for this robot is $3000 and its algorithm level is at 5 points.

xProfit Robot Ichimoku Crypto V2 Robot Rising East v1.2 Robot HP Cycles Robot Strong ADX v.2 Robot Strong US v2 Robot Bolly Band Bounce Robot RVI and MA Robot Bladerunner Robot CHOOSE YOUR TRADING ROBOT High Capital Risk Is Involved In Financial Trading

BinBot Pro Settings and Trading Platform BinBot Pro’s auto trading platform is available on the web.

You don’t need any separate software for trading which is convenient for many traders.

The whole auto-trading is revolved around following a trading robot which is available from the list of robots.

The platform displays the top 10 performing robots based on the profit level they generate.

Note that you can either copy the robot directly by letting it do all the trading for you or you can customize the robot to suit your needs.

You can also create a robot from scratch if you have the necessary trading experience.

Let’s take a look at the process of robot creation.

Robot Creation: BinBot Pro Settings Robot Creation - Binoption On the left side of the trading platform, there is a ‘create my robot’ button. Click on it to start the robot creation process. STEP 1 Choose a name for your robot. You can give it any name you desire but by adding a relevant name, you can easily remember its strategy and even others can benefit from it. STEP 2 STEP 3 STEP 4 STEP 5 BinBot Pro Indicators: BinBot Pro Settings Trading Indicators - Binoption There are 6 different types of indicators available in BinBot Pro: ADM Index: ADM stands for Average Directional Movement. It is an indicator that indicates the trend strength. It can determine when the price of an asset will trend strongly. This strength indication can be bi-directional, i.e. both upwards and downwards.

Commodity Chanel Index (CCI): Momentum Indicator: RSI Indicator: RVI Indicator: AROON: BinBot Pro Demo Trading BinBot Pro offers demo auto-trading before you invest.

You can demo run the top 10 trading robots and see which suits your needs the best.

The demo runs for a robot runs exactly for one minute.

The initial fund offered is $1000 and at the end of the one-minute demo, the final balance is displayed.

In our extensive testing, the demo tests always ended in profits and never seemed to face any loss which seemed suspecting to us.

When we traded on our real accounts, on an average, the robot won us 8/10 trades.

This is normal as no robot can guarantee a 100% win rate.

Their demo robot winning all trades may just be a marketing gimmick.

Also, the demo market conditions are obviously different than the real market conditions.

BinBot Pro Cryptocurrency Trading BinBot Pro offers exclusive crypto trading to its traders.

Although binary trading is not allowed in the U.S, you can trade forex-crypto assets from any country in the world through BinBot Pro.

You can trade popular cryptos such as BTC, ETH, Litecoin, Dash, and much more.

BinBot Pro even offers deposits and withdrawals using Bitcoins and altcoins.

This makes the transactions fast and secure.

The BinBot Pro crypto software claims to have income returns of 700% or higher.

According to statistics, on a daily basis, their robots win 32390 trades, 1765 new clients join their website, they pay profits of $86003, and a customer earns $3836 in profits on an average.

Approximately, 25000 clients have had profitable trades with BinBot Pro.

The current offer of BinBot Pro offers 100% sign up bonus to their clients for Cryptocurrency trading.

START TRADING CRYPTOCURRENCY High Capital Risk Is Involved In Financial Trading

BinBot Pro Mobile Trading Currently, there is no mobile app for BinBot Pro.

However, BinaryCent offers mobile trading.

So you can perform transactions on the mobile app.

However, for trading, you have to use the web platform.

BinBot Pro Asset Index BinBot mainly offers the major forex pairs along with few crypto-forex pairs.

Here is a list of the assets BinBot Pro offers in its portfolio:

Forex Pairs: EUR/AUD EUR/USD GBP/USD USD/CHF EUR/JPY USD/CAD AUD/USD EUR/GBP Crypto-Forex Pairs: BTC/USD LTC/USD ETH/USD BCH/USD BinBot Pro Minimum Deposit The minimum deposit on BinaryCent is $250 but for some regions, it is $500.

BinBot Pro redirects you to BinaryCent during the withdrawal and deposit process.

BinaryCent offers multiple transaction methods such as Credit card (Visa, MasterCard), wire transfer, WebMoney, Skrill, Neteller, Crypto wallets to accept cryptocurrencies.

The deposit process is quick and is process instantly.

BinBot Pro Withdrawal BinBot Pro offers multiple withdrawal methods such as Bitcoin, credit cards, Neteller, Skrill, and Perfect Money.

They charge a 5% transfer fee on credit card transactions.

BinBot Pro guarantees withdrawal processing within 1 hour.

The time it takes for you to receive this payment takes 2-7 business days.

Is BinBot Pro Scam or Legit? BinBot Pro Scam - Binoption BinBot Pro has been around 2016 and has a very good success rate of over 90%.

It has multiple trading robots and offers a regulated broker to trade with.

These reasons along with positive customer reviews make it a legit broker.

However, there has been a couple of complaints regarding this platform.

The thing with automated trading is, you are depending on algorithms and machines to do the trading for you.

This cannot ensure success every time, unlike popular beliefs.

Although not with complete certainty, we would like to say this platform is legal and you can use it for profitable trading.

BinBot Pro Cons Though it has many unique features for traders but it has also some drawbacks and they are –

Demo account lasts only one minute Demo trading results seemed suspecting to us Offers only one broker for trading Minimum deposits for top robots are high Conclusion BinBot Pro stands out from the rest of the auto trading by providing multiple robots that have a high success rate, multiple indicators offering vast technical analysis, and a convenient robot creation process both novice and experienced traders benefit from the profitable auto trading BinBot Pro offers.

However, there are a few things they could work on to improve further.

Their website feels lackluster to use.

They need to partner with more brokers to cater to more traders.

In conclusion, BinBot Pro is an excellent auto-trading robot that delivers what it claims to do

[interestinginfographics]

The Best Ichimoku Trading Strategy [for Quick Profits in 2019] [INFOGRAPHIC]

Learn how to trade Ichimoku and Ichimoku cloud using technical indicator trading strategies. Ichimoku is a Japanese charting method that was developed in 1969 by Ichimoku Kinkou Hyo. With this momentum indicator you will discover reliable support and resistance levels to determine market strength. There are several different components to Ichimoku trading, Tenkan-Sen line, the Kijun-Sen line, the Chio Span, and the Senkou spans. Learn how to quickly glance and understand basic interpretations of these lines for steady, consistent trading. Learn more in the guide. 

Source: ichimoku

[gunthyofficial]

Guide to Risk Management in Gunbot

«GunBot is a trading application that uses different strategies to buy and sell crypto coins continuous and automatically 24hr/365 days of the year at any of the 113 exchanges. GunBot comes pre-packed, so mainly it will trade for you without the need of being glued 24hr to your trading desk».   GunBot doesn’t have sentiments, it doesn’t fear, panic or express extreme happiness so it doesn’t make human errors, it’s based on algorithmic trading, which means its able to make decisions based on your specific strategy configured in the bot leading to a better ROI (return of investment).  

Guide to Risk Management in Gunbot

  Risk management is really important from any economic activity especially with a high volatility market like trading crypto coins and token in regulated exchanges.   Risk management in Gunbot, the triple R   In the world of economics, risk management refers to forecasting the risk associated with your investment. You need to analyze that risk in advance and take precautionary steps to reduce (curb) the risk  How to handle your asset’s portfolio is as critical as how you handle your loans or mortgage. This is especially important in crypto due to the high volatility of markets.  It’s just mathematically impossible you will win all trades but the most important rule is you win more trades than you lose with a positive "Risk vs Return Ratio" so, in the end, you are overall, in the long run, earning money.  From a trading bot perspective, it is about when to enter and exit the market and how to forecast the market for better entries and exits. Another key part is to plan your exit from a bad trade either via stop loss or DCA in the crypto market.   Specifically related to Gunbot:   Risk : means how much you want to risk in each trade and how much it will cost when trying to exit from a bad trade. Considering this you should check your entry and RR (return ratio) As a general rule of thumb, never invest more than 1% from your wallet the first trade. Return : where your profit expectations are or when to take profit and close the trade, honestly leave that to GunBot, never manually trade the cryptocoins the bot is trading, unless you are really advanced user, and specially the first time you trade with GunBot set a really short profit, like 0.25% to 0.5% gain from your entry. Ratio: It is the overall risk vs reward of your trade strategy. If you plan to exit a good trade at 1% gain and exit from a bad trade at 3% loss, you will need 3 profitable trades just to cover 1 loss. To put it simply, your strategy will need to maintain approx 4w/1L ratio to make profit (80% success rate). If you plan your strategy to exit at 4% profit and 2% loss (for example), then you will have generate a positive Risk v Reward Ratio.   "Make sure you plan your trade strategies carefully to keep in mind the 3R's"   How much could be my trading_limit my first test trade to minimize my Risk? «Never put more money on an exchange than you can afford to loose.»   My recommendation is the minimum possible in exchange plus 0.0001 to 0.0005 Bitcoin (convert to USDT / ETH if BTC is not your main base, in the case of Binance you can gather more info for each base here . In Bitcoin, the minimum trade amount will be 0.001 so we will set as TRADING_LIMIT in our Gunbot strategy as 0.00125 you will configure your Min-vol to sell and Min volume to buy like the picture below.  Go to settings page - Strategy configurator - your strategy and set the values accordingly.  

  Risk Management in Gunbot  There are several risk management strategies:   STOP_LIMIT: if the price is going down Gunbot will stop_limit your position and sell your cryptocoins at lost recovering part of your base from that trade, you can select specific % after coin loose it’s value in the market to trigger stop_limit, you can select that specific % based in local/daily or monthly support of that coin, so you can calculate from your entry where you should sell at lost and wait for next re-entry.   This can be set up in override or per strategy, I recommend per override in each of your pairs so it’s not a fixed % for all coins linked to that strategie.    Go to your Dashboard - settings - Trading Pairs add an override :

Click Add and save.   When the price hits that exact % down from your averaged entry point it will sell at lost.  you can check immediately at what price you sell at lost in dashboard.

  To configure per strategy :   Go to your Dashboard - settings - Strategies - Misc change your Stop Limit value to your desired % down.

  DOUBLE_UP: This is a Gunbot feature that allows averaging the price of your entry, that’s a really powerful technique but make sure you have enough funds to do it properly, so for a wallet of 0.015 BTC you should keep at least 75% to average in one pair if our TRADING_LIMIT is 0.00125.    To configure DOUBLE_UP: Go to dashboard - settings - your_strategy - Dollar Cost Avg.

  Toggle the button Double Up Enabled and   Configure your DU Cap, that means how much BASE i will invest when my DCA triggers, it can be a 1:1, 1:0.5, 1:03 ratio, here you can decide based on what was your bought price and local support, daily support, etc. Usually ratio 1:1 means you double the investment in that coin, so if you started with 0.00125 and the coin dropped 5% you will re-invest again 0,0011875 the first time, second time you will re-invest another 0.00225625, and if you do a third DCA you will reinvest 0.00428688 meaning that three DCAs starting at 0.00125 you will invest a total of 0.00898063 and as well means that the coin dropped 14.5 % from your price. Configure your DU Cap Count (Number of times you will average the coin). Configure your DU Method from the three available (HIGHBB, RSI, Numeric).   Gunbot has several methods based on different strategies: Conservative : RSI  Regular DCA we should use HIGHBB  Aggressive: Numeric (no matter the market state it will buy automatically when the coin drops the configured % down and the price level is hit) Recommendation is you set RSI 35% and then only will DCA if the coin is overbought in the configured PERIOD in your strategy.   Reversal Trading:   This is a Gunbot technique that allows your bot to sell the quote it holds in your exchange wallet and recover the base u were trading, so if the coin is dropping at a certain level you sell at lost, keeping your quote as the market is moving down your bot will rebuy at lower price keeping more quote amount that you had before and having a better entry price so when the trend changes upward you will be able to sell quicker with your configured gain setting.

  Login to your dashboard page - settings - your strategy  

you can get more information in our Gunbot Reversal Trading Ultimate Guide as this is a complex mechanism and maybe don’t will be advised to run it as first-time Gunbot user.   What trading period you should select? For starting GunBot and your first pair i recommend a period of 15 minutes, you will have a balance between being a large period and not waiting a lot to enter in the coin. This is the default period configured in GunBot. Your GunBot will start and finish a trade based on a default gain strategy between 5 minutes and 24h per trade depending on market if it’s bullish, bearish or sideways (estimated trade time could vary with real data) and will depend as well in your GAIN settings so if you set a too high gain it’s most likely that the coin will not reach that price, so it’s better to have more small trades than 1 big trade, you can play from 0.1 % to 1.5% as startup.   What trading strategy I could choose as my first time trading strategy?   In Gunbot there’re several strategies from the gain based in EMAs, BB based in the Bollinger bands, MACD, Ichimoku. etc...   So to recommend one to choose is quite difficult and is really personal taste and will depend on which one you’re more comfortable to work with.   you can grasp more information about strategies here List of strategies in latest Gunbot version

  Backtest your strategy in Tradingview or Gunbot itself   Tradingview: We have specific strategy scripts in the TradingView portal that you can backtest before adding that strategy in your Gunbot and see how your strategy will perform with real-time past data.   You can grasp about TradingView strategies simulator here.    Gunbot backtesting:   Go to your dashboard - Settings - Bot section - Watch_Mode   When you toggle on the watch mode your GunBot will simulate execute trades (Buy and Sell) and you can see if you strategy is good or no.  

  Have a good Gunbottin’! Read the full article

[lukkval]

SuperTrend Indicator - 2020 Guide - MultiCharts & TradeStation Download

Are you searching for SuperTrend Indicator? This post if for you!The Supertrend Indicator (ST), developed by Olivier Seban, was born as a tool to optimize the exit from trade, which is a trailing stop.Today is one of the most used tools by traders.In this tutorial, we will explain what it is, how it is used, and how to calculate it. You can also download SuperTrend free versions for TradeStation, MultiCharts, MetaTrader.  What exactly are you looking for?Click to scroll down  Table Of Index What is SuperTrend Indicator? How do you use the ST Indicator? How is SuperTrend calculated? Download SuperTrend indicator for Free

 What is SuperTrend Indicator?

The ST Indicator ST belongs to the category of follower trend indicators. These types of indicators signal the direction of the trend and highlight the continuation or changes of direction.This indicator works well in a trending market.And very similar in his conception to Wilder’s Parabolic SAR. However, the Supertrend has the merit of positioning itself horizontally, in a sort of stand by, in moments of price laterality, avoiding getting us out of position before time.We must always remember that all trend-follower indicators have a common flaw: they warn of the change of trend AFTER the change has taken place, not PRIMA.They are all indicators that update with an inevitable delay; they are not anticipators of the trend.Let’s see the two indicators in comparison: the SuperTrend is represented with the solid line, while the Parabolic SAR with the classic green dots (up) and red dots (down)

It is immediately noticeable that the continuous color change of the Parabolic SAR gives rise to many more false signals than the SuperTrendHowever, the ST has two enormous merits:1) It is straightforward to use because the identification of the trend takes into account the average volatility of the asset.2) It can be used with any timeframe and all financial instruments (shares, indexes, forex).Others do not do so and, therefore, often force them to leave the market too early.On the other hand, the SuperTrend filters many false signals, and this allows us to keep the position open for longer and increase the average profit.

A trend follower strategy to be successful must remain on the market as long as possible.The longer you stay on the market, the more trends you can take advantage of.At the same time, it also needs to come out quickly if the trade is going the wrong way.

How do you use the ST Indicator?

From a graphical point of view, the Super Trend appears as a red or green line that accompanies price trends.The red line identifies periods characterized by a negative trend, while the green line indicates market periods with a positive trend.When the line is below the graph, the trend will be upward, and it will, therefore, be preferable to open long positions.When the indicator line is above the graph, the trend will be downward, and it will, therefore, be preferable to open short positions;There are 3 different ways you can use this indicator:Filter OperationsThe ST show us the current trend, remember that we do not want to go against the primary uptrend or downtrend.So if the underlying trend is upward, we will only do long trades, if downward only short trades.In this way, we filter several false “counter-trend” buy signal or sell signal.The reversal of a trend occurs when prices cross the indicator line positioned at a given level from one side to the other.This level is defined as a roof or floor, depending on whether it is above or below the price scale.

We need it as a trailing stop.The ST can be used to manage the exit from another trading strategy.This indicator will keep us in the extended position until the indicator remains green or short until the indicator remains red.We'll get out as soon as the color changes.SuperTrend Trading StrategyWe could use a Supertrend Trading Strategy to find buy or sell signal.We open a long position at the change of color from red to green (buy signal is generated).Vice-Versa we can opening a short trade when green become red (sell signal is generated).Positions will close the next time the indicator changes color.Theoretically, we can always stay in the market – stop & reverse strategy – moving from long to short all the time.

With this technique, there will be no shortage of false signals, especially in phases of prolonged laterality.It will, therefore, be of fundamental importance to close the position in stop-loss if the market does not go in the desired direction.We prefer to suggest that you do not use it alone but integrate it into your trading systems with the use of other tools.Even if the ST is a very valid indicator, it is better to use it in combination with at least one other.We can use it together with the CCI, Momentum, ADX, RSI. Two SuperTrend Indicators - The Double StrategyThere is also the possibility to take advantage of ST not in combination with another technical indicator, but by combining two ST indicators.We can then apply the same indicator to the graph but with two different settings, one fast and one slow.In this case, when the fast curve crosses from bottom to top the slow curve, we have a long signal.When the fast curve returns below the slow curve, it is time to close the operation. We practically expect both curves to have the same color.

Which Timeframe to use for SuperTrend IndicatorAt first, we said that the SuperTrend has the advantage of being able to be used in every timeframe.In general, however, on intraday trading timeframes it loses its effectiveness, there is no single rule, it is advisable to make a few attempts on the financial instrument we intend to trade.Although it should always be remembered that the real trend exists only on long time frames, so from the daily up.

SuperTrend Indicator MultiTimeFrameAlways to limit false signals, we have built a SuperTrend Multi Time Frame indicator.You can find the article and indicator to download for free at this link.

How is ST Indicator calculated?

The ST is calculated based on a coefficient that is applied to the average volatility of the period considered.The Super Trend indicator is calculated using the Average True Range (ATR).The Average True Range is an indicator that calculates the average range of the last X seats and measures volatility.Once volatility is identified, the Super Trend is calculated by applying to the latter a volatility multiplier and a coefficient relative to the observation period over which volatility is calculated.It must always be borne in mind that the higher the weight of volatility, the wider the range of tolerance before a reversal of trend occurs.The SuperTrend Indicator Formula:Upper=(high+low)2+ (Multiplier∗ATR)Lower=(high+low)2− (Multiplier∗ATR)

Download Super Trend Indicator for Free

This is our custom Super Trend indicator coded in EasyLanguage for TradeStation and MultiCharts. You can download it for free.Download SuperTrend MultiCharts Indicator for FreeDownload SuperTrend TradeStation Indicator for Free

Conclusions

Is the ST Indicator a great indicator?The ST is, indeed, a great indicator.However, we always remember that when long sides are formed, the Supertrend generates many false signals, but it is still the biggest flaw of all the trending indicator.

Q&A

Can I use the ST for intraday trading? It is certainly possible to use it but we do not like it as a trading system because in the market the ongoing trend exists are on high timeframes. A correct ST trading strategy should be based on daily timeframes or higher.Is it the best trending indicator? For us it is the best trending indicator. The Super Trend Indicator is the one that provides fewer false signals, compared to parabolic sar for example Editors' Recommendations:SuperTrend Multi Time Frame IndicatorHow to AutoTrade DivergencesSuperTrend for TradeStation and MultiChartsHOW TO USE THE MOVING AVERAGES TO IDENTIFY THE TRENDCMO Indicator | Chande Momentum Oscillator | TutorialEasyLanguage TutorialFree EasyLanguage IndicatorEasyLanguage & PowerLanguage Tutorial - Time and DateIchimoku Indicator | Ichimoku Kinko Hyo | TutorialHow to read a Price Chart - Bar Chart - CandleStick - Kagi - Heikin AshiMoving Average: All about Moving Averages || 2020 TutorialThe Vortex Indicator || TutorialHow to Use the TradeStation Backtest to Analyze an InstrumentGraphic Technical Analysis - How to read a stock market chartsTutorial - Using EasyLanguage to Export Data From TradeStation to ExcelWhat is the Dow Theory in technical analysisYou can learn more about this indicator, reading these resources:Wikipedia Please insert your name and your email address. We will send you the Indicator for free !!!​ Your Information is safe with us. We respect your privacy! We will never share your data with anyone else who might. Please check your Junk E-mail folder Free Indicator for Multicharts​ Free Indicator for TradeStation​ Do you want to learn EasyLanguage & PowerLanguage for TradeStation and MultiCharts? Start here:EasyLanguage & PowerLanguage Master Tutorial A lot of free Indicators in EasyLanguage & PowerLanguage for TradeStation and MultiCharts: TradeStation and MultiCharts Indicators

Are you looking for a NinjaTrader SuperTrend? You can find it in the NinjaTrader Forum. Read the full article

[forexstat]

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SIMPLE and PROFITABLE Forex Scalping Strategy - In this video you will learn SIMPLE and PROFITABLE Forex Scalping Strategy - Ichimoku Kinkō Hyō which you can easily use in your everyday trading from M1 to D1 and beyond. You will observe how price is moving precisely from one target to another making you money like you wouldn't imagine was possible. Live trading with me will open your eyes like it did to many already. Risk warning: Trading foreign exchange and futures on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you, as well as to your advantage. Before deciding to invest in foreign exchange or futures, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and consult with an independent financial advisor if you have any doubts. https://video.forexreview.top/simple-and-profitable-forex-scalping-strategy-1_79f60fec3.html by

[freeninjatraderindicatorsbl-blog]

Better Business With Ninjatrader

The Ninjatrader indicator happens to rank among the most widely known of all dynamic industry standards for the management of trade and other purposes for order entry. This amazing indicator was chiefly designed with the specific aim of catering for the requirements and needs of clients with for purposes of trade. Keep in mind that ATM (Advanced Trade Management) technology was the main reason why Ninjatrader has managed to excel in the wide field that encompasses the management of trade. To this end, the indicator under review helps to secure open arrangements of clients. Should you have any kind of queries with regards to wherever and tips on how to utilize ichimoku ninjatrader, you possibly can e-mail us with our internet site. It makes use of an approach that is predefined. It also helps to prevent losses and to enhance the overall profit that is made by the owner. It is amazing that all these achievements come about as a result of systems which are semi-automated working together to work in unison. These systems tend to change depending on the particular requirements of the clientele. For instance, you can rely on Ninjatrader for the enrollment of order, for stops and even on auto break even pauses among others. In the same way, these indicators will help you as a client to get a key solution that is uninterrupted. This key will have the competence that is required of automated strategies in the state of the art levels. A sequential way will be formulated so as to be able to meet the unique needs of client. This will start with the wide development of a plan and the construction of the same. After this happens, optimization will take place before testing is done using live imitation models. Then they will be installing live through some account or other. The efficiency and effectiveness of trade cannot be over emphasized. This is the main reason why people would generally tend to rely on Ninjatrader. Most of the potent features will be added to help in supporting clients at each and every phase of trade. Eventually, this will enhance your opportunities for trade whilst you are in the market. Moreover, Ninjatrader is acclaimed at the international level for making trading to be much more beneficial and easier. With this amazing indicator, you will only need to click a button to place or modify an order. This is done using ATM technology which has helped to semi- automate how trade is managed at a higher level than is expected. The indicator under question is also useful when it comes to conducting technical research. This is also the case with trade in the real time while making use of very sophisticated chart windows. A couple of the benefits you will receive will include very fast entry of order, scaling and exiting and modification and entry of orders on single clicks.  

[bestcoinlist]

Do You Know With ParamountDax You Can Trade Directly From The Chart? (ATC)

New Post has been published on https://www.bestcoinlist.com/pr/do-you-know-with-paramountdax-you-can-trade-directly-from-the-chart-atc/

Do You Know With ParamountDax You Can Trade Directly From The Chart? (ATC)

Dear traders,

ParamountDax allow you to quickly and efficiently place and manage trades directly from the chart (Advanced Trading From The Chart), where you can drag them to the match price levels on your chart.

The ATC tools are available for carrying out market orders, limiting and stopping orders and orders for multiple assets. The main difference of ATC platform capabilities by ParamountDax exchange is the opportunity to set the price level in terms of the graphical showings. Unlike traditional trading, users set the price level graphically and interactively. The ATC options are available for traders worldwide due to the improved capabilities of the charting platform.

In this article, I show you what you need to know when it comes to choosing the type and the length of the perfect Trading From the Chart and the 4 indicators ways how to use when making trading decisions.

Technical indicators and how to use them to increase your profit

Indicators are additions or overlays on the chart that provide extra information through mathematical calculations on price and volume. They also tell you where the price is likely to go next. Technical trading involves reviewing charts and making decisions based on patterns and indicators

There are 4 major types of the indicator:

Trend indicators tell you which direction the market is moving in if there is a trend at all. They’re sometimes called oscillators because they tend to move between high and low values like a wave.

Momentum indicators tell you how strong the trend is and can also tell you if a reversal is going to occur. They can be useful for picking out price tops and bottoms. Momentum indicators include Relative Strength Index (RSI), Stochastic, Average Directional Index (ADX), and Ichimoku Kinko Hyo.

Volume indicators tell you how volume is changing over time, how many units of bitcoin are being bought and sold over time. This is useful because when the price changes, the volume gives an indication of how strong the move is. Bullish moves on high volume are more likely to be maintained than those on low volume.

Volatility indicators tell you how much the price is changing in a given period. Volatility is a very important part of the market, and without it, there’s no way to make money! The price has to move for you to make a profit, right? The higher the volatility is, the faster a price is changing. It tells you nothing about direction, just the range of prices.

Understanding these indicators will allow you to do technical analysis of the market, which can help you spot trends and capitalize on potential opportunities. As you can see, indicators are a great tool for you to use, they can help gauge trade entry, the direction of the market, and overall make you more confident to trade. ParamountDax is the unique platform in the market that offers key operations directly from the Chart. We are building the highest and unique exchange for the community. We know that the Community of traders is waiting for the launch of the platform, the ParamountDax team is very active in the development of the platform. With our ATC the traders can get better trading opportunities. Stay tuned for the date of the launch!

As always, your feedback and questions are welcome

Good luck! And see you soon!

Website: https://paramountdax.io/

View MVP: https://staging.paramountdax.com

And here’s how to get involved with the ParamountDax community:

Telegram: https://t.me/joinchat/LNehJxUX9sVoZabNrnaEZA

Twitter: https://twitter.com/ParamountDax

Facebook: https://www.facebook.com/Paramountdax-2024636494500768

Bitcointalk: https://bitcointalk.org/index.php?topic=5137789.0

Reddit: https://www.reddit.com/r/ParamountDax/

[coin-news-blog]

How Crypto Became a Gambler’s Paradise

New Post has been published on https://coinmakers.tech/news/how-crypto-became-a-gambler-s-paradise

How Crypto Became a Gambler’s Paradise

How Crypto Became a Gambler’s Paradise

Comparing cryptocurrency trading to gambling is like comparing crypto tribalism to religion: the analogy is correct, but it’s also tired. What bears emphasizing, then, isn’t that crypto trading and crypto gambling are often indistinguishable, but the extent to which the two disciplines permeate the cryptosphere. From the most popular dapps to the leading hacks, everything of interest within the space can be interpreted as a form of gambling. It’s the reason why crypto is so fascinating and so addictive.

The Whole World Is a Game

The gamification of everything is the endgame of life itself. Soon it will be impossible to go for a jog without receiving a high score or being showered in shitcoins for your efforts. Competition is what drives us as humans. The desire to be better than one’s fellow man or woman is the reason we’re here today on the internet, and not still living in mud huts. Combining money, mathematical puzzles, economics and copious amounts of game theory, crypto is a heady concoction of all the things that spur a man to get out of bed in the morning and conquer the world.

And the use of “man,” on this occasion is deliberate. There are many reasons why crypto has been historically male-dominated, some of which are too contentious or tangential to delve into here. This much, however, needs said: men are greater risk takers in life. It’s why their fortunes are more likely to fall in the extremes than in the mean: atop the mountain or in the gutter, but rarely in between. It’s also why crypto’s greatest success story so far has been letting men do what they were gonna do anyway: gamble, both literally and loosely, while striving to stack more sats than their peers.

Gambling on a Future for Dapps

What is altcoin trading if not a game to end up with more BTC than you started out with? Whether you get there through charting ichimoku clouds or rolling high-low in a crypto casino seems immaterial. To understand the extent to which gambling dominates the cryptosphere, there’s only one place to start – the dapp store. Hit up your favorite dapp tracker (Dappradar or State of the Dapps are probably best) and take a look at the most popular decentralized applications on each chain.

Top 10 dapps according to Dappradar

State of the Dapps notes six of the dapps in its top 10 as being gambling. Dappradar, which records more crypto networks, including Tron, also has six gambling applications in its top 10. Leading the pack is Wink, the betting platform that uses the same principles as Bitcoin.com’s Cashgames: instant wins, micropayments, and provably fair gambling. Wink can be accessed as a conventional casino or on a game by game (i.e dapp by dapp) basis. In most respects, Wink is indistinguishable from any other crypto casino, with the primary difference being the way in which it’s accessed.

Online casinos can be banned and geo-restricted, as often occurs at national level. Dapps, while not the censorship-resistant paradise their proponents would have them, are a lot harder to block. It’s no surprise that many of the most popular gambling dapps have struck gold in Asia, where download links are shared in Wechat groups and where wagering on life is a way of life for many.

Trading or Wagering?

Not all gambling dapps can be neatly filed into the gambling category. How to interpret Bulls vs Bears for example? Like many of the leading dapps on Tron and EOS, it’s dubbed as gaming, rather than gambling, and as a skill-based endeavor, that’s technically correct. Players don’t compete against the house, and since the game calls for predicting crypto market trends, there’s skill involved. With talk of a “dynamic wagering environment” and large jackpots, though, it’s clear who the dapp’s target demographic is. Like many new dapps trying to bootstrap, Bulls vs Bears relies on giveaways (in this case TRX tokens for signing up) as a means of getting bodies through the door, or rather users on the protocol.

In condensing the act of trading into basic binary options – high/low, bull/bear, the dapp bestows the same duality that bifurcates so many other domains in life, from U.S. politics to dead rappers. Are you a bull or bear? Republican or Democrat? Biggie or Tupac fan? Somewhere out there is a dapp for that, where you can wager on binary options for all the things you love and hate.

Further blurring the lines between what constitutes gambling and what’s trading is Guesser. Built on Augur, it’s technically a prediction market that uses crowdsourced wisdom to determine probable outcomes. In reality though, it’s a betting dapp, and a very neat one at that. Guesser appears to have given up all pretences of operating a prediction market, inviting users to “Bet up to” a certain amount on each market.

There’s More Than One Way to Beat a Dapp

While crypto users have been filling Telegram and Wechat groups with gambling dapp strategies, a handful of more enterprising individuals have been working on their own means of beating the system. In crypto, as in everything else, there’s always a way to fast track your way to riches, provided you don’t mind breaking a few rules along the way.

Eosplay usage briefly dropped to zero after an attacker found a way to drain the pool of EOS.

Eosplay is the sixth most popular gambling dapp on EOS. For a short while, over the weekend, it was also the most profitable for whoever rented a bunch of resources and used them to clean out 30,000 EOS from the contract. Call it genius, cheating or a bit of both, it was an effective case study in unorthodox ways to beat the house.

Just to summarise, someone rented a load of resources from REX and is using it to exploit a gambling dapp called EOSPlay. They seem to have walked away with about 30k EOS so far. Don’t panic, just wait and resource usage should go back to normal.

— rektkid (@rektkid_) September 13, 2019

People can moan about the rough edges around defi protocols, the unreadability of bitcoin addresses, and the complexity of wallet recovery, but not everything in crypto is quite so wonky. Gambling has been a mainstay since the beginning of Bitcoin, and developers have gotten extremely efficient at it. If crypto builders can approach other ecosystem verticals with the same gusto with which players and devs have approached gambling dapps, mainstream adoption is just a UX breakthrough away. Where there’s a will to innovate, there’s a way, and when there’s money wagering on it, no problem is too big to solve.

From casinos to bitcoin, formerly fringe interests have now been normalized, thanks to those willing to put a punt on them when no one else would. Where gamblers lead, the mainstream tends to follow.

Source: news.bitcoin

[lindajohnsonn]

Learn how to trade and use Point and Figure Charts

“Point and figure” charts – what are they and how to trade them

Do you want to know what is the difference between Point and Figure Charts and Kagi Charts? Watch our latest video to learn how to read point and figure charts and how to trade them.

Point and figure Charts – How to trade them

Hello and welcome to Diary of a Trader. And in today’s video we’re going to go over another type of chart option, that’s called, “Point and Figure”. You’ve probably seen this before. If I go up to the TradingView’s different types of charts that I can look at where we have Bars, Hollow Candles, Heikin-Ashi, Line, Area, Baseline, Renko, Line Break, Kagi, all those, but what we want is Point & Figure. And Point & Figure is going to be a lot like Kagi, or Renko, or Gann’s Swing Charts, you know, where with Kagi charts, there is no time involved. Point and  Figure is only a price driven style and that is all we need to worry about is just price and we’ll notice that we have Xs and Os and ultimately, you know, this is just time-based price movements that don’t take into consideration the time. And if we look at this, we see that the Os represent bearish movement and the Xs represent bullish movement. And right now, by default, what TradingView will do, is will set it to ATR and the reversal amount is shown as 3, so that means that we would need three of the Xs or Os to form a new line, and each line or column, as they’re called, is only going to have Xs or Os. So the ATR it says is 0.00015. The problem with ATR is that it changes and adjusts so it could change from one moment to the other, so I like to use, I’d recommend that you use the Static setting, so I could go with the Box Size, so each X or 0 is going to represent 5 pips. And then, the reversal amount of 3, means that when there are 3 or 15 pips of movement, that’s going to reverse the candlestick or, sorry, rather the direction and paint the Xs or the Os. So, if we’re looking at this Pound/Dollar chart, we can see it’s a very actually clean chart because we can really identify where a lot of our trend lines are going to go. So, we can see there’s a trend there, we have a short-term trend down here, we can draw our Fibonacci levels like we have sitting here. Let’s actually draw our Fib level from this swing to swing, for a long-term Pib swing and then we could also draw it from the most recent swings as well, from here to here.

And so, what is a common way to trade Point and Figure charts is that, let’s say that we know we are in a kind of a consolidative zone here, what we would look for to do is, let’s say we are trading in this range here, then we would probably want to put a buy level above the X of the prior column. That would be a good buy entry. Also, a good sell entry would be if we were trading up here, we took profit, we saw a low was made, but it didn’t breach a prior column low, we just keep looking and looking, and then finally, when we see that there is price that moves beyond the previous low of a column, that’s when we would enter in a short. And we can see this kind of progress as we go along. It’s also very easy to spot areas of support and resistance because they’re very flat levels. You know, for some people the 5 pips is too fast so we could actually go to 10 pips if we want, and then it will reduce the trade opportunities you have, but it will give you more accurate changes. That’s kind of the danger with a lot of these price-only based charts, like Renko and Kagi charts, and range-based charts and then we have the Point and Figure is that you can be stuck at a certain column for quite some time before it changes, but at that same time, you know, when you have a smaller brick or a smaller box size, then you run the risk of getting into a lot of false breakouts or you can end up just getting in and out of trades too fast. But then, the problem is you think, well I should go with a longer time frame or not a longer time frame, a higher box size, you get into the problem then of not getting very many signals and so that can sometimes bother people too. But the signals that you would get on the longer time, not the longer time, from the higher box count, are going to be more representative of an honest and sustained move. So, certainly, as we see here, in the most recent price action, we see that, when price rallied up a little bit and then we formed a new column of Os, when we broke the prior low there, you know, we can see, or actually, if you didn’t want to break the prior low, you could draw a triangle and there was a triangle there. When we broke that and painted a 0, then certainly the short trader was correct.

So, what are we looking for here, right where we’re at, well, the close here, on the circle, was 1.3160 and so, we are at a 10 pip count brick, so that means we would have to trade up 30 pips from here, so we would need to trade up to 90. So, once we got up to 1.3190, we would end up painting our green Xs on here and then that would tell us that we are getting close to some type of reversal. And then, ultimately, let’s say we had those green Xs fill up this entire column here, where would our buy entry be? We have a couple of options. We could buy up on the re-entry into this upwards trend line, or we could wait until we broke the previous X, the high of the previous X, we could trade that there too. So there’s a couple of options but Point and Figure charts, this is an old school way of looking at charts, it’s been around for quite a long time. It’s a very, very, very effective form of trading. In fact, if we use the Ichimoku or not the Ichimoku system, the Volume Profile, that is another tool in our trading toolbox that helps us with trading the Point and Figure charts. Point and Figure charts, again, just like Renko, if you are somebody who struggles with candlesticks and interpreting candlesticks or gets whips out of too much candlesticks, then maybe something like Point and Figure is that chart for you because not everybody can trade candlesticks. It’s not meant, you know, there are various chart styles because they adapt to certain people so yeah. Hope you guys found this video interesting and I look forward to talking with you in our future videos! Bye-bye.

The post Learn how to trade and use Point and Figure Charts appeared first on The Diary of a Trader.

Learn how to trade and use Point and Figure Charts posted first on http://thediaryofatrader.com/

[freeninjatraderindicatorsbl-blog]

How to be an online stock trader

   You'll need the right tools, the right training and the right characteristics. Firstly, you'll need to know when to hold on to your winners and when to ditch your losers. It's a well known fact that all successful professional traders have more losing trades than winners. That's right, more losing trades than winners. How is that? Simple, they sell losing trades quickly and hold on to winning trades to maximise their profits. Secondly, disciplined trading is the key. Setting target exit prices before even entering a trade allows the successful trader to exit losing trades with only a small loss. Setting exit prices for winning trades is just as important. As the price of a stock rises you can set an exit price to take profits. You don't have to exit the trade at this point however. But you must move up your stop loss to lock in those profits and sell if the stock price falls back and hits your stop loss. This can be summarised as follows: Carefully planning trades by setting clear entry and exit points Ensuring losses are kept as low as possible with stop-loss triggers Protecting profits with trailing stops Exiting the position when stops are hit OK, using this method won't get you in at the very bottom or out at the very top. Frankly, if you manage that you got lucky. But you will enter your trades on a rising trend and exit promptly if the market turns. Bottom line, you'll still be in the game ready for the next opportunity. If you want be a professional stock trader the trick is to be disciplined and take those profits whilst minimising your losses If you liked this write-up and you would certainly such as to obtain even more information concerning ninjatrader ichimoku kindly browse through our own web site.

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Learn how to trade and use Point and Figure Charts

“Point and figure” charts – what are they and how to trade them

Do you want to know what is the difference between Point and Figure Charts and Kagi Charts? Watch our latest video to learn how to read point and figure charts and how to trade them.

Point and figure Charts – How to trade them

Hello and welcome to Diary of a Trader. And in today’s video we’re going to go over another type of chart option, that’s called, “Point and Figure”. You’ve probably seen this before. If I go up to the TradingView’s different types of charts that I can look at where we have Bars, Hollow Candles, Heikin-Ashi, Line, Area, Baseline, Renko, Line Break, Kagi, all those, but what we want is Point & Figure. And Point & Figure is going to be a lot like Kagi, or Renko, or Gann’s Swing Charts, you know, where with Kagi charts, there is no time involved. Point and  Figure is only a price driven style and that is all we need to worry about is just price and we’ll notice that we have Xs and Os and ultimately, you know, this is just time-based price movements that don’t take into consideration the time. And if we look at this, we see that the Os represent bearish movement and the Xs represent bullish movement. And right now, by default, what TradingView will do, is will set it to ATR and the reversal amount is shown as 3, so that means that we would need three of the Xs or Os to form a new line, and each line or column, as they’re called, is only going to have Xs or Os. So the ATR it says is 0.00015. The problem with ATR is that it changes and adjusts so it could change from one moment to the other, so I like to use, I’d recommend that you use the Static setting, so I could go with the Box Size, so each X or 0 is going to represent 5 pips. And then, the reversal amount of 3, means that when there are 3 or 15 pips of movement, that’s going to reverse the candlestick or, sorry, rather the direction and paint the Xs or the Os. So, if we’re looking at this Pound/Dollar chart, we can see it’s a very actually clean chart because we can really identify where a lot of our trend lines are going to go. So, we can see there’s a trend there, we have a short-term trend down here, we can draw our Fibonacci levels like we have sitting here. Let’s actually draw our Fib level from this swing to swing, for a long-term Pib swing and then we could also draw it from the most recent swings as well, from here to here.

And so, what is a common way to trade Point and Figure charts is that, let’s say that we know we are in a kind of a consolidative zone here, what we would look for to do is, let’s say we are trading in this range here, then we would probably want to put a buy level above the X of the prior column. That would be a good buy entry. Also, a good sell entry would be if we were trading up here, we took profit, we saw a low was made, but it didn’t breach a prior column low, we just keep looking and looking, and then finally, when we see that there is price that moves beyond the previous low of a column, that’s when we would enter in a short. And we can see this kind of progress as we go along. It’s also very easy to spot areas of support and resistance because they’re very flat levels. You know, for some people the 5 pips is too fast so we could actually go to 10 pips if we want, and then it will reduce the trade opportunities you have, but it will give you more accurate changes. That’s kind of the danger with a lot of these price-only based charts, like Renko and Kagi charts, and range-based charts and then we have the Point and Figure is that you can be stuck at a certain column for quite some time before it changes, but at that same time, you know, when you have a smaller brick or a smaller box size, then you run the risk of getting into a lot of false breakouts or you can end up just getting in and out of trades too fast. But then, the problem is you think, well I should go with a longer time frame or not a longer time frame, a higher box size, you get into the problem then of not getting very many signals and so that can sometimes bother people too. But the signals that you would get on the longer time, not the longer time, from the higher box count, are going to be more representative of an honest and sustained move. So, certainly, as we see here, in the most recent price action, we see that, when price rallied up a little bit and then we formed a new column of Os, when we broke the prior low there, you know, we can see, or actually, if you didn’t want to break the prior low, you could draw a triangle and there was a triangle there. When we broke that and painted a 0, then certainly the short trader was correct.

So, what are we looking for here, right where we’re at, well, the close here, on the circle, was 1.3160 and so, we are at a 10 pip count brick, so that means we would have to trade up 30 pips from here, so we would need to trade up to 90. So, once we got up to 1.3190, we would end up painting our green Xs on here and then that would tell us that we are getting close to some type of reversal. And then, ultimately, let’s say we had those green Xs fill up this entire column here, where would our buy entry be? We have a couple of options. We could buy up on the re-entry into this upwards trend line, or we could wait until we broke the previous X, the high of the previous X, we could trade that there too. So there’s a couple of options but Point and Figure charts, this is an old school way of looking at charts, it’s been around for quite a long time. It’s a very, very, very effective form of trading. In fact, if we use the Ichimoku or not the Ichimoku system, the Volume Profile, that is another tool in our trading toolbox that helps us with trading the Point and Figure charts. Point and Figure charts, again, just like Renko, if you are somebody who struggles with candlesticks and interpreting candlesticks or gets whips out of too much candlesticks, then maybe something like Point and Figure is that chart for you because not everybody can trade candlesticks. It’s not meant, you know, there are various chart styles because they adapt to certain people so yeah. Hope you guys found this video interesting and I look forward to talking with you in our future videos! Bye-bye.

The post Learn how to trade and use Point and Figure Charts appeared first on The Diary of a Trader.

Learn how to trade and use Point and Figure Charts published first on http://thediaryofatrader.com/

[thediaryofatrader]

Learn how to trade and use Point and Figure Charts

“Point and figure” charts – what are they and how to trade them

Do you want to know what is the difference between Point and Figure Charts and Kagi Charts? Watch our latest video to learn how to read point and figure charts and how to trade them.

Point and figure Charts – How to trade them

Hello and welcome to Diary of a Trader. And in today’s video we’re going to go over another type of chart option, that’s called, “Point and Figure”. You’ve probably seen this before. If I go up to the TradingView’s different types of charts that I can look at where we have Bars, Hollow Candles, Heikin-Ashi, Line, Area, Baseline, Renko, Line Break, Kagi, all those, but what we want is Point & Figure. And Point & Figure is going to be a lot like Kagi, or Renko, or Gann’s Swing Charts, you know, where with Kagi charts, there is no time involved. Point and  Figure is only a price driven style and that is all we need to worry about is just price and we’ll notice that we have Xs and Os and ultimately, you know, this is just time-based price movements that don’t take into consideration the time. And if we look at this, we see that the Os represent bearish movement and the Xs represent bullish movement. And right now, by default, what TradingView will do, is will set it to ATR and the reversal amount is shown as 3, so that means that we would need three of the Xs or Os to form a new line, and each line or column, as they’re called, is only going to have Xs or Os. So the ATR it says is 0.00015. The problem with ATR is that it changes and adjusts so it could change from one moment to the other, so I like to use, I’d recommend that you use the Static setting, so I could go with the Box Size, so each X or 0 is going to represent 5 pips. And then, the reversal amount of 3, means that when there are 3 or 15 pips of movement, that’s going to reverse the candlestick or, sorry, rather the direction and paint the Xs or the Os. So, if we’re looking at this Pound/Dollar chart, we can see it’s a very actually clean chart because we can really identify where a lot of our trend lines are going to go. So, we can see there’s a trend there, we have a short-term trend down here, we can draw our Fibonacci levels like we have sitting here. Let’s actually draw our Fib level from this swing to swing, for a long-term Pib swing and then we could also draw it from the most recent swings as well, from here to here.

And so, what is a common way to trade Point and Figure charts is that, let’s say that we know we are in a kind of a consolidative zone here, what we would look for to do is, let’s say we are trading in this range here, then we would probably want to put a buy level above the X of the prior column. That would be a good buy entry. Also, a good sell entry would be if we were trading up here, we took profit, we saw a low was made, but it didn’t breach a prior column low, we just keep looking and looking, and then finally, when we see that there is price that moves beyond the previous low of a column, that’s when we would enter in a short. And we can see this kind of progress as we go along. It’s also very easy to spot areas of support and resistance because they’re very flat levels. You know, for some people the 5 pips is too fast so we could actually go to 10 pips if we want, and then it will reduce the trade opportunities you have, but it will give you more accurate changes. That’s kind of the danger with a lot of these price-only based charts, like Renko and Kagi charts, and range-based charts and then we have the Point and Figure is that you can be stuck at a certain column for quite some time before it changes, but at that same time, you know, when you have a smaller brick or a smaller box size, then you run the risk of getting into a lot of false breakouts or you can end up just getting in and out of trades too fast. But then, the problem is you think, well I should go with a longer time frame or not a longer time frame, a higher box size, you get into the problem then of not getting very many signals and so that can sometimes bother people too. But the signals that you would get on the longer time, not the longer time, from the higher box count, are going to be more representative of an honest and sustained move. So, certainly, as we see here, in the most recent price action, we see that, when price rallied up a little bit and then we formed a new column of Os, when we broke the prior low there, you know, we can see, or actually, if you didn’t want to break the prior low, you could draw a triangle and there was a triangle there. When we broke that and painted a 0, then certainly the short trader was correct.

So, what are we looking for here, right where we’re at, well, the close here, on the circle, was 1.3160 and so, we are at a 10 pip count brick, so that means we would have to trade up 30 pips from here, so we would need to trade up to 90. So, once we got up to 1.3190, we would end up painting our green Xs on here and then that would tell us that we are getting close to some type of reversal. And then, ultimately, let’s say we had those green Xs fill up this entire column here, where would our buy entry be? We have a couple of options. We could buy up on the re-entry into this upwards trend line, or we could wait until we broke the previous X, the high of the previous X, we could trade that there too. So there’s a couple of options but Point and Figure charts, this is an old school way of looking at charts, it’s been around for quite a long time. It’s a very, very, very effective form of trading. In fact, if we use the Ichimoku or not the Ichimoku system, the Volume Profile, that is another tool in our trading toolbox that helps us with trading the Point and Figure charts. Point and Figure charts, again, just like Renko, if you are somebody who struggles with candlesticks and interpreting candlesticks or gets whips out of too much candlesticks, then maybe something like Point and Figure is that chart for you because not everybody can trade candlesticks. It’s not meant, you know, there are various chart styles because they adapt to certain people so yeah. Hope you guys found this video interesting and I look forward to talking with you in our future videos! Bye-bye.

The post Learn how to trade and use Point and Figure Charts appeared first on The Diary of a Trader.