Strategy With Algobit Signals
Binary Options Strategy Is For Algobit Signals and 5 Minute Expiry
QUICK INFO: Binary options trading strategy with re-ligal of
algorithmic signals is yet different very simple strategy appropriate for beginners (or advanced traders).
algorithmic signals is yet different very simple strategy appropriate for beginners (or advanced traders).
Algobit is a type of signal service and trading platform all-in-one,
It is offered by one of the trusted regulated brokers (OptionBit). The
registration for the Algobit system is entirely free and you don’t have to make
a deposit to be eligible to monitor the signals and test the service. By the way, if you like to trade for exact
you will have to make a minimum deposit of $200. Minimum investment into every
trade is $5. If you make registration for a trading account with Algobit you
will also be eligible to trade on the OptionBit platform with this same trading
account.
Algobit Testing
To test of the short-term signals provided by Algobit algorithms shows the best
results for short term trades with 5 minute expiry times created in the less
volatile forex market. Depending on the market conditions the signal efficiency
can be vary from 50%-70%.
Confirmation Strategy Of Algobit Signals
The signals confirmation
system uses the most efficient Algobit signals which are the additionally
filtered with ADX to intend less volatile market, Stochastic to intend fast
overbought or oversold conditions and RSI to determine slower overbought or
oversold conditions. Forex info charts on this page are provided as help with
the signal re-confirmation. 100%, additional indicators may be used for signal
filtering. There are the full simple rules of the system bellow.
Rules of trading system:
1. Wait for the SHORT TERM CURRENCY SIGNAL given by Algobit.
2. Start the traded CURRENCY in the DATA CHART here.
3. If Algobit signal
for the traded currency is DOWN, use the technical analysis info chart on 5
MINUTE SETTING to ensure the signal. Signals are confirmed in the following
order if the:
- StochRSI values are Overbought or Sell (around or above
80)
- ADXs are WEAK or NEUTRAL (below 35)
- RSI value is Overbought or Sell (around or above 70)
You can gain experience with additional indicators for
strong signal confirmations.
4. If signals for the traded currency is UP, use the
technical analysis info chart on 5 MINUTE SETTING to ensure the signal. Signal
is ensured in the following order if the:
- StochRSI values are Oversold or Buy (around or below 20)
- ADXs are WEAK or NEUTRAL (below 35)
- RSI values are Oversold or Buy (around or below 30)
You can gain experience with additional indicators for
strong signal confirmations.
5. When you will be confirm the signal enter the trade with
5 MINUTE EXPIRY in the Algobit console.
