Triple X – Binary trading made simple

4 stars based on 74 reviews

Many binary options traders got started trading in the forex markets. They shifted to binary because the mechanics of trading were simpler, not because the analysis binary options strong indicator system easy any different. For that reason, the analysis is the same, it makes sense that binary options strong indicator system easy solid forex strategy would work just as well for binary options.

This is true of the Simple Balanced System. This system was first put forward on the website ForexStrategiesRevealed. Traders from all walks of life find this strategy to be highly effective for forex and you will find it is just as effective for binary options. This system uses a simple, simple but highly effective, combination of indicators to determine entry and exits for forex traders.

The exits are not that important to us as binary traders unless you are trading options with an Early Out feature. In fact, the exit signals may even provide additional entry points for short binary options strong indicator system easy entries in some cases.

The system relies on 2 exponential moving averages, a 5 and 10 bar, as well as stochastic and RSI. It is important to use the exponential moving average with this system because is gives added weight to the front end of the data set and tracks asset prices more closely than a standard moving average.

The stochastic and RSI both have custom settings, the only thing about this system that binary options strong indicator system easy not simple. This strategy can be used in any time frame but I suggest using daily, 4 hour or hourly charts for best results. Anything shorter than that is less reliable. This is how signals develop. Then wait for confirmation from from stochastic and RSI. For a put signal the opposite is true.

Stochastic should be pointing down following a binary options strong indicator system easy crossover and the RSI should be falling below the mid line or moving lower while below the mid line.

Because the original strategy is meant for spot forex it has exits as well. For binary traders these are pointless but we must take expiry into consideration. The signals given by this strategy are fairly strong and the asset moves into the money within a few bars. When choosing expiry using the daily charts a 3 day to one week expiry is recommended for the strongest signals.

On the 4H chart end of day, 3 day and up to one week expiry is what will work best, depending on the asset and strength of the signal. On the hourly binary options strong indicator system easy end of the day and end of tomorrow are what you want to target. This system is simple but its not a system, its a strategy.

This strategy provides analysis and rules for entering trades but nothing about position size, money or risk management. That being said if you use some sound money management techniques you should be able to produce consistent positive results with this strategy.

I like that it uses multiple indicators to provide signal confirmations, I also like that the combination of indicators is easy to use. Applying trend analysis is a good way to weed out false, bad and weak signals. Keeping support and resistance in the equation is a good way to weed out good signals that have an unusually high probability of failure. To me, this is a sure path to failure but it seems to work here.

It is in effect a stochastic reading of an RSI and displays exactly as normal stochastic. The only problem I see with this is that you will only be able to adjust the stochastic setting, not the RSI it is based on so it may not track exactly as intended. However, based on my back testing with the Russell index and daily charts it appears to work quite well.

What Is The Simple Balanced System This system uses a simple, simple but highly effective, combination of indicators to determine entry and exits for forex traders.

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If you want to create a really good working strategy, you should understand the market, its strong and weak points. Or you can design your own if needed to fill in the missing parts of the strategy.

So I decided to make some changes into some indicators and design my own ones which as a result became a part of my full method. As I said earlier, there are thousands of different strategies on the market and usually the majority of ones are too complex to apply.

Some traders think that if they have many indicators on their charts they would be able to take better trades. It is not true. In fact the more indicators you have on your chart the more difficult it will be to trade. It leads to confusion. It will be more difficult to see the real picture of the market as the indicators will be providing you with different market information that will lead you to confusion.

In my trading system your charts will be clear and easy and the signals will be easy to follow. Forget about cluttered charts! Forget about dozens of indicators on your charts! Forget about complex things! When using my system you will enjoy the simplicity it provides. My strategy provides you with the opportunity to trade the vast variety of options time expiries.

It does not matter what type of trader you are. It does not matter if you prefer short term or long term trading — my system will help you with all your tasks. The expiry range is from 60 seconds up to daily expiry.

Actually you can try trading even longer expiry but there is no need to do this as there will be very few signals on such long distances if your expiry is more than one day. Moreover why waiting for so long if you can make money within a day, several hours or minutes only?!

You can trade any financial instrument be it currency, metals, indices or stocks. And remember, my binary options signals software can provide you with all kind of signal alerts which simplifies your trading greatly. When you have a signal, the software will alert you with sound, pop up message window, email to your inbox and even will send you a SMS to your mobile device. All you need to do now is simply start using my trading system in your trading. That's really all you need in order to finally become a better trader and get rid of complex things which usually do not work.

You do not need any other binary options trading system or binary options indicator. Remember, all you need is an EDGE over your broker. My system gives you this edge. Your search for a truly working system ends here. You have finally found what you have been searching for. First of all Let me introduce myself to you.

I am a trader and software developer. Years ago I found a lucrative way to make money from the comfort of my home. I was introduced to the world of binary options trading. First of all it was like a hobby to me. I ran a software development company and my main source of income was from orders which I received to code different kinds of software which was not connected with financial markets in any way. Lately I started learning the world of financial market trading and found binary options as the easiest and most convenient way for me to trade.

After huge number of sleepless nights I finally managed to find a way of market analysis which worked out for me the way I wanted. I was happy to find something that worked but I faced some problem as well. When trading, my charts were usually cluttered with many indicators. If you already tried trading, I am sure you understand me how it feels when you need to watch a dozen of indicators on your charts. Actually it is not bad when you have many indicators. The problem is in how you interpret what they are showing to you.

Usually it is not an easy task because very often the indicators lead you to confusion and not to the right decision. I then worked more to choose the trading method and indicators which provided me with best results. I am not saying about huge winners overnight. I am telling about consistent long term results. This is actually what I needed.

I clearly understood real money was made step by step in a quiet pace and not by overnight success. Believe me, this is truth brought to you by already a successful trader.

When trading you need to be disciplined and dedicated to your trading method. And in order to be dedicated to something, you should feel comfortable when working with it.

I always prefer making things simple. I understood if I did not need to use a bunch of indicators, it would be easier to trade, first of all psychologically. Fortunately I was a programmer too and not a trader only. So I decided to put my strategy and indicators into a piece of software that should provide me with clear signals.

I did not want to sit in front of charts watching a dozen of indicators in order to not miss the entry. By the way have you ever thought of how a good strategy should look like? I mean what is actually a good strategy for you? What does it mean to have a good and reliable method of trading? Every person may have his or her own understanding of the matter but I am sure there will be one thing common in all answers.

Binary options traders are looking for a reliable strategy that will consistently grow their funds. Believe me if you are looking for a strategy that will be winning each and every of your trades, probably you will never find one. You should stop hunting for a strategy that should bring you only winning trades. This is a road to nowhere. Do not believe it. Or I would rather say you should understand such claims in a bit different way. So will such a system help you?

What you need is stable results. This is actually a very good ratio which will allow you to make consistent profits month by month and year by year. This is too dangerous and not a good way to trade if you want to stay in this business for long time. As mentioned above such things lead to confusion and reduces your win rate and influence trading in a negative way.

With my software you can have stable and good long term win rate. So this is what exactly you need in order to have an edge over your binary options broker. Actually I found most newbie traders are always hunting for such a high win rate. You have to trade at least trades to see a real accuracy of the trading system. When designing my method, I also tested it thoroughly adjusting and perfecting it.

Only long term results may bring you prosperity into your life. Only long term results can transform you from a newbie trader to a professional investor. And here is why I do not give and will never give you any promises of very high win rates or guarantees of overnight success because I do not want to say usual marketing fluff here.

My goal is to show you how really the things are going on in this business. I have tried many strategies available for buy or for free on the internet. There were systems that worked even worse which cannot be used in trading at all. The software predicts next candle! So we use 1 candle expiry. Actually the only limit is your broker which provides you with instruments for trading. But most brokers provides vast range of financial instruments to trade so if you wish you can trade as many instruments as you want.

It means you have plenty of opportunities. Moreover the simplicity of my system gives you the ability to not limit in how many instruments you trade. Now trading becomes much easier for you if you are using the Binary Options Beast trading system. Some people ask me questions like why do I need to share my software and trading experience with other people?

Would not it be better to keep this system for myself only? Well, the answer is simple. As I said earlier, I am not a trader only but also a programmer. Every programmer is a creator.

And each creator can be called this name if the result of his or her work is used by other people. So first of all I want to help other people from all walks of life who want to start investing in binary options trading. Why not doing this if I have the opportunity to do this? Moreover, I would not mind about additional money which I get by selling my system.