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Did you know that asset prices often make turns the next day after a 20-day minimum or maximum? This is true for any scale, since the market repeats itself on all timeframes. The 20+RSI strategy is based on this principle: you need to count 20 candles back to predict a turning moment. Setting up the template Open the Binomo platform and select 1-minute timeframe on the candlestick chart. Set the RSI indicator period at 14, with the overbought and oversold levels at 70 and 30 respectively. Using the Rectangle tool,…

How to make Three Screens signals even more profitable? We know how: change the timeframes, add moving averages and… don’t miss the moment! Here’s a step-by-step tutorial on how to properly and efficiently trade on the Drifter strategy. Setting the template Apply two MA (moving average) indicators to the quotation chart. The first MA should be set as follows: Exponential type, Period 10, Red color. The second is configured like this: Exponential type, Period 114, Purple color. Open three screens with timeframes of 30, 15 and 5 seconds. You need…

The information you see below will help you learn to use the Pin Bar as a tool for making profit. This pattern is easily recognised on charts: it’s a candle with a small body, a small shadow on one side and a big shadow on the other. Traders call it “Pinocchio” and consider it a good balid signal for making deals. Pinocchio usually appears at the top or the bottom of the trend just prior to a turn. The long shadow of the Pin Bar always faces the direction of…

The Flag figure forms in the course of a dynamic price change, for instance, following the publication of important statistics, speeches, political events. When this is the case, quotes usually grow or fall sharply and enter correction from time to time. When the Flag appears it means the correction is over. In other words, if you detect a Flag and close the transaction in the direction of the trend, you’re highly likely to make a profit! What does the Flag look like? As we mentioned above, the Flag appears during…

In the evening and at night the market “flats”: it moves calmly within a price corridor. Fluctuations are small, but predictable. Now we’ll tell you how to determine the turning points of quotes in flat. Preparing a template First, choose the Bollinger Bands indicator with the default settings. It will show the moments of maximum price deviation from its mean value. Then select the RSI (Relative Strength Index), which will indicate price reversal points. Apply these settings: Length – 9 Overbought level – 70 Oversold level – 30 Add the…

You have probably noticed that the most effective strategies often use the MACD indicator. And what will happen if you take two MACD instead of one? The performance is doubled! The key point is to achieve their right configuration and understand the signals to start trading. This is what we are going to teach you now! How to set the indicators Traders who want to make use of this strategy should apply the two MACD indicators to the chart. To do this, click on the “Indicators” button in the lower…

The IQ Option team interviewed the trader Fabio Spirandelli, who has been working for more than 2 years at the brokerage firm and learned about IQ Option through a friend who introduced him to binary options. Fabio works in the commercial sector. He previously worked for a vehicle repair and trade company, and in Multi-Level Marketing. After some disappointments in Marketing, he came to trading. – How do tournaments work and what do you need to win? – There are several tournament modes with different durations and amounts to fit…