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In this example we can see that the market is ranging for 30 minute and 1 hour trades which would be the perfect combination to open a binary brain wave trade. The range detector tells traders when the market is ranging or trending. In binary options it’s often best to take advantage of ranging market conditions, many trading systems like binary brain wave work best when the market is ranging. However, if you get a trade that says the market is going to go down you will have more confidence now to make that trade.
#BINARY EDITOR GSALI STRATEGY MANUAL#
So if you got a new signal from a software or a manual trade you want to place that is in the short term that tells you the market is going to go up, maybe you won’t place this trade.
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In this example above we can see that the software is telling us that the market is likely going to go down in 15 minute and 30 minute periods. My goal is to have 3/4 or 4/4 arrows in the same direction as the signal I receive, then I place the trade. This way if I’m unsure of a signal or a trade, this can give me the confidence to place the trade or avoid it. Now when I’m placing a manual trade, or even a trade with my favorite trading systems listed above I will check this tool and see if it believes the market is going in the direction of the signal. When I trade binary options I always have Metatrader4 open and recently I like to put this indicator on the charts.