On the Internet, we often meet binary options signals. In this short article, I would like to discuss how binary options signals work and how they can be used. After all, if we ask the signal provider why and why he himself does not earn, then we will not be able to get a clear answer.
How Binary Options Signals Work
Having found an advertisement for binary options signals on the Internet, the tables and results are immediately striking. Which show what a high result these signals can give us. The effectiveness is written, on average from 75% -96%, positive transactions. Often there is also a video with a happy person who bought a super car using signals. But unfortunately, the truth is different. There are many scammers. Even if the binary signals themselves give the robot the results are exaggerated, and the person himself is just an actor. No one provides you with a decision-making algorithm, because it is secret.
Let’s look at how the signals themselves work.
To get signals, you need to choose a strategy or just a set of technical indicators that will signal at certain indications. For example, the coincidence of trends with the oscillator. Usually, all of this integrates with MT. When a signal occurs, it is sent to your mail. It’s pretty simple. However, there is a problem. The chart shows the price movement. That is. First, a quote appears, which is indicated by a dot on the chart. The second problem is indicators. Indicators are a schematic indication of a price or chart. After all, there is no overtaking binary options indicator. They all follow the price, the schedule.
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Who writes programs for binary options
Binary options signals are sent by a program, often written by a programmer. Who did not delve into the laws of economics or the cyclical nature of the market. At most, he read the formulas of the indicators. If we ask why if the market is above 70 in the RSI, we will not get an answer. People who write a binary options robot do not understand what binary options trading is and how the analysis is done. (Of course, not all, but the bulk of them).
Who Makes Money on Binary Options Signals
Programmers or marketers who sell these signals. After all, if investment companies hide their decisions and methods in complete secrecy, then why does a group of altruists give out these signals for free. They make money by selling signals. Even if the result is bad and the trader loses all the money, they don’t care. They just write a new robot, dress it in a different design and let it go again. Trying to catch those who like to make money effortlessly.
Signals from binary options brokers
Some binary brokers provide trading signals to their traders. We do not claim that their performance is low. We just say, if there is an opportunity to get signals with a minimum deposit, do a test. Check how much you earn, what the result is and what the risks are. We traded, for the test, with several brokers. The maximum reached 87%, but it was in the best month. At worst, more than 80% were in the red from the start. The deposit was lost. If you have taken signals from a binary broker, check with the results of your strategy. If you receive confirmation, trade further, if not, only according to the strategy. Don’t forget, binary options brokers are not responsible for the results of trades.
Inference:
This article is intended for those who wrote to us that they lost their deposit, using incomprehensible signals. To avoid this, ask to know the principle of obtaining this binary signal. Don’t pay if you haven’t done the test. And always check the results. You can’t trade blindly. This will lead to a 100% loss of the deposit. If you have even a little knowledge, trade with a binary options strategy. By understanding how strategies work, how to correct mistakes, you can start making money trading options.
Tagged with: Automated options trading • Binary Options Trading Signals
