Awesome MACD: simple binary option profit

 When delving into the realm of profiting through binary options, complexity isn’t the key. Simplicity coupled with proven technical tools like the Awesome Oscillator and MACD on QUOTEX can pave the way.

The Awesome MACD strategy holds key traits:

• Type: Reversal or rollback trends
• Timeframe: Universal
• Asset: Any currency pair with a fixed 2-3 point spread sans hidden fees
• Trade time: All Forex sessions
• Recommended expiry: Starting at 5 minutes

Setup involves the minute timeframe, 5% of the current deposit as the option amount, and a 5-minute expiration. For cross pairs, consider extending the expiration to 7-10 minutes. Crucially, refrain from altering the option amount.

Maintain default settings for the Awesome Oscillator and MACD on QUOTES.

Awesome MACD: simple binary option profit

Trading signals hinge on a strong indication: a dual oscillator zero-level breakthrough. Patience is key; avoid options based on a single breakthrough. Local rollbacks and corrections confirm trends and perform well during high volatility periods.

Candlestick patterns often precede signals, especially reversal ones for scalping, while trend continuation patterns suit timeframes beyond 10 minutes.

For instance, a ‘Pin Bar’ reversal candlestick marks the start of a new trade, often seen at trend endings or pullbacks from trend channel borders. Oscillator trends affirm an uptrend continuation, signaling an opportunity for an UP option when the price resides mid-channel.

Beyond indicators, there are crucial pointers:

• - Indicators lag; especially noteworthy for Moving Averages in the MACD strategy.
• - High volatility might lead to consecutive losses; consider switching to larger timeframes.
• - Altering settings on both indicators minimizes false signals.
• - Steer clear of trading during pivotal news cycles; even the most robust strategies wane amidst breaking news.
• - Binary profits usually fall short of the number of deals; aim for consecutive profitable trades to offset losses and secure overall profits.

In summary, this strategy, using two oscillators in tandem, serves as a reliable tool for confirming trend reversals and pullback beginnings/endings across any timeframe and trading asset. While additional tools aren’t mandatory, incorporating Moving Average crossovers or channel indicators can enhance border reversal trades. The crux remains—adhere strictly to money management and execute options only when all strategy conditions align.