Category Archives: Signals Trading

Investoo.Com Indicators; Good For NADEX Trading

Investoo.com Binary Options Indicator

Investoo.com is a website with a vast library of educational trading videos, indicators and signal systems good for a variety of trading styles. The service is based in England and registered with the FCS, number 82888880. A simple registration will get you access to the introductory level training videos while a one time uprage of $100 will get you the full package. Included are 3 MT4 indicator/signal systems based on PSAR, MACD and Stochastic and over 300 hours of videos organized into several courses targeting technical aspects such as candle sticks and strategy for binary options and forex traders. Click here for my full Investoo.com review.

NADEX Binary Options Signals

The goal of the website is to teach beginners how to trade, but they go far beyond that. Traders of any level can learn something from the videos and the indicator signals are a valuable trading tool. They produce easy to follow entry and exit signals that go hand in hand with the video lessons.

They are MT4 indicator plug-ins based on three standard indicators; Parabolic Stop and Reverse, MACD and what they call the binary options indicator but is really just stochastic (my favorite indicator). The indicators track prices and generate signals as they meet preset criteria, when used along with confirming and coincident indicators they perform pretty well. The caveat, and the website does not sugar coat it, is that false signals do occur, they offer no guarantees of wild success.

This is where the videos come in handy, they teach different methods of picking the good signals and weeding out false signals to help ensure win rates that will produce profits over time. I suggest using them to get least a basic understanding of trend along with the use of support and resistance levels.

In order to use the indicators for NADEX you will also need to use MT4. If you don’t have it it is an easy download as well but does not link to the platform. You’ll use the MT4 chart for basic analysis and signals that you will use to enter trades on NADEX. Once you download the indicators adjust to the time frame you like, the indicator will appear at the bottom and signals will generate in real time.

In order to use them to their fullest potential strategy is a must, simply following them blindly will not produce good results. Strategy includes things like only taking trend following signals. Expiry should be chosen based on the time frame of chart you are using. I suggest at minimum 30 minute candle sticks, I prefer one hour and one day for my trading, but they will work just fine with 2 and 5 minute charts for trading the 5 minute and 20 minute NADEX expiry.

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investoo trading for beginners

For more information about trading NADEX, using the platform, using the demo account and adjusting the settings for lightning fast execution speeds you must read my articles The Geeks Tips For Trading NADEX and NADEX Trading Tips; Your Account Settings And Executions Speeds.

Signals For 60 Second Binary Options Trading

Using signals for 60 binary options trading is the only way to be profitable. That being said, the signals you use and how you trade them makes a big difference. One thing that always needs to be considered is the lag time between when the signal generates, when you receive it and and when you are able to place the trade. I think it goes without saying that trading 60 second binary options is fast paced, so fast in fact that most signals from third party providers are old and out of date before you can place the trade.

60 second trading signals can work. They will produce profits, you just have to have to be quick enough to use them.

Copy Trading 60 Second Binary Options

The simplest way to get the quickest signals is to copy trade. Copy trading is when you follow another trader and have the trades they make for themselves execute in your account at the same time. While simple, copy trading is not easy, well, it’s not super easy. All you have to do is find some traders you like and follow them, and then keep track of how each one is doing and manage your account accordingly. Platforms I recommend are iFollow by SpotOption (numerous brokers), CopyOp by AnyOption, the Binary Replicator (now available at CTOption and Porter Finance) and the Trade4me.com social trading platform.

If I had to pick only one I would have to say that Trade4Me.com is the best of the copy trading platforms. It is a third party business that provides a platform for signal sellers and copy traders to interact. Sellers list their services along with full profiles showing trade style, history and performance. Copiers can choose the traders they like and subscribe to the services for a monthly fee. Fees are usually small, especially when compared to the profits you can make, and are easily recouped. Signals can be taken manually and used on any broker you like, you don’t have to sign up with a broker or make a deposit if you already have an account somewhere, or you can link a Stockpair account directly to the platform for automatic copy trading.

60 Second Binary Options Signals Trading

If you are not into copying and want to take signals on your own there are a couple of places to get them that I can also recommend. One is MarketsGear.com. MarketsGear is strictly a signal service, it is third party and not associated with any one broker. The service is free, but this means you will have to open a new account with one of their brokers.

This website delivers signals on just about every asset and for just about every time frame from 60 seconds to one hour. All you have to do is choose which ones to take and then stick with them. Their success rate runs in the range of 80% and they deliver hundreds of signals per day. Suggestions I have for trading them is to use only one time frame (in this case 60 seconds) and only one asset, whichever one you prefer, although I know some traders quick enough to trade to several assets at once.

Another source of fast signals for 60 second trading is V8Options, built on the Tradesmarter Platform. This broker has several unique features for traders but the ones relevant to this discussion are the social/copy trading features. One is a streaming list of trades as they happen. Each trade is displayed with the traders name and some basic stats such as win rate, you choose the ones you want to copy as they happen. The other feature is the Social Charts which display who traded when, at at what price, to help copiers choose who to follow.

MT4 Indicators For Binary Options Signals Trading

Another method is to use an indicator system to generate signals which is what I like to do. You can do this on your own with whatever charting package you prefer but the best method for binary options traders is to use an EA with your MT4. EA’s identify signals as they happen, give alerts when it is time to take a trade and can even be set to autotrade into a linkable account.

Any indicator can be coded into an EA, and there are lots of them on the market, but the ones I like the best are the Investoo.com indicators for MetaTrader. They have three binary options specific EA’s built around PSAR (parabolic stop and reverse), MACD (moving average convergence divergence) and stochastic that all come with high rates of success.

As an added bonus the team at Investoo.com will help you develop your own EA’s as well. If you have a system, or are working on one, they can help code it so that it will work on MT4 and generate buy/sell signals for you.

I like the indicator systems well enough on their own but it’s the rest of what they offer that really makes Investoo stand out from the crowd. At heart, Investoo is a leading resource for new and experienced traders that includes a video library with over 300 hours of lessons, binary options signals (over 200 per day) as well as the EA buy/sell indicators. The best part is that it only costs $100 to get the full package with no requirements to sign up or deposit with a new broker, although you can get the package for free if you do.

The Bottom Line

The bottom line is that 60 second trading is fast, its fun and it can be profitable. The trick is using the right the signals from a trusted source.

Recommended Signals For 60 Second Trading
Platform
Signals
EA’s
Videos
Copy Trade
Cost/Dep
CopyOp
NO
NO
NO
YES
$200 Dep
iFollow
NO
NO
YES
YES
Dep/Varies
Binary Replicator
NO
NO
YES
YES
$200 Dep
Trade4Me.com
YES
NO
NO
YES
Varies by Provider
MarketsGear
YES
NO
NO
YES
Dep/Varies
V8 Options
YES
NO
YES
YES
$250 Dep
Investoo.com
YES
YES
YES
NO
$100 or Deposit

Trade4Me.Com New And Improved Binary Options Copy Trading

Trade4me.com has long been a leading source of binary options copy and signals trading. The company has recently launched its 2.0 version which includes all the same great features we’ve come to know and love, and even more. The platform is a third party stand alone system linking copy traders with signal providers, signal providers with copy traders and traders of all kinds with brokers. The system is set up around a leader board with one major difference from platforms like CTOptions Trade Replicator and the SpotOption iFollow platform. Trade4.me is owned and operated by SAS NEUTRINO, an independant financial services company registered in France. SAS NEUTRINO is located at 28 Venelle De Kerivin, 29200 brest, France.

Copiers and leaders (signal providers) are kept separate. This means that as a copier you are only following traders who are making their own trades and not just other copiers. Upon sign up each member is given the choice, be a Follower or be a Leader. Followers can copy but not be copied, their profiles are private as is their trading history and they are not listed on the leader board. Leaders can be copied but can not copy, their profiles are public and their history is displayed on the leader board. Screenshots of the platform and leader board are provided at the bottom of this post.

Trade4Me.com Brokers, API’s, EA’s And AutoTrading

At this time there is only broker linked directly to the platform, Stockpair, but you can use the API interface to link to any broker or platform including MT4, MT5, Matlab, NinjaTrader, ThinkorSwim and Tradestation that allows it. All it takes is a few simple lines of code, complete instruction are provided on the website and technical support is available. In fact, the API interface allows you to use EA’s and tech support will help you code your own system if you have one. EA’s can be used by individual traders for signals, to send signals through your Leader account or to set up binary options autotrading.

If you already have StockPair account all you have to do is link it to the platform. If you don’t you can sign up on your own, or sign up through the Trade4Me.com platform but there is no requirement to do so. If you want you can follow traders and then execute the trades on any broker you’d like.

The platform also supports direct web trading with your Stockpair account. This means as a copier or signal provider you can trade directly from the Trade4Me platform. If you are a trade Leader, trades become signals and are sent to your followers and copiers. One bonus of using the web trader is advanced charting. Charts are great, display historical data in several time frames, displays data in candle sticks and includes the top trading tools and indicators. You can read my review for more on CySEC regulated Stockpair.

Trade4Me, For Binary Options Copy Trading

The leader board is set so it can be filtered in 5 ways; profitability (how much loot the leader has made), win/loss ratios, the number of trades made, the number of copiers each trader has and the number of followers. You may have noticed that there is no filter for asset but that doesn’t matter. The average copy platform may let you filter by asset but it’s an illusory concept; it doesn’t mean the trader you follow will only trade that asset or that you will only copy that asset, only that the trader has a good record with it. In order to find traders who trade a certain asset, or mostly trade a certain asset, look to the profile. Leader profiles include a trade history and a pie chart showing the breakdown of which assets are traded. The pie chart is good for a quick glance, the trade history is good for confirmation.

Trade4Me Copy Trading Accounts

Accounts are set up on a 5 tier system; Follow, Bronze, Silver, Gold and Diamond. Follow, the least expensive package, means that signals are sent whenever a followed trader makes a trade but the signals are not sent to the copy traders account, followers will have to make their own trades. From the Bronze package on up signals are automatically copied into your account with caps on trade size. Bronze accounts copy with trades up to $100 each, Silver is trade size up to $300, Gold trades are up to $1000 per signal and Diamond level trades are unlimited in their size.

As a copier, when you find a trader you want to follow, you have the option of choosing which trade package you want. You can follow as many traders as you like, each of them with a different package. As a signal provider you set the price on each level.

Leader Board

Trade4me Copy Trading Leaderboard

StockPair Web Trader

trade4me-stockpair-webtrader

Advanced Charting

trade4me-advanced-charting

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Trade4Me.com Profiles

trade4me-profile

Candlestick Signals For Binary Option Social Trading

If you’ve been looking for a magic bullet to help you trade binary options this it. When I learned about them I felt as if I had found the secret I was looking for, like the wool had been pulled from my eyes. Price action jumped off the screen, I could see support and resistance with only a glance and my other technical tools, which up until then were nothing more than barely understood theories, clicked into place. I’m not here to tell you that using candlesticks is going to make you a millionaire overnight but I will say that a study of them and their principles can boost your overall success.

Candlesticks are the #1 tool for binary traders and I’ll tell you why; they turn trading into a game. That being said, trading is not a game, we’re talking about real money and real risk. What I mean is that candlestick charts animate market action to a level that is very much like a video game. The bulls are one color, the bears are another; their interactions displayed on a chart like a real-time x-ray of price action. Compared to other forms of charts, and in particular those crappy little ones provided by most brokers, there is no comparison. Candlestick charts are the only way to go.

What Is Candlestick Charting

Candlestick charts date back to the days of feudal Japan. In those times rice was like money, more valuable than gold. Rice was traded on the open market and even used as payment for samurai and others. Eventually rice farmers began to sell futures on their crop, that is, they sold next year’s crop at a price decided today. The price of next years crop changed from day to day along with supply/demand and to track this what we now call Candlestick Charting was born.

The feature that makes them so different from all other forms of charts is the 3 dimensional representation. The closest thing to them are O-H-L-C (open, high, low, close) charts which are drawn as skinny lines. The candlesticks expand on that by creating a rectangle around the open and closing prices, with wicks extending out to the high and low of the period.

candlesticks_basic

Many dozens of signals are formed by the candles. Some of them, like harami’s or engulfing patterns, have equivalents in other forms of charting; a harami is basically an “inside day”. The signals all have names that sound like Kung Fu moves; harami, doji, dragonfly, piercing pattern, hanging man, cloud reversal and three black crows to name few. When mastered, these patterns give very powerful short term signals and confirmations for longer term signals.

Candlestick Signals For Binary Options

candlestick courseI’m sure by now it is easy to see just how useful Japanese candlesticks can be. There are many sources of information on the internet but I suggest social traders get a book and learn to read candlestick signals on their own. There are many books on the subject, a few I can recommend are “The Candlestick Course” by Steve Nison and “Candlestick Charting Explained” by Gregory L. Morris. Morris gives a fantastic and in depth introduction to candle charts, signals and application. Nison, the man responsible for bringing this technique to the west, goes beyond the basics and provides an in depth course into the application of candle signals in every day trading.

Like all means of technical analysis the candles are cold, no pun intended. They signals, bullish and bearish, can occur in the market randomly based on day to day, or moment to moment, fluctuations in sentiment. The signals are best used in conjunction with other tools in order to establish trends, support, resistance and the proper perspective for reading each signals. One man’s Harami is another man’s Spinning Top. Investoo.com has dozens of videos teaching candlesticks and candlestick strategies and is a nice compliment to your book learning. Why wait when you could be profiting from these signals right now!