In this article we talk about how to use vfxAlert Autotrade to trade binary options. To start download vfxAlert for Windows or Mac OS and connect with a Pocket Option broker.
Set up signal preset
Trading Asset: Forex OTC assets: GBPJPY OTC, EURGBP OTC
Expiration: 15m
Algorithm: Trending
Power: 3,4,5
Amount: no more than 1-3% of the deposit, then you can increase it if the market allows.
Set up conditions for automatic trading
Trends predict the market's likely direction for the next 10-15 bars based on the chosen timeframe. For auto trade settings indicator values range from 0 to 10. A value of 0 represents the strongest downtrend, while 10 represents the strongest.
Trend indicators should be confirmed by at least one oscillator indicating an overbought condition when buyers can no longer move the price up or oversold, where there is almost no one in the market to sell at lower prices. Use RSI.
CALL Option: Trends >=8, RSI> 70
PUT Option: Trends <= 2, RSI< 30
Enable Auto Trade.
Remember, the auto trade opens deals only according to the conditions you set. He does not see candle patterns, does not read the news, does not analyze past trades. Always follow strict money management, periodically check the result. Pause auto trade if there are several losing trades in a row.