Binary signal from vfxAlert, what is it?

If you are into trading, you know that the quality of the trading signals is very important. The signal is the main source of information for a trader. It is not easy to find professional software for traders although the market of applications is large. But you don’t need to search anymore. Meet vfxAlert, the advanced software developed for trading with different assets. With this application, you can trade forex, binary options, stocks, ETFs, even cryptocurrencies. If you want to know how this application looks like, watch the video. You can trade online or download the soft.

With vfxAlert, the trader has all the important information in one working window. As you see in the picture there are the trading signals on the left, the broker’s platform on the right, and the chart in the center of the screen.

The binary signal is the informational alert with a recommendation for action. These alerts appear when several predetermined factors match. The binary signal includes information about the number of profitable options in the past. Here is the structure of the vfxAlert signal.

Structure of signal

1. Asset — currency pair used in trading.

2. Price — price when the signal appears.

3. Time — a time when the signal appears.

4. Expiration — a time of the signal’s expiration.

5. Power — number of profitable options in the past with this combination of indicators.

6. Signal — CALL or PUT options.

7. Algorithm — signal generation algorithm.

8. Heatmap — statistical winning percentage collected for the values of the technical indicator on a different timeframe.

As you see, such a structure allows the trader to receive the maximum useful information.

Heatmap and signal power are the main instruments for technical analysis. The program uses compelled signals from the database. Basing on this information, the program creates the statistics on successful signals.

Power and Heatmaps of binary signal

Here is the binary signal power. The more columns are colored, the higher is the power. When all columns are green or yellow, this means that in the past the were many signals with similar conditions that have ended in profit. Heatmap shows the movement of price from the last max/min points. The "warmer" (brighter) the price, the closer is the possible trend reversal. The points on the scale represent the level of profitability in a certain moment of time, from 1 minute to 4 hours. Watching the changes in the heatmap during the day allows calculating the most profitable signals.

If you want to know more about the heatmaps and signal statistics, watch the video.

How to trade with vfxAlert

The binary signal is a very important thing for a trader, but you should remember that signal it’s just the recommendation. Profitable and intelligent trading requires the system according to which you will put or call the options. In other words, you need a trading strategy. A trading strategy is a methodology following which the trader chooses the assets and opens the options. If you want to know more about the different trading strategies, read our material.

Steps for the successful trading

Open the Free account. In the free account, you can trade safely and develop a trading strategy. All basic assets are available here.

Learn more about different strategies and practice regularly. Read about technical analysis and different indicators.

Find a trustworthy broker. You can read the review of the traders on the internet or ask the trading community.

Don’t let the failures break you down. Remember, you just learn, and the mistakes are part of the learning process.

When you will be experienced enough to trade with real money, open the Pro account. Here you will receive the additional analytical instruments.

Download the vfxAlert