VfxAlert - signals for binary options
Independent trading of binary options, contrary to the general misconception about its simplicity, in practice turns out to be an extremely difficult task.
Advertising convinces you of quick earnings and easy money, while misleading you that it is extremely easy to guess the price direction, and you can get a substantial reward for a correct guess.
Besotted beginners, relying on their intuition, manage to open up to several dozen transactions and ultimately lose their entire deposit.
The fact is that binary options are a professional exchange asset, which, like everyone else, is extremely difficult to predict. In order to make your forecasts systematically, and not like playing roulette, you need to have a number of knowledge and skills that are developed over years of study and independent trading.
Program installation
After registering on the official developer page, you will receive a link to download the program. The installation process itself is no different from installing any other program or game, the only thing you need to do is confirm the license agreement.
After you install the application, you will need to enter the username and password that you entered during registration. Actually, after the first launch you will receive the following program:
Versions of the program
The developer of the program offers three versions of his brainchild to choose from.
The first version, called “FREE,” has extremely limited functionality, but it contains the most important thing – signals. This version is completely free, but you will see a lot of annoying advertising. The second version “Lite” is provided on a paid basis and, in addition to signals, it includes heat maps, signal statistics, the ability to send messages, and signal filters.
The price of this version is only 100 rubles per month. The third version “PRO” has even wider functionality than “Lite”, and using this particular version, you can trade in one click directly in the program, which simplifies working with signals.
The choice of version depends on your preference and financial capabilities, but the free version is quite enough to receive trading signals.
VfxAlert functionality.
Working with signals and strategies The VfxAlert program allows you to choose one of three strategies by which you will receive signals.
Each strategy is broken down by expiration time. The platform has a built-in trend trading strategy with an expiration time of 15-30 minutes, a reversal one with an expiration time of 15-30 minutes, and also a short-term one. It is worth understanding that the trend strategy is designed for trading behind the global trend, the reversal strategy is designed for trading against the trend , and the short-term strategy is for scalping on minor market fluctuations.
To select a specific strategy, click on the corresponding designation in the upper left column.
You can also select a list of currency pairs for which you want to receive signals.
The process of using the program is extremely simple. After you have chosen a certain strategy for which you need signals, windows with a sound signal will appear in front of you in the left column. This window will indicate the price of the asset, in which direction to buy the option, its expiration time, as well as the time that has passed since the signal appeared:
If you work with the free version, you will have to keep your browser open in parallel with the broker's platform in order to open a position on time.
Additional functions
In addition to the main function of receiving signals, the application has a built-in economic calendar from the investing company, as well as a summary of trends in various currency pairs and time frames .
In order to take advantage of the additional functionality you are interested in, you need to switch between the tabs on the top line.
Particularly useful is the table of market trends and, in the paid versions, the so-called heat maps.
Thanks to the market trends table, you will be able to filter out false signals and buy only those options whose signals clearly follow both the short-term and global trends. If you are lucky enough to own the paid version, you can use heat maps.
Their essence is that the system collects data and displays information on which market trends and what percentage of profitable transactions were closed based on signals. Thus, you can trade not only based on signals , but also filter them for certain market conditions.
In conclusion, I would like to note that the VfxAlert program is an excellent short-term solution for many new traders. However, it should be noted that the main disadvantage of the program is its attachment to one broker, which is not always convenient if you are used to working with a specific company.