Recently, we’ve released a long-awaited trading tool. It’s called Trading Signals. This article will help you figure out how it works, how to use it, and what makes it so beneficial.
What is Trading Signals?
Trading Signals is a trading tool that allows you to get automatically generated signals to trade. They are created for all the FTT assets on the platform and contain information on what direction the price will probably move and when it will happen.
For example, you receive the signal “1 min UP”. It means that in 1 minute, the price of a specific asset will rise. 1 minute is the expiration time for a trade that can be made.
Recently this tool has become available in our Android app as well – so you can check its impressive effect just at your fingertips.
Trading Signals rely on technical analysis principles and don’t give you a 100% guarantee of success. Remember that trading is risky even when you use a trusted and proven tool.
How can I use Trading Signals?
To use a Trading Signal, press the button in the chart setting menu. You’ll see the short description of a tool and the search icon. When it disappears, the ready-to-use signal will be created.
Information on the signal is given in a separate block. If you’d like to use the signal:
— Press the Use button below the description of a signal
— Press the UP or DOWN button in the traderoom, depending on the forecast
— Wait for a trade to close and celebrate your success if the trade is beneficial!
There are a couple of nuances you should know.
First, you can cancel the signal usage if you change your mind. This option is available when you press the Use button but don’t press the UP or DOWN button.
Second, you have only 30 seconds to use a specific signal. In 30 seconds, the Use button becomes unavailable.
How often do signals appear?
Trading Signals are created every 1 minute. A signal can have the 1-minute, 3-minute, or 5-minute expiration time.
For example, if you use the 3 min DOWN signal, the trade will close in 3 minutes. If the forecast is correct, the price will rise by that moment.
If there aren’t signals for a specific asset, you can try again or choose another one. Also, you can turn on the multi-window mode and trade two assets simultaneously. There are always plenty of opportunities to trade in the market!
Are there any limitations?
Yes, a few. You should have a VIP or Prestige status to use the new tool. If you are a Free, Standard, or Gold trader, please upgrade your status in the Cashier — the tool will immediately become available.
For now, Trading Signals is only on the desktop version of Binomo. Please switch to the new chart version to turn it on. The old chart version does not support it because it can’t provide the best trading experience.
Trading Signals aren’t created for the 5ST trades because the mechanics is too fast.
Can I try the demo version?
This tool doesn’t have a demo version. You can immediately try it on the real account as a VIP or Prestige Binomo trader.