Signals INTRADE.BAR

For binary options trading at the broker INTRADE.BAR, a multidisciplinary tool is available to traders TradingView integrated into the platform’s trading terminal. This tool helps traders to conduct high-quality technical analysis, as well as shows signals for opening deals. In addition to standard tools, third-party tools can be added to the platform.

When applying indicators and oscillators on the broker’s platform, the trader can receive signals, but you should not always trade exclusively on alerts, because cues can be false, and some of them show not the entry point, but the behavior of the price. Let’s look at the most popular signals on intrade.bar and determine which of them cannot be relied on to enter the market.

Color lines

The color lines are often perceived by novice traders as a cue to open a trade. It is believed that the appearance of a green line on the chart is an alert for a rise in price, while the red line, in turn, is an alert for a decline. Everything is true, but it is necessary to test the trading using color lines and combine them with other indicators. Working with these lines directly depends on the indicators used by the trader, let’s consider the signals on the example of the strategy for trading at INTRADE.BAR – “Way”.

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This strategy uses medians of “CM Stochastic MTF” and “ADX and DI” indicators. In this case, the color indication can be considered as a trading signal, but only when the movement is combined with the median ADX. The deal opens on a rise when the green indicator strip is combined with the growth of the median ADX. An accurate downward cue is when the red bar coincides with a rise in the ADX. You can also use other tools to obtain accurate analysis results, depending on the trading tactic used.

Sound alerts at a BO broker

In the standard broker’s terminal, there are no audible trading messages alerting the trader of suitable entry point conditions. But you can connect a trading robot to the platform, which can be set up for automatic and semi-automatic trading. In this case, you won’t have to monitor the chart. The robot will give sound alerts and you will be able to decide whether to open a trade or not. Please note that according to the rules of the service, robots should not use prohibited tactics.

False signals

On forums new traders often complain about false alerts. According to their statements the terminal often gives incorrect prompts which do not bring profit. Experienced traders respond to these allegations that false alerts, as with any broker at Intrade Bar, can occur. But this phenomenon is not frequent. Another thing is that beginners do not know how to analyze the chart. Neglecting the technical analysis, they open transactions “for luck”, which leads to a high percentage of losing transactions.

Experienced traders know that any entry point must be checked. It can be checked by using different instruments used in the trading strategy. That is why it is incorrect to say that there are a lot of false signals on INTRADE.BAR. To avoid serious financial losses beginners are recommended to start trading on demo account. This will allow them to learn to analyze the chart, build strategies and see the entry points. Also read on our website what strategies you can apply on INTRADE.BAR, how to enter and register on the platform, what you need to know about account verification and how to withdraw your earnings.