“Which indicator is easy to use, and what are the settings?”
“The easiest indicator to use might be the Parabolic. Traders would be able to identify market direction by only spotting the colour of Parabolic dots. Take a look at this video here to find out more: https://youtu.be/evHyen1yq7Y”
A lot of you might think the Simple Moving Average is the easiest indicator. Though I said otherwise, I would say the Parabolic might be the easiest for beginner because all you need to do is to spot the difference between blue and red dot.
- Red dot: Price is heading downward;
- Blue dot: Price is heading upward;
Simple as that. And in order to improve the accuracy of the trades, we will be adding in another simple indicator, the MACD. Using these 2 indicators would help you to have a certain winning percentage in binary options trading, mostly importantly it is easy to use!
Take a look at the video to find out more about the strategy! If you have any question, feel free to come and talk with me anytime.