Red green candle strategies for binary options
Why does the trading method that uses candlestick color appears in IQ Option?
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In the Japanese candlestick chart you see at the IQ Option trading interface, there are 3 types of candlestick colors that you signals binary options demo account see including Green Opening price is lower than closing priceRed Opening price is higher than closing price and Colorless Opening price is equal to closing price.
Three colors of the candlestick in IQ Option Theoretically, there will be such 3 candlesticks. But when you trade options in IQ Option, the price is rounded up much smaller less than 10 times the reference price at other reputable websites.
Two types of green and red candlesticks will appear more often. How to open options with candlestick color in IQ Option This IQ Option trading method is mainly based on your skill of waiting and opening options. For example, if you trade with the color of a 1-minute candlestick in IQ Option, then do the following steps.
First, adjust the candle time period in IQ Option interface to 1 minute. Adjust the candle time period red green candle strategies for binary options 1 minute in IQ Option Second, choose the remaining expiration time which is over 1 minute. Or the current time at the bottom must be at 00 seconds.
It involves identifying the formation of typical candlestick patterns. The trader should trade only when they see such patterns, otherwise, no trading recommended. In this Candlestick strategy, we look for the formation of a candlestick RED or GREEN which is of a different color than the two previous candles and tits size is bigger than the previous two candles. To begin with this trading strategy and start trading, the first thing you need is access to an online trading platform.
Make sure that the time you open a new option is equal to the beginning time of a new candlestick. And the candle time period is equal red green candle strategies for binary options the expiration time of an option.
How to trade with candlestick color in IQ Option Above is a simple example of how to trade with 1-minute candlestick color in IQ Option.
You can test to practice your opening options skills more. But if you trade with a live account, you have to use 5-minute or longer candlesticks. Who should trade with candlestick color in IQ Option?
Binary option red or green candle
This trading method needs skills more than technique, points analysis, standard price to open options. You just need to statistic the probability of candlesticks color. Counting candlesticks or check history statistics to know the habit of the price and candlesticks.
The trend is positive Bullish if a series of green candle forms; the trend red green candle for binary options is ….
You just need to learn their rules. How to trade with candlestick color in IQ Option This is simply an example. You need to do your own statistical methods and draw your own rules.
241# Red, Green, Candle Strategy.
However, never open options with a short time period. A 1-minute option with 1-minute candlestick can affect your psychology easily. Many experienced traders advise that we should start from 5-minute candlestick, even 15 or minute one.
The time you wait to close an option is not a problem but the problem is to win or lose. Thank you for reading this article!