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Binomo Hack | Winning Strategy | Tricks | Income Proof | Cheats | Tips | Trading Strategy & more:
As said, If you want to achieve your goals quickly find the right mentor”
The above quote is 100% true. and according to my experience, I can truly say that in the field of Trading If you don’t find the right mentor you are already failed.
So, It’s very important that you find the right mentor and work more on what actually works.
So, keep reading ahead Binomo Hack | Winning Strategy | Tricks | Income Proof | Cheats | Tips | Trading Strategy & more
Binomo Income Proof: Why you Should Follow my Guide?
I am a trained trader in this field and I am personally trading since 2017.
Trading is my Bread and Butter and I am earning from lots of Trading platforms like Binomo, Olymp Trade & more.
Given below is my income proof that I have earned in just 7 days.
So, yes I am an experienced trader and you can trust me in what I teach.
Binomo Hack: Binomo Winning Strategy 2021
Step 1: Firstly for Binomo Hack, you need to have a Binomo account. If you don’t have one click here.
Once you click the link above you will land on the Binomo homepage.
Bonus is actually very important if you want to reap the real results as it allows you to trade more and more.
Our team and I are in contact with Binomo for like 2 years now and they give our visitors up to a 100% welcome Bonus.
You can also sign up via the form given below.
You can also sign up here try…
Step 2. Turn your Chart to Candlestick
Once you have signed up. you will land on the Binomo dashboard.
Now, click on the chart button below and select Candlestick from the given menu.
That’s it the basic setup is over!!
Binomo Tricks: How to win in Binomo?
Now in this section, I am going to teach you Binomo tricks or you can call it Binomo Hack that works like a magic.
Here, I assume that you at least know the basics of Candlestick
I personally use three indicators:
- & Stochastic that’s it!!!
EMA is a really powerful indicator that helps us to identify the trend.
Firstly, Click on the indicator button first
Now select the Moving average twice
Set one as 200 EMA and the other as 100 EMA.
How to use EMA?
Using EMA is damn very easy.
If the 200 EMA (Yellow Line ) crosses 100 EMA (Blue Line) and is above the 100 EMA then the market is in a Bullish trend hence, go for BUY trade here.
Similarly, If the 200 EMA (Yellow Line ) crosses 100 EMA (Blue Line) and is below the 100 EMA then the market is in a Bearish trend here hence, go for a SELL trade.
RSI is one of my favourite indicators and it’s the most accurate and simple indicator in my experience.
How to RSI Indicator?
First of all, go to indicator and click on RSI from the menu.
Now, set the RSI settings to 14, 70.
That’s it!!! the basic setup is over.
What is Overbought Level?
If the line is above 70. then the market is said to be at an overbought level.
The overbought level is the price level where the price of the good or commodity has reached the maximum level and sooner or later the price of the same will fall.
Characteristics of RSI Overbought Level:
At Overbought Level.
- Buyer gets excited
- Demand is probably going to decrease
- Price may decrease
Overbought Level Price Action: At Overbought Level, we should always place SELL Trade.
What is Oversold Level?
If the line is below 30. then the market is said to be at an Oversold level.
The oversold level is the price level where the price of the good or commodity has reached the minimum level and sooner or later the price of the same will rise.
Characteristics of RSI Oversold Level:
At Oversold Level.
- Seller gets excited
- Demand is probably going to increase
- Price may increase
Oversold Level Price Action: At Oversold Level, we should always place BUY Trade.
As you can see above, At Overbought Level there is a slight decline in demand and we can place SELL trade at 1 min timer here.
Similarly, at the Oversold level we can see that there is a slight increase in demand and we can place a BUY trade at 1 min timer here..
Now, last but not least is the Stochastic indicator.
If you learn to use Stochastic with RSI then you can predict much more accurately.
Firstly, Click on an indicator and select Stochastic from the menu.
Now, set the Stochastic indicator setting to 20 & 14.
Later your Binomo dashboard will look like this.
How to Use RSI and Stochastic together?
If the line is in Overbought Level for both RSI and Stochastic go for a SELL trade.
Similarly, If the line is in Oversold Level for both RSI and Stochastic go for a BUY trade.
It’s that simple.
See, the chart above. as you can both RSI and Stochastic show Overbought Level at the beginning and there is the downfall in trend thereafter.
Here, we can place the SELL trade for 15 mins.
Similarly, Later both RSI and Stochastic show Oversold Level and there is an uptrend thereafter.
Here, we can place the BUY Trade for 15 mins.
So, This is the end of this article.
I hope you have found this article helpful.
This article was all about Binomo Hack, Binomo Winning Strategy, Binomo Tricks, Binomo Income Proof, Binomo Cheats, Binomo Tips, Binomo Trading Strategy & more
Given below is the most asked questions.
1. What is RSI Formula?
Ans: RSI = 100/100 +(1+RS)
Here, RS = Relative Strenght
Relative Strength = Average U / Average D * Aveage U
Average U = Average of all up moves in the last N price bars.
Average D = Average of all down moves in the last N price bars.
N = Period of RSI
2. What does RSI 14 Means?
Ans: RSI 14 means the 14 period time frame. measured on a scale from 0 to 100.
3. What is RSI Buy Signal?
Ans: If the RSI line is near 30 or oversold then we should for Buy trade.
4. Is the RSI of 14 good?
Ans: RSI 14 means the time frame, measured on a scale from 0 to 100.
With correct RSI indicators, day traders can find good entry/ exit signals in both trending and consolidating markets.
The normal default setting for RSI is 14 on the technical chart.
But experts believe that the best timeframe for RSI actually lies between 2 to 6.
Which is the most successful options strategy?
Ans: There is no such 100% winning strategy. no strategy can give you 100% result. However, You can follow a proven strategy as here in this article, I have shared RSI Stochastic strategy.