The main element for successful and profitable trading is the well-thought trading strategy. If the trader just clicks PUT or CALL based on the suggestions, he will lose the money and won’t receive anything. By contrast, when your actions are logical and sequential, the result will be positive. The strategy is necessary to receive the benefits from the repetitive actions.
There is no winning strategy that suits all types of equities. However, the trader can develop the cryptocurrency strategy, based on his experience and practice. Imagine that you have won, but you don’t know how it could happen! That means you won’t succeed twice because you don’t know which actions lead you to victory. The cryptocurrency strategy helps to create a sequence of actions that leads to lucrative trading.
vfxAlert is a program that was developed to meet all traders’ needs. With vfxAlert traders can work on different brokers' platforms and track the signals online. This software equips the trader with various analytical instruments and statistical details. All instruments are situated in one working window. The trader just needs to choose the broker platform and start to track the signals. Look, how does this software work.
- Use online-charts to track the signal.
- Follow market trends to choose a profitable market direction.
- Utilize the heatmaps to select the most gainful signals.
- Read the news in the economic calendar and be abreast of the current market situation.
For successful trading, there is a need to understand what the trading signal is. Signals are the alerts with the proposals of whether a trader should put or call. Signal incorporates the necessary information about equity. These cautions show up when a few foreordained variables coordinate. It is important to comprehend that the signal is just a suggestion, not a call to action. Here is the structure of the trading signal. Let’s look at the structure of the vfxAlert signal.
Structure of signal
- Asset — currency pair.
- Price — price when a signal emerges.
- Time — the time when a signal emerges.
- Expiration — the time of the signal’s expiration.
- Power — number of profitable options in the past with the current combination of indicators.
- Signal — CALL or PUT options.
- Algorithm — algorithm of signal generation.
- Heatmap — Statistical winning percentage calculated for the values of the technical indicator on different timeframes.
Recommendations for trading cryptocurrency
- Open the Free account online or download the vfxAlert. The free account will allow you to understand how the application works and to create a cryptocurrency strategy.
- Develop a cryptocurrency strategy. Read our educational materials and you will know many scalping and short-term strategies.
- Read more about technical analysis and different indicators.
- Learn to use the heatmaps and signal power.
- Connect vfxAlert with a telegram messenger and receive the signals everywhere. Watch the video to know how to do it.
- Practice continually and try different techniques. Join the local trading community.
