Profitsignal is a free browser extension with which you can receive real-time signals for making money on binary options using any trading platforms.

Binary options are a financial instrument that allows you to earn money by predicting changes in the prices of market assets. In simple terms, this is a forecast for whether the price of an asset will rise or fall.

The binary options trading algorithm is the purchase of options for the growth or decline of market quotes.

How to start using signals?

After installing the ProfitSignal extension from the Google Store, you will most likely see the inscription: "There are no active signals."

Don't worry - it doesn't mean that the extension doesn't work and we stopped sending you signals. Not! The fact is that traders need time for market analytics to choose the moment of a successful transaction. In addition, there is not always a good time for trading. In order not to miss signals at the moment they appear, the extension has the ability to activate sound notifications.

The process of trading with ProfitSignal is ridiculously simple. Let's look at a couple of examples of making deals when receiving signals from the extension.

Up signal

Let's say that the extension received a signal to increase the USD/CAD currency pair, lasting 1 minute.

This means that within 00:53 seconds you need to go to the website of one of the binary options brokers and place a bet on the increase in the USD/CAD currency pair for 1 minute.

As an example, let's take the ProfitPlay.com system. Let's assume that you have already opened a real account and made your first deposit. To place a bet - first of all - you need to choose a currency pair. In our case, this is the USD/CAD currency pair, we will select it in the upper left corner of the chart.

After that, you need to move to the right side of the browser to enter the bet amount. What it can be - decide for yourself. In the "Time" item, you need to specify the time interval from the signal, in our case it is 1 minute. Now it remains to choose the direction of the course, click "Course up".

Congratulations! You are one step away from making the first bet. It remains only to confirm it by clicking on the "Buy" button in the window that opens and wait for the results of the transaction.

That's all! Not as difficult as it seemed?! If, upon completion of the transaction, the price of the asset becomes lower than at the time of the purchase of the option, then you will earn up to 70-80% of the profit. For some brokers, this bar reaches up to 90%!

Down signal

If the extension received a signal to lower the EUR/AUD currency pair, lasting 1 minute. You can be sure that the algorithm is the same here.

• Choose a currency pair. To do this, click on the required asset - in the upper left corner of the chart (we take EUR/AUD).
• Next, enter the bet amount. We do this by moving to the right side of the browser.
• Then, in the item "Time" - indicate the time interval (the one that was indicated in the extension signal) - 1 minute.
• Select a course, click "Course Down".
• We confirm the bid by pressing the "Buy" button (the necessary window will open for this)

Ready! Deal is open! We have 1 minute at our disposal. We are waiting for the results and analyze the situation.

As you can see, there is nothing complicated in binary options trading with the free ProfitSignal extension. But the benefits are huge! You just need to trust the forecasts and make successful trades when new signals appear.

How to choose a trading platform?

When choosing a broker, pay attention to the privileges they give when opening a real account. For example, ProfitPlay.com - after opening a real account and replenishing the balance in the first hour - will increase the deposit by 100% (i.e. twice), and when replenished by 10,000 rubles - will provide a personal manager who will conduct a free individual course for you training, which will significantly facilitate the work with the system.

A modern broker that is actively gaining momentum through regular upgrades. Earned an iron credibility in terms of reliability.

The broker is the owner of a patented technology for automatically copying successful trades.

The platform offers phased trading mode statuses - according to its own system: demo, real, premium.

Many well-known Forex brokers offer their clients an additional service in the form of trading signals delivery. In addition to brokers, many well-known Internet sites and blogs (often run by practicing traders) offer their trading signals. Someone provides trading signals for free, someone for a fee. Brokers are usually ready to provide signals on the condition of opening and replenishing a trading account with them.

What is a trading signal? This is simply information about when, for which financial instrument and in which direction a position should be opened. It is understood that the provider of trading signals conducts a serious analysis of the market, on the basis of which it issues them.

What are trading signals for?

If you find a really good signal provider, such as a professional trader who has been trading steadily for several years, then his signals can be very useful. Working on such signals, you will be able to earn a percentage comparable to the profit of this trader.

However, in this case, it will not be enough for you to just accurately and consistently follow the signals you receive. In addition, it is mandatory to strictly adhere to a certain system of money management (Money Management). After all, no matter how accurate the signals you receive, you should always have a certain margin of safety.

By margin of safety, I mean not only the amount of trading capital, but also the percentage of risk that is included in each trade.

Agree, it's one thing to risk half of your deposit (50%) in each transaction, and quite another - to put on the risk of 2-5% of it. In the first case, you will be out of the game after two unsuccessful deals in a row, and in the second case, you will be able to relatively calmly survive a losing streak of a dozen unprofitable positions.

Are there accurate trading signals

What is accuracy in trading? In fact, the entire process of exchange trading is built on forecasts, and the forecast, whatever one may say, cannot be accurate in all 100% of cases. However, a 60/40 ratio (where 60% of profitable trades, 40% of unprofitable ones) will be considered a good accuracy for any trader. Naturally, the ratio of levels (tp ) and (sl ) for all 100% of transactions must satisfy the condition tp >=sl .

So, signals of sufficient accuracy certainly exist, but it is quite difficult to find a supplier of such signals. In addition, even after finding such a supplier, you should be prepared for the fact that about half of all trades recommended by him will eventually turn out to be unprofitable.

You should also be prepared for the fact that at one fine moment a whole series of losing trades will follow. And of course, you should always have a so-called emergency exit plan.

By an emergency exit plan, I mean that set of conditions, or such a set of circumstances, in which you should immediately stop trading - take a time out. For example, this can be done with a given number of losing trades in a row, or with a decrease in trading capital to a certain critical value.

However, here, one should keep in mind the fact that if a really good and fairly experienced trader supplies you with signals, then for stable earnings on them, only competent management of your trading capital will be enough.

An experienced trader, as a rule, always gets out of losses, and therefore jumping off the train ahead of time (having left the train in an emergency), you risk missing out on a number of really profitable trades. So here you need to find a compromise. The more reason you have to trust the source of trading signals (trader, website, etc.), the further you can move the emergency exit border. And vice versa, if your source of trading signals has not yet earned a certain degree of trust, then you need to “leap” from it without waiting for strong drawdowns.

A good option would be to pre-test the received trading signals on a demo account. At the same time, you need to test not a day or two, but so much time to make a statistically reliable picture. To do this, I recommend starting from at least 100-200 trades.

Automatic and manual trading by signals

You can trade on signals in automatic and manual mode. Automatic mode implies the installation of special software that receives signals from the selected supplier and opens the corresponding positions without your participation. You may only be required to initially adjust the program to an acceptable level of risk (determine the size of open positions in accordance with your money management strategy).

Manual mode assumes that you receive a signal personally (for example, in the form of an SMS message), and then decide whether or not to open a position on it. Manual mode may involve certain analytics of trading signals.

Although fully automatic trading frees the trader from a number of routine actions, it also has a number of disadvantages. Among which, for example:

• Failures due to a poor Internet connection or an accidental disconnection (this often happens even with the most stable Internet providers);
• Failures due to equipment malfunction (computer, server);
• Failures due to a flaw in the software used. After all, it is far from a fact that the trading robot you use will equally adequately respond to all possible market situations. Even if it is thoroughly tested, it is almost impossible to foresee everything.

In this regard, and also in view of the possibility of analytics and filtering frankly stupid signals, it is more preferable, in this case, to manually follow the received trading signals.

Analytics of trading signals

When receiving this or that signal from the supplier, you have the opportunity to analyze it from the point of view of technical and (or) fundamental analysis. This kind of analysis will help you not only filter out obviously ridiculous trading signals, but also provide an opportunity for professional growth as a trader (and in the future you will no longer need any trading tips).

By the way, in this way you also get a unique opportunity to “calculate” the trading strategy, according to which you receive the signals you trade. After all, the source of reliable signals is unlikely to spread much about its trading strategy, and by analyzing each of the received signals separately, you have every chance to eventually get the overall picture of which they are separate strokes.

Having got into your hands not only the signals, but also the trading strategy itself, you become independent of the source. It is always better to learn how to "fish" yourself than to depend on the mood of a kind uncle who sometimes feeds you to her.

Paid or free trading signals

There are many both paid and free trading signals. Moreover, paying for information does not always guarantee you its quality and reliability. There are many enterprising comrades selling supposedly accurate trading signals under the guise of serious brokers, traders or super duper Forex blogs.

It's one thing when signals are given for the purpose, for example, to promote your website or blog. In this case, the trader-blogger is directly interested in the quality of the information offered to his readers. Here his reputation is at stake, and therefore he will think three times about whether or not to publish this kind of content. In such cases, the main goal is not to collect the maximum amount of money from subscribers, but to attract as many regular readers as possible to your Internet resource. Such signals can be trusted (trusted, but, nevertheless, verified).

Another thing is when a would-be trader, after draining his next deposit, suddenly decides to retrain as a “trading guru”. The unspoken motto of this kind of thugs is: I don’t know how to trade - I will teach (for money, of course, because you still need to earn somehow).

It is this kind of teachers that you should beware of more than fire, because the only consequence of communicating with them will be a significant relief to your wallet. Although no, not the only one. In addition, such “gurus” will fill your head with a whole bunch of unnecessary, and worse, utterly distorted “knowledge”.

Can trading signals be trusted?

There is a funny story on this subject that happened in the west in the last century. One enterprising gentleman (let's call him John) has amassed a client base of 100 stock traders. After that, he sent them free forecasts for the shares of company N (consider trading signals). Moreover, in one half of the forecasts, he promised a rise in prices and advised to buy these shares, and in the other half of the forecasts, on the contrary, he promised a decrease and advised to sell. After some time, one of the scenarios was embodied in reality (shares either grew or fell in price). Then John threw out from his client base the addresses of those traders to whom he sent the wrong forecast, and he again divided the remaining traders (who received the correct forecast) into two groups and repeated everything again. Thus, as a result of these manipulations, in the end, he was left with the addresses of several traders who received only accurate forecasts. Then he offered them to buy another forecast for serious money (because it's worth it, the previous recommendations turned out to be 100% correct!). It is clear that this last forecast was again taken from the ceiling and sent to gullible simpletons (who, moreover, laid out a decent amount of money for it). Draw your own conclusions :-)

Should You Use Trading Signals?

So use trading signals or not? Everyone has their own answer to this question. Many people use trading signals due to simple laziness. They want someone else's uncle to do all the work for them (make them rich and happy). But that doesn't happen. No trader is completely immune from defeat and bankruptcy.

Of course, it's up to you to decide, but I can say the following for myself. I have never used trading signals and, moreover, I am not going to use them. I have my own view on trading and I don't need anyone's advice. By the way, I will never sell trading signals either. But sharing them for free is another matter (perhaps I will soon launch such a project on this site).

Rely only on yourself. When you have money, there are a lot of advisers and assistants, and when the money runs out, no one will help. Ultimately, the responsibility for everything that happens in your life lies entirely and absolutely only with you. Good luck, good luck and stable profit!

Trading signals in the MT4 terminal

Not everyone knows about it, but the well-known, popular trading terminal for working on the Forex market Metatrader4 (MT4) has a built-in service of trading signal providers. In order to switch to it, just click on the "Signals" tab on the bottom toolbar of the "Terminal" window.

• Thumbnail of the graph of the increase in the balance of the trading account of the signal provider;
• The name of the signal provider and the funds he trades (his personal funds);
• The percentage of profit growth and the period for which this increase occurred (in weeks);
• The number of subscribers and the funds on their accounts connected to this signal source;
• Maximum drawdown of the signal provider's account and its Profit Factor**;
• The cost of a subscription to signals.

** The Profit Factor (PF) value shows how many times the total profit on all transactions on the account exceeds the total loss on them (the higher the PF, the better).

By clicking on any of the presented sources of trading signals, you fall to the second level, where detailed information about it is presented.

As you can see, here are the following parameters of the signal provider's account (in addition to those discussed above), such as:

• The time of the last trade;
• Average number of trades per week;
• Average time of holding an open position;
• The broker with which the account is opened;
• Leverage size;
• Author's name.

Here is also a detailed graph of the increase in profit on the account, and below it is a summary of the transactions (trades) made:

If you click on the "History" button, you will be taken to the page of the signal provider located on the official MQL5 website. Here you can see even more detailed information about it:

Let's return now back to the information about the trading provider's account presented in the MT4 terminal. In addition to the “Growth” tab, which shows a graph of the growth of funds in the account, there are also tabs here:

• Funds. Shows a graph of changes in funds on the trading account:

• Balance. Shows a graph of changes in the balance of the trading account:

• Risks. A summary of the best and worst trades, as well as drawdowns:

• Distribution. It shows for which financial instruments and in what quantity transactions are carried out. In addition, the ratio of long and short positions on them is reflected:

Definitely the easiest way to trade binary options is the use of signals for trading. If a trader uses a quality signal service for trading binary options, he will confidently and consistently make a profit. The advantage of signals is that you don’t need to analyze anything yourself, you don’t need to develop, test strategies, etc. This is done by signal service specialists, and they provide ready-made entry points in the form of signals, in which information must be indicated: asset, option purchase time, direction, expiration time.

Before we talk about what are the features and how to trade signals correctly, I will talk about what signals are and how to choose the right signal service.

What are the signals?

Since the analysis for entering positions is divided into 2 types: fundamental (by news) and technical (by charts), based on this there are signals:

Based on a future forecast of price changes at the time of the release of important economic news. Few people give out such signals today, since they require a large amount of analysis of both analysts' opinions about the upcoming news and historical data on how the news worked out in previous periods. The advantage of such signals is that it is known in advance when they will arrive, and you need to be near the computer at this time and buy the option in the right direction. The disadvantages include the fact that the news does not come out every minute, but only a few important news a day. Therefore, the number of signals is small. A good news signal service should generate 5-10 signals per week.

The second kind of signals based on technical chart analysis. To date, this is the most popular way to issue signals for binary options trading. The advantage of this type of signals is a large number of signals. The disadvantage is that you need to be always on the alert, and wait for a new signal to appear in real time, quickly react to buy an option on the signal. But options trading should be treated like a job. And if a trader uses signals, then this is essentially his job - to wait for the signal, and buy an option in time in the direction indicated by the signal.

How to choose the right signaling service?

Today, binary options trading is becoming more and more popular. In this regard, the number of auxiliary services, including signaling, is also growing. But not all of them are equally good. As in other industries, there are many scammers who sell broken signals. Once on such an instance, a trader can not only pay for the signals in vain, but also drain his deposit due to non-working signals. Therefore, the choice of signals must be approached very responsibly!

The criteria for good signals are as follows:

• The site of the signal service is made very high quality, intuitive. This indicates the seriousness of the signaler's intentions, and the fact that he plans to issue his signals on an ongoing basis, as he is confident in their profitability.
• The signals themselves must be greater than or equal to 5 minutes for expiration (except when the signals are based on economic news). It is very difficult to trade expiration for 1 minute or 2 minutes: the trader needs to react to the appearance of a signal, and put and buy an option in a split second. Considering that there is usually a delay of 2-3 seconds in video broadcasting, it is extremely difficult to have time to respond to 1-2 minute signals. If the signals are 5 or more minutes long, then the trader will have enough time to prepare the platform and buy the option in the right direction while the signal is being formed.
• Positive feedback from clients who tried to trade on the signals of this signalist on third-party sites and forums. Reviews on the site of the signalist himself can also be taken into account, if it is clearly visible that they are not artificial, and not added by the signalist himself.
• The signalist’s website provides daily detailed statistics of signals in the form of screenshots of the history of trading on signals from the broker’s website, or screenshots of charts from the trading terminal, where you can clearly see exactly how the signals appeared and how they worked according to the trading rules for these signals. This item is the most important! It is also important that the statistics are provided complete for the whole day, and not for some period of time. The signalman can cut out a successful series of signals, and hide the unsuccessful one. Therefore, you need to see the big picture for each day.
• It is desirable to have a video where the signalman shows how to trade on his signals.
• Simple and ambiguous rules for trading by signals. If the rules are complex (for example, you need to look at a large number of indicators, and so that they show their signals at one moment), then it is also quite difficult to understand them, which can lead to erroneous decisions and loss of the deposit. The best option for signals is when the signalman himself says the moment of purchase, the direction and the asset for purchasing the option. Or an automatic system can do it for him, which shows the direction, the asset and the moment of buying the option with arrows. But a mandatory criterion is the simplicity in understanding the signals.
• The presence of a clear time to buy an option. There are some signal services in the network that are visually beautifully designed, but they give out signals in approximately the following format: a signal has been received that the price will grow within 4 minutes, the expiration is 1 minute. That is, the signalist does not give a clear entry time, but only says that the price will rise. But each trader can enter at a different price during these 4 minutes, and the outcome will be different for each. And the signalist, in turn, can display such a signal in the statistics as profitable. Trading on such signals is pure roulette. Signals must be issued with a clear entry time. Only in such cases can the signalman take responsibility for the results of the signals.
• What money management system does Signalist offer? According to the rules of the signal service, a certain money management system must be applied. The easiest and safest way to trade is fixed rates for each signal. If the signal service gives out more than 60% of profitable signals, then by placing fixed amounts on each signal, the trader will be in profit. Some signalers suggest using the Martingale system on their signals. Personally, I am not against this system, and in some cases even FOR it. But specifically in this case, I would not recommend trading the signals that are offered along with the Martingale. There is a simple reason for this - the human factor. Even if the signalist himself successfully trades according to Martin, this is not a guarantee that his clients will have the same results. In this case, you can simply mechanically make a mistake when entering a bet, or enter the signal late after the 3rd or 4th unprofitable bet in a row, and as a result, lose the entire deposit. Although the signalman himself may have a win in this case, because he entered on time. Martingale trading is always an increased risk. Only professionals with extensive trading experience can successfully trade using this system. For beginners, I recommend trading on signals only with fixed rates.

How to trade with signals?

If a trader has found a suitable signal service that meets all of the above criteria, has chosen a suitable broker, then you should do the following: get a trial period (if one is available) or subscribe to signals for a period of one or more weeks. At least a week to trade on signals on a demo account. During this time, the trader will have a complete picture of how the signals work. Judging by one or two days is quite difficult. You can just get on a bad day, which all signalers have. There is nothing wrong with that. The main thing is that on a longer period (from 1 week) the result of trading on signals should be positive.

During the test trading on signals, you also need to analyze how the signal service publishes reports of the results of signals: what is the frequency of publication of statistics, in what form it is provided, whether the signals that the trader traded with the signals in the statistics, whether the signalist hides negative transactions, but shows only profitable? If all these questions can be answered in the affirmative, then you can proceed to trading according to these signals on a real account. Believe my experience: it is better to spend a small amount on a trial period and check everything on a demo account than to immediately start trading on unverified signals on a real account, which can lead to a complete loss of the entire deposit.

Binary options trading is a very interesting, exciting and profitable activity. But first you need to correctly analyze everything before you start trading on a real account.

IMPORTANT: Our site provides LIVE SIGNALS service, where each trader can receive accurate signals for trading binary options. Signals are issued through the video broadcast of our trading system, which shows each signal very clearly and clearly: the moment of entry to the nearest second, direction, asset. The rules are very simple: an arrow appears that indicates the direction on the chart of the currency pair. At the beginning of the next candle, you need to buy an option in the direction of the arrow for 5 minutes and place a fixed rate. Signals are broadcast every business day from 10-00 to 10-00 Kyiv time (from 11-00 to 19-00 Moscow time). Also, every day, our professional trader helps clients trade throughout the broadcast. He comments on trading, advises how best to trade, answers questions from traders. Detailed statistics for each day for each currency pair is presented on this page. Every beginner or professional trader can easily earn decent money from live signals every month.

To make money on exchange trading, you need to carry out transactions on statistically verified trading signals, which, in turn, must be based on a specific idea that served as a "logical skeleton" for creating.

Many traders study price charts, apply various kinds of indicators to them, run data arrays through various strategy testers to determine at what point it is worth entering a trade. However, as a rule, these traders have a key mistake - the moment of the transaction itself cannot predetermine the further price movement in the trend format. Example: the probability of a reversal in the direction of the trend is still higher from , but there are many variations in price behavior that prevent trading with the trend from the trend line from being statistically successful, since all these “variables” are not taken into account in it. And it is somewhat naive to believe in the probability of the existence of situations on the price chart that, if repeated, could make it possible to make statistically correct profits on only repeating price patterns. Yes, there are figures of technical analysis - for example, "head and shoulders" - after the formation of which there is a preponderance of probability towards one of the possible price directions. But in order to consider these formations as trading signals, one such advantage is not enough.

The general meaning of a trading signal in the stock market

As we have already determined, you should not expect an instant start of a powerful trend in the direction of a trade from a trading signal. In general, exchange trading is a place where you need to be prepared for the fact that at any second something can go wrong, so there should always be a retreat option. But in such a case, what should we expect from a trading signal? The answer is the price broach effect, which will bring the price into a light positive zone, which, in turn, will allow you to move the stop order to the entry point and get rid of the risk of making a loss in transactions.

The fact is that exchange profit is nothing more than a derivative of the degree of a trader's decrease in his own. Moreover, even after, based on various parameters, the moment for making a deal is nevertheless found, you need to be prepared that the price will not give the broach effect, so you will have to jump out of the position with minimal risk. That is, the choice of the moment of the transaction itself does not yet determine the success of the trader - much more important is how the trader manages his position (and its risks) and how he adapts to changing market conditions. As successful traders say, choosing the moment to make a trade is only 20% of success.

How to use trading signals to make a trade

In the conditions of the modern market, transactions should be made not only by finding patterns on the chart, but also taking into account the trading volume and the tape of transactions. It is still better to make deals in the direction of the trend, so you should wait until the price approaches the trend line. It is desirable that it does not reach the nearest price level, which passes near the trend line, which will indicate the weakness of the group of participants working against the trend. Next, you should wait for the appearance of consolidation, which will be a kind of transitional stage, and after consolidation, you should see an exit from it on slightly increased volumes in the direction of the trend. One important point should be seen at this output, which cannot be detected simply on the chart.

The fact is that during the period of "non-profit" we monitor the onset of the weakness of the group working against the trend, then, during the period of consolidation, we observe how (having already seen the primary weakness of the opponents) the dominant group removes the residual desire of the market to work against the trend (so that their stops later served as building blocks for the construction of the next impulses). At the stage of exiting the consolidation, it is not enough just to observe the breakout, you also need to reinforce this breakout with professional money, which is tracked only by the tape, and in the following form. You need to see how a large volume entering the breakout (at least over 500 thousand rubles) begins to break up into separate transactions that consistently move the market, which indicates that no one is holding the price level, and the price is ready for new impulses in the direction of the trend.

This kind of “pressure” on the tape must be seen, because if, for example, a large lot does not break up into separate transactions, then this will indicate that the opponents are still strong, and it is not a fact that the price will go in the direction of the dominant trend. If there are no large lots at all, then such a picture will indicate a lack of interest among large participants to continue the trend, and in such a balance of power, any outcome becomes possible. Therefore, in the current conditions, patterns should be observed not only from the point of view of "mutual arrangement relative to each other", but also from the point of view of volumes and the tape. An especially good signal will be the release of any news or macro statistics in this period.

But once again, we especially note that the signal gives only the most probable "broach", the key task of which is to move the stop to the entry point (breakeven). It is impossible to say in advance whether the price will go further in the direction of the deal or not. Another thing is that, having made a deal, the position must be managed (added, partially fixed profits, moved the stop), and not just sit, waiting for what will happen first - stop or profit.

Conclusion

In today's stock market conditions, it would be extremely wrong to determine trading signals only by the price chart, ignoring all other parameters, so you should look at the volumes and the feed, combining them with general market expectations and the news background. But do not forget that all the fun is just beginning with the entry into the deal.