publish2017-04-07 4:31 pm

How to Setup

binary option expiration time
Expiration Time Step

Expiration Time

Please select expiration time as 1 minute. If you dont have IQ Option account yet than you can register here !!!

iq option

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”

binary-option-candlestics-chart-min
Chart Type Step

Chart Type

Please change chart type for candlestics

candlestics period-min
Candlestics period Step

Candlestics period

Please select candlesticks chart period as 30s

moving avarage indicator-min
Indicators Step

Indicators

Open an indicator list and select Moving Avarage

EMA indicator period 25-min
EMA Indicator Step

EMA Indicator

Please select period of 25 and color red of EMA Indicator

EMA indicator period 18-min
Second EMA Indicator Step

Second EMA Indicator

Please setup second EMA indicator as period 0f 18 and color red

WMA Indicator period 7-min
WMA Indicator Step

WMA Indicator

Please select new moving avarage indicator of period 7, type WMA and color yellow

Awesome indicator-min
Indicators List Step

Indicators List

Open again indicators list and select from it Awesome Oscilator

Awesome Oscilator Setup-min
Awesome Oscilator SetuAwesome Oscilator Setup Step

Awesome Oscilator Setup

Please setup Awesome Oscilator with periods of 35 and 4

Top Recommended Binary Options Brokers

Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.

“Binary Options are availiable only for Non-EU Traders”

BrokerMin DepositMin. TradeReturnUnited States CitizenReviewWebsite
iq option logo small10$1$up to 92%Not AvailableRead ReviewTRADE NOW!
ayrex 50$5$up to 90%Not AvailableCheck Review!TRADE NOW!
expert option logo50$1$up to 96%Not AvailableRead Review!TRADE NOW!
10$1$up to 90%Not AvailableRead Review!TRADE NOW!

Rainbow Indicator

Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.

“Binary Options are availiable only for Non-EU Traders”

This is one of the most popular strategies used for binary trading because of its positive results and the simplicity of its technique that only consider the exponential moving average (EMA) or three periods.

Exponential moving avarage

What is Rainbow Strategy?

The rainbow strategy is the graphical representation of the exponential moving average of three different consecutive periods; the most used are 6, 14, and 26. A color key is used to assign a specific color to each period, and using bold marker option for the exponential moving average of the 26 periods.  Using a semi-circle or half circle pie chart for each exponential moving average all the three char will be superimposed and the order of them will provide the information needed to properly predict the future price trend. Because of the color key used for the graphical representation and the half circle shape this technical analysis received its rainbow name.

Rainbow strategy in use

To use Rainbow Strategy please use IQ Option broker, the major broker for binary options. iq option broker

The exponential moving average for the 26 periods will be used as the reference. If the exponential moving average for the others two periods, (14 and 6) are laying above it. The prediction is that the price is going to rise or bulls trading. On the contrary, if the 14 and 6 exponential moving average periods are laying below it, then the prediction is that the price is going to fall or bear trading.

When To Buy a Call Using Rainbow Indicator ?

·Every time the half circle’s pie charts for the 6 and 14 periods’ exponential movement average are above.

·When a price moves from the top and crosses above the 14 periods exponential movement average.

When To Buy A Put Using Rainbow Indicator ?

·Every time the half circle’s pie charts for the 6 and 14 periods’ exponential movement average are below.

·When a price moves from the bottom and crosses below the exponential movement average.

A good rule of thumb is that the lines between each exponential movement average have to be well defined and separated in order for the rainbow strategy to work. If the lines are no well defined then you cannot buy a call or a put. Because this prediction instrument lacks its reliability, and it cannot properly identify the current or near future price trend. This strategy only works when the exponential movement average for the 26 periods or the third period is far from the other two lines.

Why should you use the rainbow indicator to estimate future assets price?

·Rainbow strategy takes into consideration the exponential movement average, which is an easy to get index.

·It is easy to understand and to use daily.

·The limited amount of data needed to generate the charts and the reliability of its estimation for price predictions makes it one of the best trading tool.

 

This was details about Rainbow, now about our Indicator – Trading Pattern

For our strategy we have to use IQ Option as broker because this broker have build-in indicators we needed, if you dont have account on IQ Option please click here.

iqoption banner

 

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”

We have to add few indicators to our graph. But first please setup timeframe for 1 min and candlestics chart on 30s. After that please prepare indicators EMA period 25 red, EMA period 18 red, WMA period 7 yellow, also add Awesome Indicator with period 35 and 4.

 

Open Call Option:

When yellow WMA line cross 2 EMA red lines from bottom and Awesome Oscilator are crossing zero growh. If this 2 actions are not much and if for example WMA line cross 2 red EMA line from bottom but Awesome Oscilator doesnt cross zero growh, please do not inwest!

Here you can see some samples of call options:

Rainbow strategy call option-min

Open PUT OPTION:

When WMA yellow line cross 2 red EMA lines from the top and Awesome Oscilator have zero growh, than inwest on put! But remember if this actions doesnt match for example WMA line cross 2 red EMA line from the TOP but Awesome Oscilator doesnt cross zero growh, please do not inwest!

Please see some PUT OPTION samples:

Rainbow strategy put option-min

“Your capital may be at risk. This material is not investment advice.”

Enjoy Trading !

Video Tutorial

Rainbow 60 Seconds Binary Options Indicator – Trading Pattern

Learn how to trade with binary options by using Rainbow Indicator. Full wideo tutorial how to setup indicator and how to trade.

Enjoy!

Relates Binary Options Indicators & Trading Patterns...

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Economic Calendar

Powered by Myfxbook.com

The information contained in this website is for general information purposes only. This information is not an alternative to investment advice. Statrader.com is not licensed nor authorized to provide investment advice or investment services. Statrader.com does not promote, advice, or make any personal recommendation to clients to trade binary options, cryptocurrencies or forex. Before any client start trading or use any forex / binary options broker, cryptocurrency exchange or mining service, he must do his own investigation about legal license, registration and government authorization to ensure his suitability, and client must completely understand all the risks involve with any financial instrument, cryptocurrencies and/or trading or opportunities before he even considers start trading.

Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Statrader™ · Copyright © 2017-2018 · Statader.com