BigOption Launches an Indicator-Based "Strategy Advisor"
- With its new feature the binary options broker is aiming at simplifying indicators-based trading for clients, aggregating three of the most popular ones into the platform's charts.
Adding a new dimension to the binary options experience, BigOption has announced the utilization of several indicators in its platform with the new feature, "strategy advisor".
The feature functions on the platform's charts, allowing traders to receive advice based on the most popular three indicators - Relative Strength Index, Moving Average and Bollinger Bands.
"The three widely used techniques to study charts have been bundled into one supersonic tool to guide traders towards wiser decision-making," explained Priscilla Camryn, Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term Manager at BigOption, “We have been able to foresee the requirements of traders, putting a top-notch calculator at their disposal."
Providing the suggestions automatically, the new feature effectively eliminates the need for traders to study and deploy the indicators by themselves, this making sense as the goal of such a tool is to create an all-in-one package for put/call options.
Each of the three indicators provides signals in a different way, but the system is preset to automatically give one of the two outcomes as the more likely one. This process is meant to spare traders adding the indicators under the charts and trying to interpret the right moment to enter a position, common among Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders.
The new feature is used in a pretty straightforward manner. After selecting an instrument and expiry time, by hitting the Strategy Advisor button the three indicators pop up. Once the choice is made it takes 10 seconds for the analysis to be made and a suggestion for the direction of the trade is made.
Adding a new dimension to the binary options experience, BigOption has announced the utilization of several indicators in its platform with the new feature, "strategy advisor".
The feature functions on the platform's charts, allowing traders to receive advice based on the most popular three indicators - Relative Strength Index, Moving Average and Bollinger Bands.
"The three widely used techniques to study charts have been bundled into one supersonic tool to guide traders towards wiser decision-making," explained Priscilla Camryn, Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term Manager at BigOption, “We have been able to foresee the requirements of traders, putting a top-notch calculator at their disposal."
Providing the suggestions automatically, the new feature effectively eliminates the need for traders to study and deploy the indicators by themselves, this making sense as the goal of such a tool is to create an all-in-one package for put/call options.
Each of the three indicators provides signals in a different way, but the system is preset to automatically give one of the two outcomes as the more likely one. This process is meant to spare traders adding the indicators under the charts and trying to interpret the right moment to enter a position, common among Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders.
The new feature is used in a pretty straightforward manner. After selecting an instrument and expiry time, by hitting the Strategy Advisor button the three indicators pop up. Once the choice is made it takes 10 seconds for the analysis to be made and a suggestion for the direction of the trade is made.