Live charts of binary options in real time. Binary options candlestick chart

There are a huge number of strategies and trading systems that allow you to trade binary options. However, whichever of them a trader decides to use, to make a decision he needs information about the movement of stock quotes. The easiest way to get it is using binary options charts. The vast majority of traders work with them.

On the chart of the price movement of an investment asset, trading information is presented in the most convenient form for perception. This visual form is easily perceived by all people, regardless of their nationality or gender.

The quote chart is used in binary options in order to display information about the dynamics of price changes for a selected investment asset during a certain time interval.

In fact, any stock trading is ensured by their use. It is the different types of option charts that form the basis of the developed strategies, as well as signals and indicators.

Traders directly use the information generated by the live chart, analyze it and make specific decisions to open a particular position.

If the received data from the chart suggests that the quotes will rise in the near future, then the trader should conclude an Up deal by clicking on the green Call button. When the chart foreshadows a decline in quotes, then you should enter into a Down trade by clicking on the red Put button. This is the basics of binary options trading.

Various sources are involved in publishing live charts. This can be a bank, stock exchange, brokerage company, information site, or a specialized program.

What show

Even novice traders generally have no problem understanding the live charts that binary options brokers provide. Nevertheless, let's talk about the main points.

There is a timeline. The trader is given a choice of different time periods, according to which the dynamics of the asset price can be displayed. Each such interval is called a timeframe.
The main types of timeframes:

• 60 seconds or 1 minute (1M);
• 5 minutes (5M);
• 15 minutes (15M);
• 30 minutes (30M);
• 1 hour (1H);
• 4 hours (4H);
• 12 hours (12H);
• 1 day (1H).

Depending on the chosen brokerage company, charts in binary options can display the change in the value of various investment assets: currency pairs, stock indices, oil, gold, shares of the largest companies, and so on.

The horizontal scale displays the time. The vertical scale shows the price of the asset. Thus, the chart displays stock quotes at the selected time unit.

Charts with currency pairs

According to statistics, most traders trade binary options on the charts of certain currency pairs. Some brokers in the market do not even offer other investment assets to their clients.

For novice exchange investors, let us explain that a currency pair does not mean the price of some national currency, but the ratio of the value of the two selected currencies. For example, the euro to the US dollar or the Swiss franc to the Japanese yen.

Currency pairs are traditionally represented by three-letter abbreviations from the Latin alphabet. The above examples on the charts of brokerage companies will respectively be written as follows: EUR / USD and CHF / JPY.

Varieties

To date, in stock trading, many ways have been invented for displaying graphical information about the dynamics of quotations of investment assets. However, there are only three main types of charts:

• candle;
• bar;
• linear.

It is for them that the vast majority of existing strategies and trading systems are sharpened. Therefore, every trader should be able to navigate freely in them.

The most popular type of charts at present is based on Japanese candlesticks. It is considered the most informative and easiest to understand.

Japanese candlesticks are colored in two contrasting colors. Typically green and red are used. Each candle consists of a body - a rectangle and shadows - vertical lines extending from the top and bottom edges. Green candles are responsible for an increase in asset quotes, red ones for a decrease.

It is based on segments or bars. Their task is also to display price fluctuations in a given timeframe.

Each bar is formed by special key points. The segment starts from the minimum point or low and ends with the price maximum or high.

In addition, the bar can contain an auxiliary horizontal line. The one on the left shows the price level when the bar is opened, and the one on the right shows the mark when it closes.

Some brokerage companies use it as a basic type of graphical display of asset quotes. On such a chart, as you might guess, prices are displayed using a line that connects the value points at each moment in time.

Despite the limitations of this method of displaying the movement of quotes, using a line chart, a trader can also follow the direction of price movement of a selected investment asset.

They are most often used by novice traders who are taking their first steps in binary options trading.

Basics of work

Every trader should be able to properly set up and analyze a live chart. We are talking about the basic skills of stock trading with which you need to start your work in the binary options market.
Beginners should master three main points:

• setting the timeframe;
• selection of an investment asset;
• analysis of graphic data.

The first two aspects are extremely simple. It takes some traders years of practice to master the secrets of the third.

Choosing a timeframe

The specified time interval or timeframe will determine how much time each quote will occupy on the chart. For example, if you select a 5-minute interval, each candlestick will represent the price movement within 5 minutes.

Any trading system or strategy chosen by a trader stipulates its own recommendations for choosing a timeframe. Most often, it is tied to the expiration time of a binary option. This is the name of the period of time for which the contract will be concluded.

In a situation where a trader, in addition to a brokerage, uses an additional live chart for trading, you need to make sure that they are accurately synchronized. In other words, always check that the timeframes match on each of the charts.

Most often, the set timeframe is displayed on the left side of the top panel of the chart.

Choosing an asset

Remember the rule: one asset - one chart. Simply put, a trader sees a change in quotes only for a single selected asset at a time.

The choice of a particular financial instrument depends solely on individual preferences. If a trader uses technical analysis in his work, then the type of asset is not too fundamental; if he works with fundamental analysis, then the definition of such a tool should be taken as seriously as possible.

Analyzing the graph

The ability to correctly analyze graphic information comes with experience. Novice traders should not be upset that at first things are not going smoothly with them. Remember, the more you practice, the faster you will understand.

The chosen trading strategy comes to the aid of investors. As a rule, in such a trading system, analytical moments are considered in maximum detail, which make it possible to understand specific points for opening trading positions.

In addition to strategies, there is an analytical technique for reading information from the figures that form Japanese candlesticks or bars on a live chart.

Remember, a live chart is not an adversary, but, on the contrary, an assistant to both the experienced and the novice trader.

In front of you you see an online tool for identifying trends in the market and carrying out its analysis. On the pages of our resource, you can use it for free an unlimited number of times. Binary options charts in real time are very popular among beginners and experienced traders, as they provide a wide range of tools for performing technical analysis.

Let's analyze a real binary options chart

• On the right, there is a panel of graphical tools, with the help of which you can make convenient notes directly on the chart.

• At the top is the main panel, where you can select the type of asset, timeframe, required indicator and chart type. Usually, when choosing an asset, the indicator is configured automatically and does not require manual changes. But if you are an experienced trader and want to use another indicator, select it from the list.

What opportunities does the binary options chart give online?

1. Carry out a detailed technical analysis taking into account all risks. To do this, use all the main indicators from the list and set the required timeframes from 1 min. Up to 1 month.

2. Create visual elements for graphical analysis. You can save the result in the form of an image for yourself. To do this, simply click on the camera icon at the top right.

3. Choose a comfortable type of schedule. If you are a beginner, then the binary options chart offers the following options:

- Bars, Candles, Hollow Candles are convenient for short-term trading. And the candles are the most descriptive;

- Heiken Ashi mainly for long-term trades;

- Line and Area help to assess the current trend;

- Renko, Line Break, Kagi - these are complex charts and we recommend using them only for professionals;

- Point & Figure helps you identify short and long term trends.

4. Select the required type of asset. To do this, click on the upper left field, where by default EURUSD (EUR / USD) is selected and start typing the name of the desired asset. The list will appear in a couple of seconds. Also a live chart for binary options online allows you to compare assets. In order to analyze the graphs of the price behavior of several assets, click the weights icon and select a pair of assets.

What else you need to know about the live chart for binary options

The live schedule is updated online. You will always see the actual changes in the market and will be able to react to them correctly. Adjust the corresponding parameters of the indicators at your discretion.

It is comfortable to work with the online schedule - nothing needs to be installed additionally. You can use all the tools presented here, they work great and provide a good visualization for the analysis.

When building a live binary options chart, traders work with several major groups of assets. Among them: stocks, indices, currency pairs and commodities. The sections on our website describe in detail all the assets, instructions for working with them. Also check out the factors that affect them. Build a schedule of your choice. The service works without interruptions and delays.

One of the main tools of a trader in the financial markets is a live chart. After all, using it you can not only track the quotes of a particular underlying asset, but also make certain assumptions about future price fluctuations.

Online chart of the EUR / USD currency pair

Charts are important for both Forex traders and those who prefer simpler and less risky binary options in their work. However, in pursuit of simplicity, binary options brokers apparently went too far, giving traders extremely uninformative charts on their trading platforms.

What remains to be done in this case? Give up trading? Taking Big Risks in Forex? Of course not, because we offer a different solution to the problem. In work, you can use the so-called "live chart for binary options". Also, another name is often found - "online binary options chart".

The screenshot taken on our website shows what a live graph in real time really is. It works online, that is, quotes are constantly updated. Also, this chart contains the most popular technical indicators that you can use in your trading.

If you set up the live chart correctly, you will be able to receive signals in real time for free. this type of trading is more suitable for beginners. However, it should be remembered. that such signals are inaccurate, for successful trading on these signals it is necessary to use additional filters in the form of indicators.

How to use a binary options chart

The first and most important thing I would like to note is that the graph can be stretched to fill the entire screen. To do this, just double-click the left mouse button on the graph itself. This will be very convenient for those who like large-scale work.

In order to select one or another underlying asset, you need to click on the window in the upper left corner of the chart, where EUR / USD is by default. After that, you need to select the desired asset in the drop-down list and click on it.

In order to analyze the chart, you need to be able to switch between timeframes. For short-term trading, time frames from 1 minute to 1 hour are suitable.

For medium-term - from 1 hour to one day and for long-term - from one day to one month. How to switch between timeframes on our live Binary Options chart? It is very simple to do this - just move the cursor to the right of the window with the underlying assets, where by default you can see the inscription "M1". In the drop-down menu, you can select the timeframe that suits the trader.

Various settings can be made in the menu, which is indicated by the cogwheel at the top of the graph. But the most interesting thing is the indicators. They are also featured in this online binary options chart. You can select indicators to the right of the settings. The set of "live" binary options chart on our website contains both trend and oscillatory indicators, which are used by most traders in trading on the financial markets today.

We work with a binary options chart online

When the trader has figured out how to use the live chart of binary options on our website, you can proceed directly to working with it. Many will ask themselves the question, how to work with it? After all, the platform is located on the broker's website. But there is nothing difficult here. You just need to open our website when you are working on the broker's website.

Before making a trade, traders usually analyze the situation on the chart. We recommend looking for an opportunity for a successful purchase of a particular option on the "live" chart.

Let's give an example of how you can use the graph in your work. Let's say a trader sees that the price of the eur / usd currency pair will go up in the near future. He switches to the broker's trading platform, selects the Call option (or up), selects the investment volume, the underlying asset eur / usd, and buys this contract with an expiration date of 10 minutes.

As you can see from the above example, everything is extremely simple. The advantages of this method of working with a "live" schedule are undeniable:

• the ability to use any method of technical analysis
• simplicity and high speed of work
• intuitive interface of online binary options chart

Any experienced and successful trader now, no matter whether on binary options or on a real exchange, at the beginning of his career looked at this kind of picture with bewilderment (see the screenshot below).

But as it turns out later, there is nothing wrong with this and you do not need special education to figure out how to read binary options charts.

Education is not needed, but knowledge will not just appear. Therefore, below we will tell you how to understand these charts, what its key elements mean and how to analyze the charts of binary options. What is all this for? To more accurately predict the behavior of an asset and conclude more successful deals.

How to read exotic charts

First of all, we are interested in the asset price. Its movement is usually displayed using a line, or bars. These are classic options that you shouldn't dwell on, since a lot has already been said about this on our and other sites.

But there are other options: Heikin Ashi, Renko, Kagi, Tic-tac-toe. Many traders do not use such analysis of binary options charts. The main reason is their misunderstanding. However, we will fix this now.

Heikin Ashi outwardly does not differ from standard Japanese candlesticks, but they are built according to a different principle:

• Candle open - the level of opening + closing of the previous candle / 2;
• Close - open + close level of the previous candle, high + low of the current candle / 4;
• Upper shadow - the level of opening or closing of the current candlestick, the largest of the maximum;
• The lower shadow is the minimum of the minimum of the opening or closing of the current candle.

Yes, it's difficult, but you don't have to build them yourself. Better remember how to use them.

Heiken Ashi averages the value of classic Japanese candlesticks to determine the overall trend of an asset. Long candlesticks indicate a strong trend. When it fades, the body and shadows of the candles also become smaller. When you see small candles with shadows in both directions, a reversal is likely to occur.

There are some more tips for using Heikin Ashi:

• Do not trade for 1 candle;
• At short distances, Ashi are late;
• Filter signals with oscillators;
• Don't trade on high time frames.

Renko we will not consider for a long time. This graph is rarely used and only by professionals, since it does not take into account either time or volume. Tools for advanced speculators include Kagi, which were created in 1870 again by Japanese speculators.

Niliki crosses used in technical analysis. X - growth, 0 - decline. A predetermined price movement of, say, 10 points is marked by the addition of a cross if quotes go up and a zero if the price falls.

Tic-tac-toe has the following advantages:

• Hide minor price fluctuations that can confuse a trader when using a bar chart;
• Create simple trend lines;
• Allows you to easily determine the levels of support and resistance;
• Used to track long-term prices.

Choosing a timeframe

Everything is much simpler here. The choice of timeframe depends on the expiry of the deal. There is a standard rule that a trade should be 3-5 candles long. If the contract is for 15 minutes, TF is M5. Expiration 1 hour, TF - M15, etc.

Sometimes traders use 2 charts at the same time with different timeframes. The first one is intended for trading and fits the above rule. The second one is open on a higher timeframe. This allows you to see a more global trend and predict a reversal in the traded TF in advance.

Indicators and figures for technical analysis

Technical analysis of a binary options chart can hardly be imagined without indicators and various technical analysis figures.

An entire section is devoted to indicators. Therefore, we will not write too much about them now.

So, the main task of most indicators is to determine the current trend. Some do it with great success, others with less. But whichever tool you choose, do not think that it will show the future. Any indicator is lagging. Therefore, if you want to know how to read binary options charts with 100% accuracy, you should know, in no way.

What indicators can we recommend? If we talk about trend instruments, we recommend paying attention to the Bollinger Bands or the moving average line. Among the oscillators, we highlight RSI and Stochastic.

There are several dozen indicators on the live chart. Test and find the best one for yourself.

The analysis of charts of binary options using various patterns seems too difficult for many. This is partly true. Some tools really need more detailed study. But in order to determine the trend, the moments of its reversal and rollback, it is enough to learn how to build support and resistance lines using an even line.

Figured out how to analyze binary options charts? If not, don't be discouraged. It's hard to learn everything the first time. But very soon, if you practice, you will notice how each time you will better understand this mysterious window with lines and candles.

In order to have constant information about the state of the market and make the right decisions, traders working on trading floors are increasingly using live binary options charts in real time. Such tools allow you to receive an array of data for analysis online free of charge, which allows you to determine the option expiration time with high accuracy. Let us dwell on the principles of operation of such systems.

A responsible trader never makes decisions about buying / selling assets at random or under the influence of emotions; there is always a sober calculation in his actions. To assess the current situation, he needs fresh data on baseline parameters. A trader can get such information on a brokerage terminal or using a live chart of binary options.

The chart itself is an online diagram that is constantly updated for various assets: shares of foreign and Russian companies, raw materials (metal, oil, grain), indices, and currency pairs. Unlike working with terminals, when using real-time network diagrams, there is no need to install additional software on your computer. In addition, many experts note that information on live charts is more diverse and displayed faster than on brokerage trading instruments. If the difference is a fraction of a second, then this is insignificant, but if it is 2-3 seconds, then in such a fleeting market as binary options trading, this is already a noticeable advantage.

The binary options chart gives the speculator a number of possibilities:

• Tracking current asset quotes and automated technical market analysis.
• The availability of a variety of indicators and the ability to customize them, which is not available in the terminals.
• Simplification of perception and understanding of the market using different used graphic models (fibo, channels, lines and other elements) at the user's choice.
• The ability to use any chart convenient for the trader (American bars, Japanese candlesticks, classic lines, Renko).
• Extended analytical component and the ability to independently adjust the plotting period (from a minute to a year) while maintaining all settings. This is a serious advantage over trading terminals, where you can find out the price movement over the last few hours at the most.

Analyzing binary options charts is not that difficult. Even a beginner, after a little practice, will be able, using live chart signals, to work profitably by opening and closing Call or Put assets. At the same time, there is no need to know the price level of an asset, it is enough to just determine its direction at a certain time interval.

How to set up and use a schedule

Online charts are most often developed on a platform for HTML5, which is much more accurate and faster than Adobe Flash. Therefore, all quotes are displayed instantly. This gives you a chance to quickly react to a trend change and get a good deal. To start working fully with live charts, it is necessary to carry out several consecutive actions after opening the site.

Select in the special window in the upper left corner of the screen the required asset that you plan to trade. There can be hundreds of such assets. The program monitors not only currency pairs (from the classic USD / EUR to the most exotic ones), but also futures, precious metals, raw materials, cryptocurrencies, country indices, stocks of large companies. It is easy to find them using automatic search by the first letter.

Set a timeframe. It represents the time period during which one candlestick / bar will be drawn. For short-term trading, a small timeframe is usually set with a duration from 1,3,5,10 minutes to one hour. Medium-term trading covers from 1 hour to a day. To analyze the historical price dynamics, you can set a time period of up to one month. In the course of work, you can easily switch between different timeframes by selecting them from the drop-down menu in the window.

Choose the most suitable option for presenting information, i.e. the desired type of live schedule. The most obvious is the "Japanese candlesticks" (Candles). In addition, popular options include:

• histogram (Bars);
• linear;
• Hollow candles;
• Heiken Ashi;
• Area.

The most advanced speculators also use complex charts such as Kagi, Renko, Line Break, Point & Figure.

Select the required indicator. On the top panel, click on the Indicators button. Several dozen or even hundreds of options for analysis tools can be offered, each processes information according to its own built-in algorithms. None of them can give a 100% guarantee by definition, so a novice trader should focus on the most famous indicators showing the expected direction of the trend. These tools include:

• Price Oscillator. An oscillator showing changes in the price level of an asset. It captures the movement of the trend well, clearly demonstrates the upper and lower points of the trend, at which it is good to enter the market by buying assets of the opposite direction.
• Scholastic oscillator. The lines located above and below the colored area of ​​the chart make it possible to predict the further development of the trend.
• MACD. A trend reversal is very likely if the blue and red lines cross at the bottom or top of the chart.
• Bollinger Bands. Two lines move in parallel, with their maximum convergence, a change in the direction of the market is possible.
• MAE (Moving Average Exponential). The movement of three lines at once relative to each other is monitored, with certain combinations the trader can draw conclusions regarding his further actions.

The player is free to use one or more indicators. The main thing is that he is aware of the information received, can "read" it, draw the right conclusions and take risks within reasonable limits.

Additional program features

In addition to the main indicated market research tools, the developers offer speculators a number of additional opportunities to help them understand the development of assets.

On the left side of the screen, there is a vertical panel containing buttons for graphic tools (points, lines, arrows, crosses, angles, geometric shapes). With their help, professionals put their marks on the moving chart, which help to analyze the current information, draw trend lines, fix the moments that require additional attention. In order not to complicate the perception of the picture displayed on the display, it is advisable for beginners not to use these tools at all. It is advisable to start using them only after confident mastering of online charts.

To simultaneously monitor the broker's window (in order to place a bet) and the current chart, you can divide the monitor screen into two parts. You can do this manually, but Windows7 helps you split the screen equally when the browser is open by pressing the Win - right (left) arrow key combination.

Pressing the button with the image of the scales on the top panel allows you to simultaneously track the quotes of two or more assets, for example, different currency pairs or shares of two companies, and compare their dynamics.

In addition, there is the possibility of joining the online chart with free assistants who, in the process of technical analysis, will give signals indicating the optimal moment to enter / exit a trade.

When using live charts that analyze in real time, it is important for a beginner trader not to overload himself with a large amount of data, and to take into account the assistant's signals, but not mindlessly execute them.

If, in addition to technical analysis, you use such an important element of fundamental analysis as the economic calendar, you can achieve serious success in the field of binary options trading.