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Ultimate Guide To Trading Candle Colors Alongside Bollinger Bands

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Many professional traders will agree that the easiest way to make money on IQ Option is by using the simplest strategy. This means relying on simple signals such as candle colors. But unless you know how to read candle colors by themselves, you’ll need to use them alongside one or more indicators. In this guide, I’ll teach you how to use candle colors with Bollinger Bands to trade on the IQ Option platform. Setting up Bollinger Bands on IQ Option Bollinger bands are one of the most popular types of indicators among traders. To learn more about this indicator, the  Guide to Trading with Bollinger Bands on IQ Option  is a must read. To set up Bollinger bands, click on the indicators feature on your trading interface. Next, select popular and finally select Bollinger Bands. The standard period of B-Bands is 20 and the deviation is 2. Let these settings remain as they are on your IQ Option trading interface. Once, set up, you chart should look like the one below. Ho
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Guide To IQ Option Tournaments

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One of the features that makes IQ Option stand out is their tournaments. These pit traders against each other competing to earn a piece of the prize money. Besides being fun to participate in,  IQ Option tournaments allow you to test your trading skills . They’re also a great way to make tons of cash prizes with a little investment. How IQ Option tournaments work IQ Option  will regularly announce upcoming tournaments on their website. You can also get information regarding upcoming tournaments through your trading interface. Simply click on the “Tournaments” feature on the left of your trading interface. Tournaments will run for 1 day to 1 month. The entry fee ranges between $2 to $20 depending on the duration and the prize pool. You can only trade options in IQ Option tournaments. To join, you’ll be required to invest an entry fee. A percentage of this fee – typically between 60% and 80% is placed into the prize pool. Once, you’re registered, IQ Option will
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The Best 4-Step Candlestick Strategy.

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Of all trading and market analysis tools out there, most traders will agree that Japanese candlesticks are the most important. Any attempt at trading on IQ Option without properly understanding them is like walking in the dark. But it’s not only about knowing them, but also using them well. The only way you will be able to do this is by developing a candlestick strategy. Procedure for Candlesticks strategy. It doesn’t matter what security you trade on, you will still need candlesticks. On IQ Option, candlesticks also allow you to clearly see the struggle between bears and bulls in a new and simpler way. Candlesticks will help you to further understand market trends and make the right trading decisions. But just knowing them isn’t enough. There has to be a systematic way you can apply them. This way is called the candlestick strategy. Here is how you go about it. Determine the types of candlesticks you are dealing with. It is at this stage that your vast knowledge of ca
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Guide for Recovering $10000 Virtual Money on the IQ Option Practice Account

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Guide for recovering $10000 virtual money on IQ Option demo account For many beginner traders, using the free IQ Option demo account is the best way to learn about the platform. But losing trades can easily wipe out the $10000 virtual money that comes credited in it. So what can you do when this happens? Naturally, you’d try to open a new practice account. However, the easier and recommended thing to do is recover $10000 in the same account you’re using. How to recover $10000 virtual money on your IQ Option demo account Start by clicking on the deposit tab at the top right of your practice account. Next, on the “Practice account” option select   deposit   $10000. Once this is done, IQ Option automatically adds $10000 virtual cash into your account.   Recovering $10000 virtual cash in the IQ Option demo account It’s worth noting that IQ Option will only allow you to recover the $10000 virtual money in the practice account when the balance drops below $2000. In addition, y
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Guide To Trading Long Positions Using MACD, EMA And Parabolic SAR On IQ Option

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  Trading long positions on   IQ Option presents   higher probability of getting winning trades. However, you must know the direction the markets are taking before you enter into a long trade. In this guide, I’ll teach you how to use 3 different indicators to accurately predict a trend reversal. This will help you enter long winning trades on the IQ Option platform. Create indicator template consisting of EMA, MACD and Parabolic SAR Once you’ve logged into your trading account, you should first set up each indicator individually. Next, click on the “Added” feature on the indicators tab. This will show all indicators added. Click n the “Save indicator template” link at the bottom. This allows you to use this set of 3 indicators in your future trades without having to set them up individually again. Note that each indicator’s settings should be adjusted to suit your trading strategy and preferences. For example, if you’re trading 30 minute intervals, you can change t
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Guide To The IQ Option Leaderboard

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  One of the ways to know whether an options trading platform is legit or not is by finding out if traders actually make money on it. It’s difficult tracking down traders and asking them whether they are making money trading. Most will actually avoid discussing their earnings with you. IQ Option has a feature that solves both problems – the leaderboard. That’s what I’ll cover in this short guide. What is the IQ Option leaderboard? This is a unique feature that allows you to quickly view which traders have made the most money on the platform over a period of 1 week. The traders are arranged in descending order with the person with the most gross profit being ranked number 1. Besides top traders, the leaderboard also allows you to see your current rank. That is, how your earnings compare with other traders’ earnings on the platform. Viewing the IQ Option leaderboard This feature is located on the left hand panel of your trading interface. Simply click on “Leaderboard” a
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Guide To Trading Using The DeMarker Indicator On IQ Option

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  The DeMarker (DeM) indicator is an oscillator that relates recent price action to closing prices. As such, it’s used to identify overbought and oversold areas giving you an idea about high risk and low risk buying and selling areas. This guide will teach you how to set up this indicator on IQ Option. Next, well use it to trade. Setting up the DeM indicator on IQ Option   Once you’ve logged into your trading account and set up your Japanese candles chart, click on the indicators feature. Next, click on Momentum and finally select the DeMarker indicator.   Next, change the DeM settings. The period should be set to 14. The overbought line should be set to 70 while the oversold line should be set to 30. Click on apply. The DeMarker line fluctuates between 0 and 1. Common values within this range are 0.7, 0.5 and 0.3. Trading using the DeMarker indicator on IQ Option If the DeM line is fluctuating around the 0.5 value, the markets are ranging and
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