Where to take full Binary Options charts?

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Hello, fellow traders!

Novices in the world of binary options often face a problem: there are plenty of strategies and indicators, but it is not clear how to use them technically. The fact is that most brokers provide a very meager arsenal of analytical tools for options trading and, as a rule, is not everyone’s favorite Metatrader 4. What to do? Where can I get charts for a full technical analysis in binary options trading? All this will be discussed in this article.

Step-by-step instruction

In fact, everything is very simple.

  1. Download and install the MT4

Download and install the most popular trading platform Metatrader 4 from a site of any Forex broker. For example, from Instaforex or Alpari.

  1. Open a Demo Account

After installing MT4, open a demo account in it.

Through the File, Open an Account (demo account is proposed to open the first time you open the program).

Choose a trading server, click Next.

Select “New demo account” and click Next again.

We will be offered to fill personal data. You don‘t need to type in something real, the main thing is that the number of characters and [email protected] format in the E-mail should match. It is also necessary to put a tick “I agree to receive news by e-mail.”

Then click Next.

Done! Demo account is opened.

  1. Install the necessary strategies and indicators files

Now, we have a full working terminal for market analysis. If necessary, set the strategy and additional indicators files.

  1. Learning to work with the trading terminal

Terminal Metatrader 4 has many features that would be good to learn about. Therefore, if you just started your trader’s path, I recommend you to study the lesson on working with this terminal.

  1. Conduct the necessary technical analysis

We conduct market research (of the desired trading instrument) in the Metatrader 4 demo account but open the positions on binary options directly in our broker platform.

Conclusion

Why do we need Metatrader 4? Not to be left out in terms of technical analysis capabilities, which will allow us to trade profitably and make money on a challenging field of binary options. It’s very simple: analyze the market in MT4, and trade in your broker platform.

I hope this material was useful to you. Good luck at trading!

P.S. You can also use the TradingView online charts service. It has a lot of tools for technical analysis.

Take care, Michael

ForeTraderPortal.com

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