BigOption’s Strategy Advisor – A marvelous trading calculator

strategy advisor

 

Have you ever imagined the realm of possibilities that binary options trading can offer? BigOption today is proud to launch the marvel of this modern generation of binary options, a trading calculator. This calculator known as the Strategy Advisor on BigOption’s platform will give traders a new dimension to transact informatively and confidently.

What is the big deal with the BigOption’s Strategy Advisor?

BigOption’s Strategy Advisor is a unique and outstanding feature that traders will not find anywhere else. The trading calculator is available on the Classic binary options tool. The strategy advisor as the name suggests, provides traders with the power to anticipate asset’s behaviour with the use of 3 popular techniques. The strategy advisor consists of the Relative Strength Indicator (RSI), the Moving Average (MA) and the Bollinger Bands.

 

The strategy advisor thoroughly analyses asset’s behaviour on the basis of the expiry time that is initially set. Traders can choose any of the three strategies to get a forecast. On BigOption’s platform, the strength of the Classic Binary options is that traders can find a wide variety of assets to trade with. Also, the expiry times are flexible and the payout can reach up to 75%.

The Strategy advisor at a glance

The BigOption strategy advisor entails three important components used widely by analysts to scrutinize market trends. The trading calculator uses the following components to give an estimation of asset trends but traders only have to click over their desired technique and let the calculator trigger a forecast. Let’s look at them thoroughly:

Relative Strength Indicator (RSI):

The Relative Strength Index is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It can also be seen on chart and is likely to vary between a range of 30.000 and 70.000, which can be seen as the floor and the ceiling of a market.

Moving Average:

This indicator helps out determine price by filtering out the disturbances from random price variations. It is a trend following indicator based on past prices, which helps to find the average rate of an asset over a given time period. It is also used to identify the possible trend direction and determine the support and resistance levels on a chart.

Bollinger Bands:

This analysis tool is simply 2 bands which have standard deviations from a simple moving average on a chart. When the market becomes more volatile, the bands widen further from the SMA line and the less volatile the market is, the more the band contracts on the chart. Therefore, if the price is near and ready to touch the upper band, it means that the market is overbought. On the other hand, if a bearish candle is ready to touch the lower band, it is a signal that the market is oversold.

 

Keeping aside these technicalities, traders can now place transactions using any of the three methods. With its completely automated features, trading becomes even more enjoyable with the Strategy Advisor. This trading calculator is another innovation brought by BigOption, giving a new edge to the binary options industry. So traders, do not hesitate, go on the Classic binary options tool and try the trading calculator for free. No-strings attached, the BigOption Strategy Advisor will bring your trading experience to new heights.

Priscilla Camryn By: Priscilla Camryn
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