March 19, 2021

vfxAlert — best soft for options trading

What is an option?

Options are flexible investment tools that attract many traders from over the world. An option is a contract that allows, but does not require to buy or sell an asset over a certain predetermined price. There are two types of options: "call options" and "put options". A call option gives the trader the right to buy an asset. A put option gives the owner the right to sell at a specific price. Options trading is interesting because such practice allows making the profit both on ups and downs of price. There are numerous strategies that are developed vfxAlert is software that was created especially for options trading. This program provides a large spectrum of different analytical instruments. Watch the video, and see how this application works.

What you receive when you start working with vfxAlert:

  • Helpful interface, all essential in the single working window;
  • Best live options trading signals;
  • Heatmaps and signal statistics;
  • Possibility to trade with different brokers;
  • Online charts; Various trend indicators;
  • Market news;
  • Possibility to send the signals by telegram messenger.

What is trading signal

The trading signal is the recommendation on a specified currency pair, to be executed at an indicated price and time. Traders can open any broker's platform, set the necessary indicators, and start trading. However, you should understand that trading signals didn’t guarantee a change in the attitude of the currency pair. They just predict the result, so in any case, make your choice based on your own strategy. If you want to be a successful trader, you need to create a working trading strategy. Remember, there is no magic in trading. Constantly educate yourself, and the effort will be rewarding. 

Structure of signal

  1. Asset — currency pair used in trading. 
  2. Price — price when the signal has appeared. For adaptive algorithm is the open price of the current candle.   
  3. Time — the time when the signal has appeared. For adaptive algorithms the time since the last update.
  4. Expiration — a time of the signal’s expiration. Follow this indicator very attentively. When time is up, the signal will disappear. 
  5. Power — number of profitable options in the past with this combination of indicators. 
  6. Signal — CALL or PUT options.
  7. Algorithm — signal generation algorithm.
  8. Heatmap — Statistical winning percentage collected for the values of the technical indicator on a different timeframe.

Ready to start the options trading? Subscribe on a free account or download the vfxAlert.