binary options broker is known to have a binary options platform that is fairly well developed and highly appealing to traders. Few days ago when we discussed the fact that the Cedar Finance broker launched the super turbo binary options in spite of warnings
, we have seen that the 24option broker has a better reputation as this latter also offered very short-term binary options, thus making it possible to earn profits in the very short term, hence making this broker part of the brokers that offer innovative services that are at the cutting edge technology with respect to binary options. Today we return once again to the 24option broker because it has recently developed its platform one step further by adding Japanese candlestick charts to binary options.
Japanese candlestick charts
The graphic representations in the Japanese candlestick charts also called “candles” are types of graphics used in technical market analysis to represent the course of an asset such as that of a currency pair, a share, an index, a raw material, or a share of a company listed on the stock market, and view its fluctuations.
Japanese candlestick charts allow traders to have access to a graphical representation of any value during a previous period, the previous graphic representation but also the present one (candlestick chart during training) is expected to provide guidance to traders on the future direction of the rate and thus encourage them to take a position on the market by focusing on either the downward or upward position. 24option decided to incorporate this type of graphic in its binary options platform
, thus allowing it to stand out from competitor binary options brokers
which for the most part do not offer a simple online graph to their traders.
The technical analysis platform of 24option
It is therefore now possible to choose the type of desired chart on the binary options platform of the 24option broker. Depending upon own preference, the trader can display the Japanese candlestick chart (candlesticks) in OHLC (open high low close) or even online. Of course the time unit (timeframe) is customized according to the preferences of each trader. It is possible to display the Japanese candlestick chart as 60 seconds, 5 minutes, 30 minutes and 1 hour. The platform allows its traders to create designs on the graph, they can use the basics of technical analysis such as horizontal lines, vertical lines, trendlines (trendlines), parallel lines and Zig Zag lines over a multitude of geometric shapes.
An extensive list of technical indicators, such as MACD, RSI, Stochastic, Bollinger bands and moving averages, which are well-known technical analysis tools, are also integrated into the platform by 24option and are expected to help traders in their analyzes. Also it should be noted that an entire menu is dedicated to the Fibonacci indicators, where we find Fibonacci retracements, Fibonacci areas, the range of the Fibonacci or the Fibonacci scopes, hence offering traders the possibility to carry out the most advanced graphical analyzes and draw the best conclusions in order to take a position on the market effectively and intelligently.
All the features mentioned here-above are available trading instruments that the broker proposes to its traders to speculate on and make money. Traders who practice “traditional” trading with forex brokers already benefiting from this type of advanced platforms (such as the MetaTrader trading platform) will now be able to benefit from the same kind of work environment this time with a quality binary options broker and above all in the form of a webtrader (internet browser) that does not require any software downloads or any installation on the computer. The 24option broker fills a gap that some binary options traders could be experiencing. Further note that another binary options broker also offers a similar platform on which technical analysis can be carried out using advanced graphics through Japanese candlesticks and technical indicators; this broker is OptionTime
, regulated by 12 financial regulators.
100% bonus on deposit negotiated with 24option
In addition to keeping the public informed of what is happening within the binary options industry and of news and offers from the brokers, our team has been on a mission to offer traders the best binary options bonuses
. It has negotiated exceptional bonuses with most brokers in our comparative chart of binary options brokers
. Upon opening a trading account
through this website with the 24option
broker, it is for example possible to benefit from a 100% bonus on deposit (to directly double one’s initial investment), whereas the broker normally offers a 20% bonus. “bonus terms and conditions apply”.
Being a reader of this website, another feature that will automatically be available to traders who proceed to opening a trading account with a broker is the BonusBinaryOptions.net guarantee, i.e. the protection of our team in case of conflict encountered with a broker. Upon simple contact made on your behalf through our binary options forum, via our system of comments on the blog or e-mail, we will be aware of the problem encountered with the broker in question and we will try to find a quick solution thanks to our special relationship with most binary options brokers.