JUST TRADING
A trending indicator, Accurate Larna, initially created for forex, was merged into the network and converted for binary options. It helps determine trends and generates signals for trading in the form of arrows. The indicator can be found on Metatrader4 and is used for 5-minute timeframes with one-hour expiration. A call should be bought in an uptrend and a put should be bought in a downtrend. Trading with the Accurate Larna indicator is only conducted on a 5-minute timeframe. The indicator can be downloaded from the link in the video description.
The Accurate Larna Indicator: An Overview
The Accurate Larna Indicator was originally created for use in the forex market but was later converted for binary options trading. Initially, it was only available to a select group of users on a closed foreign forum but was eventually made available to the public through a series of mergers.
The indicator is currently trending and based on two key indicators, the ADX and High Kanashii. Combined, they allow users to determine the trend, and generate signals for trading in the form of arrows.
In this article, we will take a closer look at the Accurate Larna Indicator, its characteristics, and how it can be used to make profitable trades in the binary options market.
Understanding How the Accurate Larna Indicator Works
The Accurate Larna Indicator is designed to help traders identify trends in the market and generate signals for trading opportunities. It consists of a cloud and local support and resistance levels. The cloud serves to identify the trend, while the support and resistance levels are used to enter and exit trades.
The indicator generates buy and sell signals in the form of arrows. A buy signal is generated when the price is above the cloud and a local level of support has appeared. A sell signal is generated when the price is below the cloud and a local level of resistance has appeared.
The Accurate Larna Indicator can be used with the MetaTrader4 terminal, and is most effective when used with a time frame of five minutes. The recommended expiration period for trades is one hour.
Identifying Uptrends and Downtrends
The Accurate Larna Indicator can be used to identify both uptrends and downtrends in the market. When an uptrend is identified, traders can use the buy signal to enter trades. Similarly, for a downtrend, sell signals can be used to enter trades.
To identify an uptrend, traders should look at the hourly chart on the panel. The candles on the chart should be blue in color, and a local support level should have appeared. Additionally, the price should be above the cloud, and a signal with the buy signature should be visible.
For a downtrend, traders should look for red candles on the hourly chart. A local resistance level should have appeared, and the price should be below the cloud. A signal with the sell signature should also be present.
Trading with the Accurate Larna Indicator
When using the Accurate Larna Indicator, traders should keep in mind that it is intended to be used for short-term trades. The indicator is most effective when used with a time frame of five minutes and an expiration period of one hour.
To make trades using the indicator, traders should look for buy or sell signals based on the trend identified. If a buy signal is identified, a call option should be purchased. On the other hand, if a sell signal is identified, a put option should be purchased.
It is important to note that the Accurate Larna Indicator should be used in conjunction with other technical analysis tools for best results. This can help to confirm the accuracy of the signals generated by the indicator and minimize risks.
Conclusion
The Accurate Larna Indicator is a powerful tool for binary options traders looking to identify trends in the market and generate signals for profitable trades. The indicator is based on two key indicators, the ADX and High Kanashii, and is designed to be used with a time frame of five minutes and an expiration period of one hour.
Traders using this indicator should keep in mind that it is intended for short-term trades and should be used in conjunction with other technical analysis tools for best results.
By following the guidelines outlined in this article, traders can make profitable trades using the Accurate Larna Indicator and achieve success in the binary options market.
