WHAT'S THE NEW OTFM V2?
This is the latest updated version of OTFM with some small tweaks. The updated version consisted of canceling a lot of noise especially with the consolidation market that may pop up in the alert resulting false signals. With OTFM V2, you get more accuracy alerts than first version of OTFM.
WHAT TYPE OF MARKET TO USE?
OTFM V2 mainly uses for any forex pairs typically for scalping or Options with short-term expiry time such as hourly expiration.
HOW IT WORKS?
OTFM V2 indicator uses a combination of moving averages and trend analysis to trigger a BUY (blue arrow pointing up) or a SELL (red arrow pointing down) signal. When certain condition is met, it will immediately pop up an alert signal for you to take. It will trigger with all types of market condition. There is no repaint since it is based of the previous closed candle.
HOW TO USE?
When the signal triggers a “BUY” or “SELL” you want to wait for that candle to close and then you enter the next candle as your entry. If you’re trading binary options, you want to take the OTM (Out the Money) contracts for low risk/ high reward and take profits once the market is going in your direction. This indicator works best when you scalp and not hold till expiry. You want to leave room for your hourly expiration typically within one hour or 2 hour. This will avoid any market reversal if it decides to go South. You can turn on push notification on your phone so you won’t have to miss any signals.
This indicator is a month to month subscription. If you’re interested in a 2 DAY FREE trial for testing. PM me to access the OTFM V2.