## *How to find best currency pairs charts to trade on Quotex ? "Binary Trading"* **Key Tips for Selecting a Good Trading Chart :-** Choosing the right chart for binary options trading is Important. Before selecting a chart, focus on these key factors: 1. **📌 Trend** 📈📉 2. **📌 Volatility ⚠️** ### 1.Understanding Volatility in Binary Trading Volatility is important in binary options trading because it helps traders understand how much the price might move in a given time. Here’s a simple explanation of volatility and how to choose the best chart for 1-minute trading on Quotex. [DERROR title="Note" font="red" bg="white" border="red"]We're not going into detail about volatility, just focusing on how it helps find the best chart to trade on Quotex.[/DERROR] #### Types Of Volatility in Binary trading ##### Best Volatility ###### Best Market Volatility Explained with 5 SMMA: (Based on Previous Chart) 1. **Add the 5-Period SMMA Indicator** First, add the 5-period SMMA indicator to your chart. 2. **Analyze the Chart** Observe the market movement on the previous candles. If the market crosses the 5-period SMMA line, wait for confirmation. Look for **at least two consecutive candles of the same color** forming after the crossover. 3. **Check for Support or Resistance** Ensure that the market takes support (in an uptrend) or resistance (in a downtrend) on the 5 SMMA line after the candles form. 4. **Choose the Right Market** A chart that meets these conditions indicates a market with **ideal volatility** for trading. Such markets typically provide smoother and more predictable trends, reducing the risk of sudden reversals. [ASUCCESS]👇**Check Screenshot 👇**[/ASUCCESS] [IMG]https://i.imgur.com/SZnys1zh.png[/IMG] ##### High Volatility ###### Why Avoid High Volatility Markets for 1-Minute Trades: (Based on Previous Chart) 1. **Price Moves Too Quickly**: * High volatility means the price moves up and down quickly, making it hard to predict where it will go next in just one minute. * Long wicks and changing red and green candles show that the price is moving a lot in both directions, **Which is risky.** 2. **More Risk**: * In 1-minute trades, you need clear price movement. With high volatility, the price can move against you quickly, leading to more losses. 3. **False Signals**: * High volatility can make indicators give wrong signals, leading you to think the price will go in one direction, but it suddenly changes. ### Conclusion: * It's best to **avoid high volatility** for 1-minute trades because the price can move too fast and make it harder to predict. Look for a **more stable market** for safer and more reliable trades. ##### Low Volatility ###### Why Avoid Low Volatility Markets for 1-Minute Trades: (Based on Previous Chart) 1. **Price Moves Slowly**: * In low volatility, the price doesn’t change much. It stays mostly stable, making it hard to predict a clear direction in a short 1-minute trade. 2. **Fewer Opportunities**: * Since the price isn’t moving much, there are fewer chances to win a trade. The market is too quiet, Which often makes small candles, doji candles, or candles with no body. 3. **Risk of Losing**: * With low volatility, you may enter a trade thinking the price will move, but because it’s too stable, it can lead to a loss instead of a win. ### Conclusion: * **Low volatility** is not good for **1-minute binary trades** because the price doesn’t move enough to give a clear direction. It’s better to trade in markets with **normal or higher volatility** for better chances of winning. > **We Use Candlestick Charts ( Recommended ) :-** [Candlestick charts](https://www.investopedia.com/trading/candlestick-charting-what-is-it/#:~:text=a%20different%20way.-,Candlestick%20charts,-are%20more%20visually) are more visually intuitive due to the color coding of the price bars and thicker real bodies.

To find the best trading chart on Quotex, follow these steps: 1. **Log in to Quotex**: Access your Quotex account via their website or app. 2. **Select Your Asset**: * On the trading dashboard, select the asset you want to trade (e.g., forex, cryptocurrencies, commodities, etc.). * The type of asset can affect which chart is most suitable for your strategy. 3. **Choose the Chart Type**: * Quotex offers different chart types like **Line**, **Candlestick**, **Bar**, and **Heikin Ashi**. * For most traders, the **Candlestick chart** is the most popular because it provides detailed information on price movements over time, including opening, closing, high, and low prices. 4. **Adjust the Timeframe**: * Select the timeframe for the chart depending on your trading strategy (e.g., 1 minute, 5 minutes, 1 hour, or 1 day). * Shorter timeframes (e.g., 1-minute or 5-minute charts) are ideal for day trading or scalping, while longer timeframes are better for swing trading or long-term analysis. 5. **Apply Technical Indicators**: * Quotex allows you to add technical indicators like **Moving Averages**, **Bollinger Bands**, **RSI**, and **MACD** to enhance your chart analysis. * Experiment with different indicators based on your strategy to find the combination that works best for you. 6. **Customize the Chart**: * You can also customize the appearance of the chart (colors, gridlines, etc.) to make it easier to read and analyze. * Use zoom and pan functions to focus on specific areas of the chart. By selecting the appropriate chart type, timeframe, and technical indicators that match your trading style, you can find the best trading chart on Quotex for your needs.

How to find best trading chart on Quotex?

RahulChaurasiya

How to find best currency pairs charts to trade on Quotex ? “Binary Trading”

Key Tips for Selecting a Good Trading Chart :- Choosing the right chart for binary options trading is Important. Before selecting a chart, focus on these key factors:

📌 Trend 📈📉
📌 Volatility ⚠️

1.Understanding Volatility in Binary Trading

Volatility is important in binary options trading because it helps traders understand how much the price might move in a given time. Here’s a simple explanation of volatility and how to choose the best chart for 1-minute trading on Quotex.

Note:

We’re not going into detail about volatility, just focusing on how it helps find the best chart to trade on Quotex.

Types Of Volatility in Binary trading

Best Volatility

Best Market Volatility Explained with 5 SMMA: (Based on Previous Chart)

Add the 5-Period SMMA Indicator
First, add the 5-period SMMA indicator to your chart.
Analyze the Chart
Observe the market movement on the previous candles. If the market crosses the 5-period SMMA line, wait for confirmation. Look for at least two consecutive candles of the same color forming after the crossover.
Check for Support or Resistance
Ensure that the market takes support (in an uptrend) or resistance (in a downtrend) on the 5 SMMA line after the candles form.
Choose the Right Market
A chart that meets these conditions indicates a market with ideal volatility for trading. Such markets typically provide smoother and more predictable trends, reducing the risk of sudden reversals.

👇Check Screenshot 👇

High Volatility

Why Avoid High Volatility Markets for 1-Minute Trades: (Based on Previous Chart)

Price Moves Too Quickly:
- High volatility means the price moves up and down quickly, making it hard to predict where it will go next in just one minute.
- Long wicks and changing red and green candles show that the price is moving a lot in both directions, Which is risky.
More Risk:
- In 1-minute trades, you need clear price movement. With high volatility, the price can move against you quickly, leading to more losses.
False Signals:
- High volatility can make indicators give wrong signals, leading you to think the price will go in one direction, but it suddenly changes.

Conclusion:

It’s best to avoid high volatility for 1-minute trades because the price can move too fast and make it harder to predict. Look for a more stable market for safer and more reliable trades.

Low Volatility

Why Avoid Low Volatility Markets for 1-Minute Trades: (Based on Previous Chart)

Price Moves Slowly:
- In low volatility, the price doesn’t change much. It stays mostly stable, making it hard to predict a clear direction in a short 1-minute trade.
Fewer Opportunities:
- Since the price isn’t moving much, there are fewer chances to win a trade. The market is too quiet, Which often makes small candles, doji candles, or candles with no body.
Risk of Losing:
- With low volatility, you may enter a trade thinking the price will move, but because it’s too stable, it can lead to a loss instead of a win.

Conclusion:

Low volatility is not good for 1-minute binary trades because the price doesn’t move enough to give a clear direction. It’s better to trade in markets with normal or higher volatility for better chances of winning.

We Use Candlestick Charts ( Recommended ) :- Candlestick charts are more visually intuitive due to the color coding of the price bars and thicker real bodies.

TGLinkHub

To find the best trading chart on Quotex, follow these steps:

Log in to Quotex: Access your Quotex account via their website or app.
Select Your Asset:
- On the trading dashboard, select the asset you want to trade (e.g., forex, cryptocurrencies, commodities, etc.).
- The type of asset can affect which chart is most suitable for your strategy.
Choose the Chart Type:
- Quotex offers different chart types like Line, Candlestick, Bar, and Heikin Ashi.
- For most traders, the Candlestick chart is the most popular because it provides detailed information on price movements over time, including opening, closing, high, and low prices.
Adjust the Timeframe:
- Select the timeframe for the chart depending on your trading strategy (e.g., 1 minute, 5 minutes, 1 hour, or 1 day).
- Shorter timeframes (e.g., 1-minute or 5-minute charts) are ideal for day trading or scalping, while longer timeframes are better for swing trading or long-term analysis.
Apply Technical Indicators:
- Quotex allows you to add technical indicators like Moving Averages, Bollinger Bands, RSI, and MACD to enhance your chart analysis.
- Experiment with different indicators based on your strategy to find the combination that works best for you.
Customize the Chart:
- You can also customize the appearance of the chart (colors, gridlines, etc.) to make it easier to read and analyze.
- Use zoom and pan functions to focus on specific areas of the chart.

By selecting the appropriate chart type, timeframe, and technical indicators that match your trading style, you can find the best trading chart on Quotex for your needs.