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Next, the player will proceed to the Bollinger Bands section.
In this section, we can adjust the contrast levels to make the observation process easier.
Moving on to select the RSI section.
We will choose the color parameter settings, defaulting to Period = 14, Overbought = 75, Oversold = 25.
Finally, we complete by clicking on the Apply section, the steps on the screen will be displayed as follows:
For a detailed and clear understanding of playing IqOption, the Free Download will explain the detailed contents to you:
1. What does the appearance of green and red candles mean?
During the gameplay, we will see a candle appearing within a timeframe of 5 to 10 seconds. During that time, there will be a candle with the highest price and also a candle with the lowest price.
A green candle indicates that the opening price is lower than the closing price, while a red candle signifies that the opening price is higher than the closing price.
2. What is a bearded candle?
A bearded candle occurs when during the formation period, the market's beard has been pushed to a higher price level than the closing price.
3. How are Bollinger Bands and RSI charts used?
Bollinger Bands chart will have a white line between two green lines which indicates the trend of the chart. According to the theory of Bollinger Bands, if a green candle exceeds the upper green line or exceeds the level of a red candle and simultaneously exceeds the level of the red line, then the next candlestick will return to the middle of the green and red lines.
Regarding RSI chart
The RSI chart will help players easily observe the fluctuations of the candlestick columns.
Above is the guide from Free Download on how to play IqOption from basic to advanced, for new players, hoping to provide readers with basic information, knowledge of playing IqOption, or the best IqOption playing experience. Hopefully, readers will successfully apply and have the best IqOption playing secrets. Along with this useful content, Free Download also shares with readers many other related contents such as What is IqOption? How to register IqOption to make billions, this is also quite basic content for those who are just starting out and want to pay attention and invest in IqOption, readers can follow the article What is IqOption? How to register IqOption to make billions from Free Download.
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