Binary options are banned or restricted for retail traders in many countries, including the EU, the UK, Australia and Canada. In the United States, they are only allowed on regulated exchanges. Check the rules where you live before opening any account.
The Ideal Trade terminal now has two charts: Light, which was already there, and Advanced, with TradingView charts. You pick one in the chart selector, and your choice is saved to your account.
A lot of people think they need a chart packed with features to trade well. You don't. What protects your balance is money management. But if you already have a method and like to study price calmly, you just got one more tool.
In this article I show you what changes between the two charts, when to use each one and how to turn on Advanced.
What the Advanced chart is
Advanced uses TradingView's Advanced Charts library, the same family of charts many traders already know. Inside Ideal Trade, it gets the live price of the same asset you are trading.
What you get:
- 100+ built-in indicators, such as moving averages, RSI: An indicator that measures the strength of a move. See in the glossary, MACD: An indicator that measures trend and momentum. See in the glossary and Bollinger Bands: An indicator that measures volatility. See in the glossary.
- Drawing tools: Trend: The prevailing direction of price (up, down or sideways). See in the glossary lines, Support: A zone where the price tends to hold declines. See in the glossary and Resistance: A zone where the price tends to stall rallies. See in the glossary, Fibonacci, rectangles and notes.
- More timeframes: besides 1 tick, 1, 5 and 15 minutes and 1 hour, also 2, 3, 10 and 30 minutes, 2, 4 and 8 hours and 1 day.
- Your trade marks: entry, entry price and result show on the chart, for manual and robot trades.
The drawings and indicators you set up are saved in your browser. Come back tomorrow and everything is still there.
Light or Advanced: which one
Both show the same price. The difference is what each one does well.
| Situation | Chart to use |
|---|---|
| You are starting out and want clarity | Light |
| The robot is running | Light (or Room mode) |
| Simpler computer or phone | Light |
| You want to analyze with indicators and drawings | Advanced |
| You want bigger timeframes, in hours or days | Advanced |
Light is the default. It loads fast and is light on your browser. That is why it is the one to use when the robot is on: less running on the screen, less chance of getting in the way.
Advanced is for manual analysis. If you already know what you are looking for on the chart, it gives you the tools. If you don't, more indicators just mean more noise.
More indicators is not more accuracy
Here is the trap. With 100 indicators at hand, the temptation is to Fill: The execution of an order. See in the glossary the screen and wait for all of them to agree.
That doesn't happen. And when it seems to, the entry is already gone.
- Pick a few indicators and understand what each one measures.
- Draw only what changes your decision: support, resistance and the trend. The rest is decoration.
- The chart doesn't decide your trade size. Your money management does. See money management for binary options.
A beautiful chart with bad money management still blows accounts.
How to turn on Advanced
- Create your free account on Ideal Trade or log in to the one you have. The interface is in Portuguese for now.
- Connect your broker account and start on the demo account.
- Open the trading terminal.
- At the top of the chart, choose Advanced ("Avançado"). The first time, it takes a few seconds to load.
- Set up your chart: a few indicators, the drawings that matter and the timeframe of your method.
- Turning on the robot? Switch back to Light ("Leve") or use Room mode.
Ideal Trade is not a Broker: A company that intermediates your trades in the market. See in the glossary. Your account, deposits and withdrawals are with the broker you connect. If you are still learning how it all works, start with what binary options are and their risks and the difference between binary and digital options.
Want to keep learning with other traders? Join the free English Telegram group at the end of this page.
Summary
- The terminal has two charts: Light, the default, and Advanced, with TradingView charts.
- Light for the robot, simpler computers and your phone.
- Advanced for manual analysis, with indicators, drawings and more timeframes.
- A few indicators, only the drawings that change your decision, and money management set beforehand.
- Ideal Trade is not a broker, and you always start on demo.
A good tool helps. You are the one who protects your balance. Trade with method.
Binary options and CFDs come with a high risk of loss, including the full amount of each trade. Indicators and charts do not ensure results. This content is educational and is not investment advice. Always start with a demo account. Charts provided by TradingView.
Frequently asked questions
Does Ideal Trade use TradingView charts?
Yes. In the trading terminal, the chart selector lets you choose between Light and Advanced. Advanced uses the TradingView Advanced Charts library, with its indicators and drawing tools.
Do I have to pay to use the Advanced chart?
No. Signing up for Ideal Trade is free, and the Advanced chart is available in the terminal for every account. The interface is in Portuguese for now.
Which chart is better when the robot is running?
Light. It is simpler and lighter on your browser. Room mode ("Modo sala") is another light way to follow the robot's trades.
Are my drawings and indicators saved?
On the Advanced chart, drawings and indicators are saved in the browser you used. Your choice between Light and Advanced is saved to your account and works on any device.
Is Ideal Trade a broker?
No. Ideal Trade is the tool where you analyze and trade. Your account, deposits and withdrawals are with the broker you connect to it.
⚠️ Options and CFDs come with a high risk of loss. Educational content, not investment advice.
Cristiano Pereira has been trading since 2017, manually and with robots. He created the Trader Consistente method and the Trader Bots Club and Ideal Trade platforms. He teaches traders who keep blowing their accounts to trade with method, risk management and discipline, to withdraw profits and to build wealth. He does not sell daily profits.
cristianopereira.com.br → (opens in a new tab)