The best Arrow indicator without redrawing for binary options. Arrow indicators without redrawing for binary options and Forex - download for MT4

Tool results technical analysis for the MetaTrader terminal are visually presented in the most various forms. These can be lines, histograms, numbers, text information, etc. But in this article we will look at Forex arrow indicators without redrawing, characterized by extreme ease of use.

Their hallmark– displaying exclusively two types of graphic elements on the quote chart. One of them indicates a preference for opening a short position, and the other indicates a preference for opening a long position. Most often, these graphic elements are arrows (which is why these technical analysis tools are called arrows). If such an arrow is oriented downwards, then this is a signal to sell, and if it is oriented upwards, it is a signal to buy.

The absence of redrawing indicates that the signals generated by the indicator will not disappear uncontrollably or appear on already closed candles. Non-redrawing analytical technical tools provide objective assessment reliability of their signals based on historical data. As a rule, redrawing occurs due to errors in the programming of analysis algorithms or due to the errors of these algorithms themselves. Therefore, trading using redrawing indicators cannot be profitable.

NR7 (download )

It searches for the narrowest range between the high and low of the candle within an interval of specified quantity periods. When it is located at the top, a red arrow appears (Fig. 1), indicating that the trader needs to place two pending stop orders (PSO) at the High-price and Low-price levels of the signal candle (SS).

This indicator works on the idea that after breaking through a narrow price range (BP), the quote will move in the direction of this breakout by at least 100% more width broken CD. When one CCA is activated, the second CCA is removed. The Stop Loss of the transaction is placed immediately behind the opposite extremum of the SS, and the size of the Take Profit is equal to twice the width of the broken CD.

DayTradingDashBoard (download )

It is somewhat similar to the previous indicator, since it also identifies periods of contraction of the central price. Most often, they are consolidation - periods of stopping the movement of a quote along a trend, providing a concentration of energy that gives the quote a subsequent impulse in the direction of the existing trend. Moments of consolidation are indicated by filled rectangles, and breaking through their boundaries is accompanied by the display of arrows on the chart:

• blue – when the upper border is broken (Fig. 2);
• red – when the lower border is broken.

A sale is made when a red arrow appears, and a purchase is made when a blue arrow appears. Stop Loss is placed on the unbroken consolidation border. Filtering of signals is carried out in accordance with information about the trend on a higher timeframe, displayed in the table of the basement window.

Buy Sell Magic (download )

Essentially, it is a combination of Parabolic and Bollinger Bands. Therefore, it is installed on the chart in the form of a template, which provides the required configuration of both their mode of operation and visualization, which ensures ease of analysis (Fig. 3).

In addition to the arrows (green - buy, red - sell), which are generated by Bollinger Bands, this indicator also indicates the placement point of the Stop Loss of the transaction (it is determined by the Parabolic SAR algorithm).

Arrow indicators without redrawing for binary options (BO)

In addition to the forex market, technical analysis tools are widely used to purchase BOs. Next we will consider 3 non-redrawing indicators.

BinaryCashComodo (download )

It is a highly effective combination of an oscillator and a trend indicator. RSI was used as the first, and a pair of moving averages was used as the second. They complement each other, providing mutual filtering of false trading signals. That is, on a trend, crossings of moving averages are filtered by the oscillator, and on a flat, overbought and oversold conditions of the oscillator are filtered by the slope of moving averages.

The formation of a red arrow indicates the purchase of a BO Put, and a green arrow – a BO Call (Fig. 4). The appearance of the arrow is accompanied by a sound alert. The recommended expiration of the option on the M5 TF is 15 minutes.

Binary Viper (download )

The principles of operation of its algorithm are not disclosed by the developers (the indicator is offered in the compiled ex4 format). It has only 2 input parameters that determine the analysis mode - Length and PctFilter. The first specifies the length of the candlestick sequence being analyzed, and the second specifies the degree of signal filtering. Increasing the values ​​of these parameters reduces the number of signals in a specific time period.

The color of the arrow indicates the type of BO being purchased:

• red – Put;
• green – Call.

There is a comprehensive notification function (you can select sound, text message, email, sms). The choice of expiration is carried out after setting it by analyzing the last few signals (as a rule, it lies within 2÷5 candles).

PRO Arrows (download )

One of its components is an arrow modification of the standard CCI oscillator, which calculates the deviation of a quote from a moving average. Its other component is closed (located in compiled form). It helps filter false signals.

As with the previous two considered indicators, the appearance of a red arrow indicates the purchase of a BO Put, and a green arrow indicates a BO Call. Expiration is set in 2 or 3 candles.

Almost all existing indicators for analysis financial markets They sin by redrawing their signals. For this reason, traders prefer to analyze based on past candles. But if you want to trade short-term, then redrawing can become a really significant problem.

What is redrawing? Imagine that you are using a dial indicator. A signal to buy or sell an option appeared in the terminal in the form of an arrow; based on it, you made a deal in the broker’s terminal. But after some time, the arrow was redrawn in a different place, and the deal you entered into turned out to be unprofitable. Such technical analysis indicators will only lead you to a loss. Therefore, the topic of today's review will be to find the Arrow indicator without redrawing.

Almost all such indicators are proprietary developments. They are all created for the MetaTrader 4 terminal, since all modern brokers prohibit the use of third-party programs that would allow you to automatically make a profit from the financial markets. Many brokers develop their own working terminals, and they do not provide for the sharing of third-party programs that would increase their efficiency.

Binary Option Arrows

This Arrow indicator without redrawing is famous for its effectiveness. It almost never changes its indicators, only when there is excessively increased volatility in the market, which is extremely rare.

HMA Color

Since the topic of our review today is only dial indicators, the HMA Color is no exception. This is sort of a modified version of the Hala moving average with a built-in MTF function. Since the main disadvantage of moving averages was previously identified - the delay of signals. Because of this, many losing trades appeared. Now the situation has changed radically.

Well, the presence of sound alerts in the MetaTrader 4 terminal will allow you to never miss the right moment to open a transaction.

Binary Indicator

Also a famous and effective proprietary arrow tool, which was specially designed for binary trading. If almost all of the indicators described above were originally developed for Forex, but later took root in BO, then things are even better with this.

Working with this Arrow indicator without redrawing is very simple. Green up arrows indicate bullish trading, and downward red arrows mean downward trading.

This indicator showed the best results when analyzing timeframes from 15 minutes to 1 hour. According to the developers, the indicator does not redraw its values, and its high efficiency allows you to conclude transactions in 80% of profitable transactions.

Despite the fact that the Binary Indicator was developed exclusively for trading on BO, Forex traders also began to successfully use it in their work.

PZ Support Resistance

Well, at the end of our review, we’ll tell you about one interesting level indicator - PZ Support Resistance. It is easy to use. It no longer belongs to the category of switches. Signals here appear upon a rebound from major support and resistance levels.

Using such a tool, you can easily determine the key levels from which high degree chances are the price will rebound and head towards the opposite side. In this case, the indicator draws them independently, all you have to do is open a deal in the desired direction.

In addition, the indicator also determines the significance of levels by drawing them different colors. If it turns a subtle gray color, then the level is not very significant. That is, it can be easily broken.

Its distinctive feature is the simultaneous analysis of levels on different timeframes. That is, the indicator conducts simultaneous analysis on lower and higher time intervals, identifies levels there, and if they coincide, they are highlighted in a bolder color. Well, if the relevance of the levels is lost over time, then they are simply removed from the chart.

Conclusion

Any Arrow indicator without redrawing from our review can become an indispensable assistant in your trading strategy. But remember that none of the existing technical indicators is capable of giving you 100% profitable trades. Therefore, it is best to complement them with other classical tools, which will allow you to successfully filter out false signals.

Almost every trader uses during his trading technical indicators. They are periodically redrawn. This is their main problem. This article will discuss indicators for binary options without redrawing. What are they and how can you use them? The answers are in the article.

Binary options: indicators

What is it and what is it for? Indicators are a speculator’s technical tool with which he conducts analytical research. The foreign exchange market where traders operate has its own laws. Any events that occur tend to repeat themselves. That is, after a certain period of time, all movements in the market are reproduced.

Therefore, based on this pattern, experts have created various tools that can be used to conduct technical analysis of the market. During trading, thousands of different indicators have been developed. Each broker selects for his work exactly those instruments that correspond to the parameters of his trading strategy.

What is the danger of redrawing indicators?

Any system should always work well. In trading, the main criterion is consistency. As mentioned above, indicators are a tool for a trader, so it must reflect accurate indicators. Let's say a speculator conducts analytical research in order to find out which direction the market will go. In his trading strategy, he uses. Based on his indicators and after conducting technical analysis, the trader opens a deal. But after some time, the fractals are redrawn and the market changes direction.

As a result of such trading, the trader ends up at a loss. Therefore, it is very important to use indicators for binary options without redrawing. If a trader uses standard tools, you should always track indicators. Such data must be permanent and not change its values. It is the indicators for binary options without redrawing that meet these criteria. Let's look at their categories.

Types of indicators for binary options

Designed to work with options a large number of various technical tools. How to understand all this diversity? Basically, exactly those indicators are selected that correspond to the trading strategy chosen by the trader. For his work on the TS, a broker can select both volatile and indicators for binary options without redrawing.

All indicators are divided into several groups: for working during a flat, oscillators, volumes, custom ones, Bill Williams and many others. Particularly popular are arrow indicators without redrawing for binary options. These are very convenient tools. All entry points into the market, that is, the moments of starting a transaction, buying and selling an option, are indicated by an arrow or a dot. Such a unique and convenient tip.

Which indicators are better?

As always, the classics are valued. Therefore, there is no need to invent anything and it is better to use “old” tools that work stably and are time-tested. For example, such as moving averages, Bollinger waves, Alligator, relative strength index, parabolic, stochastic and, of course, the legendary MASD. All these indicators work stably and never change their original values. Therefore, a novice trader is always recommended to use these instruments in trading. Once a value is marked on the chart, it will not be redrawn. without redrawing, they always have a stable value, which they do not change under any circumstances.

How can you filter signals?

Any practicing trader uses confirmation indicators during his work. They are the screening factor. The filter indicator without redrawing for binary options should detect false signals. Most often, if a trader uses trending instruments, filtering occurs through oscillators. For such purposes, stochastics are ideal, as they show oversold and overbought zones.

If you use the MASD, it is best to open buy trades when it is above zero, and sell trades when it is below. Filtering also filters out false signals when the market is in a consolidation zone. You should not open your trade if trading system has no confirmation. A trader should always have filtering indicators in his arsenal.

Indicator for binary options without redrawing

We will now look at an example of use. Excellent signals can be obtained when the stochastic reaches local maximums and turns downward. Likewise, when the stochastic has reached its lows and begins to move up. If, as in our case, it is calculated on moving averages, we get the following parameters:

1. You need to wait for the moving averages to cross.

2. Stochastic should be at or above the value of 75 (in this case, it gives a signal - “sell” - overbought zone). Or vice versa, below 25 (then it gives a signal - “buy”, oversold zone).

3. You need to buy or sell an option in the direction shown by the moving averages.

4. Stochastic must confirm the chosen direction, since it is a filter.

5. If all parameters match, you can select the expiration time, bet amount and open a deal.

You can use any filters in the same way. The most important thing is that there is mandatory confirmation.

Surely every investor dreams of developing universal system trade that could ensure the highest possible profit generation. Of course, the strategy for working in the options market should include the use of elements of technical analysis, thereby providing the trader with effective signals for buying a binary contract. If you manage to select the arrow indicator without redrawing, then you will receive a key component of the trading system.

It is very important that the indicator for options trading provides the simplest possible mechanism for identifying profitable signals, however, despite the intuitive principle of operation, the technical analysis tool must be very accurate. In addition, one should take into account the fact that the decision regarding opening a transaction must be made promptly.

If we are talking about arrow indicators, then their main advantage is that these tools completely overload the asset value chart with their work, primarily due to the construction of many objects.

The essence of the arrow indicator for binary options is that it is displayed on the price chart in the form of pointers that have a special color and direction. In some cases, colored dots may appear instead of an arrow. All these figures are necessary to indicate the optimal moments for performing trading operations, that is, in other words, these are signals.

For the most part, arrow indicators work on a similar principle - a green up arrow (a powerful signal to purchase a buy option), and a red down arrow (a signal to purchase an option with an eye to subsequent sale). After the signal, minimal actions are required from the investor. It is enough to simply open the corresponding trade on a new candle.

Binary options arrow indicator without redrawing KillBinarySignals-2

KillBinarySignals-2 is a highly effective indicator for profitable trading binary options, its main advantages: the incredible accuracy of the signals provided, as well as the complete absence of redrawing. Previously, this arrow-type instrument was actively used in the Forex market; after impressive results, experts decided to test it on the binary options platform. As you understand, the result did not take long to arrive.

KillBinarySignals-2 does not limit the investor in the selection of assets for trading. You can choose absolutely any tool that is used for intraday work. However, it is worth noting that the above indicator works exclusively on the MT4 trading terminal.

The creators of KillBinarySignals-2 assure that this indicator will provide the binary trader with many profitable and accurate signals necessary for successful transactions. As you can see, this is already the second modification of the indicator, since the first versions were redrawn. But in KillBinarySignals-2 all the shortcomings are eliminated. Therefore, you don’t have to worry about this.

Leading specialists in the binary options market recommend using this arrow indicator as a source for searching for profitable signals. However, using this tool alone is an extremely risky undertaking, so connect additional filters during operation in order to minimize potential losses.

Trading system "Switchman" for binary options

The “Switchman” trading strategy is simple, but very profitable system, which is based on the RSI arrow indicator. The intersection of the lines of this instrument will provide profitable signals for options trading. This strategy operates exclusively on the MT4 trading terminal.

As previously noted, the trading system is very simple, it also produces a huge number of signals, but their efficiency level is 50%. However, the indicator has one very impressive advantage – the absence of redrawing. Actually, this aspect completely compensates for the relatively weak profitability.

It is important that the RSI indicator is universal, so you can use it on various time intervals and assets. You can directly download this technical analysis tool from this link:

After you install the indicator in the MT4 trading terminal and transfer it to the chart, you should get something like this:

The main strengths of the RSI arrow indicator:

• Ideal for novice investors as it is intuitively accessible.
• The most simplified interface, without complex charts.
• The system ensures a complete absence of redrawing; after analyzing the history of operations, it will be able to change the settings, adapting the operation of the indicator to suit your style.
• An unusually large number of signals for performing operations.
• Operates successfully at various time intervals.

Signals to purchase an UP option:

• We follow the changes on the chart. We wait for the index arrow to appear; it should be directed upward.

Already on a new candle, we buy a Call option, the expiration date is 1 candle.

Signals to purchase a DOWN option:

• Among the available currency pairs choose your favorite one.
• We indicate the time interval, let’s take 30 points as an example.
• We follow the changes on the chart. We wait for the index arrow to appear; it should be pointing down.

Already on a new candle, we buy a Put option, the expiration date is 1 candle.