Pointer indicators without redrawing. Accurate arrow indicators for binary options

It was binary options that made it possible to an ordinary person become a participant in the financial market. What is especially attractive about them is that they allow you to make trades on short time frames. With this method of trading, you can earn decent money in a short time. Therefore, it is very popular among traders. However, on such small time intervals it is quite difficult to analyze the market, since there is practically no the right tools. Using fundamental analysis will only be beneficial on longer periods (for example, hourly or daily time frames). This is due to market noise.

Therefore, the best tool that allows you to create accurate forecasts, these are indicators for binary options without redrawing. Right choice Such an indicator will increase the effectiveness of the strategy and make trading more profitable.

What types of indicators there are without redrawing, how to work with them and how to get them will be discussed in this article.

What are these indicators?

Before moving on to the technical aspects, it is necessary to understand what indicators for binary options without redrawing are in theory. Almost every trader who trades short-term options has had moments when the indicator suddenly began to change its performance. This is nothing more than redrawing old readings and replacing them with new ones. This instability is most common among pointer indicators. They act as additional tools, since they need to be downloaded and installed in the MetaTrade terminal.

A similar situation with graphic update will not have much impact on long-term or medium-term trading. But when making financial transactions with short-term binary options, problems may arise. After all, the indicator can change its readings at the moment when it signals the possibility of opening a transaction. That is, this signal will be false. After some time, it will disappear from the radar and appear at another point. And the trader will place a bet at this time and lose.

There are two ways that allow you to determine the presence of redrawing on the indicator for binary options:

• Traders can simply sit in front of the monitor screen and watch the chart update. Moreover, it is necessary to study all the main timeframes (starting from short periods and ending at long intervals). According to statistics, the drawing appears after 25 candles.
• You can search for redrawing using another method. The entire process must take place while testing a new trading algorithm. In this case, observation should be divided into three stages: first only short distances, then long ones, and finally alternating long and short ones.

On this moment available a large number of indicators that work stably and provide accurate signals for entering the market. Against this background, three main groups of indicators without redrawing are conventionally distinguished. Thanks to this, each trader will be able to choose the instrument that is most suitable for a specific trading algorithm:

1. Classic. Apparently these include MACD, Bollinger Bands, Alligator and moving averages.
2. Combined. When trading binary options, MACD with RSI or CCI show themselves to be effective.
3. Specialized. Trend Striker Extreme, ZigZagger, Forex x Code, WPRSI Signal, SixSecondTrades and others.

They are also usually divided into several types:

• Trending.
• Counter-trend.
• Switches.
• Indicators for flat.
• Scalping (traders rarely use them, as they are not reliable).

Each of them has its own advantages and manifests itself differently in market conditions.

Trending

Moving averages SMA or EMA, parabolic and ADX are all trend indicators. They are the main tools for determining the direction of the trend. Essentially, the signal to open a position is a breakout or rebound from the moving average line. Based on the results of the breakdown of SMA 60 or EMA 100, regardless of the selected time interval and chart type, the trader can make a trade in the direction of the breakdown or rebound.

Counter-trend

To identify pullbacks, traders often use a classic tool called Bollinger Bands. If the price rebounds from the upper or lower boundaries (it happens that it breaks through the established levels, but very rarely), then this is a direct signal to enter the market. This tool will help the trader increase the number of profitable transactions. However, training is necessary.

Arrow indicators for binary options without redrawing

Among the indicators for binary options, “arrow” indicators are distinguished separately. This type of indicators without redrawing should be analyzed in detail. Such indicators are often used by traders during the trading process. However, most companies do not implement them into their platforms. In any case, this is not an obstacle for the user. After all, almost any indicator can be found on the Internet and downloaded for free from the Internet (or find a suitable link in this article). Dial indicators– indispensable assistants for both professional traders and beginners. They are able to give accurate signals and almost never make mistakes.

On the chart, arrow indicators display possible price movements with special colored indicators. Appearance of green or of blue color a clear signal to buy an UP option, and a red signal to purchase a DOWN option.

Pointers can take the form of arrows or regular dots. At the moment of opening a transaction, the candle in which the sign was formed must close completely.

Arrow indicators are most suitable for trading classic binary options. In this case, there must be strong price levels.

Are dial indicators ideal?

When using arrow indicators for binary options without redrawing, some problems may arise:

• There is a risk that redrawing will occur. After the transaction is completed, the arrows may begin to jump in different directions or completely disappear from the horizon. Moreover, false signals can be given for a long time. It can be assumed that the problem is in the indicator itself, or more precisely in its setting of the stabilizing mechanism. As a rule, such errors occur when quotes are updated.

However, this problem can be solved. First, you need to confirm that you are using a binary options arrow indicator without redrawing. At the time of testing in conditions of strong market fluctuations, the signal should show itself stable without any changes. Otherwise, this tool is useless for work.

• When working with a pointer indicator, a trader may have another problem, which concerns the reliability of the signals issued. You should know that not all indicators existing on the market are suitable for binary options. Minor temporary deviations are permitted under standard trading conditions. After all, the trader has enough time to change his decision and choose the desired direction (to determine the moments of reversal. But this tool does not allow this. The trader must make the correct forecast, focusing on a specific candle or candle range.

What dial indicators can boast of

This type of indicator is often compared with semi-automatic systems. They have the following advantages:

• There are no difficulties in using such tools. Any beginner without special knowledge will be able to make a trade using a signal.
• Good performance on any underlying assets and timeframes.
• Works in tandem with other tools for technical analysis.

Flat

Effective work with narrow trading ranges or flats depends on the use of oscillators. They are the ones that show the overbought or oversold zone. The principle of operation is quite simple. If the indicator readings tend to go down, then you should buy an option. If the value grows, sell. In the case of Stochastic, the selling range is 80 – 100, and the buying range is 0 – 20. It is recommended to set the expiration period within one minute or 15 minutes.

Bollinger Bands, Moving Averages, MACD, Stochastic and a host of other simple indicators are very popular. Similar tools can be found in almost every popular broker. All these indicators are present in such well-known brokers as Olymp Trade, IQ Option and Binomo. For more detailed information, please go to their resources.

The best binary options indicators without redrawing

Only some arrow indicators without redrawing for binary options are reliable. Traders require the following from algorithms:

• Redrawing should not appear.
• The indicator should provide the most profitable moments possible.
• High results when working with any trading assets.
• The indicator can be used not only in real trading conditions, but also on a demo account.
• Signals must arrive without delay.
• The presence of various settings for changing the initial data for specific conditions.
• No false signals.

It is arrow indicators for binary options that can fulfill all these requirements without redrawing. Most of the indicators are freely available and can be downloaded.

Arrow Grail QQE-New

The QQE-New arrow indicator is a new version QQE, which is supplemented with quality improvements. The indicator is based on the classic RSI with more accurate smoothed readings. At the same time, it meets all the requirements modern market. It differs in that it gives signals on time without delay.

The updated version of QQE-New introduces alerts - sound notifications. Thanks to this, the trader will never miss moments to open trades. When the indicator is active, green and red arrows are displayed on the chart, which signal entry into the market.

If the chart displays a green arrow pointing upward, then you need to buy an option. You should place a sell bet when the red down arrow appears. For greater efficiency, you can use the Martingale system.

Binary Option Arrows

This indicator does not need to be downloaded, as it is located on a live chart https://new.tradingview.com/chart. To plot it on a chart, you need to click on the indicators button in the tools menu and enter a phrase such as “arrows“ in the search:

Indicator signals without redrawing Binary Option Arrows for binary options are based on Japanese harami candles. Using an arrow, he shows the trader where it is better to open a deal.

The indicator can be used at different time intervals (for example, set to one minute). By creating a balance between the selected asset, chart timeframe and indicator settings, a trader can build a high-quality trading algorithm. You can see red and green bars on the chart - these are unprofitable and successful trades.

The appearance of several red bars in a row on the chart is an excellent signal to open a trade. For example, a trader selects the EUR/USD currency pair as an asset, sets the chart timeframe to one minute and applies this indicator. After some time, he sees that three red stripes have simultaneously formed on the chart. This means that green bars will soon appear and you will need to enter the market. This is the moment:

The Binary Option Arrows indicator works well together with other tools.

Profit Sunrise

The Profit Sunrise indicator was created by professionals specifically for the Forex market. It can be used on the MetaTrade platform. According to the creators, the Profit Sunrise mechanism is built on a precise algorithm for entering the market. The system is equipped with a complex noise filter that cuts out weak signals.

Throughout the whole year professional analysts tested the Profit Sunrise indicator without redrawing on various currency pairs. Trading took place on the platform of the Binomo broker. The result is 91 percent of successful transactions.

Similar to other arrow indicators, signals are displayed as up and down arrows. In addition, there are sound and text alerts.

Accurate signals from the T3MA-Alarm indicator

The T3MA-Alarm arrow indicator has been actively used by traders in the Forex market for a long time. A little later it was adapted for binary options trading. Based on the results of the study, it became clear that it is most suitable for binary trading. The basis of this indicator is a one-period moving average and RSI.

The signal algorithm looks quite simple. Therefore, a moving average with a period of 50 acts as a trend filter. An important setting in T3MA-Alarm is the time interval. The accuracy depends on it trading signals. It is better to set the chart timeframe within 5-15 minutes. The expiration period for binary options should be chosen in the range from five to ten minutes. The option expiration date must not exceed the time frame. Moreover, downward signals take into account those located below the moving average, and upward signals - above the moving average.

The rules are as follows: When the price breaks the moving average from bottom to top, a blue arrow appears, which signals the purchase of a Call option. If a downward crossover occurs, a red candlestick will appear and the trader can buy a Put option.

However, the indicator has one drawback. During the flat period, the clarity of its signals decreases. Therefore, it is better to trade assets with trend movement.

KillBinarySignals-2

The improved version of KillBinarySignals features more accurate signals. The authors claim that he is prone to redrawing. You can learn more about the indicator by watching this video:

Before providing a signal, the indicator collects a large amount of important information:

• Support and resistance levels.
• Daily range of an asset.
• Volatility of a trading asset.
• The degree of probability of a rebound or breakdown of important levels.
• Distance from important price levels.

Testing the KillBinarySignals-2 indicator on the Finmax broker platform showed 97% of profitable trades.

Candlestick Pattern Indicator

The Candlestick Pattern Indicator (CPI) is different from others both externally and internally. It is displayed on the chart by well-known candlestick patterns: “engulfing pattern”, “harami”, “shooting star”, “doji” and many others. Each pattern has its own up or down signal, which is indicated by an arrow and played by a sound signal.

The Candlestick Pattern Indicator settings are quite varied:

• ShowStrongReversalPatterns – tracking of strong reversal patterns (enable or disable).
• ShowContinuationPatterns – search for trend continuation patterns (on or off).
• Sound-or-Email-Alert – setting up how to send a signal: via email or sound notification.
• SellColor, BuyColor – select the color of the arrows.
• TextColor – allows you to change the text color of the name of the candlestick figure.
• ShowWeakReversalPatterns – search for weak reversal patterns (disable or enable).
• ShowUnclassified – search for rare, small patterns.

Brain Trand 2 Sig

Many traders who trade binary options are increasingly using the Brain Trand 2 Sig indicator. This is absolutely new tool, but quite popular in the financial market.

The Brain Trand 2 Sig indicator is based on two basic systems - “Stochastic” and “ATR”. If a red dot (or arrow) has formed under a certain candle, then you need to open a bear trade. The upper blue dot means that you need to create a bullish trade. The signal can be given in the form of an audio alert. The presence of such a function makes the trader’s work easier, since there is no need to constantly sit in front of a computer monitor and wait for the right moment to enter the market. During this time, users can do something else. The indicator will call it itself when a trend reversal occurs. Advantages of the Brain Trand 2 Sig tool:

• The indicator is suitable for any underlying assets.
• Can be used on all trading platforms, even Meta Trader 4 or 5.
• The accuracy of the indicators does not depend on the expiration dates.

Trend Striker Extreme

This indicator works almost flawlessly. His signals are mostly accurate. However, during use, its performance may lag. To avoid such a situation, you need to use Trend Striker Extrim along with other reliable tools.

The Trend Striker Extrim tool is a histogram with vertical bars. The part of the graph with red lines is responsible for the downward trend. Under such conditions, the “lower” option is purchased. A green block is a signal that the price will move up. Based on this, the investor needs to purchase the “higher” option. The system has a built-in function of audio messages, which are activated or deactivated in the settings menu.

Six Second Trades

The Six Second Trades indicator is designed to work with the fastest options (60 seconds). It is recommended to make some minor adjustments before use. The time interval must be set to one minute. After this you can wait for signals. As soon as a green dot forms, you need to bet on the increase. And if red appears, then go down. The indicator is especially used by those traders who trade currency pairs.

Transactions must be made strictly after the candle has completely formed and an arrow or other indicators have formed. Free version does not allow you to make adjustments. Therefore, you will have to wait until the next bar is built or buy the full version.

Lemansignal

Has high accuracy when trading turbo options. However, this indicator is not available among the tools on online binary options platforms. The mechanism of the algorithm is simple. Various time periods are suitable: from one minute to fifteen minutes. Minute charts allow you to receive signals quite often. Therefore for binary trading better to use them.

An option is bought if a green circle appears on the chart, which is located below the price. The trader must do everything quickly, since he only has one minute. To sell an option, there must be a red circle above the price on the chart. With this approach, you can make approximately 50 trades per session. 35-37 can bring profit. Moreover, earnings are possible both standard conditions, so using the Martingale system.

RSI – RSX

It is considered an advanced indicator without redrawing, which is capable of generating high income. In reality, it is an RSI indicator, but with more accurate trading signals. Adjustable to the following trading limits: 0-30 and 70-100. If the price has reached the 0-30 zone, then you need to wait until it leaves it and create a deal for five minutes. If the price has crossed the level of 70-100, then after it declines, the option should be sold.

On the chart you can see blue lines - these are the moments when you need to buy an option, red lines signal a sell.

Conclusion

According to professional traders, you should not rely only on indicator data. They cannot guarantee 100% success of the transaction, but only increase the likelihood of a correct forecast. Therefore, it is better to use several trading tools to analyze the market situation.

However, the use of indicators can greatly simplify the process of conducting technical analysis. This is a great opportunity for a trader who does not want to spend time on detailed market analysis or simply does not have the necessary skills in this area. Moreover, binary options indicators without redrawing are available for download completely free of charge.

The results of the technical analysis tools 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 than the width of the broken price range. 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.

Among the popular technical analysis tools are arrow indicators for binary options without redrawing. They act as semi-automated advisors that determine the exact time to enter the market. The trader gets rid of the need to conduct a lengthy analysis of the market situation.

The convenience of such algorithms is confirmed by the fact that they do not overload the graphs by constructing additional objects. Pointers on charts that have their own direction and color mean that the price trend is quite stable, so you can open a deal from the next candle.

The main role when using the program is played by pointers (or arrows on graphs). How to trade with them? You need to learn how to correctly interpret the marks on the graph. They can be red in color with a downward direction - this is the moment of a downward trade (Put). If the arrow is pointing up and its color is green or blue, a Call contract is concluded.

Circles can be used, the color of which determines the corresponding type of transaction. The basic rule that any precise arrow strategy for binary options is subject to is that a contract is opened from a new candle, and the current one must be closed.

A feature of binaries is the lack of time reserve to wait for a price reversal. The duration of the transaction is limited. Therefore, those tools are used that do not involve redrawing. They should also provide accurate predictions for the next 1-2 candles. The best binary options switcher must meet the following requirements:

• Do not contain redrawing. For example, the program gave the exact moment to conclude a transaction, but after the purchase the quotes change direction, and the investor loses money. Therefore, it is important that the program does not redraw outdated data.
• Work regardless of trading platform or account type.
• Suitable for trading any assets and any time frame. The larger the timeframe, the more accurate the forecast.
• Providing data ahead of time for timely entry into the market.
• Don't miss out on great deals.
• The possibility of error should be minimized, for example, during a flat or unstable market behavior.

But before you use even an accurate arrow oscillator for binary options, it needs to be tested on different types assets, choosing different modes and types of accounts.

KillBinarySignals-2

This is quite effective when working with various assets on any time frames. A development for the MT4 terminal that expands the capabilities of classic strategies by setting resistance/support levels. The main advantages include the absence of redrawing and high accuracy of forecasts.

Initially, the advisor was developed for Forex trading, but it proved to be excellent in binaries and thus gained trust. This is the second, improved modification, in which redrawing is completely eliminated. The interpretation is standard: when a blue arrow points upward, a Call is bought, and when a red arrow appears, a Put is bought. However, during a flat, the probability of false signals increases. Therefore, it is advisable to use an additional trend chart.

Despite the high performance experienced traders Independent use of this tool is not recommended. They prefer to receive profitable forecasts in combination with other filters or as part of ready-made trading strategies.

Types of dial indicators

When trading binaries great importance has a speed of decision-making, so analysis tools must be accurate, simple and understandable. To use arrow oscillators, you do not need to install special programs; they do not contain unnecessary elements that load charts and are understandable even for beginners.

BrainTrend2Sig can be installed on MT4 and MT5. It is based on two classic algorithms – Stochastic and ATR. But they are not reflected on the chart; the trader sees only the final results of the analysis - blue or red dots.

The advantage of the program is the effectiveness of forecasts on various time frames. The moments of a trend reversal are clearly defined, the purchase of a Call is the next candle after the blue dot appears, and, conversely, a downward contract is concluded when the red dots appear.

QQE arrows MTF is recommended for traders working with Renko charts. The standard RSI and ATR indicators form the basis of its work. Blue arrows pointing up give a recommendation to buy a Call, and red arrows indicate a Put. The program shows particular accuracy on currency pairs. The timeframe can be any, including minute contracts.

SixtySecondTrends is specially adapted for trading turbo options. A signal is generated when the probability of a trend reversal exceeds 60%. Instead of arrows, the program displays dots: red for buying Put and green for Call options. As part of ready-made strategies, it is recommended to enter into transactions when the forecasts of the selected oscillator are confirmed by other instruments.

The Arrow system for binary options is based on RSI. The development is suitable exclusively for the MT4 terminal. Entry signals are generated when lines cross. The system is quite simple and provides many entry points, however, their effectiveness does not exceed 50%. The tactics are universal and allow you to trade any assets. After installing the system on the terminal, the results look like this:

Main disadvantages and advantages

Even the most accurate arrow indicators for binary options have their drawbacks. This usually results in low performance. Any algorithm has an accuracy not exceeding 70%. Advertising of paid tools with 90% accuracy of predictions is not confirmed in practice. Therefore, it is advisable to supplement them with other programs.

Another significant drawback is the redraw effect. The arrow may completely disappear from the chart after the deal is concluded. The directions of all previous signals may also change. Redrawing complicates the work of traders and reduces the effectiveness of using assistant programs. A proven strategy can be a way out of the situation.

Despite the obvious disadvantages, the trend arrow indicator for binary options has the following advantages:

• Beginners can easily and simply master signal interpretation. Visibility allows you to start trading without having a deep knowledge of the basics of fundamental and technical analysis.
• The algorithm works on absolutely any timeframes familiar to a trader. There are a number of narrowly focused tools for short-term transactions, lasting up to 60 seconds, but, as a rule, they can also be used to receive signals for longer contracts.
• Stable forecasts for any type of assets - raw materials, currency pairs.
• Compatible with other technical analysis tools.

Final grades

Trading level (difficulty) – 5.0/10.0

For beginners, it will not be difficult to understand the principle of signal interpretation.

Reliability and efficiency – 5.5/10.0

Components and settings - 5.0/10.0

Each type of indicator is characterized by a special form of signal delivery. Most often these are arrows: red and green. The accuracy of forecasts is no more than 70%, but most often 50%.

Support on WEB platforms - 5.5/10.0

Most brokers use arrow instruments to execute trades.

Features of application - 6.0/10.0

Buy Call when green (blue) arrows appear, and Put when red marks appear. Experienced traders do not recommend using it as an independent tool. Only in combination with trending techniques or as part of ready-made strategies does the effectiveness increase.

Today we will show you the best Forex arrow indicator without redrawing. But first, let's talk about why they are needed. Beginning traders often use arrow indicators, as they make it possible not to waste a lot of time on market analysis and show everything clearly. They look great on the price chart history.

At first it seems that the signals are positive, but as soon as real trading begins, disappointment sets in: at first the arrows appear, but when the trader wants to open a deal, they inexplicably disappear, and the previous arrows behave mysteriously and unpredictably. All this is called “redrawing”. This is why many traders are looking for Forex arrow indicators without redrawing.

Forex indicators without redrawing free download

The reason for redrawing is the following: technical analysis indicators are used to calculate prices for a certain past period, and all new closed candles replace the oldest prices in the calculations. For example: when calculating a possible signal, the indicator uses the last 14 bars, but according to the analysis, there is a signal and an arrow appears on the chart. However, the bar closes, so it is transferred to the indicator's history. Therefore, with a new calculation, the old arrow can be canceled.

Remember that the value is recalculated every time the quote changes. This means that in most technical indicators there is a redrawing phenomenon. But to solve this problem, special Forex indicators were created that do not have redraws.

Trend Striker Extrem is one of the most popular non-standard indicators. But the WPRSI Signal indicator is no less popular. Technical analysis oscillators and standard type indicators are used in the calculations. Often, apart from the absence of the phenomenon of redrawing, they have no other advantages, since usually one can only guess about the strategy, because the algorithm of work is closed.

The T3MA Alarm indicator can be considered an exception, since its strategy is based on the RSI indicator (its signals will be confirmed by 2 moving averages, as well as intersections of the slow and fast). This strategy can be classified as simple, and besides the absence of disappearing arrows, there are no differences from manual trading. Appearance T3MA Alarm is very standard and difficult to distinguish from a dial type indicator.

You can customize the color of the arrows, there are also 2 more parameters: shift and period. The first parameter is the shift value relative to the price chart, which allows the indicator to perform its work as a leading one. The period parameter is responsible for billing period moving averages.

Aorex indicators without delay and redrawing can look not only like arrows. For example, in Trend Striker Extreme the histogram is divided into downtrend and uptrend zones. Signal strength is calculated as a percentage. This indicator is located on most of the window, so it is quite difficult to use it together with other tools. Any of the above is the best Forex arrow indicator without redrawing.

In the next topic we will look at Forex channel indicators.

Of all the tools that traders use in binary options trading, arrow indicators are especially popular. They provide information with high accuracy, informing about the time of entry into a transaction. As a result, traders do not need to waste time on additional market analysis.

It is important to understand that arrows do not always show the correct signals. The final decision and risk must be taken by the trader.

How to work with arrow indicators for binary options?

Such indicators are presented on the chart in the form of arrows:

1. Red arrows pointing downwards signal the possibility of opening a transaction to buy a Put option.

2. Green or blue arrows pointing up indicate the possibility of opening a deal to buy a Call option.

It is worth noting that some trading systems use circles instead of arrows. But in this case red and green colors report the purchase of Put and Call, respectively.

It is recommended to enter a trade at the moment when the candle within which this signal arose closes. Regardless of the type of indicator and trading system the information provided by this tool is interpreted in the same way.

Common arrow indicators for binary options

Today, traders can take advantage of many options for arrow indicators. Some tools are free, others require a fee. a certain amount. Below we will discuss several of the most accurate dial indicators that you can download for free.

BrainTrend2Sig indicator

BrainTrend2Sig incorporates the capabilities that ATR also has. These indicators are not displayed on the chart. Trading systems only display the results of both instruments in the form of red and blue dots. BrainTrend2Sig can be used in various software products.

This arrow indicator, unlike other similar tools, gives accurate forecasts over both short and long time periods. Experts suggest that such performance of BrainTrend2Sig is explained by one of its features: the indicator signals the need to open a trade at the moment of a trend reversal. Trading system data is interpreted according to standard scheme: the red circle indicates that you need to buy a Putt option, the blue one - Call.

KillBinarySignals-2 indicator

KillBinarySignals-2 is considered a very effective arrow indicator. The tool demonstrates good results when trading with various financial assets both on short and long time frames. Initially, the algorithm on which the indicator operates was created for MT4. In comparison with the classic version of this tool, KillBinarySignals-2 takes into account larger number parameters. For example, this indicator allows you to display support and resistance levels on the chart without the effect of redrawing.

1. If a blue arrow appears under the price chart, you should open a deal to buy a Call.

2. If a red arrow appears above the price chart, you need to open a Put purchase position.

During the period when the price chart enters a corridor and the value of assets remains virtually unchanged for some time, KillBinarySignals-2 gives a lot of false signals. Therefore, in such conditions, it is recommended to check the direction of the trend using trend indicators.

QQE arrows MTF indicator

Working with QQE arrows MTF is most attractive when the tool is used in conjunction with Renko charts. However, this indicator remains effective in other conditions. QQE arrows MTF is based on ATR and . The indicator displays messages on the chart in the form of traditional red and blue arrows. Simultaneously with the appearance of the icons, the system beeps.

The interpretation of QQE arrows MTF signals is carried out according to a similar scheme as in the case of other arrow indicators. This tool is most effective when working with currency pairs. It can be used on any time frame, including the minute timeframe.

SixtySecondTrends indicator

SixtySecondTrends was created specifically for trumpet options trading. Moreover, this indicator is considered the most optimal tool for working with currency pair EUR/USD. However, it also shows good results when trading with other assets. The indicator is based on MA and . A signal to open a trade occurs when the probability of a change in trend direction exceeds 60%.

The trading system displays SixtySecondTrends messages in the form of green and red circles, which indicate the need to purchase Call and Put options, respectively. It can be included as part of a specific strategy or used as an independent tool. At the same time, if the first trading option is used, it is recommended to use SixtySecondTrends signals, provided that other indicators give similar messages.

Advantages and disadvantages of arrow indicators in binary options trading

Despite the high efficiency and versatility characteristic of dial indicators, this tool is not without drawbacks.

First of all, they demonstrate relatively low performance. Each dial indicator works according to its own algorithm, and therefore they operate with different efficiency. In addition, paid tools do not always provide accurate signals. Thus, some developers claim that their dial indicators are effective in 90% of cases. However, in reality, the accuracy of the indicators demonstrated by these tools does not exceed 60-70%. Therefore, it is recommended to check signals from dial indicators using other programs or additional indicators.

In addition to the above, such tools are not without the effect of redrawing. This phenomenon is characterized by the disappearance of the arrow from the graph or a change in its direction. Moreover this problem affects not only the last signal, but also all previous ones. Redrawing makes it more difficult for traders to work with charts. And, as a result, trading performance decreases.

The above disadvantages are typical for most instruments that traders use. This circumstance must always be taken into account. To increase trading efficiency, you should choose arrow indicators without redrawing and integrate them into various strategies. However, you should not expect that the chosen approach will constantly bring profit. It is important to constantly analyze the market and make decisions that correspond to current realities, and not blindly follow indicator signals.

One of the advantages of these tools is that you can work with them without even knowing the basics of trading on the stock exchange. Arrow indicators are equally effective on any time frame. The exception to this rule are instruments designed specifically for options trading within 60 seconds.

Good arrow indicators can be used when working with any asset. This tool remains effective when combined with most technical analysis tools.

Bottom line

Dial indicators show accurate results if:

• do not allow redrawing;
• do not depend on a trading account or broker;
• provide the opportunity to make changes to parameters in accordance with the current market situation;
• give timely signals to required quantity and with a low defect rate.

Before you start trading with a specific arrow indicator, it is recommended to test it on different time frames. It should also be remembered that the accuracy of the results decreases during the period when the value of the asset remains virtually unchanged, the release of economic news and the appearance of information about disasters or other force majeure situations.