Technical indicators with parameters for options. “Charged” PSAR indicator for Binary options

There are hundreds of them. And every year dozens of new ones appear. Some help to make a profit on financial markets. And others are practically useless or are plagiarism of their predecessors. We are talking about technical indicators.

The indicator method of market analysis is the most popular among novice traders. But many people use it incorrectly, which leads to drainage. Therefore, today we will not just give a list of the five most reliable indicators for binary options, but also tell you how to independently choose an instrument for trading, what to look for, and what mistakes speculators make when working with instruments.

How traders choose indicators

  1. They rely on a visual picture. That is, the trader selects a random indicator, places it on the chart, looks at the readings on history, and experiments with the settings. We liked the results and continue to use them. Let’s not say that this method is wrong, because if it is used, then the method works. But personally, this option is not very suitable for us.
  2. Study technical parameters. These traders are sure that you should never use a tool if you don’t know how it works. This does not mean that you need to memorize the calculation formula, but, at a minimum, you need to understand the principles of the indicator’s operation. This approach is closer to us. However, we repeat, you can try to choose an indicator without studying technical formulas.

Why do we recommend learning the technical side of a tool before working with it? Traders rarely work with only one instrument. And when 2 or more “turkeys” are used, disagreements may arise between them. And who then to believe? If you know the technical aspects of everyone's work, such a problem will not arise.

Why are indicators from the terminal better than new tools?

In the following articles we will talk about both classic analysis tools that are installed on many terminals and platforms, as well as those that have not yet earned such recognition. But looking ahead, we note that in the list of reliable indicators for binary options, which is offered below, only classical tools are presented.

We do not believe that all modernized and young systems are not worthy of attention. But today we decided to talk about the best indicators for binary options, and they, in our opinion, have not yet matured to that level.

The first reason is that standard “turkeys” are time-tested. Let's remember what MetaTrader offers traders to use in their market analysis: MA, Stochastic, Bollinger Bands, etc. Most instruments were created 20–40 years ago. Today they are used by professional speculators from all over the world.

The market is unpredictable, but at the same time it is cyclical. Therefore, despite their age, the same Bollinger Waves continue to regularly show traders the situation on the market.

The second reason is that the indicators in the terminal are free. They used to cost a lot of money, but today they are available to everyone. Of course, new tools can also be downloaded for free. However, many cost money.

The third reason is You can find much more information using classic indicators. Some of them even have books written about them. But there is much less information about new tools. You can find information on searching for signals and reviews of effectiveness. But often developers decide not to share information about how their tools are designed.

How to choose the most reliable indicator

Below we will only talk about five proven tools. But this does not mean that everyone else can be ignored. They can also help with market analysis. Moreover, each of them can become one of the reasons for losing the deposit. It all depends on how you use them.

First of all, when working with turkeys, you must understand that indicators are not providers of direct entry signals. They only show the situation on the market. Moreover, everyone has their own algorithm with which they do this. You should not blindly trust the instrument's readings.

After this, you should decide which category of tool you need. Almost all of them are divided into 3 main categories:

  • Trend - show the direction of the trend. Signals are either synchronous or delayed;
  • Oscillators often give leading signals. They can be divided into 3 categories. The first one works relative to the zero line. Second, they work on the price field. The third one works with areas of market overheating.
  • Volumes are a useful tool. But MetaTrader shows tick volumes - the number of ticks for a certain period.
  • Bill Williams indicators are a separate category of tools developed by Bill Williams.

Decide for what purposes the tool will be used, read in detail the rules for constructing and using a specific indicator.

List of the best

Let us remind you again. Each trader may have his own best trading tool. The main thing is to understand it. If you know how to work with RSI, it will be the best. If you successfully trade with Volume, work with it. Below are the five most reliable indicators for trading binary options.

  1. Moving Average is the most popular trending turkey.
  2. Awesome Oscillator – developed by Bill Williams;
  3. RSI is one of the most popular oscillators;
  4. Fibonacci levels – no one has canceled mathematics in trading;
  5. The Ichimoku indicator is a tool on the use of which books are written.

Now a little more about each of them. However, we note that we will not fully describe all the intricacies of using each, since one article will not be enough for this.

Moving Average

The moving average line shows the smoothed direction of the price over a certain period. For example, we set a simple moving average (SMA) with a period of 5 and apply it to closing (Close). Now let's calculate what value the moving average will be at.

Closing prices of the last 5 bars: 1.01000, 1.03400, 1.04400, 1.02500, 1.07000. The MA line will be located at 1.03660 (the arithmetic average of the closing prices of the last 5 candles). This is an example of calculating SMA. But there are others: EMA, WMA, etc. They are calculated in a slightly different way.

There are different ways to trade with the MA. Someone uses it at the same time. Some people prefer to set large periods (more than 200) and use them as support/resistance levels or on pullbacks. And some people use MA with other instruments.

RSI – relative strength index

Displayed in the window below the chart. This is a line that moves in the range from 0 to 100. In this case, two levels are marked: overbought (upper) and oversold (lower). By default, the levels are set at 30 and 70.

When the RSI line goes beyond one of the boundaries, we should expect a price reversal. But this does not mean that after the line crosses level 30 from top to bottom, you should open a bullish trade.

Let's consider the principle of forming the main line of the oscillator. RSI determines the strength of a trend and the likelihood of it changing. Mathematical formula We will not give a calculation, since it is not so important.

A downward signal is the intersection of level 70 from top to bottom. But an increase is a breakdown of level 30 from bottom to top. However, if you look at history, you will notice that the RSI often gives false signals. Therefore, you need to either supplement it with other tools or change the parameters. But the main thing is not to trade against the trend. That is, during an upward trend, ignore all downward signals.

You can also determine the trend using the RSI itself. To do this, set the period to 210 and leave only 1 level 50. When the line is above it, the trend is upward. When below - downward.

Other subtleties of trading using the Relative Strength Index are described in the video below. We recommend watching it.

Awesome Oscillator

This product by Bill Williams looks like MACD, only without moving averages. The instrument is based on previous quotes and is slightly delayed in its readings. Therefore, AO is not the best option for short-term trading.

Unlike MACD, the Awesome Oscillator histogram is built not based on prices, but based on their medians. Green bars are formed during an upward trend. Red - during periods of downward movement. Simply put, the indicator shows the strength and direction of the market.

The histogram is built on moving averages. The zero line around which the AO bars are built is the intersection of moving averages. Accordingly, Awesome Oscillator can, to some extent, replace MA. If you remember, one of the main signals for moving averages is crossover. Accordingly, breaking through zero level on AO is also an input signal.

In addition to the crossover, the Awesome Oscillator also gives 2 other signals. We will definitely talk about them in the following articles.

Fibonacci levels

Beginners are often afraid to use the tool because they think it is too difficult. But experienced traders can confirm that this is one of the most reliable indicators for binary options. Therefore, we recommend that you study the rules for its use.

In any trend, pullbacks occur, and Fibonacci levels are used to identify correction zones. We will not describe the rules for constructing and using lines now, since it is difficult to describe everything in a nutshell, but we will devote one of the following articles to a full review of the tool. In the meantime, we recommend watching this video.

Please note that Fibonacci Lines are best used on time frames H1 and higher.

Cloud Ichimoku

For full description indicator, experts write books and record videos lasting 8 hours. Therefore, obviously, now we will not be able to tell you how to use it. But we promise that after the publication of this article we will begin preparing material on each of the tools mentioned.

Ichimoku consists of 5 elements that give several input signals at once. Like Fibo lines, this indicator is rarely used by beginners. However, once you understand it, you can develop an effective trading system.

Each of the tools proposed above can be the best indicator for binary options. Decide for yourself whether you will be among them. If you are interested in at least one of the described tools, be sure to wait for the release of a detailed article with a description and trading strategy. And so as not to forget, add it to your bookmarks.

All more people are interested in strategies for making quick money on options with expiration times from 30 seconds to 5 minutes in order to make money and leave the market. Therefore, in this article we will look at indicators for trading binary options on short time intervals, which are tested by experts, give a statistical advantage over other algorithms and allow you to make up to 30 successful trades per day.

Indicators for binary options on a short-term time frame

Let's give examples best indicators to work on minute charts, as well as trading examples so you can see for yourself how they work.

SemaphorTrue2

This indicator is often used by professional traders working using the Martingale system. The essence of the algorithm is to build an invisible price channel. When one of its boundaries is broken, a signal is received to enter the opposite side, therefore, if you see a circle under the price, it means you need to buy an up option when this minute candle closes. If it is higher, buy down with expiration in 1 minute.

Its feature is very a large number of trading signals, which will have to be filtered. You need to buy when the price is at the bottom of the chart, and sell when it is at the top. After you analyze whether it is now expensive or cheap, you will need to find an entry signal and purchase the option.

Let's look at its signals in the MT4 terminal and when a new signal arrives, we will conclude a deal in the binary options broker platform.

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A signal appeared above the candle. Open the Olymp Trade broker platform and make a deal to buy a down option.

The result is that the price dropped by almost 5 points and we made a profit:

As you can see, making money with this indicator is really easy. If the option closes unsuccessfully, you can double your investment and recoup your losses.

M1ForexProfitsupremeFilter

High accurate indicator for trading binary options. Work on it is carried out only when changing its color. A purchase is made when the color of the bands changes from red to blue and vice versa, at the moment the minute candle closes.

Looking at an example transaction, you can understand that this system gives trading signals much less frequently than SemaphorTrue2. This is due to the features of the algorithm.

Important! You cannot buy or sell an option if more than 1 candle has passed since the signal was generated; such transactions have a lower chance of success.

A significant advantage of this indicator is that 5-6 transactions can be concluded simultaneously on several currency pairs, which rarely happens when trading, for example, using candlestick analysis.

We see how the color of the yen/dollar currency pair has changed from blue to red, which means it’s time to buy an up option. Our broker’s platform is already open, so we just open the chart of the desired currency pair and conclude a deal with an expiration period of 60 seconds:

As a result, the price changed by 5 points and we made a profit.

Such indicators provide a significant statistical advantage and allow you to trade on large brokerage accounts without Martingale, due to 70-80% of profitable trades, which is quite enough to earn money with a fixed volume.

MACD1

An improved technical indicator based on the classic MACD, using 3 moving averages and an improved signal filter. The essence of trading is to find the point where the color of the histogram changes. First, you need to look where the signal line of the indicator is. If it is below zero, you need to consider only sales; if it is higher, you should consider purchases.

The second stage of signal search in input filtering. If the histogram changes color from green to red, you need to buy a down option. In the opposite situation, when the bars change color from red to green, you need to buy up. Naturally, transactions are concluded on the minute chart.

We see on the chart of the US dollar/Canadian dollar currency pair that the indicator histogram has changed color from green to red. Open the chart of this pair from the BO broker and buy a down option.

The result is that the price changed by only 0.1 points, but these are binary options, and we made a profit in full.

Please note that the parameters are different from the standard MACD parameters. This is due to the use of a more adaptive and accurate algorithm. Percentage of profitable trades at correct use is 82-88%.

BinaryCash_Comodo

Professional indicator for accelerating your deposit on binary options. The system is sold on zone.com for $150-200, but you can download it from us for free. It is easy to understand; buy signals are marked with green arrows, sell signals with red arrows. The analysis is carried out in the MetaTrader4 platform.

When working, it is best to use minute options to make money on small price fluctuations in the morning and evening. Day trading is not recommended due to the release of important news. See how this works in practice.

We see that a down arrow has appeared on the Australian dollar/US dollar chart. Accordingly, we buy a down option.

This time the price went down by only half a point, but we made a profit.

We recommend changing the indicator period from 200 to 60, since we will need to algorithmically track the average value over an hour, and not 200 minutes. The number of transactions will also increase approximately 3 times. If you use the default settings, then it can be used for intraday trading.

On average, in 8 hours of trading, up to 20 successful transactions can be made on one currency pair. Choose those instruments with higher payouts, so you can earn more. If you receive a loss, increase the investment size by 1.5-2.5 times, depending on the level of aggressiveness of your trading.

Is it worth using these indicators?

The use of indicators on short-term timeframes of binary options allows you to consistently earn money, with a significant statistical advantage. But naturally, not all transactions will be profitable, and indicator readings must be used on time. That is, if you open a trade before the end of the minute candle, you may receive a loss. If you open it through a candle, you will again receive a loss. Therefore, here you will have to be careful and monitor the charts all the time. But the result completely pays for these efforts.

As we wrote above, the profitability of indicators is on average 80%. Experienced traders can earn 200-300% per day, while others sometimes accelerate their account from 1 thousand rubles to 10,000 or even more, then withdraw all the funds earned and continue to earn from the initial capital, over and over again.

Indicators are important components of technical analysis. They are all different, but they have the same purpose - to give the trader signals about a good moment to enter a trade. A reliable algorithm can bring investors a lot of money. In this review, I have collected all the most accurate indicators for binary options that can be downloaded for free.

Price chart with dial indicator for binary options.

There are no universal algorithms for all traders. Each investor finds his own trading system through experience. There is a huge selection of different indicators on the Internet. Some of them ask for a lot of money. At the same time, the developers claim that it is their algorithms that provide the most accurate signals for binary options. In fact, there is no point in paying for the indicator. On the Internet you can freely download many trading systems of a fairly high level.

When choosing an indicator, it is important to understand that any of them can give false signals. Therefore, there is no need to go through them all in search of the most accurate one. On the contrary, take one or two and work them properly on a demo account. Test the broker and the asset. Choose time frames. Don’t forget, the higher you set the period, the more accurate and reliable the signal will be. Only after hours or even days of training, when every step is perfected, can you start trading on a real account.

QQE New

This indicator is an updated version of the QQE trading system, which is very popular in the Forex market. The algorithm is based on the RSI oscillator indicators. QQE New - arrow indicator without redrawing. He gives signals to the trader using pointers. The message appears when the indicator signal line crosses the boundary line. A green arrow pointing up indicates the need to buy a call option. Conversely, a red sign pointing down indicates a put option. The contract should be bought on the next candle after the arrow appears on the chart. This method works well on timeframes of 15 minutes or more.

The indicator is equipped with a sound alert, which is regulated by the trader. You can enable additional trend filters.

QQE New works stably on any asset.

MACD and RSI

This accurate binary options indicator is indispensable in scalping trading. The MACD and RSI mechanisms complement each other perfectly. The first one is often late, but the second one smoothes out this drawback. The algorithm shows good results for periods from 1 to 15 minutes. But it produces more accurate messages for periods of 5 minutes and above. The sign is the intersection of the blue signal line with the red one: from top to bottom - for buying a put contract, from bottom to top - for a call.

MACD and RSI on the same chart.

Exact Entries

Many rightfully consider the Exact Entries Indicator to be the most accurate arrow indicator without redrawing for binary options. It shows results on all timeframes, even the smallest ones. But it works best for periods of 15 minutes and above. It is based on a mechanism for working out fractals. Red or green (blue) arrows serve as signals.

Exact Entries Indicator for working on binary options.

Buy Sell 2.0

Buy Sell 2.0 is the most popular indicator among binary options traders, which can be downloaded without paying. Best suited for this type of contract as it works well in a stable market. It is one of the arrow indicators and is based on the Parabolic indicators. The most accurate results are shown on timeframes of half an hour and above. At shorter periods it produces many erroneous signals. But the longer the timeframe, the more reliable the messages. For periods of 1 hour or more there are practically no false signals.

If a blue arrow appears on the chart above the blue line, this is a signal for a Call option. And below the red line there is a red arrow for the Put option. If the color of the arrow and the line are different, the accuracy of such a signal is much less.

Buy Sell 2.0 on the price chart.

Binary cash Comodo

On the Internet you can still find offers to download such an indicator for a tidy sum. But it has long been freely available for free.

Signals come in the form of arrows. The Call option must be opened when a green sign appears above the candle, and a Put sign appears below it. It is noteworthy that the system’s messages are not delayed, but ahead. The recommended analysis period is 5 minutes, and expiration is no less than 15. The indicator works well during the European session.

Comodo algorithm for binary options.

F.G.M.

The big disadvantage of moving averages is their lag. But due to the fact that several mechanisms are involved in this indicator, FGM gives signals on time. Its algorithms successfully cover each other's shortcomings. Another advantage is that it does not redraw signals.

The indicator consists of three lines: yellow, blue and blue. Yellow - shows the general mood of the market.

The Call contract should be opened when the blue line crosses the blue line from bottom to top, and the Put contract crosses from top to bottom. The most favorable situation is the intersection of all three lines at one point.

The indicator has many settings options. Therefore, it is suitable for those traders who already have experience working with moving averages. On short time frames it can produce a lot of false signals, so it is not recommended for turbo options. The optimal analysis period is 15 minutes, expiration is at least one hour.

FGM algorithm in options trading.

Forex MT4 binary

The indicator shows excellent results both on small and long periods. You should not use it with an expiration time of up to 5 minutes. Shorter periods are not amenable to technical analysis. On small timeframes, any indicator, even the most advanced one, will make mistakes. .

Signals for opening trades look like this:

  • Call is a blue dot at the bottom of the main chart, a green arrow points up, a blue stripe on the second bottom chart.
  • Put is a pink dot at the top of the main chart, a red arrow points down, a red stripe on the bottom chart.

The system is equipped with a warning function favorable situation to simplify working with the indicator.

The Forex MT4 Binary system consists of three lines of different colors.

Stochastic

The stochastic oscillator has 2 moving averages. They move within the range of values ​​0-100. Before use, you need to set the overbought and oversold levels.

It is better to use several Movering Averages at once. And for each exhibit different parameters. When the lines intersect at one point, you can judge the right moment to invest in an option. And based on the direction in which each line moves, conclusions are drawn about which contract to buy - Call or Put.

Signals for buying an option: Call - the stochastic line leaves the oversold area; and put is from the overbought area.

The longevity of the stochastic signal is achieved by increasing the period for analysis.

Stochastic moving averages in binary options.

Bollinger Bands

One of the most accurate and reliable indicators not only in Forex, but also for binary options is the Bollinger Band. This legendary trading system often used by Wall Street traders. Working with it is so simple that it is recommended to start getting acquainted with trading in the foreign exchange market from Bollinger Bands.

The algorithm is valuable because it clearly shows volatility, or the strength of changes in the price of a trading asset. Consists of three stripes:

  • simple moving average - simple moving average (usual value - 20 days);
  • top;
  • lower

The values ​​for these lines are based on standard deviations and are calculated automatically. The trader does not need to make any calculations.

  1. punching a line;
  2. walking along the lane;
  3. letters W and M.

A Bollinger base is a corridor on the chart between the upper and lower lines. The higher the volatility, the wider this area. Typically, price chart candles are located inside the Bollinger base. But when the candle goes beyond one of the lines, this is a reliable signal about a profitable situation for buying an option. If it moves beyond the upper line, it is logical to assume that the next candle will return to the area. This means you need to invest in a Put contract. If the candle is under the base, we buy a Call option.

But this method only works when the trend is not clearly expressed. If the trend is strong, the next candle may go in the same direction. This phenomenon is called "lane walking." Traders will learn about a future reversal from the W and M patterns, which can be seen on the chart.

Japanese candles surrounded by Bollinger Bands.

Kill Binary Signals 2

Kill Binary Signals 2 is an arrow type indicator. This is an updated and improved version of the popular algorithm. One of its main advantages is the absence of redraws. Suitable for all trading assets. Signals an advantageous situation using red or of blue color. The sign appears on the first trend candle.

Arrow indicator for binary options Kill Binary Signals 2.

Conclusion

The indicators listed in this article are the most accurate and reliable in the history of trading. But they all give false signals to a greater or lesser extent. There is no algorithm that would give only correct predictions. Therefore, a strategy based on the performance of one single algorithm is inevitably doomed to losses. It is especially sad when beginners, relying on system signals, try to trade without any knowledge of technical analysis. An indicator is just one of the effective tools in an investor’s arsenal. And without the appropriate knowledge and complete market analysis, it will not bring any benefit.

Well known to many traders. It generates unambiguous trading signals, which is what attracts many strategy seekers with clear entry and exit conditions. To the delight of users, the indicator was modified and adapted for binary options. Thanks to this, we have a ready-made profitable trading strategy.

Today we will look at setting up and using the indicator, identifying its pros and cons.

We present to your attention a universal trading indicator based on Parabolic SAR. The modifications were made by user MTH2014, from the Options Edge forum, for which special thanks to him. Like the original, the indicator signals potential trend reversals with dots above and below the price chart. In the modified version, the signal points are numbered 1-2-3, which helps identify specific reversal patterns on the chart.

Indicator characteristics

Trading Rules

The trade is entered at points 1, 2 and 3. The main signal is the appearance on the chart of a green or red mark with the number 1. The signal appears when the price breaks the parabolic level. If the first deal was closed in the money, ignore the 2nd and 3rd points. If the first deal is closed with a loss, we increase the size of the next contracts using Martingale.

So, the trading rules:

  1. We wait for the first signal to appear (point 1) and enter in the direction of the reversal with a minimum volume. Green dot - Call, red - Put. Expiration time is one candle of the current timeframe (for example M15 - 15 minutes).
    1. If the transaction is successful, we wait for the next main signal (the appearance of point 1).
    2. If not, wait for point 2 to appear.
  2. At point 2 we enter with double volume in the same direction. The expiration time is the same, one candle. If the point does not appear and the trend has changed its direction, we wait for the next main signal (next point 1).
    1. If the transaction is successful, we will end up with a small profit.
    2. If not, enter again at point 3.
  3. At point 3 we enter with a volume twice as large as the previous entry. The trend has changed and the dot does not appear - we do not enter.
    1. If the transaction is successful, we end up with a small profit (depending on the size of the payments).
    2. If not, we enter at the next main signal (point 1) with a minimum volume, and then continue according to plan.

Together, the 1-2-3 points represent a reversal pattern (a repeating pattern on the chart). Therefore, there is a high probability of the trend continuing after the 3rd point. At the same time, the chart itself gives clues about whether to expect the movement to continue or not. See an example with ascending patterns:

  1. 1 - Rising candle; 2 - Downward “internal” candle; 3 - The last upward candle indicates the presence of a strong movement, which is confirmed by subsequent growth.
  2. 1 - Rising candle; 2 - Rising candle; 3 - A downward candle breaks the previous low - a signal of a weak upward impulse.
  3. 1 - Rising candle; 2 - Downward candle; 3 - The last upward candle confirms the presence of a directional movement (trend).
  4. 1 - Rising candle; 2 - A downward candle breaks the previous low; 3 - An ascending candle with a very small body and a large tail, which indicates a very weak upward impulse.

These rules apply to more advanced traders and do not apply to the system in question. You can modify the system for yourself, using more complex candlestick patterns and enter only after the third signal. For filtering, for example, you can use a trend moving average to exclude flat areas.

Description of settings

In general, since it is a development of the idea of ​​​​the standard Parabolic SAR, the parameters are largely similar to the original.

  • ID - indicator name.
  • Step - Parabolic step (the author recommends 0.1618).
  • Maximum - maximum Parabolic step (the author recommends 0.2)
  • Precision - a parameter that affects the accuracy of calculations (the author recommends 6).
  • MaxCandles - number of bars to display indicator values.
  • Use_Alert - enable signal notification. The message contains the direction of the signal, the name of the trading instrument and the time frame.

The remaining parameters affect the visual display on the chart. Parameters are divided into 3 types:

  • *_Width - line width or icon size.
  • *_Color - color of the buffer (icon on the chart).
  • *_Code - number of the symbol (icon on the chart) from font “Wingdings”.

The calculation principle of the indicator is almost identical to the original Prabolic SAR. You don't even need to understand this source, just throw Parabolic on top of the modified indicator and check the correspondence of the values ​​(red dots are the original indicator).

Examples

For the test we will use a visual tester for binary options, also developed by MTH2014. Considering that the entry signal appears during the formation of the candle, and not at its opening, the indicator cannot be tested manually on history. The MT4 visual tester, in turn, simulates the real behavior of the market, and such a test will be as close as possible to real conditions. Detailed description work we have on our website.

So, let's take $10 for the minimum contract size and set the option payout percentage to 75% (insert your broker's value). In this case, if the first trade is closed with a profit, we will receive $7.5 in profit. If we make a profit only on the second trade in the series, we will make a profit of $5 ($10 loss and $15 profit from the doubled contract). On the third leg we will break even, since the profit from $40 will be $30, which is equal to the total loss from the first and second contracts. In the worst case, we will lose $70 ($10 + $20 + $40), but for this we need all 3 contracts to close OTM.

First, let's try to test the indicator in a flat: EURUSD, night period, time frame 5 minutes. As a result, the total profit for 18 transactions is $120, the total loss is $60. Profit factor = 2 ($120 / $60).

Another example on a flat, this time, GBPJPY, 15 minutes. As a result, we have $25 of net profit, profit factor = 2.25. As we can see, the consistency of the results is maintained, regardless of the pair or period.

It turns out that “shooting yourself in the foot” is not so easy and to do this you will have to take a really desperate step - try to enter against the trend. No sooner said than done, we harness the euro-dollar and wait for a strong trend movement. This is where one unpleasant feature of the indicator comes into play - signals for increases and decreases must alternate. We cannot receive, for example, two Call signals in a row. Actually, this is why the indicator performs best in a flat.

As we can see, everything is going quite well while the market is at its calmest. As the market becomes more volatile, the efficiency of the system decreases. But, given the calm nature of EURUSD, the result came out very well - $40 net and profit factor = 3.

Conclusion

The essence of the modified indicator is, first of all, maximum visibility. At its core, the system is very simple and easy to learn. Of course, once you understand the existing rules, you can modify the strategy to suit yourself and increase its effectiveness. At the same time, if you enter after the third signal, it is not necessary to use doubling. Martingale is used only under the conditions described above, where we have a fixed number of legs and a clear trend signal.

To paraphrase a famous phrase, “every trader wants to know where to enter a trade.” In other words, one of the main tasks of everyone who wants to succeed in binary options trading is to determine the entry point into a transaction that is most likely to allow it to end in a positive way. Online indicators for binary options are tools that serve as a source of visual trading signals that are understandable to the trader and serve as a guide to action. These are graphically displayed calculations - the fruit of such disciplines as mathematics and statistics.

I enjoy using indicators and recommend it to my colleagues. However, there are a huge number of free indicators for binary options: how to navigate through all the variety? Is it possible to use them all with equal efficiency?

Of course, you can’t: the volume of information will be too large. Even the most sophisticated professionals cannot “embrace the immensity” - let alone novice traders. I recommend working with a maximum of three to five indicators - but with those that are especially close and understandable to you.

Where can I find the full list? We open the Live Chart that you already know, look for the appropriate layout and select the indicators for the binary options that we need. After that, they will be installed on the chart and begin to change in real time.

Only brief descriptions indicators for binary options that are used in our practice. I wrote for each detailed guide- all descriptions can be read by following the links.

Accumulation/Distribution Created based on Williams' Volume Balance and Accumulation/Distribution. It confirms the direction of the trend, but is practically not used in its pure form - only as an auxiliary tool. Aroon Its oscillator consists of blue and orange lines. If the blue line rises and the orange line falls, we can talk about an uptrend; on the contrary, we can talk about a downtrend. AwesomeOscillator (Bill Williams' Awesome Oscillator) This binary options indicator calculates the ratio of the value of an asset over short-term periods to long-term periods. Red color at the peak of the histogram signals the need to open a bullish option, changing to green indicates a bearish option. This is one of the most popular and clear indicators. BollingerBands Another very popular binary options indicator. It implies the presence of a certain price corridor, and signals are given based on the display of prices in relation to the upper and lower boundaries of the corridor. A clear trend is a divergence of boundaries and the price chart going beyond them (“breakout” of the corridor). ChaikinOscillator (Chaikin Oscillator) Similar indicators show the activity of buyers and sellers. It is recommended not to use it independently, but only in conjunction with other signals. CommodityChannelIndex (Commodity Channel Index) Also works with price corridors. Opening an up or down option should be done when the binary options chart goes beyond the corridor and turns around. DirectionalMovement The binary options indicator is represented by three lines (pink, orange and blue color), which denote the average, negative and positive direction, respectively. DonchianChannels (Donchian Channel) Especially popular among traders new to the field of binary options. It also operates with the concepts of a price corridor and its breakdown. Ease of Movement Displays the ratio of the asset volume to the difference between the minimum and maximum. Unlike many others, it can be used independently, without regard to other charts. Elder'sForceIndex It can be used to clearly determine how strong an uptrend or downtrend is. Developed by a Russian specialist in the field of binary transactions. IchimokuCloud (Ichimoku cloud) It seems very complex, but at the same time it is one of the most effective. When analyzing it, you need to take into account the state of five lines at once. Convenient for working with long-term binary options. KeltnerChannels Visually they represent three curved lines and work with a price corridor. It is better to use it in conjunction with a binary options indicator to determine the strength of the trend. LinearRegression One of my favorite and frequently used indicators for binary options. If the value of an asset approaches the upper line (resistance), we open a downside option. If to the bottom line (support) - go up. MACD Stands for Moving Average Convergence/Divergence. You need to monitor the intersections of the blue line (the MACD itself) and the orange (signal) line. Momentum (Momentum) Included in most binary options trading advisors, it is simple and effective. Its signals are based on the oscillation of a curved line relative to the zero mark. MoneyFlow Such indicators show how interested traders are in a given asset. Recommended for use when working with stocks and raw materials, but not with currency pairs. On Balance Volume One of the oldest - but still effective - binary options indicators. Determines at what point the trend will change and how long the trend will continue. Parabolic SAR One of the most simple binary options indicators. Shows trend reversal points. Best used with medium and long-term options. PriceVolumeTrend (Price and Volume Trend) It is convenient to analyze stock market data. Confirms the strength of the trend and helps predict reversals. RateofChange A simple binary options indicator that gives a signal whether an asset is overbought or oversold (the curve is above or below the zero mark). RelativeVigorIndex (Relative Vigor Index) Refers to oscillators, but does not show oversold/overbought, but the duration of the trend and its strength. Consists of “slow” (red) and “fast” (green) lines. Stochastic I actively use this binary options indicator: by following the link you can read a particularly detailed description of it (compared to others). Its work is also based on indicators of overbought/oversold assets. Recommended for use with Linear Regression. SMI ErgodicOscillator (Stochastic Momentum Index) “Stochastic”, adapted to the analysis of a situation in which a sideways trend is observed. Stochastic RSI (Stochastic Strength Index) A combination of “Stochastic” and “RSI Strength Index”, combining the advantages of both binary indicators. It works especially well during a sideways trend. Triple EMA (Trix) The triple moving line helps to clearly identify price turning points. Indicators are recommended for use when working with long-term binary options and a pronounced trend. UltimateOscillator (Ultimate Oscillator) A binary options indicator that operates with the concepts of “overbought zone”, “oversold zone”, “price corridor”. VWAP (Volume Weighted Average Price) Primarily reflects the interest of traders. It is not recommended for independent use: it is better to combine with other signals. It should also not be used when working with currency pairs, since in this case the error is too large. Volume Another binary options chart that I actively use. It helps me determine the market turning point and trend change. Better to use with others. The highest efficiency is when trading stocks and commodities. Williams %R (Williams Percent Range) Indicators developed by Williams are popular among traders because they are convenient for use in technical analysis. Represents a curved line ranging from 0 to -100. Williams Alligator (Bill Williams' Alligator) Consists of three lines With interesting names: Jaw, Lip and Teeth of an Alligator. If the lines on the chart are close to each other, this is the so-called “Alligator's Dream”, and it is better not to make transactions. If the green line (“Lips”) crosses the blue and red ones, you need to open an option to increase or decrease, depending on the direction of movement of the “Lips”.

Is it possible to use all 30 listed indicators? No, this is not real - especially since, as you can see, many of them perform similar functions. To determine which binary options indicators are best for you, you can try each one and determine what you are most comfortable with.

Using the links provided, you can familiarize yourself in detail with each indicator of binary trades, find out what an online chart looks like, how basic signals are deciphered, and in which cases it is preferable to use separate charts. Through trial and error, you can quickly determine which indicators are the most preferable for you and start making profits with their help!

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