Can any one please suggest me the best indicator for binary options trading?
try the cat face indicator in the traders joking thread
Maybe it would be good to read this thread regarding binary options : https://www.mql5.com/en/forum/181270
just wondering binary option -- another way of underwriting
(otherwise it will be gamble as which football team won)
say, if it said, today (end of day at certain hour), the price would be go ABOVE or go BELOW certain price, xxyy
does it mean , end of today probably within xxyy
i.e. if we got a live account of binary option, will those PRICE given on our favorite pair, give us a GOOD HINT of what professionals say about the RANGE that pair will move about today (not beyond)
or it just use the INSTINCT of our betting behavior, more you bet on 2 options, then you lost eventually because of fear and likeliness of random betting
The best indicator for binary trading is a combination of macro and micro information and data such as profits warning, and CEO or CFO statement.
An interesting webinar on binary options trading
introduction to binary options trading
Thanks a lot to all for your reply. I am doing this binary options trading since 1-month, now i reached upto 70% accuracy but still need to be more accurate.... I need some leading indicators to trace the trade before and good strategies that work for binary options trading......
Can you give us any details on your trading system with 70% accuracy?
Binary Options Trading
If you already have a strategy that is somewhat effective, you can try a custom indicator that I built to help you get into a trade at the right moment. Keep in mind with binary options you don't need a whole lot of winning trades you just need about 3 or 4 winning trades a day to make it profitable. Use good money management for example trade no more than 6% of your account and with each winning trade make sure your trading the 6%. a couple of things will happen as you win. 1. it takes two trades to recover from 1 loss. if you use this money management as outlined the more winning trades you get the less a loosing trade will put you back.
There should be an attachment called "TimeLineSpecial.mq4". place the indicator in your indicator directory and add it to your chart. Take trades according to your strategy that appear in the "sweetspot"
I traded with this signal service for a while. The guy uses a four candle system which seems to work on bollinger bands. It seemed to work quite well and actually posted an entry signal on the indicator that you just had to follow. (Ok it did use martingale money management).
If anyone knows exactly what system or indicator was being used I'd sure like to get hold of it.
I'm using a binary option software for one week but it's to early to make a recommendation. I'll see in 1-2 month