Binary Power Pinbar 2

Binary Power Pinbar 2 for MT4

Binary Power Pinbar 2 is a binary options indicator that works with any currency pair and is suitable for all timeframes.

Working Principle

The indicator identifies the "pin-bar" pattern on the chart. Once it appears:

  • For Buy Signals: If the price updates the pin-bar's high, a buy signal is generated.
  • For Sell Signals: If the price updates the pin-bar's low, a sell signal is generated.

Main Features

  • Expiration Period: Set to 1 candle by default, but you can select up to 5 candles in the settings. It is recommended to use 1 or 5 candles.
  • Signals: Displayed as buffer arrows:
    🔴 Red arrow — sell signal.
    🔵 Blue arrow — buy signal.
  • The signal appears on the previous candle and is valid for the current candle. If the signal arrives later, evaluate it based on the timeframe:
    • For M1: Skip signals that appear more than 10 seconds after the current candle opens.
    • For M5: Accept signals that appear within 20 seconds, and so on.

Advantages

All my indicators, including Binary Power Pinbar 2, have buffer arrows. This allows you to connect an expert advisor that works based on indicator buffers for fully automated trading.

Installation Guide

To ensure proper functionality, copy the "MQL5" folder to your terminal directory. You can download the folder here. Detailed installation instructions can be found in this video.

Additional Tools

To receive notifications about signals, you can use a special indicator with a pop-up notification function: https://www.mql5.com/ru/market/product/126588.

Bonus

After purchasing the indicator, you will receive a gift: an expert advisor that automatically opens trades in the MT4 terminal (e.g., with the Grand Capital broker) based on signals from any of my indicators with your chosen expiration.


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Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Fibonacci Confluence Toolkit Multi-Timeframe is an advanced technical analysis tool designed for professional traders, helping to identify potential price reversal zones by combining key market signals and patterns. With multi-timeframe display capabilities through the Timeframe Sele
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The Binary SF indicator for binary options is designed for the MetaTrader 4 trading platform and provides non-repainting signals, making it a reliable tool for traders. It is suitable for any timeframe (from M1 to daily) and is mainly used for trend trading, helping traders identify suitable entry points for short- and medium-term trades. Working Principle and Signals The indicator analyzes the market and generates signals in the form of arrows (up for buys and down for sells), displayed on the
Binary boom
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The Binary Boom Indicator is designed for binary options trading and can be used on any timeframe and currency pair. The recommended expiration is 1 candle. The indicator provides a signal as a buffer arrow (red or blue) before the close of the current candle, allowing you to respond to the signal quickly. For convenience, signal pass-through statistics are displayed on the chart, helping to assess their effectiveness. Attention: For the indicator to work correctly, copy the "MQL5" folder into t
Binary Pin Bar
Roman Lomaev
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The "Binary Pin-Bar" indicator for MT4 is designed for binary options trading on M1 and M5 timeframes and works with any currency pair. It generates entry signals when a pin-bar candle forms a new high (for an uptrend) or low (for a downtrend). Features: Signals appear as buffer arrows on the chart: a blue arrow indicates a Buy signal, and a red arrow indicates a Sell signal. Performance statistics for each currency pair are displayed on the chart to assess signal reliability and optimize parame
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Igor
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Igor 2025.01.16 17:45 
 

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Roman Lomaev
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Reply from developer Roman Lomaev 2025.01.16 18:11
Yes, you are right. It was she who inspired me when creating the indicator
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