Binary Filter
- Indicators
- Version: 1.50
- Activations: 5
BinaryProfitFilter analyzes the historical effectiveness of trading signals and displays only signals that meet the specified profitability level. Suitable for binary options, Forex, and stocks.
Main Parameters
| Parameter | Default Value | Description |
|---|---|---|
| IndicatorName | "Your Indicator" | Name of external indicator |
| BuyBuffer | 0 | Buy buffer index |
| SellBuffer | 1 | Sell buffer index |
| SignalCount | 3 | Number of signals analyzed for profitability |
| TargetProfit | 60.0 | Target profitability percentage |
| ShowProfitability | true | Display statistics on chart |
| EnableAlerts | false | Enable pop-up alerts |
| EnableSound | false | Enable sound alerts |
| BuyArrowCode | 233 | Buy arrow symbol code (▲) |
| SellArrowCode | 234 | Sell arrow symbol code (▼) |
MA Parameters
| Parameter | Default Value | Description |
|---|---|---|
| UseBuiltInMA | false | Use built-in MA indicator |
| FastMAPeriod | 5 | Fast MA period |
| SlowMAPeriod | 20 | Slow MA period |
| MAShift | 0 | Indicator shift |
| MAMethod | MODE_SMA | Smoothing method |
Usage Recommendations
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For Binary Options:
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Timeframes: M1-M5
-
TargetProfit: 55-65%
-
SignalCount: 5-10
-
-
For Forex/Stocks:
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Timeframes: H1-D1
-
TargetProfit: 60-70%
-
SignalCount: 10-20
-
-
Optimal MA Settings:
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Fast MA: 5-12 periods
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Slow MA: 20-50 periods
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Method: EMA or SMMA
-
Work Example
Current Statistics: Profitability: 66.7% (2/3) Target: 60.0% Status: TARGET REACHED
System Actions:
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New signal received from indicator
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History checked: 3 signals, 2 profitable
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Profitability 66.7% > target 60%
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Signal displayed on chart
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Alert activated
Operating Principle
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Analyzes last SignalCount signals
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Calculates profitability: (Profitable signals / Total signals) × 100%
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Displays signal only if Profitability ≥ TargetProfit
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Two operation modes: External indicator or built-in MA crossover
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Statistics displayed in top-left chart corner
