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PZ Binary Options MT5

4.56

This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to trade
  • Trade both call and put options
  • No crystal ball and no predictions
  • The indicator is non-repainting
The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles:
  • Every binary option represents a 50/50 random event
  • Predicting if the next bar will close up or down is impossible
  • The only way to make money is paying the right price for all wagers
  • The long-run mathematical expectation is all that matters

To use this indicator you need a true binary option provider. Most so-called binary options brokers do not offer binary options at all, but offer a gambling setup based on expirations in time. But a true binary option is like any other option, it has a strike price and a expiration stamp, and can be bought and sold until expiration. A true binary option provider shows the price of the option as market participants exchange it during the session.

A true binary option has a price between 0 and 100, and it fluctuates. If the option expires in the money, then the closing price of the option is 100. If it expires out of the money, the closing price is zero. The price fluctuates as people buys and sells it during the session until expiration. Your profit is the difference between the price at which you bought the option and the price at which it expires. For instance, if you buy an option for 50 and it closes in the money, at 100, you make 50. If you buy it at 50 and closes a zero, out of the money, you lose 50. If you buy it at 25 and closes at 75, you make 75.

How to Trade

The indicator analyzes price action patterns and displays crucial information on the top-right corner of the chart at bar closing.

  • At what price you should buy a call option
  • At what price you should buy a put option
  • Can the trade still be placed?

The indicator does not predict the direction of the next bar. What it does is analyzing price action and calculating how much is reasonable to pay for both options. Given the opportunity, you should trade both directions, and both would be a positive equity decision in the long run. You should never trade "out of time".

This indicator will not provide you with trades often, but selective situations in which trading makes sense.

Oscillator and Chart Indications

The indicator displays past values on the chart and implements a relative strength oscillator that measures the overall tendency using two moving averages: if the main line is above the signal line, bars tend to close above the open price and vice versa. Additionally, strong breakouts or false breakouts are directional factors to have in count, and are portrayed on the chart by a trailing "+" to the candlestick data.


The Truth About Binary Options

Binary Options have become very popular and attract a lot of novice traders, who find it easier to trade binary options than doing actual trading because position management is out of the equation. Most of them feel they have an edge because they can read technical charts, but ignore that short-time price movements are completely random and have nothing to do with technical analysis.

Binary Options have an expiration time, and therefore cap your profits in two dimensions: price and time. The odds of the future price being above the current price in a fixed period of time are always a 50% chance, and thus trading binary options is actually gambling on instruments with a very bad payoff structure.

The mathematical truth is that binary options are rigged against the trader. But if you still want to trade them, this indicator is your best chance.


Input Parameters

  • Fast MA: Fast MA Period for the oscillator
  • Slow MA: Slow MA Period for the oscillator
  • Max History Bars: Amount of bars to evaluate when just loaded
  • Drawing: Drawing, color and sizes options

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


Reviews 12
xlxAxlx
541
xlxAxlx 2022.03.23 04:38 
 

THanks...

Prathamesh Prakash Gawde
339
Prathamesh Prakash Gawde 2021.06.12 12:12 
 

👍great work

284954
376
284954 2021.05.10 14:42 
 

Bom e útil, obrigado pela disponibilização!

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The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT 5 Key features Stoploss   and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the br
180 USD
VR Sync Charts MT5
Vladimir Pastushak
5 (2)
VR Sync Charts is a tool for synchronizing layout between windows. INDICATOR DOES NOT WORK IN STRATEGY TESTER!!! How to get a trial version with a test period, instructions, training, read the blog https://www.mql5.com/ru/blogs/post/726504 . VR Sync Charts allow you to synchronize trend levels, horizontal levels and Fibonacci layout with all charts. With this you can synchronize all standard graphic objects in the MetaTrader terminal. All your trends, Gann lines and other objects are exactly cop
30 USD
Buy and Sell Arrows when price breaks out from Consolidation. It Also Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works ony any pair, any timeframe.   (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 more of my indicators  here . MT4 Version Here . What is Consolidation Breakout and why is it important to you? As you know, t
197 USD
FX Volume MT5
Daniel Stein
4.9 (10)
Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Please read our basic tutorial ->   "Ho
120 USD
Description: The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns. KEY LINKS:   How to Install  –  Frequent Questions  -  All Products  Functions: Finds Market Makers patterns. Finds extremes or exhaustion into the market. Looks for a trend continuation. Content: TDI Indicator Divergence and M or W Signals Note 1:  This indicator should only be considered as a part of any trading strategy. You shoul
69 USD
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PZ Swing Trading
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
249 USD
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
299 USD
PZ Day Trading MT5
PZ TRADING SLU
3 (4)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
299 USD
PZ Trend Trading MT5
PZ TRADING SLU
3 (2)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
299 USD
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
299 USD
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
149 USD
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
49 USD
Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
149 USD
PZ Support Resistance
PZ TRADING SLU
3.33 (3)
Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
149 USD
This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A value of zero means the market is absolutely flat A value of 100 means the market is totally trending The blue line means the price range is healthy The red line means the price range is narrow The moving average is the flat market index (FMI)
49 USD
PZ Support Resistance MT5
PZ TRADING SLU
3.75 (4)
Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
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PZ Reversal Fractals MT5
PZ TRADING SLU
4.52 (21)
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
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PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
3.56 (27)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] The indicator ratio gives you a measure of the buying pressure as a percentage of the total ac
30 USD
PZ Trend Trading
PZ TRADING SLU
4.67 (3)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
299 USD
PZ Day Trading
PZ TRADING SLU
3 (2)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It provides suitable SL and TP levels It impl
299 USD
PZ Goldfinch Scalper EA
PZ TRADING SLU
2.56 (34)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
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PZ Pivot Points MT5
PZ TRADING SLU
4.95 (20)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
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PZ Trendlines MT5
PZ TRADING SLU
4.8 (5)
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
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PZ ABCD Retracement
PZ TRADING SLU
3.75 (4)
This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable breakout periods Customizable lines, colors and sizes It d
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PZ Inside Bars MT5
PZ TRADING SLU
4.67 (6)
This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
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PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
249 USD
PZ Trendlines
PZ TRADING SLU
4.56 (9)
Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
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PZ Turtle Trading MT5
PZ TRADING SLU
4.5 (6)
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
FREE
PZ Three Drives
PZ TRADING SLU
3.5 (2)
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
FREE
PZ Market Profile
PZ TRADING SLU
4.29 (7)
The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
FREE
PZ Pivot Points
PZ TRADING SLU
4.55 (11)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
FREE
This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
99 USD
This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
99 USD
PZ Sandwich Bars MT5
PZ TRADING SLU
5 (1)
This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
FREE
Filter:
xlxAxlx
541
xlxAxlx 2022.03.23 04:38 
 

THanks...

shanghai1
61
shanghai1 2021.11.19 05:39 
 

看不懂,可以讲一下怎么用吗

PeterSchiffner
45
PeterSchiffner 2021.10.31 14:25 
 

nice tool very helpful. thanks

Prathamesh Prakash Gawde
339
Prathamesh Prakash Gawde 2021.06.12 12:12 
 

👍great work

DjEvo Bloem
48
DjEvo Bloem 2021.05.26 17:14 
 

arrows would help alot

284954
376
284954 2021.05.10 14:42 
 

Bom e útil, obrigado pela disponibilização!

ivs0727
24
ivs0727 2021.05.02 20:56 
 

Yes, it is helpful when performing the analysis

Mohamad Abuzaid
63
Mohamad Abuzaid 2021.03.25 18:33 
 

Didn't understand it

Valentin Butorin
4092
Valentin Butorin 2020.07.23 14:59 
 

User didn't leave any comment to the rating

eders
174
eders 2020.06.25 22:17 
 

ÓTIMO

Edgar Duttweiler
639
Edgar Duttweiler 2020.01.03 19:11 
 

A very nice indicator. Thanks.

[Deleted] 2019.09.27 08:39 
 

User didn't leave any comment to the rating

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Version 2.0 2019.08.15
- Bug fixes