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PZ Binary Options MT5

4.07

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 17
xlxAxlx
712
xlxAxlx 2022.03.23 04:38 
 

THanks...

Prathamesh Prakash Gawde
393
Prathamesh Prakash Gawde 2021.06.12 12:12 
 

👍great work

284954
538
284954 2021.05.10 14:42 
 

Bom e útil, obrigado pela disponibilização!

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ICT, SMC, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks,   Breaker Blocks ,  Momentum Shift, Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buyside Liquidity, Sellside Liquidity,  Liquidity Voids, Market Sessions ,Market Time,   , NDOG, NWOG,Silver Bullet,ict template  In the financial market, accurate market analysis is crucial for investors. To help investors better
Black Dragon indicator mt5
Ramil Minniakhmetov
4.83 (58)
The trend detection indicator will compliment any strategy and can also be used as an independent tool. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!  Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange,  which can be used both, for profit taking, and for settings up stop-losses. The indicator does not change color after t
IX Power MT5
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IX Power   finally brings the unbeatable precision of FX Power to all your trading symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can   analyse everything   your terminal has to offer. Try it out and experience how   your timing improves significantly   when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Inve
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Filter:
rufus22
14
rufus22 2024.04.30 11:10 
 

this indicator is nonsense, dont waste your time. you wont understand it and it gives signals only when candle has finished forming and passed.

Chispa2023
64
Chispa2023 2023.11.24 20:44 
 

Muito bom.

Евгений Верхоланцев
20
 

Удобный индикатор, не сразу разобрался. Сейчас все норм , спасибо!

Alberthto23
174
Alberthto23 2022.10.12 18:36 
 

Razoável, dá muito sinal falso!

Carlos_Maia
65
Carlos_Maia 2022.09.11 17:32 
 

Achei muito confuso...Não me adaptei.

xlxAxlx
712
xlxAxlx 2022.03.23 04:38 
 

THanks...

shanghai1
65
shanghai1 2021.11.19 05:39 
 

看不懂,可以讲一下怎么用吗

PeterSchiffner
55
PeterSchiffner 2021.10.31 14:25 
 

nice tool very helpful. thanks

Prathamesh Prakash Gawde
393
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
538
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

Mohammed Mohammed Mohammed Abu Zaid
350
 

Didn't understand it

Valentin Butorin
4123
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