• Overview
• Reviews (3)
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# PZ Binary Options

4

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 ]

• 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.

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 3
238
2021.07.27 04:29

Great indicator, tested for 48 hours and find the best time to use it , enter trades at 39 and up ..

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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! Recomedation for work with indicator #8 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
TrendMaestro
Stefano Frisetti
5 (2)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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‍You can visually backtest Elliot Wave Impulse   to see how it behaved in the past!     Manual guide:   Click here Starting price of  \$45  for the first 25 copies ( 4 left)! -- Next price is   \$99 .  This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get  it  for  FREE as a BONUS!  The Elliot Wave Impulse is a pattern  identified in the Elliott Wave Theory, a form of technical analysis used to ana
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238
2021.07.27 04:29

Great indicator, tested for 48 hours and find the best time to use it , enter trades at 39 and up ..

64
2021.06.22 05:34

it helper to show where the buyers and sellers are per candle.

824
2021.04.10 14:05

removed