Alpha Trend Spotter Binary Option

1

This indicator is customized for binary option trading like M1 timeframe or turbo option trading.

The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the money risked. If you predict correctly, you get your money risked back PLUS a return. These returns are usually between 70-85%.


Parameters

  • Bar period - number of bars used for the indicator calculations. Default is 5.


How to Use

  1. RED BAR means Bearish candle for the next candle.
  2. GREEN BAR means Bullish candle for the next candle.
  3. ORANGE BAR means no order until next candle.


Example

While working on M1, look at the last bar. If the bar is RED, open short/sell.

If the bar is GREEN, open long/buy.

If the bar is ORANGE, do not open a position until the next bar is RED or GREEN.

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This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high. With adjustable Fibonacci range and has an alert function. How to use Fibonacci Risk Reward Ration (R3) into trading strategy Forex traders use Fibonacci-R3 to pinpoint where to place orders for market entry, for taking profits and for stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off of support and resistance levels. Fibonacci retracem
Fibonacci Swing Scalp (Fibonacci-SS) This indicator automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with an auto Pending Order (Buy/Sell), Stop Loss, Taking Profit 1, Taking Profit 2 and the best risk and reward ratio. This is a very simple and powerful indicator. This indicator's ratios are math proportions established in many destinations and structures in nature, along with many human produced creations. Finding out this particular a
This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indicat
This indicator based on Alpha Trend Spotter, Moving Average, and RSI Indicators. Its Customized for H4 (Four Hour) Timeframe where the price do real swing. This indicator doesn't have setting value, just plug and play in H4 Timeframe. Best performance with pairs: EURUSD GBPUSD EURJPY GBPJPY Entry conditions: LINE CROSS ATS < 30, HOLD and then line TOUCHING BACK TO 30 = LONG ENTRY LINE CROSS ATS > 70, HOLD and then line TOUCHING BACK TO 70 = SHORT ENTRY Exit conditions: LONG CLOSE IF CROSS ATS
This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how
This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr
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217819606 2015.09.21 10:47 
 

Coder did not fixed the problem with the alert .The alert appears on every csndle very annoying.DO not use this indicator my advise.

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