Hello MT4 programmers out there! I needed help on changing some codes in this indicator.
A kind trader provided this indicator in one of the forum for trading Binary Options. The indicator is able to provide an accurate CALL or PUT...
I bought PipFinite Breakout Analyzer and PipFinite Strength Meter in 2015. Recently, I started to use Breakout Analyzer for Binary Option trading. With help from another custom indicator, the result seems to be promising. Of course, you can't expect all wins and no losses but more wins than losses. See chart below : 1 min chart, trade 5 min expiry. All currency pairs but recommend that you trade with the slope of the band i.e. band is slopping up, trade CALL and band is slopping down, trade PUT.
Ping me privately if you want to try out the additional indicator. Demo account first please ! No obligation and no need to say thank you either. I don't develop the indicator but I spend a lot of time modifying it. So don't ask me for source code please !
Some people also commented that you can use it to trade Forex profitably with trailing stop but at higher time frame. I have not tried it myself. If you folks tried and have some successful results, please share your findings!