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PZ Binary Options MT5

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.


Comentários 9
Prathamesh Prakash Gawde
218
Prathamesh Prakash Gawde 2021.06.12 12:12 
 

👍great work

284954
184
284954 2021.05.10 14:42 
 

Bom e útil, obrigado pela disponibilização!

eders
174
eders 2020.06.25 22:17 
 

ÓTIMO

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FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerful they are. All this makes it an easy-to-use trend trading system for beginners, advanced and professional traders. Get more information, like FAQs, tips and tutorial videos in our  public FX Trend info channel ️️️️️ You want to become a constantly profitable 5-star
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Laguerre VIX Trend Extremes MT5
Laguerre VIX Trend Extremes MT5
Libertas LLC
The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
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Harmonic ABCD Monitor MT5
Harmonic ABCD Monitor MT5
Mihail Matkovskij
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
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Quantum Dynamic Volatility Indicator for MT5
Quantum Dynamic Volatility Indicator for MT5
QUANTUM TRADING SOFTWARE LIMITED
Have you ever wondered why so many Forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite direction. This happens in all timeframes, and in all currency pairs. The candle or bar closes, with a wide spread, but then reverses sharp
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Advanced Harmonic Patterns MT5
Advanced Harmonic Patterns MT5
Sergey Efimenko
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows
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Murray Math Levels several oktavs for MT5
Murray Math Levels several oktavs for MT5
Vladyslav Goshkov
This indicator calculates and displays Murrey Math Lines on the chart. This MT5 version is similar to the МТ4 version: It allows you to plot up to 4 octaves, inclusive, using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths. In contrast to the МТ4 version, this one automatically selects an algorithm to search for the base for range calculation. You can get the values of the levels by using the iCustom() funct
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TPA Sessions MT5
TPA Sessions MT5
InvestSoft
"TPA Sessions"  indicator is a very important tool to complement  "TPA True Price Action"  indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!!   The   first run   of the TPA Session indicator   must be in the open market   for the lines to be drawn correctly. Please visit our blog to study actual
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PAX3 Price Action Indicator
PAX3 Price Action Indicator
Marco Aurelio Santos Costa
Provavelmente você não verá o poder do indicador no backtest , pois ele utiliza 3 janelas, coisa que não dá para fazer, na versão DEMO que o site disponibiliza.  Eu confio 100% no meu trabalho e no meu indicador, se quiser uma versão de teste chame por mensagem, diferente de outros vendedores, que querem apenas "vender", eu quero quer você tenha uma versão completa antes de alugar e decidir. Many people have requested the purchase of the life time indicator, so I am making it available for a l
150 USD
Volume Spread Pattern Indicator MT5
Volume Spread Pattern Indicator MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
80 USD
No Demand No Supply MT5
No Demand No Supply MT5
Panagiotis Diamantopoulos
No Demand No Supply   This indicator identifies   No Demand –No Supply candles  to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator  with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows: No Demand (no buyers-potent
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Configurable Dashboard Pro by RunwiseFX MT5
Configurable Dashboard Pro by RunwiseFX MT5
Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
79 USD
VR System MT 5
VR System MT 5
Vladimir Pastushak
VR System não é apenas um indicador, é um sistema de negociação completo e bem equilibrado que inclui indicadores simples de média móvel combinados e um canal Donchian. O sistema é baseado em regras comerciais clássicas. VR System leva em conta as regras de entrada no mercado, retenção da posição no mercado e regras de saída. Regras de negociação simples, riscos mínimos, instruções claras tornam o VR System uma estratégia de negociação atraente para os comerciantes nos mercados financeiros. O su
69 USD
Weis Wave with Alert MT5
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
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PZ TRADING SLU
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PZ Pivot Points
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PZ TRADING SLU
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PZ Three Drives
PZ Three Drives
PZ TRADING SLU
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PZ Swing Trading
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PZ TRADING SLU
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PZ Inside Bars MT5
PZ Inside Bars MT5
PZ TRADING SLU
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PZ Trendlines
PZ Trendlines
PZ TRADING SLU
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PZ Goldfinch Scalper EA MT5
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
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PZ Turtle Trading MT5
PZ Turtle Trading MT5
PZ TRADING SLU
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
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PZ Oscillator MT5
PZ Oscillator MT5
PZ TRADING SLU
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PZ Market Profile
PZ Market Profile
PZ TRADING SLU
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
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PZ Oscillator
PZ Oscillator
PZ TRADING SLU
O Pz Oscillator é um acelerômetro muito suave e sensível que fornece uma série de informações úteis e detecta automaticamente as divergências . É uma grande confirmação de negociação e pode ser usado para identificar a direção e força da tendência. Ele foi projetado como um complemento para as nossas ferramentas de negociação. Direção de tendência O oscilador plota duas médias móveis para mostrar a direção da tendência. Se a média móvel rápida está acima da média móvel lenta, o mercado está em
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PZ Goldfinch Scalper EA
PZ Goldfinch Scalper EA
PZ TRADING SLU
Esta é a iteração mais recente do meu famoso scalper, Goldfinch EA, publicado pela primeira vez há quase uma década. Ele amplia o mercado em expansões súbitas de volatilidade que ocorrem em curtos períodos de tempo: assume e tenta capitalizar a inércia no movimento dos preços após uma súbita aceleração dos preços. Esta nova versão foi simplificada para permitir que o profissional use o recurso de otimização do testador facilmente para encontrar os melhores parâmetros de negociação. [ Guia de ins
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Filtro:
Prathamesh Prakash Gawde
218
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
184
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
4047
Valentin Butorin 2020.07.23 14:59 
 

Usuário não fez qualquer comentário quanto a classificação

eders
174
eders 2020.06.25 22:17 
 

ÓTIMO

Edgar Duttweiler
639
Edgar Duttweiler 2020.01.03 19:11 
 

A very nice indicator. Thanks.

[Excluído] 2019.09.27 08:39 
 

Usuário não fez qualquer comentário quanto a classificação

Responder ao comentário
Versão 2.0 2019.08.15
- Bug fixes