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Honest Predictor for Binary Options FREE

This tool is the FREE version of the Honest Predictor indicator, a trend predictor with an expiry time implemented that is especially suitable for Binary Options.

To facilitate the testing of the indicator before purchasing, I created this freely downloadable version that has exactly the same features as the payed version, but with one limitation: it can be attached only to one chart at a time.

Read carefully the description and comments of the indicator before using it.

Rather than implementing complicated strategies and sophisticated technical indicators, I preferred to concentrate my efforts on providing the tool with robust statistical bases for the sake of risk minimization.

Recall that Binary Options are particularly risky because, apart from predicting the price trend direction, one must also guess the "sign" of the price change at an a-priori given expiry time.

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Honest Predictor for Binary Options
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Honest Predictor indicator ( iHP ) predicts trend direction at a given "expiry time" making it particularly suitable for traders operating with Binary Options . Its main features are: "Honest" statistical information provided about the level of reliability of the trend predictions. No redrawing, no recalculation performed. The indicator is stable and calculated only on closed bars (not on ticks). Positions outcome evaluated on actual closing prices. Based on the RSI technical indicator within a
30 USD
Paolo Miocchi
SimplyScalper(SS) is a fully automatic (semi-)scalping robot working with ticks and acting during high volatility market conditions (mostly during news release). Technical indicators are also used to improve accuracy on market entries. Its non-aggressive strategy allows to tolerate relatively high floating spreads (up to 2-3 pips). WARNING: so far, this EA has been tested only on the Strategy Tester with real ticks and on a demo account (with floating spread). For this reason it cannot be purcha
30 USD
Helping Honest Predictor
Paolo Miocchi
The Helping Honest Predictor (HHP) script was created to assist the user in finding the best values for the input parameters of the Honest Predictor Indicator ( iHP ) for most profitable Binary Option trading. Once the desired range is given by the user for the values of one of the most relevant iHP parameters, namely the positions Expiry Time , HHP "scans" this range and finds out the maximum backtesting accuracy of the indicator (provided the requested reliability level is fulfilled) and for w
DailyTrader TEST
Paolo Miocchi
This expert is a free copy of the DailyTrader EA and it was created for the purposes of a quick and easy evaluation of the product. Indeed, when tested within the Strategy Tester, it operates on bar open prices. This greatly facilitates the backtesting because the much faster Open prices only mode can be used in the Strategy Tester. Please, notice that this free version can only be used within the Strategy Tester. For best accuracy, it is advisable to use M1 as bars data and backtest timeframe.
Spread Analyser FREE
Paolo Miocchi
Spread Analyser is a simple but useful indicator which shows and analyses your broker floating-spread history. Although many brokers claim to have a low spread, they often refer to the time-averaged value, without giving any indications on the maximum value reached during the day. Quite often, the instantaneous spread shows "peaks" that are several times higher than this average. If these peaks take place during high volatility conditions (as happens frequently) then they can dramatically affect
Testing Honest Predictor
Paolo Miocchi
This simple Testing Honest Predictor (THP) Expert Advisor was created in order to easily and meaningfully test the Honest Predictor indicator (iHP) performances, within the MT4 Strategy Tester . Given an asset and a timeframe, THP selects a part of the positions displayed by iHP and prints on the journal (screenshot #2) the percentage of winning positions as if they were executed by a user. It accepts only positions for which iHP suggests a reliability level not "UNRELIABLE" and a probability hi
Paolo Miocchi
DailyTrader (DT) is a trading robot designed to trade on the breakout of important resistance/support levels. It typically executes one or two trades per day. The present version, with default settings, is most efficient on GBPUSD, USDJPY and EURUSD pairs, provided that the spread is not larger than 2 pips. Please, do backtest with your broker's quotes on "Every Tick" mode (possibly with real ticks, 99% quality), before using the robot on a real account. Features It only uses pending orders. S
99 USD
Paolo Miocchi
TrustyTrader is a professional indicator based on a proprietary algorithm that suitably combines and filters moving averages to detect profitable trends. Through a deep statistical analysis and a built-in optimizer, it provides reliable alert signals to enter the market, along with solid indications on optimal Stop-Loss (SL) and Take-Profit (TP) levels. The indicator is never either repainted/backpainted or recalculated and signals are strictly on the "Close of the bar" (try the free DEMO or see
30 USD
Spread Analyser
Paolo Miocchi
Spread Analyser is a simple but useful indicator which shows and analyses your broker floating-spread history. Although many brokers claim to have a low spread, they often refer to the time-averaged value, without giving any indications on the maximum value reached during the day. Quite often, the instantaneous spread shows "peaks" that are several times higher than this average. If these peaks take place during high volatility conditions (as happens frequently) then they can dramatically affect
30 USD
Trading Analyser
Paolo Miocchi
The aim of this indicator is to provide statistical information about the user trading activity as recorded in the MetaTrader Account History . It can be loaded on any chart and timeframe and the information is shown on the main window and refreshed every time a new bar is formed. The orders can be selected according to various meaningful criteria: their type (long and/or short), those having a given magic number, those executed in a given time interval, on a particular weekday, on a given symbo
30 USD
Rodrigo da Silva Boa
Rodrigo da Silva Boa 2015.12.06 15:09 

Usuário não fez qualquer comentário quanto a classificação

vahid jannati
vahid jannati 2016.03.03 20:51 

does not work and if it is free why does't work ?

Maksym Mudrakov
Maksym Mudrakov 2016.08.30 17:33 

Usuário não fez qualquer comentário quanto a classificação

Gennadiy Voltornist
Gennadiy Voltornist 2017.05.30 15:41 

Usuário não fez qualquer comentário quanto a classificação

Tim Eubanks
Tim Eubanks 2018.03.16 03:54 

Signal are not good.

Responder ao comentário
Versão 2.1 2015.06.09
- Added "Time Offset" (in hours) input parameter. It will be added to the Server time to give the position and expiry time displayed in the Alert messages (it can be negative).

- IMPORTANT BUG correction: the position and expiry time reported in the Alert messages are NOT in GMT as erroneously stated in previous versions. They are in Server time (some servers use GMT, some do not).
Depending on the user convenience, she/he can now set the above-described "Time Offset" parameter, as an amount of hours to add (or subtract if negative) to the Server time to give position and expiry time in the alerts.

This version is compatible with the "Helping Honest Predictor" optimizer script v.1.2.
Versão 2.0 2015.05.29
- For the sake of a better risk management, the maximum number of consecutive losses and the average of the difference between strike and expiry price on winning positions have been added in the backtesting report.
- Alerts are now displayed only when the backtesting statistics is at least MODERATELY RELIABLE.
- Chart time gaps (e.g. weekends) are excluded from backtesting.

This version is compatible with the "Helping Honest Predictor" optimizer script v.1.2.
Versão 1.9 2015.05.19
- Accuracy further increased by improvements on trend prediction and filtering.
Versão 1.8 2015.05.08
Trend prediction scheme improved for higher accuracy. Shorter timeframe confirmation strategy unnecessary and removed: now signals are displayed at the bar closing time (no delay) and the strike price now coincides with the bar closing price.
Versão 1.7 2015.05.06
- Shorter timeframe confirmation strategy improved.
- Added "Trend Prediction Mode Reversible" option: if enabled, the trend prediction mode (either "trend continuation" or "trend reversal") can change at any time, as soon as the backtesting accuracy drops below 50%.
When this happens, the indicator restarts and all positions are recalculated.
If disabled, the trend prediction mode is fixed since the beginning and cannot change any longer.
The option is forcedly enabled while testing.
The currently adopted mode is reported in the comment, as well as in the journal when it changes.
- Minor bugs corrected.
Versão 1.6 2015.04.29
- a further option added to draw "strike price" lines
- small bug corrected in the trend searching logic

Please, read the comment #7 I made on 2015.04.28 at

Versão 1.5 2015.04.24
Now it provides information on data reading error from the server and better implements trend searching logic
Versão 1.4 2015.04.23
Minor bugs corrected.
Versão 1.3 2015.04.21
Added buffers to interface the indicator with an EA