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What is Binary Options and Forex? Free Download Best Binary Indicator
What are binary options?
A binary option is essentially a bet about whether the price of a financial asset will go up or down in a specified time period. We bet a fixed amount of money that the price will go up or down in a specified time period. If we predict correctly then we win money and if we don’t we lose. Typically if we predict correctly we will win whatever we bet plus around 70% (the ‘payout percentage’ is determined before we bet and is clearly stated by the company we are betting with). If we lose the bet then we usually lose whatever we originally bet.
This is best explained with a couple of examples:
Example 1 – 60 Second Binary option – WIN
We place a bet of $25 that the price of Gold will increase. When we placed the bet the price of Gold was $1311.6 and after 60 seconds the price has risen to $1312.1. We have therefore won the bet and we win $17.501 and receive our original stake back of $25. This means that we receive $42.50 in total ($17.50 + $25 = $42.50)
Example 2 – 60 Second Binary option – LOSE
We place a bet of $25 that the price of Gold will increase. When we placed the bet the price of Gold was $1311.6 and after 60 seconds the price has fallen to $1311.0. We have therefore lost the bet and we lose $25
What are the benefits binary options?
As we can see, binary options offer an exciting new way to bet on price changes in the financial markets. Binary options have simplified the way that people are able to trade and have made it easer for home traders to enter the financial markets. The beauty of binary options comes with their simplicity. Traditionally when a trader wants to profit from the price fluctuations of a financial product, they will need to make four key decisions before entering a trade:
a. Whether they think the price will go UP or DOWN
b. The price they want to enter at
c. The price they will exit if they are in profit
d. The price they will exit if they are at a loss
Trading financial products this way can be profitable and there are some traders who are very successful at this. But this type of trading is not for everyone and this is why binary options were developed. When trading with binary options we only need to decide whether the price will go UP or DOWN.
What is Forex?
Binary options can be used with many different financial assets but the system discussed in this guide is designed to be used on Foreign exchange (Forex).
Forex is the term used to describe when one currency is exchanged for another. For example when we go on holiday we will need to exchange our local currency for the currency used in the country we are visiting.
The ‘exchange rate’ determines how much of one currency we get when exchanging it for another.
Example 3 – Exchange rates
If we exchange 100 Euros for US dollars and the exchange rate is €1: $1.42, we will receive $142 USD (1.42 x 100).
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The exchange rate is often referred to as the ‘price’ of the currency pair being exchanged and in the above example the price of the Euro : US Dollar currency pair is 1.42. This price changes with time depending on the supply and demand of the currencies in the pair. It is this price (exchange rate) that we will be betting on using binary options.
The price of a currency pair is usually expressed to 4 or 5 decimal places2. For example, at the time of writing the exchange rate of the Euro and the US dollar was 1.39265, a typically currency will change by around 0.01000.0200 per day.
When discussing currency pairs the name is usually shortened to a six character reference and this is what we shall be doing for the remainder of this guide.
The following list has the names of the major currency pairs:
EURUSD: Euro – US Dollar
GBPUSD: British Pound – US Dollar
AUDUSD: Australian Dollar – US Dollar
USDCAD: US Dollar – Canadian Dollar
USDCHF: US Dollar – Swiss Franc
USDJPY: US Dollar – Japanese Yen
Why we trade Forex with binary options?
The price of currency pairs changes every moment of every day and this price movement presents an opportunity for traders. If we can successfully predict whether the price will rise or fall, we can then use binary options to profit from this price movement.
However, the price movement and predictability of different currency pair varies. The 01 Binary System you have purchased has been developed to follow the movement of five of the most widely traded currency pairs EURUSD, GBPUSD, USDCAD, AUDUSD and EURJPY. We have chosen these currency pairs because the price changes of these pairs can be large and we believe is the most predictable. These currency pairs can also be traded with almost all binary options brokers.
How we trade using binary options
We will now move on to the more practical aspects of trading Forex using binary options. Before we can trade binary options we need to open an account with a binary options broker. There are many different brokers to choose from and it is essential that we chose the right one to trade with. Some of the most important things that we need to consider when choosing a broker are:
1. The payout percentage
2. Ease of use of website
3. Deposit / withdrawal charges
4. Range of markets
5. Deposit bonuses
6. Telephone / email support
When trading with binary options the higher the payout percentage, the more money we could win if we correctly predict the price movement. So it is extremely important that we choose a broker that offers a high payout percentage. We regularly assess and reassess all the brokers that offer binary options trading to ensure that we are using the best broker IQ option. The email you received from us provides links to the brokers we are currently using, and we suggest you IQ Option take a look at these brokers before entering any trades.
Toady i will share you “Best Binary Indicator In Accuracy & Non Repaint Segment”
Characteristics of Indicator
1. Platform – Metatrader 4.
2. Asset – Major Currency Pair.
3. Candle Timeframe – 1 Min.
4. Expiry Time – 5 min.
5. Trading Time – European And New York Session.
6. Don’t trade on Medium Impact and High Impact News Release Time.
– For More Information About This Indicator Please Watch My Video On You Tube.
Binary Options Indicators: Which ones to use?
A website called best meta trader indicators has published the results of a public poll. This poll’s question was: „What’s your favorite forex indicator?“ and it’s had more than a few thousand replies! That is quite a big number!
The results are pretty interesting and surprising (for me at least) and we will talk about it in today’s article. So get ready and let’s get straight into it.
Forex OR Binary Options indicators?
This website is mainly about binary options and their strategies, and this article and poll are about forex – that’s true. Both are two different things, however they follow the same principles.
Is the price going to go UP or DOWN?
That’s why we can use the same indicators in forex and binary options.
Download these binary options indicators for MT4
Most of these indicators are already installed in MT4 by default. But just to make sure, I have uploaded them for you. You can download them from the link below.
The most favorite binary options indicators.rar ►Download
The most favorite binary options indicator
According to the result’s of the poll, the most favorite binary options indicator is, with 5385 votes, the MACD (Moving Average Convergence Divergence.) This comes as a little surprise, as my personal guess was the the most favorite would be Moving Average or Bollinger Bands.
The full results can be found below. First comes the indicator’s name, the number in the brackets is the amount of votes received in the poll:
- MACD (5,385)
- RSI (4,310)
- Bollinger Bands (4,126)
- Moving Average (3,967)
- Stochastic Oscillator (3,523)
- Fibonacci Retracements (3,348)
- Other (2,574)
- Supertrend (2,487)
- Ichimoku Kinko Hyo (2,484)
- CCI (1,988)
- Parabolic SAR (1,393)
- Trix (1,065)
- Donchian Channel (969)
- Williams %R (920)
- Keltner Channel (895)
- Momentum (772)
- On-balance volume (568)
- Envelopes (500)
Strategies with these indicators
Many strategies published on this website are using one or more of these favorite indicators. You can find a few of them below.
Binary Options Fibonacci Strategy
The fibonacci retracement tool is probably the least understood, especially among the new traders. They hardly realize about the importance of having this tool by their side in order to take their trading to the next level. Retracements are one of the most prominent elements of any uptrend; therefore developing a trading strategy around this phenomenon
Binary Options ‘3’ Strategy That Works + Video
While we go haywire finding a reliable trading system, we tend to miss out on the obvious. Three indicators strategy ensures high potential profits as it produces exact entry signals confirmed by 3 indicators. Moreover, it can be used with all sorts of currency pairs. This strategy that works is based on three of the most popular indicators – RSI, MA, Stochastic
BBand Stop binary option strategy
BBand Stop Strategy is a 5 minute binary option trade strategy which uses BBand Stop alert indicator in MT4 to define ideal position to enter the trade. This indicator is used along with the Bollinger Bands. How to setup the chart Timeframe: M5 Template: BBand Stop Strategy (Download here: eDisk or UlozTo.Net) How does this strategy work Arrows (pointing up and down) will be displayed over/under
Golden Eye – Trading strategy with 80 % success rate
Golden Eye is a strategy based on the ADX indicator (what is an ADX indicator?) which is used for confirming rebounds. This strategy works well with with M15 timeframe and the trades which are opened for 60 minutes (in direction of longterm trend) or for 30 minutes (against the trend).
I have had a pretty nice profit with this strategy.
I hope I have helped you, good luck with trading!
Indicators of binary options trading without redrawing
We all want to find the perfect indicators for binary options without redrawing to minimize losing trades. It is desirable that these indicators fit into one or more currency pairs, and could be used for any tool. We are talking about dial indicators and colored dots indicating sales or purchases.
There are different types of indicators: trend, flat, counter-trend, scalping, arrow. There are those that are redrawn, and those that are not. In this tutorial, we will look at each type of indicator for binary options, determine which one is better and which is not. Also consider the features of the indicators for BO without redrawing.
Redrawing of the indicator – is when the story shows one, and in real time is quite another. Indicators, which draw values in the course schedule, and then in a few candles change their appearance, adapting to the price value is common in the Forex market.
To better understand how does the redrawing looks, we will show an example in the screenshot below:
Figure 1. Example of redrawing in binary options
That is, redrawing indicators draw the past movement of the candles. In fact, such indicators can be considered useless as the trade on their incorrect signals will lead to a drain of the deposit.
How to determine whether the redrawing exists on the indicator for binary options
Here we come up against the fundamental question of defining indicators for binary options that redraw the values on the chart. After all, before using a particular indicator for binary options, you need to make sure that redrawing will be absent in it.
To determine the redraw of the indicator is quite simple. There are several ways to do it:
- choose any timeframe observed for the Japanese candles. Usually divergent candle indicator can be seen after 25 candles;
- search of redrawing is part of the testing strategy: you can monitor transactions only for sale, only on the purchase or on both purchase and sale;
- if it is a commercial unique indicator, so before buying you can ask its vendor to provide a free version to get rid of it through the strategy tester. And it will show whether it redraws signals or not.
The principle of operation and features of indicators without redraw
The principle of operation of the indicator without redraw is clear – drawing on the chart of arrows or other elements (for example, colored pixels), which indicates that you need to open PUT option or CALL. The main thing here is that the chosen indicator by the trader worked without redrawing.
Figure 2. Indication without redrawing by dots and arrows
It often happens that the indicator without redraw can show the colored dot of some of the size. These signals indicate that the price of the asset more likely to continue its movement in the direction mentioned by the indicator without redraw. Such signals allow the next candle buy CALL option or PUT depending on signal.
The basic principle on which the indicators without redrawing work, is a signals formation (arrows) at a time as soon as the price repulsed from the high/low or will form some pattern. It all depends primarily on the algorithms of his work.
Almost all arrow indicators established such a rule, that the signal is a red arrow down means sell (PUT), and the blue up arrow is a buy (CALL). As soon as such a signal appears, the delay is like death. We must act quickly. At the opening of the next candle you need to be ready to go in the direction mentioned by arrow.
Difficulties and problems
Profits on the binary options market, depends on how precise the choice of the direction of price movement is. There are two main difficulties.
Difficulty No. 1. The indicator redraws its signals
When testing the indicator on the history that draws signals at first it seems that it just perfectly predicts the price movement of any asset. But while trading in real time all the pitfalls coming up. And everything is not as rosy as it seemed at first glance. That is, the disappearance of arrows or colored dots. This indicates that the indicator redraws. The problem may lie in the algorithms of its work.
Figure 3. The indicator redraws its signals
Change of location of the indicator upon receipt of new values of quotations. Frustrating when a trader opens a transaction on the signal of the indicator, but after a certain period of time the signal disappeared, then it becomes obvious that trading strategy with its participation is doomed to failure.
If the indicator for binary options trading without redrawing really “doesn’t draw“ the signals, it means that its arrows in no case should change its position or direction.
Difficulty No. 2. A high degree of reliability of the signal
In the Forex market and binary options there are many kinds of arrow indicators. But not all of them are suitable for the options market. If we talk about Forex trading – even the indicator with redrawing may work, because you can always wait for the right trader price reversal to close in a profit position. But for binary options you need greater precision, and any errors, especially drawing, is absolutely unacceptable.
The dial indicator should give a very accurate signal, especially in relation to the next 2-3 candles.
Ways to avoid problems or 7 signs of a reliable indicator for binary options
Really reliable, and therefore profitable indicators should:
- to deliver signals without redrawing;
- work with any asset and any timeframe;
- to operate on all types of accounts (real, demonstrative, ECN);
- not to miss the best entry points;
- provide anticipating price signals so the trader has time to make a deal;
- open code, so it is possible to make adjustments under certain conditions;
- confuse the trader during a flat with large number of false signals.
Arrow indicators for BO without redrawing have such positive things:
- determination of the moments, when the next few candles will close in profit without any amendments;
- the minimum expenditure of energy aimed at technical chart analysis with the purpose of finding favorable points for transactions;
- minimization of the number of errors that occur when using conventional indicators, which are constantly recalculate their values.
Figure 4. Indicator Scalper MA without redrawing
Types of indicators for binary options without redrawing
Figure 5. The indicator without redrawing
On the binary options market there are 5 main types of indicators without redrawing:
Consider an example of each indicator separately.
Here is an example of scalping indicator for binary options:
Figure 6. Scalping indicator for binary options Binary Option Arrows
Green vertical stripes denote profitable trades, red – unprofitable. Often, scalping indicators for BO involve trading on small time frames M1-M5. The expiry time one or two candles.
These types include such indicators as: EMA, Catx, SMA and ADX. They best define the trend, but also show that might involve a possible bounce from moving average.
Usually trading on binary options by trending indicators suggest a longer expiry, up to the candle. The time interval can be anything. The most important thing. In this time, there was a bearish or bullish trend.
Figure 7. Trending indicator Catx
This type of indicator involves catching pullbacks (bounces from levels). A good indicator for BO which will not redraw the values is considered as the Bollinger bands. Signal for the opening of the option will serve as the price reaches one of its lanes and return to the moving average. You can work on the rebound from these bands. The expiration time is up to 8-10 candles, any timeframe.
Figure 8. The counter-trend indicator Bollinger bands
Good results on flat movements show the indicators-oscillators. They oversold and overbought zones allow to accurately enter the market.
For example – Stochastics. Its signals are perfectly show that the price is overbought or oversold, then there is a high probability of reversal. The level of purchase – area (0-20), sales area – area (80-100). The time interval of trading: any, the expiry time: few candles.
Figure 9. The Stochastic Indicator
In most trading platforms this type of indicators are somehow unavailable. But arrow indicators for binary options without redrawing can always be downloaded free on the Internet. It often happens that the indicator shows good signals, which later turn to traders with profit.
Figure 10. Arrow indicator Scalper MA
Best binary options indicators without redrawing
Best indicators without redraw for the binary options market, of course, considered to be arrow.
This indicator for binary options is one of the most accurate. It is based on unique algorithms that exclude various market noise. Testing has shown that a powerful Profit Sunrise indicator for the year showed a 91% of profitable trades.
Figure 11. Indicator Profit Sunrise
Profitable the “QQENew” indicator without redrawing just created for binary options trading. Its algorithm is based on the smoothing values of RSI. In the histogram below you can see the intersection of the red and green lines between them. At thi time the signal is given.
Figure 12. Indicator QQENew
When the signal lines intersect the indicator “QQENew” will sound an alert. Trade on this indicator will be more profitable if you use additional filters of a trend.
RSI – RSX
High-yield trading system for binary options RSI – RSX showed that among the 14 transactions 13 –in-the-money, 1 – loss. In the base of a system the zones of the RSI indicator (0-30) and (70-100) are used. For example, the price dropped into the zone 0-30, then we need to wait till it gets out of this zone. The expiry time of 5 minutes, if the timeframe is M5. Sell trades should be considered, when price entered the zone (70-100) then there is a reduction. We open the option of PUT.
Figure 13. Indicators RSI — RSX
Indicators for binary options – tips
It is better to use arrow indicators for binary options without redrawing. Although there are many profitable indicators which do not draw signals. Open a demo account with one of the most reliable Forex brokers.
Installed Metatrader4 terminal allows you to test profitable strategies for binary options. Always consider the direction of the global trend. Do not risk more than 10% of your deposit per trade. Do not deviate from the trading strategy, which for several months have been tested on a demo account, and you will profit!
7 Binary Options
Binary Options Trading Requires Very Little Experience
The common misconception is that binary options trading and forex trading can only be done by one that has a certain amount of experience in the area. There is no requirement to have any previous experience in financial trading and with a little time, any skill level can grasp the concept of binary options trading.
The basic requirement is to predict the direction in which the price of an asset will take. The price will either increase (call) or fall (put). Successful binary options traders often gain great success utilizing simple methods and strategies as well as using reliable brokers such as IQ Option or 24Option.
From this page you will find all the relevant strategies for binary options trading.
Get started with 3 easy steps:
Choose a broker from the list below
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