Binary options arrow indicator strategy. Solomon – pointer indicator without redrawing. Reliable, arrow indicators for options trading without redrawing

Of all the tools that traders use in binary options trading, the most popular are pointer indicators. They provide information with high accuracy, informing about the time of entry into a transaction. As a result, traders do not need to waste time on additional market analysis.

It is important to understand that arrows do not always show the correct signals. The final decision and risk must be taken by the trader.

How to work with arrow indicators for binary options?

Such indicators are presented on the chart in the form of arrows:

1. Red arrows pointing downwards signal the possibility of opening a transaction to buy a Put option.

2. Green or blue arrows pointing up indicate the possibility of opening a deal to buy a Call option.

It is worth noting that some trading systems use circles instead of arrows. But in this case red and green colors report the purchase of Put and Call, respectively.

It is recommended to enter a trade at the moment when the candle within which the this signal. Regardless of the type of indicator and trading system, the information provided by this tool is interpreted in the same way.

Common arrow indicators for binary options

Today, traders can take advantage of many options for arrow indicators. Some tools are free, while others require a fee. Below we will discuss several of the most accurate dial indicators that you can download for free.

BrainTrend2Sig indicator

BrainTrend2Sig incorporates the capabilities that ATR also has. These indicators are not displayed on the chart. Trading systems only display the results of both instruments in the form of red and blue dots. BrainTrend2Sig can be used in various software products.

This arrow indicator, unlike other similar tools, gives accurate forecasts over both short and long time periods. Experts suggest that such performance of BrainTrend2Sig is explained by one of its features: the indicator signals the need to open a trade at the moment of a trend reversal. Trading system data is interpreted according to standard scheme: the red circle indicates that you need to buy a Putt option, the blue one - Call.

KillBinarySignals-2 indicator

KillBinarySignals-2 is considered a very effective arrow indicator. The tool demonstrates good results when trading with various financial assets on both short and long time frames. Initially, the algorithm on which the indicator works was created for MT4. Compared to the classic version of this instrument, KillBinarySignals-2 takes into account a larger number of parameters when generating signals. For example, this indicator allows you to display support and resistance levels on the chart without the effect of redrawing.

1. If a blue arrow appears under the price chart, you should open a deal to buy a Call.

2. If a red arrow appears above the price chart, you need to open a Put purchase position.

During the period when the price chart enters a corridor and the value of assets remains virtually unchanged for some time, KillBinarySignals-2 gives a lot of false signals. Therefore, in such conditions, it is recommended to check the direction of the trend using trend indicators.

QQE arrows MTF indicator

Working with QQE arrows MTF is most attractive when the tool is used in conjunction with Renko charts. However, this indicator remains effective in other conditions. QQE arrows MTF is based on ATR and . The indicator displays messages on the chart in the form of traditional red and blue arrows. Simultaneously with the appearance of the icons, the system beeps.

The interpretation of QQE arrows MTF signals is carried out according to a similar scheme as in the case of other arrow indicators. This tool is most effective when working with currency pairs. It can be used on any time frame, including the minute timeframe.

SixtySecondTrends indicator

SixtySecondTrends was created specifically for trumpet options trading. Moreover, this indicator is considered the most the optimal tool for working with the EUR/USD currency pair. However, it also shows good results in trading with other assets. The indicator is based on MA and . A signal to open a trade occurs when the probability of a change in trend direction exceeds 60%.

Trading system displays SixtySecondTrends messages in the form of green and red circles, which indicate the need to purchase Call and Put options, respectively. It can be included as part of a specific strategy or used as an independent tool. At the same time, if the first trading option is used, it is recommended to use SixtySecondTrends signals, provided that other indicators give similar messages.

Advantages and disadvantages of arrow indicators in binary options trading

Despite high efficiency and universalism characteristic of dial indicators, this tool is not without its drawbacks.

First of all, they demonstrate relatively low performance. Each dial indicator works according to its own algorithm, and therefore they operate with different efficiency. In addition, paid tools do not always provide accurate signals. Thus, some developers claim that their dial indicators are effective in 90% of cases. However, in reality, the accuracy of the indicators demonstrated by these tools does not exceed 60-70%. Therefore, it is recommended to check signals from dial indicators using other programs or additional indicators.

In addition to the above, such tools are not without the effect of redrawing. This phenomenon is characterized by the disappearance of the arrow from the graph or a change in its direction. Moreover this problem affects not only the last signal, but also all previous ones. Redrawing makes it more difficult for traders to work with charts. And, as a result, trading performance decreases.

The above disadvantages are typical for most instruments that traders use. This circumstance must always be taken into account. To increase trading efficiency, you should choose arrow indicators without redrawing and integrate them into different strategies. However, you should not expect that the chosen approach will constantly bring profit. It is important to constantly analyze the market and make decisions that correspond to current realities, and not blindly follow indicator signals.

One of the advantages of these tools is that you can work with them without even knowing the basics of trading on the stock exchange. Arrow indicators are equally effective on any time frame. The exception to this rule are instruments designed specifically for options trading within 60 seconds.

Good arrow indicators can be used when working with any asset. This tool remains effective in combination with most products technical analysis.

Bottom line

Dial indicators show accurate results if:

• do not allow redrawing;
• do not depend on a trading account or broker;
• provide the opportunity to make changes to parameters in accordance with the current market situation;
• give timely signals to required quantity and with a low defect rate.

Before you start trading with a specific arrow indicator, it is recommended to test it on different time frames. It should also be remembered that the accuracy of the results decreases during the period when the value of the asset remains virtually unchanged, the release of economic news and the appearance of information about disasters or other force majeure situations.

Increasingly, you come across indicators online that are redrawn on history. They are created exclusively for commercial purposes, so in practice they simply cannot generate any profit. To solve this problem, in this article we will look at options that actually work, which can be downloaded at the end of this article. With the help of accurate algorithms, you will start earning money, and losses caused by “miracle systems” will remain a thing of the past.

Types of indicators without redrawing

On the Internet there are various indicators that do not change their readings after the formation of a trading signal. But all of them can be divided into 5 types:

1. Trending;
2. Counter-trend;
3. Flat;
4. Scalpers.

Trending

These indicators include moving averages SMA or EMA, parabolic and ADX. These are the main programs for determining the trend. In fact, the entry signal for any moving average will be its breakdown or rebound from it. Based on the breakout of SMA 60 or EMA 100 both on the tick chart and on charts with standard time frames, you can conclude an entry in the direction of the breakout or in the direction of the rebound.

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Counter-trend

The classic tool for catching pullbacks is Bollinger Bands. Puncture and price return from extreme boundaries price channel, gives a signal to move against the main impulse. Working with this system can bring significant success, but you need to practice properly.

Flat

To work in narrow trading ranges or flats, oscillators are used that show overbought and oversold zones. For easier understanding, it is enough to say that when the indicator readings decrease down, you need to buy and vice versa, if the indicator has grown very high, you need to sell.

For stochastic, the sell level is 80-100, and the buy level is 0-20. Upon exiting this zone, a transaction lasting 1 minute or 15 minutes is made if the work is carried out on the M15 time interval.

Moving averages, Bollinger bands, MACD, stochastic and other simple indicators are so popular that not only popular brokers, but also beginners add them to their platform. You can learn more about the indicators from popular brokers Binomo, IQ Option and Olymp Trade by clicking on the link in the title.

For many, this type of indicator is the best option, but they are not available by default on most platforms. However, you always have the opportunity to download one from the Internet or directly below this article. The essence of the arrow indicator is that it shows the trading signal for entry very accurately and for binary options trading professionals, such algorithms are simply irreplaceable.

We will not describe scalping indicators, since they are less reliable and not so popular.

Indicators for trading binary options without redrawing

Arrow Grail QQE-New

An interesting arrow indicator based on an oscillator and moving averages. The system is easy to use, gives a lot of signals and is suitable even for a novice trader. The downside of this program is that due to its complexity, you can only work with it through MT4.

Buy: if appears on the chart green arrow up, you need to enter into a buy option.

Sell: if a red down arrow appears on the chart, we enter into a sell option.

The system allows you to use Martingale, since the percentage of successful transactions is very high.

Important! The indicator is designed to work on 5-minute charts for the GBPUSD currency pair. When an arrow appears, you will hear a sound signal - an alert that does not allow you to miss a trading opportunity. The average percentage of successful transactions reaches 80-85%.

Exact Lemansignal algorithm

A very accurate indicator for turbo options. Use while working on OTC is prohibited as it is not available on online platforms binary options. The system is built on a fairly simple algorithm that works on different time periods, from M1 to M15. Signals on minute charts are the most frequent and therefore preferable for binary traders.

Buy: a green circle appears on the chart below the price. The trader has about a minute to make a decision, but it is worth it.

Sell: a red circle appears on the chart above the current price.

The number of transactions when using standard settings reaches 50 per day, profitable on average up to 35-37. This allows you to earn both from a statistical advantage and from using a system of doubling your investment in case of failure.

Improved RSI – RSX

An advanced indicator with high profitability. The system is a more accurate version of the RSI indicator, which can also be used to trade well. Trading zones 0-30 and 70-100 are used here. If the price has dropped to the 0-30 zone, then upon exiting it, the asset must be bought for 5 minutes. If the price has reached the level of 70-100, you need to wait for the decline and enter the sale.

On the chart, blue lines show purchases, red lines show sales, 13 profitable trades out of 14.

Results

Usage accurate indicators without redrawing, it allows you to earn money both in OTC mode (weekend trading) and during exchange hours. The proposed options can be safely used both as a guide when opening a transaction, that is, just to see if it matches your calculations, and as a trading signal. However, in order to use them, you must first install the Metatrader4 terminal, into which you will download these indicators and receive the same signals.

To better understand these indicators, start trading with a demo account. Because, despite the accuracy of the signals, you also need to be able to correctly identify them. To do this, you need to practice and observe how indicators behave in the market.

Do not forget about the rules of capital recovery - do not risk more than 5% of your deposit, because if you receive a loss of 10%, you will need to earn 11% to recoup the losses. On binary trading Rarely do you experience 2-3 losses if you trade solely on trading signals.

Also limit the number of losses each trading day. The potential loss limit can be 10-20% of the deposit. Every week you need to withdraw profit in the amount of 50-70% of your earnings.

Among the popular technical analysis tools are arrow indicators for binary options without redrawing. They act as semi-automated advisors that determine exact time entering the market. The trader gets rid of the need to conduct a lengthy analysis of the market situation.

The convenience of such algorithms is confirmed by the fact that they do not overload the graphs by constructing additional objects. Pointers on charts that have their own direction and color mean that the price trend is quite stable, so you can open a deal from the next candle.

The main role when using the program is played by pointers (or arrows on graphs). How to trade with them? You need to learn how to correctly interpret the marks on the graph. They can be red in color with a downward direction - this is the moment of a downward trade (Put). If the arrow is pointing up and its color is green or blue, a Call contract is concluded.

Circles can be used, the color of which determines the corresponding type of transaction. The basic rule that any accurate arrow strategy for binary options is subject to is that the contract is opened with new spark plug, and the current one must be closed.

A special feature of binaries is the lack of time reserve to wait for a price reversal. The duration of the transaction is limited. Therefore, those tools are used that do not involve redrawing. They should also provide accurate predictions for the next 1-2 candles. The best binary options switcher must meet the following requirements:

• Do not contain redrawing. For example, the program produced exact moment to conclude a deal, but after the purchase the quotes change direction, and the investor loses money. Therefore, it is important that the program does not redraw outdated data.
• Work regardless trading platform or account type.
• Suitable for trading any assets and any time frame. The larger the timeframe, the more accurate the forecast.
• Providing data ahead of time for timely entry into the market.
• Don't miss out on great deals.
• The possibility of error should be minimized, for example, during a flat or unstable market behavior.

But before you use even an accurate arrow oscillator for binary options, it needs to be tested on different types assets by choosing various modes and types of accounts.

KillBinarySignals-2

This is quite effective when working with various assets on any time frames. A development for the MT4 terminal that expands the capabilities of classic strategies by setting resistance/support levels. The main advantages include the absence of redrawing and high accuracy forecasts.

Initially, the advisor was developed for Forex trading, but it proved to be excellent in binaries and thus gained trust. This is the second, improved modification, in which redrawing is completely eliminated. The interpretation is standard: when a blue arrow points upward, a Call is bought, and when a red arrow appears, a Put is bought. However, during a flat, the probability of false signals increases. Therefore, it is advisable to use an additional trend chart.

Despite the high performance, experienced traders do not recommend independent use this tool. They prefer to receive profitable forecasts in combination with other filters or as part of ready-made trading strategies.

Types of dial indicators

When trading binaries great importance has a speed of decision-making, so analysis tools must be accurate, simple and understandable. No installation required to use arrow oscillators special programs, they do not contain extra elements, loading graphics and are understandable even for beginners.

BrainTrend2Sig can be installed on MT4 and MT5. It is based on two classic algorithms – Stochastic and ATR. But they are not reflected on the chart; the trader sees only the final results of the analysis - blue or red dots.

The advantage of the program is the effectiveness of forecasts on various time frames. The moments of a trend reversal are clearly defined, the purchase of a Call is the next candle after the blue dot appears, and, conversely, a downward contract is concluded when the red dots appear.

QQE arrows MTF is recommended for traders working with Renko charts. The standard RSI and ATR indicators form the basis of its work. Arrows of blue color those directed upwards give a recommendation to buy Call, and red ones - Put. The program shows particular accuracy on currency pairs. The timeframe can be any, including minute contracts.

SixtySecondTrends is specially adapted for trading turbo options. A signal is generated when the probability of a trend reversal exceeds 60%. Instead of arrows, the program displays dots: red for buying Put and green for Call options. Included ready-made strategies It is recommended to enter into transactions when the forecasts of the selected oscillator are confirmed by other instruments.

The Arrow system for binary options is based on RSI. The development is suitable exclusively for the MT4 terminal. Entry signals are generated when lines cross. The system is quite simple and provides many entry points, however, their effectiveness does not exceed 50%. The tactics are universal and allow you to trade any assets. After installing the system on the terminal, the results look like this:

Main disadvantages and advantages

Even the most accurate arrow indicators for binary options have their drawbacks. This usually results in low performance. Any algorithm has an accuracy not exceeding 70%. Advertising of paid tools with 90% accuracy of predictions is not confirmed in practice. Therefore, it is advisable to supplement them with other programs.

One more significant drawback is the redraw effect. The arrow may completely disappear from the chart after the deal is concluded. The directions of all previous signals may also change. Redrawing complicates the work of traders and reduces the effectiveness of using assistant programs. A proven strategy can be a way out of the situation.

Despite the obvious disadvantages, the trend arrow indicator for binary options has the following advantages:

• Beginners can easily and simply master signal interpretation. Visibility allows you to start trading without having a deep knowledge of the basics of fundamental and technical analysis.
• The algorithm works on absolutely any timeframes familiar to a trader. There are a number of narrowly focused tools for short-term transactions, lasting up to 60 seconds, but, as a rule, they can also be used to receive signals for longer contracts.
• Stable forecasts for any type of assets - raw materials, currency pairs.
• Compatible with other technical analysis tools.

Final grades

Trading level (difficulty) – 5.0/10.0

For beginners, it will not be difficult to understand the principle of signal interpretation.

Reliability and efficiency – 5.5/10.0

Components and settings - 5.0/10.0

Each type of indicator is characterized by a special form of signal delivery. Most often these are arrows: red and green. The accuracy of forecasts is no more than 70%, but most often 50%.

Support on WEB platforms - 5.5/10.0

Most brokers use arrow instruments to execute trades.

Features of application - 6.0/10.0

Buy Call when green (blue) arrows appear, and Put when red marks appear. How independent instrument Experienced traders do not recommend using it. Only in combination with trending techniques or as part of ready-made strategies does the effectiveness increase.

This type of tool is good because it does not clutter the chart with an abundance of additional plots. Regardless of the complexity of the algorithm on the chart, the trader will only see arrows indicating the expected direction of the chart movement in the future. Today we will study best indicators for binary options without redrawing, i.e. those who do not change their testimony after the fact.

Sixty Second Trades

This tool is interesting because it is designed only for binary options; it is not used in Forex. Works only with turbo options, i.e. The expiration period should be up to 5 minutes.

Based on standard signalsADX, not only the position of the main line is used, but also the intersection of +DI and –DI. Signals are issued in the form of colored dots:

• Call option – a green dot will appear below the chart;
• Put option – the red dot will be located above the chart.

As for performance, the indicator works well both during a directional movement and when the price moves in a horizontal corridor. The main thing is that the width of the horizontal channel is sufficient.

Note that the result is valid only when all transactions are taken into account. Signals appear frequently, sometimes a whole series appears when the signals are issued once a minute. So working with this algorithm will be intense.

An unsatisfactory ratio of profitable/losing trades is observed when moving in a narrow range. The option expiration time should be up to 5 minutes.

Candlestick Pattern Indicator

This indicator for binary options without redrawing will be useful for those who like to trade candlestick patterns. It is freely available and on the chart, in addition to the arrow with the entry direction, it also indicates the name of the pattern.

Settings:

• ShowStrongReversalPattern – when activated, strong reversal formations will be displayed on the chart;
• ShowWeakReversalPattern – the same, but weak patterns will also be displayed;
• ShowContinuationPattern – trend continuation patterns will be displayed on the chart;
• ShowUnclassified – enables display of models without names;
• ViewBars – the number of bars in history on which CPI will indicate patterns;
• Sound/Email Alert – sound notification and sending a message by email.

The remaining 3 items in the settings are responsible for setting the color of the arrows and text.

The algorithm does not always work correctly; on some candles, arrows are displayed in both directions, and the names of the patterns do not always correspond. So it can be used as an addition to the vehicle to ensure you don’t miss a candle formation.

Switchman based on moving averages

Many indicators are based on standard MT4 tools. MA2 Signal is based on the intersection of 2 moving averages, the arrow is drawn in the direction in which the fast MA crosses the slow one.

Settings:

• ExtPeriodFast/SlowMA – sets the period of the fast and slow moving average, respectively;
• ExtModeFast/SlowMA – sets the type of moving average, 0 – simple “machine”, 1 – exponential, 2 – SMMA, 3 – linearly weighted;
• ExtPriceFast/SlowMA – sets the price at which moving averages are built, 0 – closing price, 1 – opening price, 2 – based on the High price, 3 – Low, 4 – the median price is used, 5 – (High + Low + Close)/ 3, 6 – HLCC/4.

In the settings, you can set different sound alerts for buy and sell signals.

In addition to the arrows, the chart also displays the moving averages themselves. By by and large, we have a simple trading strategy, we just need to work on selecting the parameters of both “machines”.

A if you select a background color for moving averages, only the arrows will be visible, this is useful if the strategy uses additional constructions and you need a clean chart.

Stochastic only

This tool also needs to be written into arrow indicators for binary options without redrawing. Can be used in other markets, in particular Forex. The authors recommend using it on the minute chart, but when working on other markets, you can experiment with other time intervals, but the settings will have to be selected from scratch.

The switchman gives signals based on the readings of 3 Stochastics:

• slow – period 700, oversold/overbought levels are 10 and 90;
• regular – period 120, levels are the same;
• fast – period 30, levels 5/95.

In the settings you can change the settings of all three Stochastics. There are no alerts, so you will have to monitor the market condition yourself. Apart from the period, all 3 oscillators use standard parameters.

The indicator is interesting, but it would be desirable to improve it. The fact is that it issues a signal as soon as the lines of all 3 oscillators enter the oversold/overbought zone, and not when they go beyond the 5/95 levels.

You can try working using a martingale - that is, increase the bet size on each subsequent candle. But the load on the deposit will be too great; there are often cases when there will be 6-7 unprofitable trades in a row. You can try to buy options not on the first arrow, but on 4-6 in a row, and choose an expiration date of at least 5 candles.

Eventually during a strong movement, 6-7 or even more arrows appear in a row on the chart– Stochastic lines can remain within the oversold/overbought zones for a long time.

When selecting and using switchmen:

• choose only those tools whose operating principle is known to you;
• do not rely on the signals of the indicator alone, use it as confirmation;
• Before you start working with real money, experiment on a demo account.

Please note that it is not possible to install your own indicator in the BO broker terminal, so you will have to work with MT4. Having received the signal, the trader switches to the broker's terminal and concludes a deal. So if you are working on a small time frame, this may be inconvenient.

Conclusion

All of the listed indicators for binary options without redrawing can be downloaded for free. But none of them is a complete trading strategy.

Treat them more like useful addition your vehicle. If the switch signal is confirmed, for example, by a candlestick pattern, divergence, rebound/breakout of a support or resistance level, it can be used. But if, apart from the arrow on the chart, you see no reason to enter, then it is better to ignore the signal.