PZ Binary Options
- Indicators
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Version:
ii.0 -
Updated:
11 August 2019
This indicator analyzes price action patterns and helps yous to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
- Piece of cake to trade
- Trade both call and put options
- No crystal ball and no predictions
- The indicator is not-repainting
The only strategy suitable for binary options is applying a mathematical approach, like professional person gamblers practise. It is based on the post-obit principles:
- Every binary option represents a 50/50 random event
- Predicting if the next bar will close up or downward is impossible
- The just way to make coin is paying the right price for all wagers
- The long-run mathematical expectation is all that matters
To apply this indicator you need a true binary option provider. Most so-called binary options brokers do not offer binary options at all, but offering a gambling setup based on expirations in time. Simply a truthful binary option is like whatever other option, it has a strike cost and a expiration postage, and can exist bought and sold until expiration. A true binary option provider shows the price of the option as market participants exchange information technology during the session.
A true binary choice has a price between 0 and 100, and it fluctuates. If the option expires in the money, and so the closing price of the selection is 100. If it expires out of the money, the closing price is nada. The cost 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 choice and the price at which information technology expires. For instance, if y’all purchase an option for 50 and it closes in the money, at 100, yous make 50. If you purchase 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-correct corner of the chart at bar closing.
- At what cost you should purchase a call option
- At what price you should purchase a put option
- Can the trade still exist placed?
The indicator does not predict the direction of the next bar. What information technology does is analyzing price activeness and calculating how much is reasonable to pay for both options. Given the opportunity, yous should merchandise both directions, and both would be a positive equity conclusion in the long run. You lot should never trade “out of time”.
This indicator will not provide you with trades oftentimes, 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 imitation breakouts are directional factors to take in count, and are portrayed on the nautical chart by a trailing “+” to the candlestick data.
The Truth About Binary Options
Binary Options take become very popular and attract a lot of novice traders, who find it easier to trade binary options than doing actual trading considering position management is out of the equation. About of them feel they take an edge because they can read technical charts, but ignore that short-time price movements are completely random and have nix to do with technical analysis.
Binary Options accept 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 menstruation of time are e’er a l% run a risk, 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 Catamenia for the oscillator
- Slow MA: Dull MA Period for the oscillator
- Max History Bars: Amount of bars to evaluate when merely loaded
- Drawing: Drawing, color and sizes options
Support
I am happy to provide costless products just given my limited time, they come without support of any kind. My apologies.
Writer
Arturo López Pérez, individual investor and speculator, software engineer and founder of Point Naught Trading Solutions.
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Source: https://www.mql5.com/en/market/product/2505
