Investoo Binary Options Indicator
This type of indicator is proven with 83% win-rate and operates on the MT4 trading platform. The indicator can be applied on the 5m, 15m, 30m, 1hr, end of day and end of week expiry times.
It also works across all major currency pairs including EUR/USD, GBP/USD, USD/JPY and USD/CHF among others.
Traders can also bet on never missing and indication to buy a call or put position given the manner in which the indicator relays the signals. There is a pop-up screen and sound alert to ensure that the signal coming through gets the attention of the trader.
The binary options indicator by Investoo is developed by combining several trading indicators to identify key overbought and oversold situations.
The indicator identifies compelling investing opportunities upon which an up arrow (Call Opportunity) or a down arrow (Put Opportunity), a pop-up box, and a sound alert are used to notify the trader of the opportunity at hand.
Video of the Investoo BO Indicator:
MACD Binary Options Indicator
This is yet another useful binary options indicator, which is also available across several binary options signals providers including Investoo.
This indicator relies on two major aspects of trading, which include the identification of key reversal points and the momentum of the price movement on the new direction.
This indicator is ideal for scalping and can be applied on the 5m expiry periods off the 1 minute chart. The custom-made MACD indicator by Investoo has a win-rate of 83.5%.
Just like the Investoo binary options indicator, it is built in a manner that allows traders to capitalize on opportunities as they come, with a pop-up, up/down arrow and a sound alert for notifying traders. The indicator works well on the most liquid currency pairs, mainly the majors and can be applied on a majority of the short-term binary options expiry periods.
The MACD Indicator works by first identifying the potential reversal points, which can be determined by reading the two moving average lines. When they show an indication to change the direction, backed by low momentum, this signifies a potential reversal, thereby triggering a Call or Put trading opportunity depending on the initial direction of the trend.
The low momentum indicates a weakness in the prevailing trend; hence any sign of the two moving average lines changing direction would be an ideal opportunity to place a trade.
The Parabolic SAR (PSAR) Binary Options Indicator
This trading indicator is very popular with short-term traders and binary options being ideal instruments for short tern trading, this binary options indicator comes in handy in picking up trading opportunities.
The Parabolic SAR or simply PSAR predicts asset price movement by tracking the momentum of the trend to determine possible changes in direction. It is usually slower at the beginning of a new trend but picks up momentum as trading continues.
The Parabolic SAR is drawn by placing dots either beneath or above the price of the underlying asset to signify a bullish and a bearish trend respectively.
Normally, it works well with longer trends rather than very volatile movements, but binary options traders can still come up with longer trends by using short-term time frames to make predictions for short term expiry periods.
For instance, traders can use the 1 minute chart for trading opportunities in 5m or 15m binary option expiry periods, or the daily time frames for the end of week expiry periods, among others.
The PSAR is one of the most successful binary options indicators and the one customized by Investoo is a good example having a proven 3-month win-rate of 75%.
This indicator can be found on most trading platforms, and analysis tools including MT4.
Other Binary Options Indicators
Like noted earlier, there are several types of binary options indicators. The relative strength index (RSI), the stochastic oscillator (%K/Fast and %D/Slow) and the commodity channel index (CCI) are some that could also be utilized in binary options trading.
Others include Bollinger Bands, Elliot’s wave, the Ichimoku Cloud and Fibonacci Retracements &Extensions among others.
Notice that all these are applicable in determining possible turning points in the trend of the price of the underlying asset, but the challenge in some is the ability to utilize them in short term trading opportunities.
Conclusion
Binary options indicators are vital to implementing a winning binary options trading strategy and some service providers have taken advantage of the situation to offer bogus and possibly scam schemes to unsuspecting binary options traders.
Therefore, before falling prey of such predators, it is advisable that you follow the due process in vetting their credibility, which may include asking for proof of results and checking the possibility of scam reports via search engines.
Additionally, in the case of premium binary options indicators, traders can utilize any trial periods given to test the indicator before finally purchasing the premium package. Alternatively, traders can check for free binary options trading indicators, which are available across several broker review and education websites, such as Investoo, among others.
The bottom line is that to be successful in binary options trading, you will have to use some of these indicators at some point, whether directly or indirectly (relying on binary options trading signals providers). The PSAR and the MACD are some of the most common, but there are also other customized binary options indicators that are derived from a combination of various trading indicators.
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