Technical Indicators for MetaTrader 5

Crypto Binary Options

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Information

Indicators
MetaTrader 5
5
Anzhelika Stepanian
23 January 2021
1.0

Overview

SPECIFIC INDICATOR FOR TRADING BINARY OPTIONS ON CRYPTOCURRENCIES

NO REPAINT ARROWS.

Time work: 24h/24

TIME FRAME CHART: 5,10 AND 15 MINUTES GRAPH (IT IS ALSO POSSIBLE TO TRADE ON 1 OR 2 MINUTES CHARTS BUT THE OPERATION IS MUCH MORE RISKY)

BINARY OPTION: closing of the current candle or expiry equal to the timeframe selected on the chart (5 MINUTES GRAPH = 5 MINUTES EXPIRY BINARY OPTIONS).

 

the indicator is SPECIFICALLY designed for CRYPTOCURRENCIES binary options. at the bottom there is a list of brokers who offer this specific type of trading.

the algorithm is designed to work with all cryptovalutes, from the most volatile to the quietest, therefore this specific indicator is specially designed taking into account the characteristics of there specific asset, cryptocurrencies, which have a very different chart dynamics from fiat currencies, indices and commodities. cryptocurrencies have their own dynamics, are not related to indices, stocks or commodities, they're not sensitive on supports or resistances, do not have volatility that varies according to the trading time of the stock exchange. they are an asset that travels according to its dynamics and liquidity, in fact their movement is exclusively given by the supply and demand present on the market. the algorithm decrypts the data stream through the volume ticks, and generates their signals.

the indicator is based on the flow of volumes reaching the market. therefore, when the price has taken a direction, after having already bounced or recovered an excess of rise or fall, the placing on the market of a certain quantity of orders, which affects the letter rather than the money, will certainly create a price boost in the direction already taken, enough to close the current candle in the money.

the option expiry time frame is equal to the chart timeframe. therefore, 1 chart at 5 minutes, provides an option with expiry at the end of the closing of the already open candle or an expiration equal to the timeframe of the chart, or 5 minutes.

the indicator is only suitable for binary options, it is not suitable for cfd or bitcoin real trading, because it is not designed to take large price movements, but only a handful of pips to close the current candle in itm.

 

when a call or put arrow appears on the chart, accompanied by a sound signal that draws the trader's attention, it is necessary to open the trade immediately. the expiry of the binary option, as mentioned above, must be at the close of the current candle (for brokers who have a close at the end of the candle) or equal to the timeframe selected on the chart (with a 5-minute chart the expiry will be 5 minutes, with a 15 minute chart the deadline will be 15 minutes)

 

the best brokers on which to apply the strategy:

broker 1 (no limitation ESMA and America): https://bit.ly/35ovWHf

broker 2 (no limitation ESMA and America): https://bit.ly/2S0sjAV

broker 3 (no limitation ESMA and America): https://bit.ly/3f446mm

broker 4 (no limitation ESMA and America): https://bit.ly/3pT1rRn

broker 5: https://bit.ly/2M5AxWv

 

DISCLAIMER: remember that trading binary options is risky, it is recommended not to invest money that you are not willing to lose, past results are no guarantee of future results. the author of the software declines all responsibility for any loss of money or economic damage caused by the software to the end user. the purchaser of the product who decides to use the software with real money, does so under his own responsibility, and assumes full and exclusive responsibility for any loss or damage of any kind or nature, even if connected or deriving from the use of the software itself. it is also up to the final purchaser to verify whether the binary options are usable in his country of residence according to the laws in force, violations of national and international rules on trading are by the purchaser of the software are attributable only to himself, the owner and the software developer disclaims any responsibility in this regard immediately.


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