Free MT4 Indicators For Trading Binary Options – PART 1.
If you trade binary options using the industry standard Meta Trader 4 platform then this post is for you. Especially if you’re looking for an indicator that will help you expand your trading experience and provide valid signals that you could trade on and make profit. Most pro traders will tell you to just look at Volume and PA (Price Action) using candle stick view. While this method is effective it works only for very experienced traders. Here we would like to present FREE and very powerful indicators that can be helpful in trading binary options. These indicators will be enjoyed by novice, as well as, more experienced traders who use the MetaTrader 4 platform for technical analysis.
1. Binary Viper indicator with signals.
This is a free custom indicator that will detect extreme price levels of an asset based on historical price data and issue signals when these levels are reached. The signals are in a form of green and red arrows which indicate a possible trend reversal.
How to use the Binary Viper Indicator.
This indicator is extremely easy to use and very good for higher time frames such as the H1, H4, D1 in conjunction with daily and weekly support and resistance levels. As this indicator repaints trading lower time frames is not recommended. The indicator, in addition to clear arrows shown on the screen will also produce sound and popup alerts by default. This can be modified and turned off in the settings. There are few other additional features too. Please follow this link to learn more.
2. Candle time MT4 indicator.
Another very useful MT4 indicator for trading binary options is the candle time clock which counts the duration of each candle. If you decide to use it on a 1 minute charts the clock will go up to 60 seconds. If you use it on a 5 minute chart the clock will go up to 5.00 minutes.
The candle time indicator will count the time of each candle.
How to use the candle time indicator.
After installation you must add right intend in Meta Trader 4 to allow additional space on the screen to display the clock. If you’re trading 1,2, or 5 minute options expiry times than this indicator will be very useful in determining your entry times. This indicator will also help you to understand price movements within each candle. One thing to consider with this indicator is that its time only changes on price movements, otherwise it remains still. Click the link below to download the zipped indicator. It is very lightweight and works on all time frames.
3. Candle Direction Across Multiple Time Frames Indicator.
This is a very lightweight indicator that simply sits in the corner of your Meta Trader window and displays the direction of the candle on other time frames. This is a very simple yet useful indicator that helps in recognizing bullish or bearish trends and gives you an quick insight into what is going on with your trading instrument on different time frames.
Candle direction across multiple time frames indicator gives insight into trend on other time frames.
How to use the candle direction indicator.
Using the indicator is very simple and straightforward. The green squares indicate a bullish candle and the red indicate a bearish candle. White squares indicate a possible change of direction or simply lack of price movement. When all squares are green or red you know that the currency pair is trending. This is a good indicator for short term trades, such as the 1, 2, or 5 minutes expiry times.
Conclusion.
This concludes the first set of free indicators for trading binary options. I hope that some of you will find them useful in your trading and that you will come back for more interesting indicators. Remember to be focused and confirm all signals with price action patterns. The indicators are only for additional reference.
If you’re looking for a less difficult solution to trading binary options try trading with a professional trader or a signalling service with at least 75% of wins. One of the best ones we’ve seen so far, reaching 85%, are BOTS – binary options trading signals run by Franco in daily live trading sessions.
Remember to always practice on a demo account before going on to a real account! You can also try a few paid indicators and signals, some of them are actually quite good and will give you greater accuracy in trading.
2 Comments.
Thanks for this great indicator. I`m using it on 5 minute expiry time and i`m getting about 20% ROI, which is amazing!
What is your optimal setup for this?
Excellent web site you have here. It’s difficult to find high-quality writing about binary options like yours these days. I seriously appreciate it.

Custom indicators for binary options

WHAT IS YOUR BINARY OPTION WIN RATE?
Lets back up a little. A lot of people talk about trading forex. Just a slight bit of warning from someone who has been there and done that. If you've been trading forex for any length of time you most likely have placed a trade and watched as that trade quickly went against you. If you are like me, you got out of forex when the stop loss you placed did not stop you out ? Yes, I lost over $800 in a matter of a couple of minutes when news hit on another currency and it went against the currency pair I was trading. It shot through my stop loss and I watched but could do nothing. The currency pair I was trading gapped and leverage was not my friend. I couldn't get out of the trade and the stop loss I placed didn't mean a darn thing.
But then I found a different way of trading. Binary Options!
If you are not familiar with binary options, I highly recommend checking out Options Domination .
Options Domination provides signals to trade on while you can obtain an education at the same time through videos and live training. Click below to find out more about it.
Ok. Back to binary options. This is the short version of how it works. With binary options you are basically predicting whether a specific currency pair will rise (call) or fall (put) over a specified period of time. That timeframe can be 1 minute, 3 minutes, 5 minutes, end of day (EOD), a few days from now, a few months from now, end of the year and plenty of timeframes in between. I think you get the idea. Depending on the broker used, you can place a $5 trade, $10 trade, $20, $50, $100, etc. The best part, you determine the dollar amount you are willing to place on the trade. So what does that mean? Basically the way binary options works is depending on the length of the trade, you may win anywhere between 65% or so to over 80% in addition to the amount of your trade. So a $10 trade placed that goes in your favor might bring back a total of $17.50 (your initial $10 investment plus $7.50 in profit). Here is an example of a trade I won a short time ago.
If I were to lose that same trade, the maximum out of pocket would be $10. If you are familiar with trading forex, some of the same ideas apply when trading binary options. But there are no stop losses to worry about. The maximum amount you can lose is the amount you put into the trade. You should study the candles and understand doji, support and resistance, engulfing candles, spinning tops, what it means to have small candles and low volume, etc. This is not a get rich quick scheme. Far from it. Education is king.
Well how about a real world example. What does the following chart tell you? Would you know when to enter a trade?
How about another example. What does this chart tell you? Can you see some possible entrances for trades?
Those arrows are what we call Super Signals and together with a couple of helpers is what makes up the.
UOP Binary Options Custom Indicator.
Do you think you might be able to make some bank with this, Custom Binary Option Indicator?
Perhaps what's better is the designer of this binary indicator has come up with an advanced version. Here's a sneak peek.
This UOP Binary Option Advanced Custom Indicator gives you buy/sell signals, trend reversals, and volume indication. This is an advanced indicator that's for more seasoned traders. Buy the custom binary indicator and you will also get the advanced version.
So What Does It Take To Trade Binary Options?
A platform to trade such as MetaTrader4 or what folks like to call MT4.
A good broker like Boss Capital or Cherry Trade.
A demo account with a broker or through SpotOptions.
Practice trading with the demo account.
A set of rules to trade by.
A custom binary option indicator with a winning track record.
Trading in binary options requires practice, patience, time, education, did I mention practice and above all else, a great indicator.
Here is a trade I took using the UOP binary indicator.
Attention: I have personally seen win rates above 70% with this indicator.
Oh sure, if you search the internet you will find auto trading systems or binary robots with outrageous promises such as a 95% win ratio. I've even seen indicators being sold with a 99% success rate. I was stupid enough to check that one out. Its success rate is based on if you make one trade and lose, make another trade and lose, make yet another and lose, and make one and win. well that was considered a success. I think not.
So you might have seen this UOP thing mentioned a few times. I guess I should tell you what that stands for. The UOP is the Unit of Prosperity. A gentleman by the name of Reginald Stinson setup a Facebook group where those who were interested in selling items on eBay could share ideas. Reginald is a leader, speaker, and a do-er. So he decided to expand his business and start trading binary options. Along with programmers, the indicator made available today came from Reginald's exhaustive work and tireless trading, both practice and live. He boasts a 75-80% winning ratio when trading with this indicator. A completely different Facebook group has been setup and those who purchase the indicator through this website will have access to share trading successes, losses, stories, and ideas.
$500 minimum trading account.
5% maximum on any one trade.
1 minute chart to make a 5 minute trade.
Do not trade against an extended trend.
Do not trade during news.
Maximum of 5 trades in a day.
Now I realize you may have some questions in regards to this custom indicator and trading binary options. I'll try to beat you to the punch.
How do I start trading binary options and how can I start making money?
Some information is below. Get started by downloading the Metatrader4 (MT4) platform. I currently trade using MT4 (MetaTrader 4) and the platform available through FXCM. Just click on Open A Free Demo Account.
My recommendation is to trade using a demo account first on a platform which duplicates the live platforms. SpotOption is a great place to practice different trading strategies. Make 200 demo trades before you ever take a live trade. You will make mistakes by accidentally taking trades on the wrong currency pair, putting in a different dollar amount than what you initially intended to trade, or putting in the wrong timeframe. May as well get the mistakes out of the way while trading on a demo account.
I trade with two different binary option companies. Redwood Binary Options and Magnum Options. Certain binary option companies will not open an account for U. S. residents. I also hear good things about Boss Capital as well as Cherry Trade. My recommendation is to make at least the minimum deposit of $200 or $250 (brokers differ in their minimums)
Do not take a bonus from the binary company/broker. Do not let the broker let you trade alongside him. Basically what they are trying to do is to take some kind of incentive which will then tie you into making more trades on their platform. Lets say you deposit $250 into a binary option account. They may offer you a bonus to double or triple your deposit. What happens though is if you take them up on an incentive then you will end up having to take trades in the amount of 20 times or more of either your initial deposit or the money added to your account before you are able to make a withdrawal.
I personally trade in the evening (U. S. Central Time) because I work during the day. So yes, it is possible to trade on what may be termed off hours. I have friends who trade at 2am central time.
Does this indicator repaint?
Yes and I see that as a great thing. Why? Because if the super signal shows up on one candle and moves to the next candle it is telling you it was a false signal. You shouldn't trade on any one single indicator and the UOP Binary Indicator allows you to also see bollinger bands, stochastics, as well as a volume indicator to make an informed decision on when to enter a trade..
Works with MetaTrader 4 platforms for Windows and Mac.
" 2 Quick Reasons Why You Would Be Absolutely Crazy Not To buy the UOP Binary Options Indicator Right Now! "
Access To Private Facebook UOP Binary Options Indicator Group.
Bonus - UOP Indicator 2.0 For Ninja Trader - Windows PC's Only.
Income Disclaimer:
This illustration is only for educational purposes and is not intended to serve as a guarantee of income. Success in trading binary options requires hard work, discipline and proper money management skills.

Free Binary Options Indicator for MT4 – Binary Viper v 1.0.
Do you use MetaTrader for your technical analysis to support your binary options trading? If not than you should really think about using this free software to your advantage. Charting provided by binary brokers are often not adequate enough for serious price action analysis. If more elaborate charts are offered you still don’t get the option to save your configuration settings and add custom signals to the chart view. There are other benefits in using free MetaTrader software to trade binary options.
For example, you can view multiple charts at the same time and you can create and save templates. You can basically configure the entire look and feel of your charts. The most important thing, however, is the possibility to extend the software and add custom indicators.
Binary Options MT4 Indicators.
There are many binary option indicators out there, some are as costly as $600 and some are completely free. The expensive indicators tend to have one thing in common, they usually generate BUY/SELL signals and a whole trading system build around them. They also feature customer support for at least a couple of months after purchase, sometimes for the whole year. There are also many free indicators that can be used as stand-alone or in conjunction with other indicators to form a binary options strategy. Here are few examples of custom MT4 indicators .
What is the right strategy?
The right binary options strategy is basically a winning strategy. One that is optimized to win as much and as often as possible with the least amount of losses. To learn some trading strategies visit our Free strategies section. There are also many good binary options trading strategies being sold as a product or service, but whatever strategy you’ll try to learn you must make it work for YOU. In the end, only that matters. Strategies can work well for some traders and not as good for others so ultimately your strategy must be within your comfort zone. Remember that a good strategy should include considerations given to your trading habits, eg. time of day you’re trading, assets traded, expiry times, chart set ups, but also sound money management and a lot of self-control.
Introducing Binary Viper.
Free Binary options MT4 indicator.
Whether this indicator will help you to form a strategy with other free indicators or whether it will be your only indicator, Binary Viper will help you to trade binary options. It is mostly effective on higher time frames such as the H1, H4, D1. The indicator works on all time frames but if you intend to use it on the 5 minute chart you should confirm your signals and overall trend on a higher time frame such as the 15 minutes or the 30 minute charts.
Binary Viper MT4 indicator will give you reversal signals marked with Up/Down arrows. The reversal signals are produced when extreme price levels are reached. The price levels are calculated by analyzing historical price data and the present price action. The signals warn us of a possible price reversal and upcoming trade opportunity. Due to the fact that price levels change and the indicator repaints as it adjusts to new levels, special attention must be given to the next candles that will confirm each reversal. As this indicator is free to use we do not provide any additional support but we advise to use it with daily and weekly support and resistance levels and candle pattern formations such as the Pin bar.
Get ready for free binary options signals.
In addition to visual signals on the charts and sound and popup alerts, the Binary Viper indicator will also give you the option to send signals to s and mobiles. Upon installation, by default the Binary Viper is configured to run sound and pop up alerts within the MetaTrader and you don’t need to do anything to run them.
However, if you wish you can also configure alerts and push notifications to your phone in the indicator’s settings. In order for this to work you’ll need to set up your SMTP account and add your phone number in MT4 options and settings.
Can also be used in Forex trading.
This indicator can be used on all types of trading. Since the Binary Viper is a trend predicting indicator it works very effectively on 1H, 4H, 1D charts that are used in intraday trading or swing-trading. It will also work well for long-term traders who look at the weekly and monthly charts. Binary Viper will help you recognize the support and resistance points that mark price reversals. On weekly or monthly charts the signals can indicate considerable price movements.
See Binary Viper indicator in action.
Below is a short video that shows the Binary Viper free mt4 indicator running on 1 minute GBP/USD chart. As you will see the indicator performs well on a 1 minute chart but we don’t really recommend using it on short time frames which tend to have a lot of market noise. Using the indicator of 1hour charts will produce better results. This video is in fast motion that shows in total about 30 minutes of trading time.
Features of Binary Viper v1.0.
Here is a full list of the features of Binary Viper, the free binary options indicator for MetaTrader4:
Works on all time frames . BUY / SELL signals marked by UP / DOWN arrows (for educational use only!) Can be used on its own or in conjunction with other indicators for additional support Settings can be configured by user (color, alerts, data) Includes sound alert – may be switched off Includes a pop up alert – may be switched off Includes alert – may be switched off Includes text messaging – may be switched off It’s FREE! – Simply subscribe below and download it for free.
Binary Viper v. 1.00 indicator is for educational and entertainment use only . Please note that financial trading is very risky and you may lose all your investment. Therefore, always use professional help from your financial advisor before trading on a live account.
Installation of Binary Viper.
Installing your free mt4 binary options indicator is as easy as installing and running any MT4 indicator. Follow these steps to get started:
If you haven’t already install MetaTrader4 Go to File – Open Data Folder Copy and paste or move the downloaded and extracted indicator into MQL4 / Indicators folder Close MetaTrader and the Data Folder too Open MetaTrader again Go to Insert / Indicators / Custom and choose BinaryViper v1.0 Your indicator will load onto the screen.
Binary Viper trading strategies – How to use this indicator.
Although the signals produced by Binary Viper do a pretty good job at indicating when price action is about to change, in trading, no signals or indicators are 100% accurate and fully market-proof. Because this indicator repaints so not all the signals will be fully accurate and you will find that at times the buy/sell arrows will move with the price. Having said that, if you use this indicator wisely and in addition with other supporting indicators such as the Bollinger Bands (as it’s shown in the video), it can produce fantastic results.
One thing to add that may serve as additional guidance in using the Binary Viper MT4 indicator is that you may find it is better to enter the trade after the next candle has been confirmed. So in practice if the the indicator shows a DOWN arrow on the price action going up, ideally you should wait until the arrow settles and the next candle confirms the signal.
Please feel free to come back to this page and in public comments share your strategies and results using Binary Viper. !
Alternative approach.
If you are looking for a more guided approach and want to use the knowledge and timing of a professional trader then think about using the Binary options trading signals (BOTS) system with daily LIVE trading sessions. This is good especially for beginner traders. It is advised to first trade with experienced traders and learn from them how to time your trades, which is especially important in binary options trading.
28 Comments.
Hello, I downloaded it and installed on mt4 in indicators list. I got a popup signal alert on the mt4 and I traded it and I got a profit but some problem is that after a long time of 15 timeframe I can’t see the arrows on the mt4 chart and also no popup signals reaches after popup alert true no popup signals alerts come. It does not repaint the arrows. Please tell me when it repaints the arrows on the chart?
If the popup alert doesn’t work simply restart your MT4 platform. These signals repaint, but not all the time. Many times they will not repaint, it depends on the market’s volatility. Draw daily and weekly support and resistance levels on your charts and compbine them with the signals to predict a trend reversal. Please keep in mind that these signals are unlike other binary options signals in that they only appear when the price action reaches certain price levels. Trading on the 15min charts or higher you just need to be patient and wait. The signals will come eventually, but don’t expect to receive 50 signals a day. Expect about a few strong signals during the day. I hope this helps.
what is best pair? and is that okay timeframe is 5 or 15 mins can helpful profit no more repaint?
It’s been mostly tested on EURUSD and GBPUSD and USDJPY. The indicator will work on all time frames but it’s best to use it on higher time frames such as H1 to D1. This version of the indicator repaints because price can change. As new price level is reached the indicator will adjust and follow to mark a new high or low.
i hopeful that i hate repaint.. i love nonrepaint… i want to make too easy to show arrows on indicator is comfortable than complex…
I didn’t get this completely. Kindly can u elaborate the below para which is from ur description above.
(It is mostly effective on higher time frames such as the 15m and 30m and of course the 1H and 4H. The indicator works on all time frames so if you intend to use it on the 5 minute chart you should confirm your signals on a higher time frame such as the 15 minutes of even the 30 minute charts.)
Basically you can confirm your signal (trend) on a higher time frame. For example if you’re on 5 minute chart and you have a signal pointing down and the the price action is changing its direction, you can confirm this on a 15 minute chart to see what the indicator is showing you there. If it’s also pointing down or has pointed down and the trend is bearish, there will be slightly greater probability that the price on the 5 minute chart will also go down. I hope this helps.
The indicator is a blank file, and does not install, unless I’ve installed incorrectly. The file looks like a blank white page, usually an indicator has the number 4 on it. Can you help.
The downloaded file is a zipped file. You need to unzip it and then you will see the. ex4 file.
Hello i am interested in the Binary Viper Software can it be used with Any broker that is regulated?
Sure, this doesn’t matter much as the software runs on MT4.
I was wondering if the new version is available? I’ve downloaded the one on this page which shows as.
Binary Viper v 1.0.
Hi. No, no new versions of this indicator.
I’m only showing the arrows on my MT4 charts? not the 3 lines around the candlesticks?
Hi Michael. Those are Bollinger Bands. You can add them in your MT4 as they are one of the main volatility indicators.
Tested the indicator for a week, on the 15min time frame, it repaints, i will test on higher time frames and report back.
Yes, this indicator repaints, as mentioned in the description. One needs to use other non-repainting supporting indicators and read price action and price levels.
hi , nice indicator, i’ll wait the no repaint one, it will kill it.
I’m a 60 second binary options trader. I will ignore the repaints and take note on average how it it fares with my trades.
How do I download this indicator ? Thank you !
You need to confirm your . If you have not received it then please check your spam folder. When you click the confirmation button you will be taken to a webpage with the download links. I hope this helps.
Thanks for the indicator! Much appreciated, I’m looking forward to the next one. Do you have more indicators for binary options?
Hi, what are the best settings for the BB (TF 15/30/1h)
I would like to switch the alert on, how do I do it?
what about an ea version of this which puts a buy order in when a buy arrow appears or a sell?
We don’t plan on building an EA that trades automatically at this time.
I use your indicator and am very satisfied - thanks. My MT4 is slow and they say this can be sorted by using MT5. Is this indicator available for MT5?
No, I’m afraid no MT5 version at this moment. Sorry.

Binary Options Edge.
Metatrader 4 Indicators (MT4)
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