Binary Winner Indicator for MetaTrader 4 – Free Download [TFlab]

The Binary Winner Indicator is a technical analysis tool in the binary options market that identifies trading opportunities at market reversal points on the MetaTrader 4 platform.

This indicator provides buy and sell signals using two arrows: green and red.

Binary Winner Indicator Table

The table below presents an overview of the key features of the Binary Winner indicator for binary options trading:

Binary Winner Indicator Overview

The core mechanism of the Binary Winner Indicator is based on analyzing the market trend structure and identifying key reversal levels.

This trading tool utilizes price data and internal algorithms to identify the primary price direction and pinpoint potential market turning zones.

Once these conditions are met, the indicator issues an entry signal by displaying a colored arrow on the price chart:

• A green arrow indicates a potential upward movement;
• A red arrow signals a potential downward movement.

Indicator in an Uptrend

The price chart below shows the CAD/CHF currency pair on a 5-minute time frame.

As the market enters a short-term downtrend and reaches a likely reversal area, the Binary Winner Indicator begins to assess the situation.

Upon receiving confirmation of a bullish structure, the indicator automatically issues a buy signal with a green arrow.

Indicator in a Downtrend

The following image shows the EUR/USD currency pair on a 5-minute time frame. During a short-term uptrend, the price reaches resistance zones with a high probability of reversal.

As a result, the indicator analyzes candle behavior and price saturation levels to evaluate a possible reversal. If confirmed, a sell signal is issued.

Binary Winner Indicator Settings

The image below displays the editable settings panel of the Binary Winner Indicator for binary options trading:

• MAX BARS: Maximum number of bars;
• ALERT: Alert;
• EMAIL: Email;
• NOTIFICATION: Notification;
• MESSAGE TIMEOUT: Message expiration time;
• MESSAGE SUBJECT: Message subject.

Conclusion

The Binary Winner Indicator is a suitable tool for binary options trading, offering precise buy and sell signals by focusing on reversal points and short-term trends.

Using price structure and candlestick analysis, this indicator displays entry signals without repainting, via green and red arrows.