Simple Binary Options Indicator (MT4)

The Simple Binary Options indicator for Metatrader 4 is a great early trend prediction tool for binary trading and Forex scalpers.

The indicator pops up in the main MT4 chart window as green and red colored buy and sell arrows.

It helps you to get into the short-term trend early.

For scalping purposes, the indicator performs best during the London and New York trading sessions.

The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.

Free Download

The picture below shows the Simple Binary Options mt4 indicator in action on the trading chart.

After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown above.

Trading Tips:

Feel free to use your own favorite trade entry, stop loss and take profit method when trading with the Simple Binary Options indicator.

As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

Please note that even the best trading indicator cannot yield a 100% win rate over long periods.

Indicator Specifications & Inputs:

Trading Platform: Developed for Metatrader 4 (MT4)

Currency pairs: Works for any pair

Time frames: Works for any time frame

Trade Style: Works for scalping, day trading and swing trading

Input Parameters: Variable (inputs tab), color settings & style

Indicator type: Signals

Does the indicator repaint? No.