The BOSS indicator, or Binary Options Statistical Signals Indicator, is the very first Metatrader indicator developed exclusively for binary options. The indicator uses a neural network to output the probability of market price direction in advance. No lag, No delay, No repaint. Quite frankly this puts it in a class of its own! To build and develop this indicator our research team computed all classical indicators they could think about:
RSI, MacD, Stochastic, Fractals, Support Resistance, etc. with thousands of parameters each: MacD 3 4 7, MacD 11 12 19, MacD 100 200 400 you get my point. Then they ran all these against the past 5 years of forex tick data. No need to say that this resulted in a huge table of over 500,000 columns for each indicator with each parameter, combined with 100 billion lines for each tick.
That is a â€œtickâ€� load of data rightâ€¦ Get ité Tick loadâ€¦ Anyway. They then applied the latest algorithms in Machine learning, and more specifically Neural Networks, in order to find repetitive patterns in the data. These patterns were then coded in Metatrader so they can be compared with current live price price feed, thus providing you with a predictive percentage of matching
patterns which ultimately results in trading signals. As you can see, calling it an indicator is a complete understatement! Now that the simplest explanation of the functionality and design is out of the way way we can show you a live example so you can visually see the indicator in action. In Metatrader the BOSS indicator is displayed on the right side of the chart. For each expiry times 1, 5, 10, 15, 30 and 60 minutes, the indicator displays the probability of winning if you were to execute a
binary option trade right now with this asset, direction and expiry. For 1 minute, the current probability of winning a call option is 51%, and the current probability of winning a put option is 54%. Not so great. and it doesn't look much better for other expiry times either, so let's wait for better probabilities. Notice that you can set alerts at
chosen probability. Here I have set my alerts to 57%, which mean that I'll get an alert when any of these expiries get a winning probability higher than 57%. Let's wait for itâ€¦ Ah, I just got an alert that the EURUSD has a 57 % chance of going down in the next 10 minutes. Let's navigate to my binary options broker and open a put option on EURUSD for $100.Now let's wait for the trade to expire.
Binary Options Indicator Best Binary Indicators For MT4
Binary Options Indicator From Investoo Hello, traders. Welcome to Binary OptionsStrategy. In this tutorial I'm going to be back testing the Binary Option Indicator broughtto you by Investoo . Remember that if you want to profit from this indicator, all youneed to do is upgrade your membership to a premium membership at Investoo . Now, let's jump to the MT4 platform and let'sback test the signals for scalpers on the 1 and 5minute chart, day traders on the 15and 1hour chart, and for swing traders on the 4hour chart and daily charts.
Now, here's my MT4 platform. As you can see,I already have plugged in the binary indicator in all my charts. I'm going to show you myindicator list, so you can see that I am, in fact, using the Binary Option Indicatorfrom Investoo , okayé Now, this is the onehour EuroUS dollar andthe oneminute AussieCanadian dollar. Okay, now let's start with the Aussie dollarCanadiandollar oneminute chart and let's go through the signals. Now, in this chart we have three signals.As you can see here, the first signal comes when this leg up ends and the down move starts.The signal comes at the beginning of this
candle, so our entry point should be around98.946. If we are trading off the oneminute chart, we want to trade the fiveminute expirationoption. If we can count five candles, one, two, three, four, five candles, the expirationtime is 98.92 which is lower than our entry price. This put option expires inthemoney. Now, here we have at the end of this downmove, and after we base at this support zone, another signal. In this case, this signalto buy call options and as you can see we have the signal at this candle and our entrylevel should be 98.83 and one, two, three, four, five candles later our exit level is98.83 which is higher than our entry point.
This option also expires inthemoney. Right here, we have a third signal, in thiscase, this is a signal to buy our put options and our entry level should be around 98.89,and one, two, three, four, five candles later our option expires well inthemoney. Let's go to the fiveminute US dollarCanadiandollar chart. As you can see here, we have three signals. The first signal comes whenthis flag formation breaks and our entry levels should be around 113.29. If we are tradingoff the 5minute chart, we want to use between the 15 and the 30 minute expiration option.
In this case, whether we used a 15 or 30 minuteexpiration option, you can see that this put option expires inthemoney because afterour entry or after our signal, we never go above the entry level. Now again, after themove down, we get a signal to buy call options. The signal comes at the 113.03 level. If wecount 6 candles for a 30minute expiration option, one, two, three, four, five, six candles,our closing level should be around 113.08 which is higher than our entry level. Thiscall option also expires inthemoney. Right here, we have another signal to buyput options. The entry price is at the beginning of this bullish candle at around 113.11. Ifyou count six candles, one, two, three, four,
five, six candles, this option expires outofthemoney.If we choose to trade the 15minute expiration option, this option will have expired inthemoney,one, two, three. Since we were trading the 30minute expirationoption on both this put option and this call option, we are going to be trading the 30minuteexpiration option on this put option. This option expires outofthemoney, but thisis fine because we have two winners and one loser on the fiveminute chart. We're goingto back test it now on the 15minute chart, EuroUS dollar. Now the first signal comes at this resistancezone and our entry level is exactly at 126.68.