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Alpha Trend Spotter Binary Option

30 USD

Demo downloaded: 270

Published: 29 May 2015

Current version: 208.19

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Alpha Trend Spotter Binary Option

1

Indicators
Andy Ismail
Version: 208.19
Updated: 26 August 2019
Activations: 5

This indicator is customized for binary option trading like M1 timeframe or turbo option trading.

The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the money risked. If you predict correctly, you get your money risked back PLUS a return. These returns are usually between 70-85%.

Parameters

Bar period - number of bars used for the indicator calculations. Default is 5.

How to Use

RED BAR means Bearish candle for the next candle.
GREEN BAR means Bullish candle for the next candle.
ORANGE BAR means no order until next candle.

Example

While working on M1, look at the last bar. If the bar is RED, open short/sell.

If the bar is GREEN, open long/buy.

If the bar is ORANGE, do not open a position until the next bar is RED or GREEN.

more...

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This indicator searches for the strongest trend and works on any timeframe. D1 timeframe is recomended. The product features three lines showing fast, medium and slow bars. If red bars appear at each of the three lines simultaneously, there is a strong bearish trend. If green bars appear at each of the three lines simultaneously, there is a strong bullish trend. The indicator does not repaint and can be combined with other indicators. It is also suitable for binary option trading.

This Indicator will draw support and resistance (SR) in chart and give alert whenever there is a Support or Resistance Breakout. It has a variable to control SR line length (default 100) 500 is recommended. Support and resistance (SR) The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade or even the expert traders. As we all know that

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217819606 2015.09.21 10:47 #

Coder did not fixed the problem with the alert .The alert appears on every csndle very annoying.DO not use this indicator my advise.

Version 208.19 2019.08.26

New Engine Update
Author Website Added

Version 1.2 2015.09.11

bug fixed for alert on/off

Version 1.1 2015.06.04

Alert for call or input signal added