Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
The indicator generates entry signals for BINARY OPTIONS, drawing an arrow on the chart and emitting an audible alert.
OPERATING HOURS: 6.OO GMT/ 17.00 GMT (not recommended after 17.00 GMT and during the night due to too low volatility and lack of volumes)
PAIRS: EUR/USD (@EU6), GBP/USD (BP6).
Timeframes: 1,2,3,5,10,15 minutes
Best timeframe: 3 minutes
EXPIRY: 1 candle
The indicator needs real volumes (no tick volumes) to work: it doesn't work on EUR/USD, GBP/USD ECC spot pairs but on the reference Future contract (ticker): therefore it is necessary to use a broker on metatrader 5 that provides futures contracts with real volumes in real time.
The reference future for EUR/USD: is @EU6
The reference future for GBP/USD is BP6
One broker that provides futures with real volumes for free in real time is AMP GLOBAL
(in mt5, select: FILE/ NEW ACCOUNT/ look for the APM GLOBAL CLEARING broker and open the demo account. THE DEMO ACCOUNT LASTS 1 MONTH. After 30 days, it is necessary to repeat the procedure and reopen it, ALWAYS FREE.
THE INDICATOR, AUTOMATICALLY INSTALLS THE CUMULATIVE DELTA ON THE GRAPH, needs it to work, because, as mentioned before, the indicator is based on the convergence of prices with the trend and real volumes, which extrapolates from the cumulative delta .
THE PERFORMANCE of the indicator is over 70% ITM signals on a monthly basis: the daily percentage of ITM signals is from 90% to 50%. IT IS RECOMMENDED TO USE AN ADEQUATE MONEY MANAGEMENT (Masaniello recommended)
