Singapore Stocks Investing and Forex Trading

What is The Best MT4 Indicator to Trade Forex Binary Options?

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Publish date: Tue, 16 Dec 2014, 02:51 PM

Please contact us if you are interested in trading Binary Options, and we will guide you every step of the way.

Most binary option traders are speculators. We can deduce that from the tools offered by the famous binary option brokers out there. Most of these brokers do not even provide charting facilities, let alone famous indicators. That is why we prefer trading from the Metatrader 4 platform, which allows us to trade using popular indicators such as the Larry Williams Percent (%) R Indicator.

What is the correct way to trade Williams % R? Click the video link.

Before we go on, watch this video by Larry Williams himself, the creator of the indicator. He explains how to use the system properly. His teaching recommends a trend following indicator to determine bullish and bearish environments – for this we use the Moving Average Rate of Change indicator.

What matters in 60 second Binary Option Trading

Brokers offer the highest payouts for the shortest binary options. Traders will be looking at short time frame charts such as the 1 minute chart. At such short time frames, buying and selling pressures are most important. The Larry Williams % R indicator highlights overbought and oversold periods, while the MA-ROC indicator determines whether the market is in bullish or bearish territory.

Buy Signals in This System are Bullish Retracements

  • MA-ROC is > 0, so the environment is bullish
  • Williams % R is <20, so the asset is oversold
  • Before entering a Long position, enter on a downtick to increase chance of winning

Sell Signals in This System are Bearish Retracements

  • MA-ROC is < 0, so the environment is bearish
  • Williams % R is >80, so the asset is overbought
  • Before entering a Short position, enter on an uptick to increase chance of winning

Live Trading Video of Binary Option Trading on Metatrader 4 Platform

Contact us if you are interested in Trading Binary Options on MT4

Please drop us an email on this page.

 

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