The Binary Circle binary options indicator appeared online not long ago, but demand for it among binary options traders has continued to grow. That said, it would be a mistake to assume this indicator is particularly good — it only shows accurate signals on historical data.

The indicator's algorithm is not disclosed, but what matters most is that Binary Circle is a paid product despite delivering mediocre results and being poorly suited to profitable trading.

The indicator is currently sold on the developer's website for €169. You can download it from our website free of charge for evaluation purposes.

Indicator for binary options Binary Circle

Key Features of the Binary Circle Indicator

  • Terminal: MetaTrader 4.
  • Timeframe: M1–H4.
  • Expiration: 1 candle or 5 candles.
  • Option types: Call/Put.
  • Indicators: Binary Circle.ex4.
  • Trading instruments: all currency pairs.
  • Trading hours: 09:00–17:00 UTC.
  • Recommended brokers: Quotex, PocketOption, Binarium.

Installing the Binary Circle Indicator in MT4

The indicator is installed using the standard procedure in MetaTrader 4.

MetaTrader 4 instructions for installing indicators:

The indicator settings are of limited importance, as there are almost no parameters that affect signal generation:

Binary Circle indicator settings

Trading Rules and Overview of the Binary Circle Indicator

Regardless of the indicator or strategy being used, trend trading should always be the priority — and every trader should understand what a trend is and how to identify one. A solid understanding of market phases and the ability to trade with a bullish or bearish trend gives traders the best chance of consistently profitable outcomes. Unfortunately, even trend-aligned trading will not produce reliable results with the Binary Circle indicator, as its real-time signals bear little resemblance to those visible on historical data:

Signals on history from the Binary Circle indicator

As shown above, the historical chart contains virtually no losing signals — which is not the case for signals generated in real time:

Real-time signals from the Binary Circle indicator

Any expiration on these signals would result in a loss. The same pattern holds on another currency pair:

Redrawing the Binary Circle indicator signals

Again, historical signals appear nearly perfect, while signals generated in real time tell a very different story.

This pattern holds across any currency pair: historical signals look highly accurate, while real-time signals are unprofitable in most cases:

Losing signal of the Binary Circle indicator

Conclusion

As demonstrated above, despite its high price, the Binary Circle indicator is not suitable for trading and is likely to produce consistent losses. This serves as a reminder that all paid and free trading strategies and indicators should be tested on a demo account before being used in live trading.

Sound money management and risk management rules are also essential — they help limit losses even when working with an underperforming system.

Download the Binary Circle Indicator for Free

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Not sure how a particular strategy or indicator works? Leave a comment on this article, and subscribe to our YouTube channel WinOptionCrypto — we answer questions in our videos.

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