The RSX indicator for binary options combines two components: a signal indicator and an oscillator. This combination delivers the advantages of both indicator types in a single tool — and crucially, the RSX does not repaint and generates reliable entry signals.
The win rate is approximately 70% when all trading rules are followed and risk is managed correctly.
Key Features of the RSX Indicator
- Terminal: MetaTrader 4.
- Timeframe: M1–H1.
- Expiration time: 1 candle.
- Option types: Call/Put.
- Indicators: RSX.
- Trading instruments: Any.
- Trading hours: 08:00–21:00 UTC.
- Recommended brokers: Quotex, PocketOption, Binarium.
Installing the RSX Binary Options Indicator
The indicator is installed using the standard MetaTrader 4 process.
Leave the indicator settings at their defaults.
To avoid configuring the chart manually, you can download both the indicator and a ready-made template at the end of this article.
Instructions for installing indicators in MetaTrader 4:
RSX Trading Rules
There are several conditions for opening a trade, but only one is mandatory — the second is optional and serves as additional confirmation. Because the indicator includes levels, it can identify overbought and oversold zones, and all trading with it is based on these zones.
To open a Call option:
- The indicator touches the "80" level moving from bottom to top (scalping approach).
- The indicator crosses the "80" level from top to bottom (conservative approach).
- (Optional) The indicator square changes from grey or red to green.
To open a Put option:
- The indicator touches the "20" level moving from top to bottom (scalping approach).
- The indicator crosses the "20" level from bottom to top (conservative approach).
- (Optional) The indicator square changes from grey or green to red.
Working with the RSX is also straightforward thanks to its built-in alerts, which notify you when a trade entry condition is met:
In addition to its multiple signal types, the RSX offers another distinctive feature: divergence signals. To learn more about how divergences work, see the divergence strategy.
RSX Trading Examples
The following examples use the USD/JPY currency pair to illustrate the trading rules in practice.
Opening a Call Option (Scalping Approach)
Keep in mind that this signal type carries higher risk. However, when you have a clear read on the trend and apply sound money management principles, Call options can be opened confidently:
Opening a Put Option (Scalping Approach)
The same principles apply to Put options:
Opening Call and Put Options (Conservative Approach)
The conservative approach is recommended for beginners, as it offers a significantly higher probability of a positive outcome:
Conclusion
The RSX indicator for binary options generates multiple signal types that can reinforce one another, and when used correctly it can deliver consistent results.
To trade binary options, you will need a reliable broker. You can find our top-rated options in the binary options broker ratings on our website.
Download the RSX Indicator and Template
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