This indicator for binary options is most commonly available online only as a paid product. The author of the Turbo Expert indicator claims to have earned more than $29,000 using it. He also states that the indicator delivers over 90% accurate signals (!!!) and does not repaint over time. So why would he sell the goose that lays the golden eggs? Let's find out.
Key Features of the Turbo Expert Indicator
- Platform: MetaTrader 4.
- Asset: Major currency pairs.
- Trading hours: 08:00–21:00 UTC.
- Timeframe: M1.
- Option expiration: 3 minutes.
- Recommended broker: Quotex, PocketOption, Binarium.
Instructions for installing indicators in MetaTrader 4:
Trading Rules with the Turbo Expert Indicator
As it turns out, the indicator does produce up to 90% winning trades — but only because it plots the arrow on the previous candle to create this artificial win rate. In practice, trades can only be entered as shown in the image below:
The trading rules are straightforward:
- CALL signal — green arrow;
- PUT signal — red arrow.
Some trades entered on the candle following the arrow will still be profitable, but the win rate is far from 90%. Our tests showed approximately 68% profitable trades on the EURUSD and EURGBP currency pairs. The indicator can also be used for Forex trading, in which case the blue and red channel lines indicate the Stop Loss level.
The Turbo Expert indicator does have some potential, but the claim of 90% ITM is a significant exaggeration — one that appears to be purely a marketing decision, given that the indicator was originally sold as a paid product. On our website, you can download it for free and draw your own conclusions about its accuracy.
We do not recommend using this indicator without additional filters. Always test it on a demo account first to find the optimal settings and trading conditions for binary options.
Download the Turbo Expert Binary Options Indicator
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