Ultimate Trend Signal is not a single indicator but a suite of tools that work together to generate profitable signals based on what the creators describe as advanced algorithms. To identify market entry points, the tool draws on readings from the moving average, MACD, and RSI.
The latest version of Ultimate Trend Signals is supported by the MetaTrader 4 terminal. The tool identifies trend reversal points using Non-Repaint ADX Crossing, which displays the corresponding entry signals for binary options directly on the price chart. Ultimate Trend Signals also displays support and resistance levels formed by the Daily Open and PIVOT lines, respectively.
Instructions for installing indicators in MetaTrader 4:
Currency Pairs and Timeframes
This indicator is suitable for trading any currency pair during the London and New York sessions. The optimal timeframes are M5, M15, M30, and H1. The expiration time for a single binary option is 5 minutes (for M5) or 15 minutes (for M15).
The indicator is straightforward to use, even for beginner traders. In addition to entry points, it displays an information panel directly on the chart with everything needed to execute trades.
When to Buy a Call Binary Option
Open a Call binary option when all of the following conditions are met:
- the "Short Buy Entry" signal has appeared;
- a blue dot has formed on the chart;
- the current M5 timeframe shows a green "Up" label;
- the M1 timeframe shows "Strong";
- the M15 timeframe shows "Sideway" or "Bullish" (the more reliable signal).
The option expiration time should be 5 minutes.
When to Buy a Put Binary Option
Open a Put binary option when all of the following conditions are met:
- the "Short Sell Entry" signal has appeared;
- a red dot has formed on the chart;
- the current M5 timeframe shows "Down";
- the M15 timeframe shows "Sideway" or "Bearish" (the more reliable signal);
- the M1 timeframe shows "Strong".
The expiration time in this case is also 5 minutes.
Final Thoughts
To improve your win rate when trading binary options with Ultimate Trend Signals, pay close attention to support and resistance levels. You will also need a reliable binary options broker who executes trades without delay and processes withdrawals promptly.
Download the Ultimate Trend Signals Indicator
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See Also:
- Strategies for binary options
- Live chart for binary options
- How to choose a binary options broker
- How to make money on binary options
- Binary options are a scam
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