85# Biforex Pro Indicator
Submit by Dimitri 08/2024
Binary Options Trading Strategy using the Biforexpro Arrow Indicator
The Biforexpro Arrow Indicator is a tool used for trading the most popular currency pairs in binary options. According to statistics, this indicator provides over 80% profitable transactions in binary options trading. It is recommended for trading on a 5-minute chart. Despite the short time frame, the indicator rarely provides signals, which contributes to its high accuracy.
Installation Characteristics of the Indicator
The Biforexpro Arrow Indicator can be used for 24-hour trading on 5-minute charts. It allows trading all currency pairs except for some specific assets.
The Biforexpro indicator does not repaint. This tool is installed on the MT4 platform.
Trading Rules with Biforexpro in the Binary Options Market
The principle of working with the Biforexpro indicator boils down to the following basic rules:
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CALL Option:
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When a green arrow appears on the chart, place an order to buy a CALL option after the closing of the last candle (bar).
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PUT Option:
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When a red arrow appears on the chart, place an order to buy a PUT option after the closing of the last candle (bar).
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Expiry Time:
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In both cases, the expiry period (the time interval during which the order remains open) is 5 minutes.
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General Recommendations
To maximize the efficiency of a trading strategy based on this arrow indicator, adhere to the following guidelines:
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Avoid Certain Currency Pairs:
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Avoid trading currency pairs containing NZD, AUD, or CHF. These assets often result in false signals when traded with this indicator.
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News Avoidance:
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Do not open orders about 15 minutes before the release of important news and for 15 minutes after (refer to the economic calendar).
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Investment Limit:
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Do not invest more than 5% of your total deposit with the broker in a single transaction.
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Aggressive Trading:
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Aggressive traders may use the Martingale strategy in conjunction with the indicator.
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The Biforexpro Arrow Indicator demonstrates high efficiency in binary options trading on 5-minute charts. This tool provides rare but highly accurate market entry signals and does not repaint.
Strategy Summary
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Indicator: Biforexpro Arrow
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Platform: MT4
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Chart Time Frame: 5 minutes
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Expiry Time: 5 minutes
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Trading Pairs: All except those containing NZD, AUD, or CHF
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Signal Types:
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Green Arrow: Buy CALL option
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Red Arrow: Buy PUT option
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Risk Management:
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Invest no more than 5% of the total deposit per trade
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Do not use martingale but D'Alembert modulate for example: 3-4-5-6-7 , 3-2-1
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News Trading:
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Avoid trading around major news releases
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By following these rules and recommendations, traders can effectively use the Biforexpro Arrow Indicator for binary options trading, leveraging its high accuracy to achieve profitable transactions.