FREE Binary Options Indicator

The White Arrow

by FX Invest Fund

A Binary Options Directional Indicator

Just so that we are clear - this is only an Indicator, meaning it will indicate the possible direction of future price - use at own risk.

"Make sure to check out my thread about The White Arrow Expert Advisor here"

I've developed this indicator to help identify entry positions for short term options. It use a combination of technical indicators and volume to determine entries. Combined with basic price behavior analyses and avoiding major news release this indicator is pretty accurate.

At this stage I do not have a definite strategy to give you, but I'm currently using it on the M5 chart with 15 minute expiry options.

The Arrow will paint at the open of the entry candle and trail the high/low of the candle. Once the candle close the arrow will stay static. It will NEVER re-paint, meaning it will NOT jump candles.

Update 29 July 2016:
An updated version is in the making called "TheWhiteArrow". It will signal a possible trade at the open of the candle. For a CALL option the current candle must close DOWN to be valid, which will be confirmed by The White Arrow. If a CALL signal has been received and the candle close UP the Arrow will disappear and no trade must be taken. The opposite is valid for a PUT signal.

The White Arrow can now be downloaded here

This indicator and future releases will be made available for Free.

Please support me by opening a new account at StockPair - www.fxinvestfund.com/stockpair/

StockPair is also my recommended broker, because they offer flexible expiry options including the 15 minute one that I feel is great. They also have a great reputation in the market and is EU Regulated.

Open your StockPair account here

min deposit is $250

______________________
Skype: fxinvestfund03
Email: fxinvestfund[at]gmail.com

USDCAD produced 2 ITM options today.

Take note how the 2nd signal was received at a support level - this is what I meant by price behavior, which when combined with the signal it can produce great results.
______________________
Skype: fxinvestfund03
Email: fxinvestfund[at]gmail.com

Entry and Exit explained in more detail

Refer to chart attached

UPDATE:

Indicator has been updated to not close at the high/low of the candle, but to remain static at the open of the new candle, which is the price level at which the option will be taken. This will allow for a more true visual reflection of the entry position.

The new update has been uploaded and can be downloaded from my blog.
______________________
Blog: http://freebinaryoptionsstrategy.blogspot.co.za/
Skype: fxinvestfund03
Email: fxinvestfund[at]gmail.com

This indicator is also great for Forex Trading spotting swing high's and low's

Give it a try yourself and download it for free from my blog - http://freebinaryoptionsstrategy.blogspot.co.za/

Looking at the week ahead I suggest the following trading periods to avoid major news release:

1. Monday - New York Session
2. Tuesday - London Session
3. Wednesday - Lots of news release - if you trade avoid trading 1 hour before and after news release
4. Thursday - London Session
5. Friday - London and New York Session - Avoid Asian Session

Mmmmmm

USDNOK looking like a great pair for this indicator and I see IQ Options has got this pair listed.

5 x ITM options in one day.

USDJPY and GBPUSD starting the week with 3 x ITM options.

Keep in mind I've suggested to not trade the London session due to major news, but if you have to then don't trade 1 hour before and after news.

Enjoy!

Today during the New York session we had 3 signals

2 x ITM and 1 x OTM

See charts attached

Tuesday we can trade Asian and London seesions.

EURNZD also squeezed in 3 signals this evening

2 x ITM and 1 x OTM

Today produced 2 orders

1 x ITM and 1 x OTM

I'm in the process of looking at changing the entry once the arrow appeared. I thinking of entering the option once the candle with the arrow has closed. This will mean that once the arrow paint you will have 5 minutes to get your platform ready to place the option - this is for when you are on the 5 minute chart. I'm going to look at what expiry time will work best if this strategy is followed.

Will revert back shortly with the results.

Trade safe!

New updated indicator is looking good and will be released over the weekend.

So far is looks like it is producing less signals than before, but is more accurate, which is more important.

It also seems to work well with Shares like Google as you'll notice in the pic below.

Trade safe

USDCAD Live Signal

The upgraded indicator will alert you when a possible trade is setting up.

If the candle close UP the Arrow will remain static and the option is confirmed. At this stage you would place your order.

As the candle turn DOWN (red) the Arrow will disappear and the signal is no longer valid.

Let's see what happens

Signal has been confirmed as you will see from the chart below and closed ITM 3 candles later

Another signal was also generated on EURUSD, which also closed ITM 3 candles later

The new upgraded indicator, The White Arrow is so far performing very well

AUDUSD signal received - The White Arrow will confirm the signal at the close of the candle. If the candle close DOWN the Arrow will remain and you enter the option....

Let's watch this one....

Candle closed UP and signal was invalid

Back from an awesome weekend away with the family!

Friday produced 3 trades:
2 x ITM
1 x OTM

This is all with the new improved indicator "The White Arrow", which will be made available for download shortly.

Trade safe

We begin the week with 3 signals:

2 x ITM
1 x OTM

The new updated indicator is now available for download here

Great day today with 4 signals generated by TheWhiteArrow:

3 x ITM
1 x OTM

With no major news release this afternoon my indicator produced 4 signals:

3 x ITM
1 x OTM

Had you trade $20/option with a 75% win payout your net profit = $25

Trade safe!