PO 7

The Golden Skull Redline binary options indicator is a signal indicator and combines three standard indicators - Moving Average, Moving Average of Oscillator and Bollinger Bands.

This indicator gives positive signals in 80% of cases and, most importantly, does not redraw, and you can work with it on M1 charts, which will undoubtedly appeal to scalpers. Its use on higher time frames is not excluded.

Golden Skull Redline Indicator

Characteristics of the Golden Skull Redline indicator

  • Terminal: MetaTrader 4 .
  • Time frame: Any.
  • Expiration: 1 candle or 5 candles.
  • Types of options: Call/Put.
  • Indicators: Golden Skull Redline.
  • Trading instruments: Any.
  • Trading hours: 9:00-17:00.
  • Recommended brokers: Quotex , PocketOption , Binarium .

Installing the Golden Skull Redline Indicator in MT4

The indicator is installed as standard in the MetaTrader 4 terminal.

We leave the indicator settings unchanged.

Instructions for installing indicators in MetaTrader 4:

Rules for trading using the Golden Skull Redline indicator

Since this indicator for binary options includes other three indicators, we do not need to monitor the price ourselves, but just need to wait for the signal (“cross”) on the chart, which will be a signal to enter the position.

In addition to the fact that the indicator does not redraw signals, its second important advantage is that it does not need additional filtering, since this algorithm is already included in the indicator code. Accordingly, we receive signals for binary options from three indicators at once.

It is worth noting that the signals appear shifted one candle back, which may make it seem that the indicator is giving signals that are no longer relevant, but this is not the case. In the examples below, you will see that even with such an offset, the signals are still processed.

Examples of trading using the Golden Skull Redline indicator

Now let’s look at everything using real examples to make it clearer what “crosses” we are talking about.

We will use a pair known to everyone - USD/JPY.

Opening a Call Option

As soon as we receive a signal (“cross”), we can immediately open a position.

As a result, with an expiration of 5 minutes, we would get a profit.

As can be seen from the example, in addition to our entry into the position, we can see other signals in different directions, which would also be closed in plus with both types of expirations.

Call option

Opening a Put option

This example is no different from the previous one in terms of profit and signals. We received the signal and immediately entered into the trade. Our 5 minute expiration would have yielded potential profit, and other signals also worked well.

Put option

Conclusion

The Golden Skull Redline binary options indicator deserves the attention of any trader, since its signals are quite accurate and there are quite a lot of them. Typically, if signal indicators give such a number of signals, they are false. On top of that, this indicator can be used by beginners without any problems, since its signals are easy to understand, and it is based on indicators known to many.

However, do not forget that money management rules are important in trading, which should be strictly adhered to, and it is also worth testing each strategy before working on a real account.

To start working in the binary options market, of course, you will need a good and proven broker. You can find one in the rating of binary options brokers on our website. Choose the one you like and start trading in the near future. We wish you success!

Download template and indicator Golden Skull Redline

Download

Can't figure out how this strategy or indicator works? Write about it in the comments to this article, and also subscribe to our YouTube channel WinOptionSignals , where we will definitely answer all your questions in the video.

PocketOption

See also:

Strategies for trading binary options

Trading session times

Useful articles about binary options

How to make money on binary options

Live chart

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Антон
Антон
блин действительно заслуживает внимания, давно искал что-то для скальпинга и этот индикатор меня порадовал, торгую всего неделю по нему, за это время успел увеличить депо немного даже, индюк дает мне примерно 70% прибыльных сигналов. спасибо автору)
15 March 2021
Answer
Вячеслав
Вячеслав
Ни фига не работает индикатор на платформе
Sergey, все ок работает в MT4
06 January 2020
Answer
Sergey
Ни фига не работает индикатор на платформе
05 January 2020
Answer
Вячеслав
Вячеслав
Не плохой индикатор, можно добавить к себе в стратегию
16 December 2019
Answer
юра
Вадим, нет, это индикатор такой и есть весь, канальный. просто похожи
09 December 2019
Answer
Вадим
На примере показан в паре с болинжером???
08 December 2019
Answer
олег вороини
олег вороини
крестик появляется на 2 свечи назад и плохо что нет звукового оповещения
03 December 2019
Answer
зара
люблю вин оптион за то, что у них всегда новинки, можно под себя выбрать стратегию или индиктатор)
02 December 2019
Answer
chiper
chiper
даже если и переделанный, то в лучшую сторону, хорошие сигналы. дополнил свою стратеегу, получилось норм. пока маленький, но плюс
02 December 2019
Answer
гарик
а это разве не переделанный bollinger bands???
02 December 2019
Answer
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