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The XMR Indicator for binary options is a tool that is built on extreme mean reversion. The indicator's algorithm is based on scanning the previous price movement, thanks to which it is possible to obtain signals about potential overbought or oversold levels in the market. The indicator also has an additional module that generates signals on the chart for clearer entry points into a trade.

Please note that XMR Indicator is a paid tool and costs $49.99, but you can download it for free from our website for review.

Content:

XMR Indicator

Characteristics of the indicator for binary options XMR Indicator

Installing an indicator for binary options XMR Indicator

The XMR Indicator indicator is installed as standard in the MetaTrader 4 terminal. To do this, you need to add it to the root folder of the terminal by selecting “File” in MT4 and then “Open data directory”. In the directory that opens, you need to go to the “MQL4” folder and then to “Indicators”, and then drag the indicator file there. The template is installed in the same way, but placed in the “Templates” folder. More detailed instructions for installing indicators can be viewed in our video:

Review and settings of the XMR Indicator for binary options

As mentioned at the beginning of the article, this indicator is divided into two tools:

  1. bar chart;
  2. arrows.

Next, let's look at each of them in more detail.

XMR Indicator (histogram)

This indicator for binary options is displayed as a histogram with ranges from “-5” to “+5”. A range of “+5” is considered extremely overbought, and “-5” is considered extremely oversold:

histogram XMR Indicator

The tool was created taking into account the concept that price always returns to its average value. You can use this to search for trading assets that have significantly moved away from their historical values ​​and a reversal can be expected on them. That is, if the histogram is at the values ​​“+3” and above, or “-3” and below, then this indicates strong overbought/oversold conditions and we should expect a reversal in the near future.

The XMR Indicator settings are initially balanced, but you can change them if desired:

XMR Indicator settings

In order for the histogram to generate other values, you should change the parameters “LOOKBACK_1-LOOOKBACK_5”. You can also connect alerts.

XMR Indicator – Arrows (arrows)

This indicator generates signals that work in conjunction with the histogram. The operating algorithm of this tool is exactly the same as that of the histogram, but in addition they use the RSI indicator :

XMR Indicator arrows

Sometimes you can see crosses along with arrows on the graph:

crosses XMR Indicator

Essentially, these are the same arrows, but in a different form. Therefore, it does not matter what appears on the chart, arrows or crosses, both will be a signal to enter a trade.

The signal indicator settings are very similar to the histogram settings, but there are parameters from RSI. And here you can also enable alerts to receive notifications about signals:

XMR Indicator arrow settings

Trading rules using the XMR Indicator for binary options

When trading binary options using XMR, you need to pay attention to both instruments. When observing the histogram, you should pay attention to the bars where blue ones indicate overbought and red ones indicate oversold conditions. We do not use the values ​​“-2” and “+2”, since these are very weak zones. Values ​​from “-3” to “-4” or from “+3” to “+4” are considered stronger. When the price reaches “-3” or “+3”, you can consider buying options. The values ​​“-5” and “+5” are very rare, but they are the most powerful levels. A better option would be to use both positive and negative values ​​"4" and "5".

When watching the arrows, pay attention to the fact that one arrow does not indicate buying an option. The minimum required number of arrows is two. The best option is four to five arrows.

Based on the above, to purchase Call options you need to:

  1. The histogram was red (oversold) and was at a value of “-4” or “-5”.
  2. Appeared from two or more blue arrows or crosses (it is possible to have both crosses and arrows together).

To purchase Put options you need to:

  1. The histogram was blue (overbought) and was at the value “+4” or “+5”.
  2. Appeared from two or more red arrows or crosses (it is possible to have both crosses and arrows together).

Any timeframe can be used, and expiration should be 2 candles.

Opening a Call Option

In this case, two signals appeared before the histogram reached the value "-4". After that, you could buy a Call with an expiration of 2 candles:

buying call with xmr

Opening a Put option

In this case, four signals appeared, after which the histogram reached the value “+4”. After this, you could buy Put with an expiration of 2 candles:

buying put with xmr

Conclusion

The XMR Indicator can be called a trading system that is self-sufficient and allows you to start trading binary options without using additional tools. But despite this, be sure to test it in action on a demo account , and also study it on history or through a tester, and only after that start using it on a real account.

In addition, in order to protect your deposit, you should always remember the rules of money management and risk management , and also trade only through a trusted broker, which can be found in our rating of binary options brokers .

 

XMR Indicator free download

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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.

Binarium

See also:

How to make money on binary options

How do binary options brokers make money?

Top 5 Binary Options Trader Mistakes

Binary options trading platforms

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Трейдер БО
Трейдер БО
Присутствие цены в зоне перекупа или перепрода само по себе есть сигналом..
Артур, всё зависит от времени нахождения цены в этих зонах.
04 July 2023
Answer
Артур
Артур
Присутствие цены в зоне перекупа или перепрода само по себе есть сигналом.
04 July 2023
Answer
Богдан
Богдан
В одном индикаторе два инструмента. Приятно.
26 April 2023
Answer
tirant
tirant
Последнее сообщение он ноября прошлого года. Что, никто не протестил? Результатов никаких?
21 February 2023
Answer
Vladimir
Это случайно не Николай Масалов автор индикатора? У него тема возврата цены к среднему основная во всех его стратегиях.
03 November 2022
Answer
Андрей
А у меня индикатор почему-то выше ТРОЙКИ не обозначается категорически! Кто подскажет, почему?
пробуй мелкий тф м1 например, и уменьшай масштаб максимально, редко бывают перекуп и перепрод выше 3 но бывает
02 November 2022
Answer
Михаил Шумаков
А у меня индикатор почему-то выше ТРОЙКИ не обозначается категорически! Кто подскажет, почему?
02 November 2022
Answer
Иван
После того, как я скачал этот индикатор, он у меня будет постоянно рабочий? Или это какая-то демо-версия?
Ярик, на сколько я знаю, ты скачиваешь этот индюк и пользуешься в свое удовольствие. Никаких демок.
28 October 2022
Answer
Юрец
Юрец
Как по мне, то перекупленность и перепроданность ещё ничего не показывает. Я бы не стал покупать этот индюк. За бесплатно может протестирую на демо-счету, но пользоваться вряд ли буду.
27 October 2022
Answer
Ярик
Ярик
После того, как я скачал этот индикатор, он у меня будет постоянно рабочий? Или это какая-то демо-версия?
27 October 2022
Answer
Антон
Спасибо, за возможность испробовать индикатор бесплатно. $49.99 это уже не мало, а покупать то, что ещё не тестировал не вижу смысла.
27 October 2022
Answer
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