The Winner Binary indicator for Metatrader 4 deploys a proprietary trading method to deliver signals for both binary traders and Forex scalpers.
The indicator appears as colored signal arrows in the main MT4 chart window.
It’s recommended to use the indicator on the M1 and M5 charts for best results.
After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.
Key Points
- Works for both binary traders and scalpers
- Newbie friendly
- Utilize on the M1 and M5 charts
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a buy & sell short-term signals tool.
Free Download
Download the “winner_binary.mq4” MT4 indicator
Indicator Example Chart
The GBP/USD 1-minute chart below shows the Winner Binary Forex indicator in action.
Basic Trading Signals
BUY:
- A buy signal is given when the blue colored signal arrow appears on the chart.
- Set stop loss below short-term support.
- Exit the buy trade for a predetermined profit target or wait for a sell signal.
SELL:
- A sell signal is given when the red colored arrow appears on the chart.
- Set stop loss above short-term resistance.
- Exit the sell trade for a predetermined profit target or wait for a buy signal.
Download This Forex Indicator
Download the “winner_binary.mq4” MT4 indicator
Adjustable Parameters & Settings
Number of bars, colors, style
Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.
More Info About This Indicator
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: Binary / Scalping
How to install the Winner Binary indicator in Metatrader 4?
- Copy and paste the winner_binary.mq4 indicator into the MQL4 indicators folder.
- You can access this folder from the top menu as follows:
- File > Open Data Folder > MQL4 > Indicators (paste here)
How to remove the indicator from the chart?
- Right click in the chart
- Select indicators list
- Click on the indicator’s name
- Click on the delete button