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Boss Binary Options

The Boss Binary Options Indicator is a popular free forex indicator for the MetaTrader 4 (MT4) platform. The indicator uses a combination of technical analysis and price action to generate buy and sell signals, helping traders make informed decisions and maximize their profits. The indicator is easy to use and can be used by both novice and experienced traders. The Boss Binary Options Indicator is a popular, free and easy to use tool that can help traders make better decisions in the forex market.

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Description

The Boss Binary Options Indicator is a widely-used and free Forex indicator designed for the MT4 trading platform. Whether you’re a seasoned trader or just starting out in Forex, this indicator is highly regarded for its accuracy and efficiency. With the ability to provide clear signals in the form of arrows, it assists traders in identifying optimal entry and exit points for their trades. Additionally, the indicator incorporates a built-in alert system to notify traders of potential trading opportunities.

Features of the Indicator

The Boss Binary Options Indicator offers numerous features that enhance its functionality. It is known for its ability to generate accurate signals in the form of arrows, which highlight the ideal time to enter or exit a trade. These signals help traders make informed decisions, maximizing the potential for profit while minimizing risk.

The indicator is compatible with various currency pairs, allowing traders the flexibility to use it in different trading scenarios. With its user-friendly interface, the Boss Binary Options Indicator is easy to install and navigate, making it accessible for traders of all levels of experience.

How the Indicator Can Benefit You

The Boss Binary Options Indicator provides several benefits for Forex traders. Firstly, it simplifies the process of identifying entry and exit points for trades. The clear signals in the form of arrows make it easier to determine the best time to buy or sell, eliminating guesswork and enhancing precision in trading decisions.

Additionally, the indicator’s built-in alert system serves as a valuable tool for traders. With real-time notifications, traders can stay informed about potential trading opportunities even when they are not actively monitoring the charts. This feature ensures that traders do not miss out on potential profitable trades.

Moreover, the Boss Binary Options Indicator can be utilized in various trading strategies, such as scalping, day trading, and swing trading. Its versatility allows traders to adapt their approach based on market conditions and personal preferences.

Indicator Settings

Alert Percentage: This setting allows you to choose the probability percentage at which the indicator will generate put/call signals.

Advanced Mode: Enabling this mode provides a comprehensive overview of the market status through the indicator.

Return ITM: Specify the maximum allowable difference between the market price and the strike price to trigger the reversal of a buy/sell call.

Balance: Enter your account balance to accurately calculate and monetize profit/loss figures.

Send Alerts: Enable or disable pop-up alerts for put/call signals.

Send Phone Notifications: Receive trade alerts on your phone or tablet through push notifications.

Send Emails: Activate this feature to receive trading alerts via email.

Conclusion

In conclusion, the Boss Binary Options Indicator is highly regarded for its accuracy, efficiency, and user-friendly interface. By utilizing the indicator’s clear signals and built-in alert system, Forex traders can make well-informed decisions, enhancing their trading performance and increasing their chances of success in the dynamic Forex market.

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How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

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