Forex Black Scholes Binary Options Strategy
Forex Black Scholes Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages. It can send alerts. It has 40 settings, for example MA Color Fill 1 2 3 or 4 (default 3), MA1 Period (default 50) and MA2 Period (default 100). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 9 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Black Scholes Binary Options Strategy
Forex Black Scholes Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Ma color fill 1 2 3 or 4, Ma1 period and Ma2 period. MQL source code included.
Files in the download: 0_-_Color_Fill_-_MA1_p_MA2.ex4, 0_-_Color_Fill_-_MA1_p_MA2.mq4, 0_-_MA_Candles_Two_Colors.ex4, 0_-_MA_Candles_Two_Colors.mq4, Black-Scholes Binary Options System Binary Options .tpl, Black.Scholes trading.tpl, BlackScholes_oscillator.ex4, BlackScholes_oscillator.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma color fill 1 2 3 or 4 | 3 | Colour on the chart |
| Ma1 period | 50 | Period or timeframe used by the calculation |
| Ma2 period | 100 | Period or timeframe used by the calculation |
| Ma1 shift | 0 | Bar shift (0 = current bar) |
| Ma2 shift | 0 | Bar shift (0 = current bar) |
| Ma1 method | 1 | |
| Ma2 method | 1 | |
| Ma1 price | 0 | |
| Ma2 price | 0 | |
| Ma method key | 0=SMA, 1=EMA, 2=SMMA, 3=LWMA | |
| Ma price key | 0=Close, 1=Open, 2=High, 3=Low | |
| Ma price key cont | 4=Median (High + Low) / 2 | |
| Show ma1 | true | |
| Show ma2 | true | |
| Label size | 12 | |
| Label bold | false | |
| Ma1 label color | indicator_color1 | Colour on the chart |
| Ma2 label color | indicator_color2 | Colour on the chart |
| Label corner | 3 | |
| Label left right | 20 | |
| Label up down | 20 | |
| Show labels | true | |
| Candle ma period | 34 | Period or timeframe used by the calculation |
| Candle ma shift | 0 | Bar shift (0 = current bar) |
| Candle type | 1 | |
| Candle ma price | 0 | |
| Candle shadow width | 1 | |
| Candle body width | 3 | |
| Type key | 0: SMA, 1: EMA, 2: SMMA, 3: LWMA | |
| Price key | 0: Close, 1: Open, 2: High | |
| Price key cont | 3: Low, 4: Median | |
| Disp call put flag | CallPutFlag = 0 => Cumulative CallPutFl | |
| Bool call put flag | 0 | |
| S | ||
| X | 90 | |
| T | 20 | |
| R | 0.05 | |
| V | 0.02 | |
| Fast ema | 12 | |
| Slow ema | 26 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Binary Options · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code