About the Binary Options MPC MT4 Indicator
Introduction to the MPC Indicator
The MPC indicator is based on the channel breakout.
The basic ruled that applies here is the following – the long position is opened when the price shows new X days maximum, and the short position is opened when the price forms new X day minimum.
It allows forecasting the trend direction. But there is a problem – very often trend detected with a lag and the most of the profit is lost.
It fits all kinds of timeframes and currency pairs.
The indicator is displayed directly on the main trading chart.
The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
Download Our All Free Binary Options MT4 and MT5 Forex Trading Indicators
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)