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  1. #1
    Rookie Member nevriku19's Avatar

    Newbie question - indicators and mt4 !!!

    I know that this may be a silly questin but may be its your foult that have encourage me to ask even the sillyest questions.So,when u get an account in one of the binary options you only have a naked chart at that site like the demo acount that we have here ate this comunity,am I right?My reall question is about the indicators, do u need to download apart from the binary option acount?And what about MT4 is this a platotm that u can put all the indicators or its itself an indicator and do u need an binary option account to get the MT4?

  2. #2
    Specialist Member pinoyoptions's Avatar
    BO trading with MetaTrader Platform.

    Example:



    Above picture show that in order to trade in BO effectively, You must have MT4 platform. MT4 is a platform used in forex trading and it's free to download in forex broker. All you have to do is, register in forex broker and get their MT4 platform. I used fxpro MT4 platform for my daily technical analysis. It is free and without expiration. I used it in Binary Option trading but for technical analysis only. Your Trade will be entered in your broker's platform in your browser.

    About the indicator, indicators are already included in MT4 all u have to do is to load it. I hope you get my point..
    Last edited by pinoyoptions; 10-19-2013 at 10:50 AM.

  3. #3
    Rookie Member nevriku19's Avatar
    Quote Originally Posted by pinoyoptions View Post
    BO trading with MetaTrader Platform.

    About the indicator, indicators are already included in MT4 all u have to do is to load it. I hope you get my point..
    Thank you very much.thats what I needed to know even If I didnt explain my self very clearly u give me the ansewer I want.Thanks again

  4. #4
    Specialist Member pinoyoptions's Avatar
    Quote Originally Posted by nevriku19 View Post
    Thank you very much.thats what I needed to know even If I didnt explain my self very clearly u give me the ansewer I want.Thanks again
    That's ok man, every trader start as newbie, BOTS communitrader is the right place to ask question ..

    Adding up to my answer.. to load your chosen indicator in your MT4


  5. #5
    Specialist Member pinoyoptions's Avatar
    I hope someday there will be a platform created only of BO trading..

  6. #6
    Specialist Member runneroption's Avatar
    Hi nevriku19,

    You don’t need to have a binary options account to take Metatrader software. It is trading platform used mainly by forex traders and it gives you a lot of possibilities to use any kind of indicators. It is provided for free as a demo account from every major forex broker site. In most cases when you start binary options trading you will have other platform for trading and you will use Metatrader only to analyze the market and to prepare your charts. I hope this will help you. If you have any other questions don’t hesitate to ask us. There is no stupid questions!

  7. #7
    Master Member Bogdan G's Avatar
    Here you go Nevriku: http://www.binaryoptionsthatsuck.com...ting-software/
    More info on MT4 and how to use it for BO trading

  8. #8
    Legendry Member willyw's Avatar
    Quote Originally Posted by nevriku19 View Post
    I know that this may be a silly questin but may be its your foult that have encourage me to ask even the sillyest questions.So,when u get an account in one of the binary options you only have a naked chart at that site like the demo acount that we have here ate this comunity,am I right?My reall question is about the indicators, do u need to download apart from the binary option acount?And what about MT4 is this a platotm that u can put all the indicators or its itself an indicator and do u need an binary option account to get the MT4?
    Hi Nevriku, you dont need to have a BO a/c to get a MT4 platform. Go to any forex brokers that offer MT4 and download from their site. MT4 are bundled with many indicators which you can use. No need to download additional indicators. When you are more experience you can look for more complex indicators to add to MT4 but for newbies the indicators bundled with MT4 are good enough.

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