[SMT] Binary Option 1 Minute

This indicator called "[SMT] Binary Option 1 Minute" is designed to trade binary options on 1-minute time frames. It is based on two moving averages and a crossover signal. The moving averages used are calculated from the average prices of the last time periods. The first moving average is calculated with a shorter period, while the second is calculated with a longer period.



The signal is generated when the first moving average crosses above or below the second moving average, and then an additional filter is applied. The signal filter is calculated using an exponentially weighted moving average of the difference between the two moving averages. When the signal crosses above the zero line, a buy signal is generated, and when the signal crosses below the zero line, a sell signal is generated.

The indicator plots buy and sell arrows on the chart when a signal is generated. Additionally, it can also display gains and losses in the form of background colors. The green color indicates a gain, and the red color indicates a loss. Finally, the indicator includes sound and text alerts to inform the trader about the generation of a signal.

Attention: This indicator does not repaint! Wait for the candle to close to confirm the entry signal. Remember that signals do not imply guarantees of accuracy or gains. It is highly recommended that you test the indicator on a demo account before using it on a real account.