Trading Binary options directly in the program MT4

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News: Trading Binary options directly in the program MT4

A spotoption binary options trading platform

SpotOption finally allows us to trade binary options directly from the application Meta Trader. You will no longer need to log into the broker platform. Your trades are now realized easily within the program.

We’ve heard it before, but it’s true?

SpotOption official statement

SpotOption official statement says:

SpotOption also launched their MT4 Plug-In, which allows MT4 operators to automatically offer SpotOption’s prominent binary options solution to their traders directly within their MT4 platform. The integration process is fast and simple, and it allows for account and wallet sharing. The instruments and price feeds are through MT4, as are the deposits and withdrawals. Traders can also use MT4’s Expert Advisor for binary options, as well as dozens of indicators and oscillators for binary trading. This allows brokerages to attract a whole new database of binary traders, as well as diversify their portfolio for existing traders, without any additional steps, redirections, or set-ups.

Simply put: SpotOption, the leading provider of binary options trading platforms began offering MT4 plug-in, thanks to which you can connect to your SpotOption trading account. Now you will be able to handle your account (open and close trades, make deposits and withdrawals) directly from Meta Trader 4.

Using the new extension, it will be possible to trade using indicators (such as point strategy or BERSI Scalp) automatically. I do not know, whether it is a good idea, but why not.

How the modified Meta Trader may look like?

Below you can find my ingenious photomontage of the program Meta Trader 4. It shows the theoretical visuals of the plug-in after its implementation.

What do I think about the changes?

I think it is a step forward, but first, the brokers will have to think about it, accept it and install it. SpotOption now offers one possible solution. I have been searching for a broker who offers such option already before. Currently there are just 2 (I think), but unfortunately, I can remember just one of them. It is SMS (Solidary Market Systems) and they do not use SpotOption platform, but their own one.

However, the part where SpotOption offers to users automated trading systems for binary options (systems without any intellectual intervention of the trader) I do not like. I am worried that it will create a lot of other binary options scam similar to EZTrader scam.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

2 Responses to “News: Trading Binary options directly in the program MT4”

Are u a broker too? If I trade using no broker because I do not want to be scammed. That is why I wanted to now trade direct.how to register direct

Hello, we are not a broker, we are a just educational website about binary options trading, forex trading, and cryptocurrencies. If you don’t want to be scammed and you want to trade with a reliable and well-known broker, we recommend you to trade with IQ Option. If you want to know more read iq option review here.

Trading Binary Options In MetaTrader 4 (MT4)

Lately, a lot of people have been emailing and asking me about new and different ways to trade binary options. Most traders use platforms that all look very similar, like SpotOption, TraderSoft, Marketpulse etc. These platforms are used by many binary options brokers, but they aren’t the only option.

Today, I’m going to be introducing you to trading binary options in MetaTrader 4. This is something I’ve just recently started testing, and I’ve been very impressed with the results.

Binary Options MT4

A lot of you are going to ask me how is it possible to trade binary options in meta-trader 4? It’s actually quite simple. There are a handful of brokers that deal with Forex first using MT4, that it started to offer binary options services. I am currently testing Core Liquidity, and my first impressions are good. I won’t be providing a recommendation for you do sign up with MT4 binary options broker today, but this is certainly something you can test and trade on demo account.

What I really like about trading binary options in MT4 is the fact that I receive all of my signals in this platform already. Right now I have over 20+ charts open in my account running Binary Strategy. You can see this in the example below. What I really like about this, is that I can receive the trades and placed the trades in the exact same place. This makes it easier for me to analyze the charts and do basic price action to ensure that the trade signal is worth trading.

How To Trade Binary Options In MT4

It’s actually extremely easy to trade binary options in meta-trader 4. All I do is this, when I receive a signal, I right-click on the chart, select trading and then select a new order.
Then, you will see that this pops up a very simple binary options trade window. Here you will see all the important binary options aspects you are used to. Such as, the pair that you are trading, the investment you want to make for that trade, the expiry time, the pain win payout percentage and the trade return. Once you open the trade, it will use the meta-trader 4 prices to determine the outcome of that trade. This is much more effective than most binary options platforms because this platform doesn’t have a long history of market manipulation like most binary options brokerages . I feel like this separation alone is worth giving it a shot.

Binary Options Demo Account In MetaTrader 4

Another major benefit of trading binary options in meta-trader 4, is how easy it is for you to paper trade. You can open a new MT4 demo in the matter of minutes, without ever having to fill out any real information. This makes the process fast, and gives you the opportunity to trade without any risk at all. This is a great way to test and work on your Binary trade strategy , and it’s something that I do all the time. Trading binary options in this manner, can help you develop new strategies and become a lot more comfortable with taking calculated risk.

Every time I’m working on a new strategy, or trying a new binary options software or signal service , I always use an MT4 binary options demo.

Binary MT4 Results Tracking

Another reason why trading binary options in MT4 is effective, is because it allows for results tracking. You can use tools like Myfxbook to keep track of all your trades and even share them with the community. I haven’t done this yet, because the majority of my live trades aren’t on this paltform, but I would like to at least provide a trading session or two in this manner to show you exactly how I operate.

Conclusion

There are many benefits to trading binary options on the MetaTrader 4 platform. What do you think about this concept? Thanks for reading and please leave your comments and questions about this new way to trade below.

To download the application that lets you trade in your MT4, just click here.

Binary Option Trading on MT4

Binary option trading is popular among most forex traders; however, most binary brokers have their own trading software with limited facilities for market analysis. What if we trade binary options directly from MT4? we are sure that will definitely help traders to make better decisions with extensive analysis using numerous indicators that are designed for MT4.

FRZ Binary Automater is an expert adviser (EA) that can automate Binary option trading on Binary.com on the popular MT4 platform. It can connect MT4 to Binary.com for manual or automated binary option trading. With this EA, you can use the signals from almost any MT4 indicator to automatically trade binary options on Binary.com. It also includes the manual trading option where you can buy or sell binary options on binary.com directly from the MT4 interface by simply clicking on the buttons given on MT4 screen.

  • Binary options trading on MT4
  • Automate binary option trading based on signals from almost any MT4 indicator
  • Martingale option
  • Built-in news filter

Quick Installation Steps

  1. Paste the Binary.com App ID under EA setting No. 35 (Detailed instructions given later in this document as to how to obtain this App ID).
  2. Paste Binary.com API Token under EA setting No. 36 (Detailed instructions given later in this document as to how to obtain this API Token).
  3. Place the FRZ Binary Automater (.ex4) file within your “Experts” folder
  4. Go to MT4 => Options=>Expert Advisers and allow automated trading, DLL imports and Web Requests and add following URLS to allowed URLs.
    1. http://binaryconnector.com
    2. http://ec.forexprostools.com
    3. http://worldclockapi.com

NB: This EA may make option trades even if auto-trading is turned off. Therefore if you wish to stop trading you may have to remove the EA from chart.

If you use indicator buffers:

  1. Place your indicator directly within your “Indicators” folder (Not in sub folders).
  2. Rename your indicator as “myindicator” and then map the buffer numbers for buy and sell in EA settings No. 1 & 2 (refer to settings screenshot below). And then select the type of the buffer indicator used under settings No. 3, 5 or 7 (only one should be enabled as true while other true false).

If you are using indicator objects:

  • Simply set the object properties in EA settings No. 9 to 17.

Types of indicators that can be automated for Binary.com

  1. Indicators that provide signals via indicator’s buffers (given under the colors tab of indicator settings). There are 03 types of buffer-based indicators that can be automated for binary.com
    • Type 1 – Indicators generating arrows or similar signs such as thumb up/down, dots, etc. for buying and selling.
    • Type 2 – Indicators with one or two lines that change colors as per up or down trend.
    • Type 3 – Indicators with a two lines where buy or sell is determined by the crossover of the lines.
  1. Indicators that generate objects on the chart as their buy or sell signals.

If your indicator has indicator buffers, that can signal when to buy and sell, then you can use this option. All you have to do is to rename your indicator to “myindicator” and then map the right buffer numbers to buy and sell signals. Also make sure the indicator is placed within the MT4 Indicators folder (not in sub folders).

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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