The best binary options indicator

1 THE ZUP INDICATOR
In 1935 H.M. Gartley published a book entitled
"Profits in the Stock Market". Since then the pattern
has been refined with additional parameters added,
specifically Fibonacci retracement ratios. Gartley
patterns are visible and measurable patterns that
occur on technical analysis charts of various
markets. These patterns apply to the Stock Market,
the Commodities Market, and the Currency Market.
The Fibonacci based patterns can create bullish
and bearish trading signals. The patterns must meet
specific conditions to be considered a verified
pattern. Key Fibonacci ratios are used to observe
patterns that resemble and are similar to deformed
"W" or "M" patterns within the chart. These patterns
can be viewed on a few websites that can be found
with a simple search. Other patterns have been
developed that are similar to the Gartley pattern.
They have been given names such as The Crab,
The Bat, and The Butterfly.
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Dana DeCecco
The patterns consist of four distinct price points or
pivot points on a price chart. They are considered
classic retracement patterns and occur in all time
frames. This makes these patterns usable for day
traders, swing traders, and longer term investors.
Gartley originally used ratios of one third and two
thirds. It was not until further development of the
pattern that the Fibonacci ratios were applied.
Gartley wrote that the pattern was successful
approximately 70% of the time. Recent studies have
reinforced this estimate. The pattern has been
tested over the past 70 years making it a very
reliable trading signal.
Larry Pesavento, a veteran trader of over 40
years, has done extensive research on this pattern.
He published a book in 997 called "Fibonacci
Patterns with Pattern Recognition".
When the pattern is properly identified, the trader
can enter a high probability trade. The main
advantage of this trade is the ability to set tight stop
loss orders in case of pattern failure. As with any
trading system, this pattern is best used in
conjunction with other reinforcing indicators.
Support, resistance, and pivot points would be an
example of this.
This style of trading is sometimes referred to as
Harmonic Trading. No trading systems work all of
the time. A 70% win rate with a controlled risk
makes this pattern based system an excellent
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Trading the Fibonacci
trading system for many types of traders.
This is a universal trading indicator and can be
applied to any market. Stocks, Forex and futures
are examples of these markets. Since this indicator
is published and available to the MT-4 Forex trading
platform we will provide forex examples throughout
this publication.
I also provide a professional trading system to
give you a real edge in the marketplace. This
technical trading system is used by banks, trading
syndicates, hedge funds, and nearly every