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Da Vinci BO Indicator - universal tool for binary options

Published: 03.04.2020
Reading time: 16 minutes
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Da Vinci BO Indicator is designed to trade binary options on the M1-M15 timeframes. The indicator is based on standard indicators from the Metatrader 4, one of which is a signal, and the other two are filters (read more below). This combination is most successfully and very often used in various trading systems. Here, this combination is embodied in one indicator.

Characteristics of the Da Vinci BO Indicator

  • Platform: Metatrader4
  • Currency pairs: Any currency pairs, recommended major
  • Trading Time: London and New York trading sessions
  • Time Frame: M1-M!5
  • Expiry: 1 candle (example, 5 minutes for M5)
  • Recommended broker: IQOption, Binary,  Binomo

Trading rules

Da Vinci Indicator is based on three standard indicators (BB, CCI and RSI). And it gives a signal while observing three conditions, following the logic of the developer:

  1. The price crossed the upper (or lower) border of the BB indicator (14; 2)
  2. CCI indicator (14; 0) above level 200 (or below level -200)
  3. The RSI indicator (14; 0) crossed level 70 (or level 30):

da-vinci-indicators

You can change these parameters in the indicator settings, if, of course, you know what you are doing.

Trading with the Da Vinci BO Indicator is very simple. You should only open deals in the direction of the arrows.

CALL – blue arrow up.

PUT – red arrow down:

da-vinci-bo-indicator-call-put-signals

You need to open a deal immediately after the signal appears on the next candle. But in fact, on the current candle, since the arrow appears on the previous candle. That is, we open a deal immediately after the signal.

Expiration time - 1 candle.

A few more examples with indicator signals:

da-vinci-signals Da Vinci BO Indicator - universal tool for binary options Da Vinci BO Indicator - universal tool for binary options

Since the basis of the indicator is Bollinger Bands, the disadvantages will be the same as for the BB. Namely, protracted upward and downward trends without consolidation. When the indicator, with a rapid downtrend, gives several consecutive signals to increase the price, but this does not happen. True, the CCI and RSI indicators help a little to deal with these false signals.

Another assistant in this may be the Martingale method (a calculator to help you). But do not abuse it and use more than three steps of martingale.

As I understand it, the indicator is named after the great Italian artist, painter, sculptor, architect, writer, scientist, inventor, musician (who was he just not?) Leonardo Da Vinci, who was a vivid example of a "universal man." Thus, the indicator developers wanted to emphasize the universality and uniqueness of their creation.

Despite the fact that the Da Vinci indicator is self-sufficient and does not require additional filters, I would recommend pre-training in trading on a demo account. And only after that move on to real trading. And also do not forget to subscribe to our newsletter to always stay up to date with new posts:

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In the archive Da_Vinci.rar (29.7 Kb):

  • Da Vinci.ex4
  • Da_Vinci_template.tpl

Free Download Da Vinci BO Indicator

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Author:
Daniel
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Comments:
  • Walkman
    Published: 03.04.2020 Reply to the message

    There is no .rar file %)

    • Daniel
      Published: 03.04.2020 Reply to the message

      %) %) %)
      Who is it?

      • Andrew Valdes
        Published: 27.04.2020 Reply to the message

        walkman is right ! appear on the download this file: Day!_ »å°w² with no extension.. and is 96,3 Kb

  • reza
    Published: 03.04.2020 Reply to the message

    hi admin.tnx for this indicators.very very tnx my bro.please CTI indicator WRITING IN THIS SAIT.THANK YOU. *IN LOVE*

  • Toga
    Published: 04.04.2020 Reply to the message

    Is it repaint?

    • Daniel
      Published: 04.04.2020 Reply to the message

      Not repaint

  • Alex
    Published: 10.04.2020 Reply to the message

    Actually, I used to use almost the same system (without arrows). It works in a flat, - around 70-75% ITM. My advise - do not pay attention to the arrows, use just basement indicators. Also - do not forget, that in case of a strong trend - this strategy will not work.

  • Alex
    Published: 10.04.2020 Reply to the message

    I mean - use two indicators and BB. At least - when the BB become wider - you can understand, that this is trend movement and it is not safe to trade. Arrows do not show the full picture....

  • Eastwood
    Published: 27.04.2020 Reply to the message

    I'm having problems downloading this indicator can you please check the problem

  • Ashfaq
    Published: 14.05.2020 Reply to the message

    Dear Dainal,
    i have tyring to many time down load to Da Vinci Bo indicater but now download can you send me my e-mail plz
    thanks

  • shnopse
    Published: 03.06.2020 Reply to the message

    hi daniel please fix the link mate,its down couldn't download it..thank you very much you got a nice website keep up the good work

  • SBONELO MPUNGOSE
    Published: 15.06.2020 Reply to the message

    Hi Daniel
    I've been downloading your indicators in RAR format, when I put into mt4 platform under indicators they do not appear only EX4 appears. I would like to know what causes this and how can it be resolved?

    • Daniel
      Published: 15.06.2020 Reply to the message

      .rar is an archive. It needs to be unpacked. You need a WinRAR program.

  • Naimui Islam Murad
    Published: 20.07.2020 Reply to the message

    i can't setup a indicator in my device sir,
    the name of indicator's ''Da Vinci BO indicator-universale tool for binary option''
    what can i don sir please suggest me,i have need that.

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