For 1-minute trading, look for at least three candles of the same color preceding a signal to identify a more reliable trend reversal. 4. Safety and Risk Warning

The indicator displays clear Buy and Sell Arrow Signals directly on the main chart.

Binary options are high-risk; in many regions, they are categorized as high-stakes betting rather than traditional investing.

Use default Bollinger Bands and RSI settings. A strong signal often occurs when the price breaks these bands while the indicator shows an arrow.

It is most commonly used for intraday trading on short timeframes, such as M1 (1-minute) or M5 (5-minute) .

Paste the extracted BOW indicator.mql4 file into this folder.

Features built-in alarms to notify traders the moment a signal appears, reducing the need for constant screen monitoring. 2. Installation Guide for MT4