Uses standard ADX indicator. The EA can use two types of lots: fixed and dynamic. When it uses dynamic lot, the next lot increases after loss to move to breakeven.

Currency pair: any. Recommended time frame: М1. Binary Option EA: "This is an innovative and powerful trading system based on algorithmic trade. Forex Robot Trader: "Our goal is simple: Provide some of the the best all around trading robots and indicators for the Forex market".

Nevertheless, it is not uncommon for an advisor to work perfectly for one broker, and barely flounder for another. The third problem is the MT4 terminalnot intended for binary options trading. But many brokers provide an opportunity to trade using advisors or manually attributing comments to orders from a native and familiar terminal. However, the terminal tester does not even know about this, and when testing the Expert Advisor for binary options, it returns not entirely correct information.

In particular, the tester calculates the profit on orders as if we were working in the forex market. In addition, a trade closed at zero is considered profitable and is taken into account when calculating the percentage of profitable trades.

And the percentage of profitable trades is almost the most important indicator when trading binary options! The rest of the statistics is also considered incorrect: profit factor, drawdowns, profit and loss — all this will be different, not to mention the profitability graph drawn in the tester.

You will need two terminals, as I said above, high-quality quotes for example, from Alpari , minimal knowledge of mql4 programming and excel programs, a library for testing binary options which you will find at the end of the article , and, of course, the EA itself in the source that is, the mql4 file. When I spoke about knowledge of mql4, I may not have expressed myself quite correctly. To do this, you need to put the library in the desired folder and write a couple of lines of code.

At the same time, this whole process is analyzed in detail in the video tutorial, as, in fact, everything else. After connecting the library to the Expert Advisor, you can start testing. At the same time, upon completion of the process in MT4, a new file will appear in the terminal folders by the name of the currency pairand with a.

csv extension. This file can be easily opened in excel, in which you can already calculate any trade statistics. As part of this lesson, we will only display the basic statistics — the percentage of profitable trades and the total profit.

But in reality, it was not so easy. And there are several reasons — incorrect calculation of the test results for the options from MT4, the lack of historical data for testing and many others. But first things first. So, I opened a demo account to trade American binary options. I found out that the European options are not suitable for this advisor, after spending a few days on testing attempts. Further complexity was to conduct tests, but first, I want to say a few words about the advisor and the principle of its work.

Platform : Metatrader 4 Advisor version : 2. Install the Advisor by the standard instructions. Test results from the terminal are calculated incorrectly, and have nothing to do with the real results!

In this Expert Advisor settings significantly affect the trading results, use the recommended preset-files see archive at the end of this article. Advisor strategy is very simple. Exponential moving average with a period of KCPeriod is built, and then around the top and bottom, two more lines at a distance equal to the ATR indicator readings with a period KAtrPeriod multiplied by KCDev are constructed. If the price is currently above for sales or below for buys , respectively the upper or lower boundary of the channel, and one of the oscillators at overbought or oversold zone, buy Call or Put option with an expiration time equal to the Expiration parameter in the settings of the robot.

We use as the oscillators CCI with the period of CCIPeriod and the level CCIEnterLevel or WPR with the period of WPRPeriod and the level WPREnterLevel.

Advisor also uses a filter. It serves to disable live trading with too high MaxVol or too low MinVol volatility that is calculated by the ATR indicator with a period of ATRPer. It is also possible to disallow live trading in any day of the week, or even set up three breaks in the trade when adviser will not be allowed to trade during the day. Backtests are made on each pair individually, as Metatrader 4 platform does not allow for multicurrency tests.

Moreover, the MT4 does not allow at all to get the test results of binary options advisors. Therefore, I created a special set of features to test various pairs. What do you need to do to conduct a test of this advisor? On top, you should see the number of quotes loaded 4. Repeat the same for all periods and all currency pairs. Install the terminal, login to your account you should have an opened one by this time, can be a demo.

Then a window to type in the account number and password will appear, enter a wrong password. Connection to the server will be broken, but the server data will remain in the memory of the terminal. Next, select the desired file and load it into the terminal. Once you have transferred all the quotations in the Grand Capital terminal, you can start testing. PrintTestInfo — prints the test information to the log. This is the percentage of winning trades, the actual profit of the account, the value of the deposit and the drawdown on the account.

Only the absolute drawdown is displayed, ie, how much the account lost with respect to the initial capital. This option is needed to optimize the adviser on Custom option. WriteTestInfo — when this option is enabled at the end of the test in tester files terminal folder you can find a CSV file with the name of the currency pair and the word Test.

Searching for the best Binary Options and Forex Expert Advisors? Then you are right here! It is simply the Best Binary Option Robot and it is very easy to use and no knowledges is required.

It will analyse the trend of the market in real-time and will call or put at your place on the right currencies and at the right moment. You have nothing to do! Binary Options EA: "The EA is designed for trading binary options in the МТ4 terminal. Uses standard ADX indicator. The EA can use two types of lots: fixed and dynamic. When it uses dynamic lot, the next lot increases after loss to move to breakeven. Currency pair: any. Recommended time frame: М1.

Binary Option EA: "This is an innovative and powerful trading system based on algorithmic trade. Forex Robot Trader: "Our goal is simple: Provide some of the the best all around trading robots and indicators for the Forex market". Binary Options AutoTrading BodTrader: BodTrader is an AUTO TRADING expert advisor designed for 60 seconds binary options expiry. The robot is optimized for EURUSDbo and USDJPYbo instrument.

It has an edge over the market and resists strongly to a series of losses. It works only with broker offering the binary options add-on for MetaTrader 4 terminal. Miros Supertrade EA Binary Options: "This Expert Advisor is for binary option trading on a MetaTrader 4 account. The EA is able to trade Martingale and follow trades.

We recommend M5 with the following assets: EUR USD, GBP JPY, GBP USD, USD CHF, XAG USD, AUD USD, USD JPY. Binary Options Software Binary Options Expert Advisors. Connect to Facebook.

Leave a Reply Cancel reply. There are centralized exchange markets, there is a decentralized Forex market, but there is no BO market, none at all. However, we must be prepared for the fact that sometimes advisor can not make a profit, or even be in the red. It is also possible to disallow live trading in any day of the week, or even set up three breaks in the trade when adviser will not be allowed to trade during the day. Moreover, he often approaches this moment very creatively, limiting himself to drawing a graph only with his imagination. Leave it as it is.

Categories:

• Binary Options online
• Binary Options
• Forex
• Forex Brokers
• Forex Bitcoin