Question mt4 coding binary options

[beastrader]

im looking for a coder who can code me a binary options bot. the strategy is very simple but ive got no idea how to code. basically i need a few options for back testing in the bot too. dm me if you can help out. thanks

 

[evgenfrost]

im looking for a coder who can code me a binary options bot. the strategy is very simple but ive got no idea how to code. basically i need a few options for back testing in the bot too. dm me if you can help out. thanks

indicator as a strategy?

 

[beastrader]

indicator as a strategy?

bot - strategy - ea

 

[beastrader]

a

how do you plan to auto trade BOs ? using a binary broker ? you need special code for that, I looked into it a while back

better way would be to trade regularly (not BO) using the same strategy

what is your winrate ? and TF?

actually using a standard broker will not work because your r/r will be variable within a timeframe. im using a binary options broker who uses MT4. This strategy is pure probability over large numbers of trades and only works in the binary option system. TF can vary but the smaller timeframes obviously give more trades and more results quicker. winrate is around 60-70%

i can sit there and trade it manually but only for so long as its mentally demanding.

so i need a ea made to do this. if anyone can help. DM me.

 

[tanaka akiko]

 

[beastrader]

if anyone wants to try - the strategy is

trade in the direction of the previous candle for the duration of the candle. ie: 1min chart = 1 min expiry.
there are alternate ideas id love to test, like -
only trade the first candle after a candle change. ie: you have a bear candle, then a bull candle, the next candle your would trade a bull expiry, but only once. until you see the next bear candle.
you can also use a filter like an MA, and only trade bull candle in the bull direction when the price is above to MA.

i think i time filter would be good so the EA doesnt trade around dead markets when you may get more continuously alternating candles.

im using this strategy on quotex and seems to work in bursts when i trade, which is usually around the london session. the mt4 broker i want to use is cgoption - they seem to allow MT4 binarys.

if anyone else trades BO, id be interested to hear their ideas.

 

[tanaka akiko]

No, problem.
Just previous candle is BUY, then place BUY entry at the beginning of a next candle?

 

[tanaka akiko]

Here it is.
If previous candle is bullish && current price is above MA, Buy order is placed at a next candle .

If previous candle is bearish && current price is below MA, Sell order is placed at a next candle .

If next candle is closed, then the order is closed at the same time.

 

[beastrader]

Thanks, i can see how it works on a normal mt4 terminal. but the one i have for a demo account with world forex doesnt work with it.

 

[tanaka akiko]

Thanks, i can see how it works on a normal mt4 terminal. but the one i have for a demo account with world forex doesnt work with it.

Can you try EU pair in demo?

 

[tanaka akiko]

This is revA version.
I added OGT break out indicator.
It looks much better with reverse mode=true.

EU M5