This is an EMAs indicator for Binary Option or Scalping Alert designed for lower Time Frame Trend (2-5minutes).
Although you will find it a useful tool for higher time frames as well.
The Alerts are generated when the fast EMA cross over/under other slower EMAs, you then have the chance to wait for the pullback during the new trend then enter for trend momentum...
This is an updated version of my "Black-Scholes Model and Greeks for European Options" indicator, that i previously published. I decided to make this updated version open-source, so people can tweak and improve it.
The Black-Scholes model is a mathematical model used for pricing options. From this model you can derive the theoretical fair value of an options...
BO - RSI - M5 Backtesting -Rule of Strategy
1. Chart M5 IDC
2. Symbol: EURJPY
2. Length: 12 (adjustable)
3. Extreme Top: 75 (adjustable)
4. Extreme Bottom: 25 (adjustable)
C. Rule of Signal
1. Put Signal
* Rsi create a temporary peak over Extreme Top
row61: peak_rsi= rsi >rsi and rsi >rsi and rsi rsi_top
2. Call Signal
BO - Bar's direction Signal - Backtesting Options:
A. Factors Calculate probability of x bars same direction
1. Periods Counting: Data to count From day/month/year To day/month/year
2. Trading Time: only cases occurred in trading time were counted.
1. Trading time depend on Time zone and specified chart.
2. Enable Highlight Trading Time to check your...
Only for trading binary options.
Use 5 sec candles in your options trading software (IQ Option, Expert Option etc.)
Win more than 60% of trades.
Recommended Timeframe : 1 min
Long : When the color is darker green
Short : When the color is darker red
Reviews and Suggestions are welcome.