Added implementation of vdubus's money management strategy to binary options tester. As before, the entry/exit strategy is just there for an example, modify go_down and go_up for your strategy as the short and long entry points. Also as before, do not use present variables (i.e. close, close , ema_6_min in the example) in go_up and go_down, as this is akin to...
This is a script for testing binary options trading strategies. To test a strategy, modify the 'go_down' or 'go_up' booleans. These SHOULD NOT access any current values (for example, 'ohlc4' or 'close '), or the backtesting will not be an accurate representation of the forward values.
Modify the fraction_return input to be the return rate of the option on...
An example of binary option arrows for candlestick patterns bearish and bullish harami. With results as colored background and an option to choose your expiration (one candle by default). It's just an example for those who has their own strategy and wants to make nice arrows in their chart. All you need to do is rewrite piece of script in lines 9:13 - feel free to...
Library "BinaryDecimalConversion"
Converts decimal to and from binary.
to_binary(number) convert integer to binary string
Parameters:
number : int, value to convert.
Returns: string
to_decimal(binary) Converts a binary in a string to decimal.
Parameters:
binary : string, binary number in a string.
Returns: int
In Binary options, strategy testing is a bit different. The strategy result depends upon expiry intervals and payout ratio.
My previous script was a try to resolve this but has some bugs in specific choices. The new version overcame those and added some new features useful for binary option strategy testing.
Assumption:
We are opening position at next candle...
In Binary options, strategy testing is a bit different. The script is just a try to test Binary options strategies.
Assumption:
We are opening position at next candle after signal come
We are taking the position at opening price
Our call will be profitable if we get a green candle and put will be profitable if we get a red candle
We can open only one...
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.
Feedback Appreciated.
Thank you.
For both scripts - Go to 'MAKE IT MINE'
Modified scripts for Binary trading 1- 3 min charts / 5 -15 min intervals
vdubus BinaryPro 1
Vdubus BinaryPro 2
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Vdubus BinaryPro Money Management Strategy: $10 - $50,000 in 15 trades
Tip * break consecutive trades down to lots of 5 compounded / repeat to build up a solid equity...
With the hype around Binary Options trading (more like gambling instead of trading) it is good to be able to backtest a strategy before using it in the live markets.
In a Binary Options trade the trade get's closed after a specific amount of time and the only thing that matters is if the market has increased in price or decreased after that amount of...
An example of Binary Option Arrows (BOA) for candlestick patterns bearish and bullish harami.
With results as coloured background and an option to choose your expiration (one candle by default).
It's just an example for those who has their own strategy and wants to make nice arrows in their chart.
All you need to do is rewrite piece of script in lines 9:13 -...
Another basic strategy most people learn at the beginning of their trading carreer (like me) is the RSI strategy. This is an adaptation of the built-in RSI strategy for use in binary options. Who knows, maybe one day i will graduate to CFD trading, but my time for trading in general is limited at the moment and I am very much still at the beginning of this entire...
Binary operations and storing several numbers in one variable.
It's useful when you need to pass a values numbers to another study. Study-on-study (SOS) in Tradingview allows passing only one value, which is not always convinient. So if we put all those numbers in one - we can pass more values from one study to another.
In Pine we can use up to 52 bits for our...
I am learning pine script at the moment and this is my first attempt at creating an expire time based strategy for binary options based on a simple example like the built-in Channel Break Out Strategy.
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...
Idea was developed from Larry Connors RSI2.
The 2-period RSI strategy is a fairly simple mean-reversion trading strategy designed to buy or sell securities after a corrective period.
You should look for buying opportunities when 2-period RSI moves below Lower Band (5), which is considered deeply oversold. Conversely, you can look for short-selling opportunities...
Idea was developed from Price's Power (inno14).
This indicator is only used for Binary Option (BO).
Rules for Signal Candle:
- Close to Bollinger's Band
- Price Power is losing its strength (compare with previous powers)
- Price Power is about crossing down/up middle line
- DMI Extension show SELL signal
How to enter:
- Enter the next candle.
- Expiration:...
![EURJPY: Binary Option Arrows (example) [TheMightyChicken]](https://s3.tradingview.com/i/ioSbnNIX_mid.png "Binary Option Arrows (example) [TheMightyChicken]")
