EURUSD Binary Option Trading Strategy

forexconsult

Newbie
8 0
Hi all,
I have doing some great research on trading binary options. Finally i came up with a trading system for trading hourly binary options for EURUSD.
What is the problem? I need some great backtesting on this idea. Since this system is combined of three indicators, i have been able to do limited backtesting. I need somebody to develop an EA or some sort of automated way to test this idea so i can improve it.

Heres the idea and heres how i need it tested:

3 indicators:
MACD (24,52,18)
MACD (6,19,9)
Fisher_m11 (rPeriods 10, pSmooth 0.30, iSmooth 0.30)

Ok, so the macds i have are colored ones, i don't know how your macds read. Mine are either green or red. Same goes with Fisher_m11.

Strategy:

On 1 hour chart. Buy Call after all three indicators signal green.

Buy a Put option after all three indicators signal red.

I am attaching screens to help you understand this strategy better.

So after you understand the strategy. The testing part is complicated.
Every signal needs to be evaluated this way:
- For Calls, I need to know if the close price was higher than the open price.
- For Puts, I need to know if the close price was lower than the open price.

It doesnt matter by how many pips, its either win or lose. I need to find out the percentage of wins and loses. I don't know if i was able to make you guys understand this clearly or not but your help will be much appreciated and in return my strategy is free for all... lol
 

Attachments

Last edited:

Hotch

Experienced member
1,410 256
How are you going to know the price of the binary at these points? Or are you going for 100% win rate?
 

madondotjp72

Newbie
4 0
How are you going to know the price of the binary at these points? Or are you going for 100% win rate?
I BELIEVE YOU ARE ON TO SOMETHING WITH THIS STRATEGY. PERSONALLY I PREFER M5. I WILL USE YOUR SYSTEM ON M5 AND THEN REPORT TO YOU. IF YOU WISH TO CONTACT ME AM AT madondotjp(at)gmail(dot)com or you can skype me at madondotjp72
 

NVP

Legendary member
37,504 1,972
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you dont say ?......you have mentioned it on about 200 threads now ..........:cool:
 
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