forexconsult
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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
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
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