Binary options EA
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Hello all,
I have read in the forum something about Binary Options but I didn't understand/find how to program them with fxdreema.
I read something about expiration and set the sl and tp to 0 but I don't know which blocks do I have to use.
Is it possible to program it?
Will it be possible to backtest it?Thank you,
David R. -
Use the same blocks. Only turn off the stops (SL and TP), they are not needed at all. And set the expiration time of course. The EA should be able to do the rest. If it gives you some error, tell me.
About the backtesting... I don't know how. MetaTrader does not work with BO naturally. The way it happens is that certain information about the expiration time is put in the Comment of the trade and the BO broker reads that information and does the rest. But MetaTrader still works the same way. And when you backtest, even if you have have such fancy comments, nothing will happen, because the Tester does not know what Binary Options is and does not care what is in the comment attribute. But in fact the expiration setting will work and trades will be closed by expiration.
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You only need the percent profitable trades in the backtest. It´s the only thing to check. If it gives more profitable trades than losers, you need to compare the value with the payout.
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sure if you set every trades expiry time to what you would use in binary options trading , every other result other than that is false.
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Thank you very much!
And Thanks for the awesome builder!
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@fxDreema how to set an expiration time for buy or sell blocks??
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@ellemitless You can do it this way:
