Today automation can be found in every aspect of life. Algorithmic trading is a new common way to make money. This is my last simple script for binary options, with accuracy over 51%.
Bot is based on 3 commonly known rules: moving average cross, RSI, and martingale. Robot accuracy is about 40-63%. Bot works on synthetic index volatility 100, which can be traded on binary.com.
Robots work on binary.com (for Europe) – I prefer this or deriv.com (doesn’t works in Europe).
Disclaimer
Any All the files and codes in the above links are intended for educational and informational purposes only. They should not be construed as giving investment advice, and you should not rely on them as your singular factor in making or refraining from making any investment decisions. No liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains. The strategies herein should not be construed as giving investment advice, and you should not rely on any strategy as your singular factor in making or refraining from making any investment decisions.
Foundation of robot
SMA and EMA
Choosing these two indicators makes it easy to track when the trend is changing. It is maybe too common to explain this phenomenon in detail.
RSI
Price goes up and down, but tracking RSI, when is over 60 or lower than 40, that means the price is getting overbought or oversold. Bot avoid trading in oversold or overbought state.
Martingale
If a trade was unsuccessful, then the next trade strike is equal to 110% of the loss. Martingale is the weakest part of the bot because it cannot cover unsuccessful trades forever.
How it works? / how to set it?
- Robots work on binary.com
- Download the file (button below), unpack and load it on the broker page
- Run bot and wait (it might take few hours, before it will open transaction)
- SMA and EMA must cross
- RSI is between 40 and 60
- if the previous position was lost, then increase strike for 110% from the lost amount, if not then the robot will use regular strike.
- In Europe every hour, you might need to run bot again. If previous trade was a loss, then the initial state can be changed. It might change your accuracy and final result.
Settings
- Max loss amount – maximum amount, which can martingale increase
- Initial amount – the amount of the first strike
- Strike – strike
Example settings
- Market = syntetic index, volatility 100
- Default candle interval = 3 minutes
- max loss = depend on you
- strike = depend on you, you can calculate it using this webpage. If you have a small account of around 200$, then 0.35 is enough if 500, then 0.7 is enough, etc.
- DO NOT TRADE AT WEEKEND – I do not know why, but the performance at the weekend is really low.
- Don’t be greedy – it can escalate bad consequences quickly.
- Remember to test bot on the demo account.
Statistics and screenshots
Plans
So I want to improve accuracy and focus on non martingale system, because it is the weakest point of the robot. Future version of bot might be paid, but for supporters I can provide discounts or even provide it for free.
If You would like to support my work, you can find on bottom page links to. Thank You a lot!
Disclaimer
Any information or advice contained on this website is general in nature or educational only Any All the files and codes in the above links are intended for educational and informational purposes only. They should not be construed as giving investment advice, and you should not rely on them as your singular factor in making or refraining from making any investment decisions. No liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains. The strategies herein should not be construed as giving investment advice, and you should not rely on any strategy as your singular factor in making or refraining from making any investment decisions.