• Popov
  • Popov
  • Lead Developer
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  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,996

Topic: Markets Correlation and Work of a Binary Options Robot

I created a Binary Options robot for EURUSD M1 this morning. I ran it on several chart to monitor the signals behaviour.


As I expected the robot works really fine on the EURUSD chart with Win/Loss 83 %.

http://s31.postimg.org/sga5y0yl7/screenshot_1780.png

It also works well on other markets where the USD is the underlying currency.

GBPUSD Win/Loss 100 %
http://s31.postimg.org/wqottm3ob/screenshot_1781.png

NZDUSD 71.4 %
http://s31.postimg.org/sldx7p5wb/screenshot_1782.png


However, the result is opposite on markets where the USD is the base currency. This is completely normal.

http://s31.postimg.org/64gyidouz/screenshot_1783.png
http://s31.postimg.org/65qwbsqor/screenshot_1784.png

I'm a little bit surprised that a single robot works so well on similar markets. Even the bad performance on the opposite markets confirms that.

I may only suppose two reasons for that:
1. The Binary Options trading is less demanding to the strategy
2. The simplicity of the strategy makes it working well. - no over-optimization or curve fitting.

...

By the way, the Binary Options Tester has a secret souse in the formula. I'll test it more and will apply it first to EA Studio. If everything is fine, I'll implement the know-how to our main weapon  - FSB Pro.

Trade Safe!

Popov's Website

  • Registered: 2016-05-20
  • Posts: 57

Re: Markets Correlation and Work of a Binary Options Robot

Popov wrote:

By the way, the Binary Options Tester has a secret souse in the formula. I'll test it more and will apply it first to EA Studio. If everything is fine, I'll implement the know-how to our main weapon  - FSB Pro.

Trade Safe!

Any thoughts on pulling BO into FSB Pro?  It's got such a wide arsenal of tools that would be handy for building and refining the strategies at a deeper level.  If not is there a good methodology for using FSB to get the base strategy and porting it over to BO Tester, ie just grabbing the entry etc.?

I'm pretty surprised... I've just been tinkering with the BO Tester, ran it 4 times for 15 mins took the top strategy with no refinements, tossed the EAs on a demo and it's up $220 in a little over a day using min lot sizes.  Granted it's 254 trades so far with a profit factor of 1.2 but that's also without me putting in zero effort to make the strategies solid.... yet.

If I were getting 83% win ratio I'd probably have been awake for 48 hours straight and planning my retirement lol. smile

3 Reply by Hannes (edited by Hannes 2016-08-17 09:46:45)

  • Registered: 2016-08-16
  • Posts: 57

Re: Markets Correlation and Work of a Binary Options Robot

I can't seem to find the starc bands in the online BO Tester. Is there a way to use them with the online BO Tester?

  • Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,996

Re: Markets Correlation and Work of a Binary Options Robot

Hello Hannes,

Welcome to the community!

We updated the application to use only MT indicators. We achieve with that smaller, faster and easy for understanding and editing expert advisors.

You can run the Generator and find hundreds of expert with the available indicators.

Trade Safe!

Popov's Website