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 %.
It also works well on other markets where the USD is the underlying currency.
GBPUSD Win/Loss 100 %
NZDUSD 71.4 %
However, the result is opposite on markets where the USD is the base currency. This is completely normal.
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.